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Economy and Politics | India ready to discuss all issues with Pak

Economy and Politics | India ready to discuss all issues with Pak

New Delhi: India on Thursday said it was ready to discuss all issues including the Kashmir dispute through ‘a step by step process’ with Pakistan but asked Islamabad to rein in militants making anti-India speeches.

“We want a step-by-step approach for resolving differences with Pakistan," foreign minister S.M.Krishna told the Rajya Sabha. “We have taken a decision that India is willing to discuss everything including the three subjects you mentioned," Krishna said in response to a query by BJP MP SS Ahluwalia on whether India would discuss the Kashmir, Sir Creek maritime boundary and Siachen disputes with Pakistan.

“We have tried to bring to the attention of the Pakistan government the repeated efforts by jehadi forces in Pakistan, which are pouring venom on India and engaging in hate-India propaganda day in and day out. I conveyed to Pakistan that this certainly does not help in building confidence or reducing the trust deficit," Krishna said adding if India and Pakistan were to live like good neighbours then these activities need to cease.

PTI inputs

Elizabeth Roche


Job openings decline in July in India

New Delhi: The month of July saw a drop in online job opportunities with just three of 27 industry sectors registering positive monthly growths, the Monster Employment Index said Thursday.

Among those sectors, which registered positive change in the monthly job index, education jumped 6% between June and July. Online recruitment activity in the social service and retail sector rebounded 5% and 3% respectively in July. Consumer good, food and packaged food industry witnessed the steepest monthly decline (22%).

Production and manufacturing reached its lowest level on the index since March 2010 with a 10% month-on-month drop in online recruitment levels. Online job opportunities in the banking, finance and insurance sector witnessed the first monthly dip (8%) since March 2010.

Online job opportunities declined in 12 of the 13 cities between June and July. Among major cities, Bangalore recorded the steepest decline of 11% in job availability followed by Kolkata at 10%. Delhi and the national capital region, was the only city where recruitment levels maintained steady in July.

However, in a six-month chart, all 13 cities report positive growth trends. Coimbatore witnessed the strongest (76%) six-month growth among all cities while Hyderabad with 47% led the major metropolitan job markets in terms of six-month growth.

“The employment scenario in India has certainly improved when compared to October or December 2009," said Sanjay Modi, managing director of Monster India.

Prashant K. Nanda


CAG finds shortfalls in HAL production

New Delhi: The Comptroller and Auditor General (CAG) has found serious inadequacies in the production and supply of the 5.5 tonne class, multi-role, multi-mission Advanced Light Helicopter (ALH) by the Hindustan Aeronautics Ltd (HAL). The report released on Thursday observed that in eight years (from 2001-02 to 2008-09, HAL made only 96 helicopters as against an initially planned target of 146. During the same period, a total sum of Rs1541 crore was spent on the production of these helicopters.

The report points out that as against the envisaged indigenization level of 50%, up to 90% of the material used in each helicopter is procured from foreign suppliers. Moreover, weapon system integration version of ALH, which was to be completed by January 2003, has not been completed even 10 years after the process began.

The report also highlights the fact that several design problems were encountered during manufacturing after 1995. This was because a “collaboration agreement for design, development and establishment of production facilities of the ALH was not extended beyond 1995 though certain systems were yet to be developed."

Indicting HAL severely on design problems, the report observed that “despite more than two decades, the technical requirements finalized in 1979 by army and the air force were not fully achieved, resulting in flying of the 74 ALH supplied by the company to defence customers with concessions."

The report further noted that “the ALH, which was to be the successor to Cheetah/Chetak was found to be unsuitable for the intended multi-role requirements due to excess weight and limited power of the engine."

Aman Malik

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