|
Growth vs inflation
Chaos around schools
|
|
|
Right to hawk
Crop diversification problem
When a flight got cancelled
A fascinating mélange for you
Shoot-ing range
Advantage love
|
Growth vs inflation
THE
RBI on Friday cut the repo rate — the rate at which the central bank lends money to banks — by 0.25 per cent. It projected a GDP growth rate of 5.7 per cent for the current fiscal which is lower than the government's estimate of 6.1 per cent to 6.7 per cent. A monetary policy review takes a call on growth and inflation. Though expected, the small repo rate cut offers a limited help to push growth. If banks pass on the benefit to customers, loans for buying houses, cars and consumer durables would get slightly cheaper. The apex bank does not want to increase money supply sharply as it fuels consumption, which drives up prices and imports. The RBI objects to unabated government spending, which has led to high current account and fiscal deficits. After crude and gold prices fell by 10 per cent in the past one month, it was hoped the RBI would give growth a bigger push by making loans cheaper. Besides, inflation has moderated. The RBI's own forecast of inflation for the current year at 5.5 per cent is in the acceptable range. But food inflation is still high. That is why the central bank continues to adopt a hawkish approach, emphasising "monetary policy cannot afford to lower its guard against the possibility of resurgence of inflationary pressures". The government, representatives of industry, investors, loan takers and pro-growth analysts all exert pressure on the RBI to take steps to bring down interest rates. However, the RBI passes the onus of growth on the government, demanding better governance, quick policy decisions, removal of supply-side bottlenecks and higher public investment. On its part, the government has improved its finances by cutting subsidies and easing foreign capital inflows. What has really helped the government is the continuous decline in the prices of commodities, especially oil, and the forecast of a normal monsoon. This led to a sharp rally in stock markets in the recent days. But the RBI's tepid response on Friday seems to have taken the steam out of it. |
Chaos around schools
Traffic snarl-ups and congestion on the roads is a reality most Indians living in urban India are only painfully aware of. Sadly often, even a simple pleasurable activity like dropping and picking up children from schools can become a nightmare.
The Tribune survey aptly brought out the traffic chaos prevailing around schools in the Tricity. While The Tribune series focused on Chandigarh, Mohali and Panchkula, the reality in other cities in India is no different or better. In and around Chandigarh, traffic jams outside schools are an everyday occurrence. This despite the fact that the Punjab and Haryana High Court had issued detailed directions as far back as in 1995 and laid the responsibility of management of traffic near the school premises right at the doorsteps of the school authorities. Yet at best schools take up limited responsibility and the Chandigarh administration too does precious little except indulge in blame game. Parents who claim to suffer the most are often found to be flouting the guidelines, the one-way traffic rule in particular. No doubt, the police, especially the traffic police, and the administration can play a crucial part in the smooth flow of traffic but it would be implausible, if not ludicrous, to suggest or assume that they can be around each school. Clearly, the school authorities need to be proactive and those which have enough space must allow vehicles to come inside the schools during opening and closing hours as some schools in Pune have done. Parents need to explore simple options like car pool and parking the vehicle a little distance away from the bottleneck point. Besides, there is need for urban India — that invariably looks at the West for inspiration — to follow pragmatic concepts like neighbourhood schools. On the surface, in a country where thousands die in road accidents, the problem of traffic congestion might not seem serious enough. But given the rising incidents of road rage in the country, there is an urgent need to mitigate the problem before it snowballs into something graver than mere inconvenience. Hazards of traffic congestion can be underplayed only at the cost of safety. |
|
Right to hawk
YOU
need a quick bite, just step out of your home, call out to the hawker at the street corner, and you have an instant plate of somosa and steaming chana rustled up for you! On the other hand, if you are hungry because you have no money, you can spread a mat just about anywhere and sell anything from peanuts to porn, and by the evening you may have enough cash to declare you are in business. That’s the vendor industry that thrives in the country and has fascinated many a foreign tourist, even if the samosa may give him a Delhi belly or he may be swindled of a tidy sum for a fake watch. The colour and vibrancy — and the pitfalls — of this industry are set to change. The Cabinet has approved a revised Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, which seeks to lay down procedures for mandatory registration of all vendors by panels set up for the purpose under each civic body. Members of the panel will include vendors’ representatives. Unlike other regulation moves, the vendors are not complaining. That is because in the absence of overarching guidelines, local bodies often put in place arbitrary regulatory orders, which give civic officials and policemen a handle to harass anyone plying his wares. The new law limits the number of vendors in an area to 2.5 per cent of the population there. That means there is scope for 4.5 lakh hawkers in Mumbai; at present the city has 2.5 lakh. And with licences and identity cards, you will have relatively greater confidence in the goods you buy even if there is no bill or after-sale assurance. The concept, however, may be undermined by our officialdom adept at perversely turning any initiative into a money-spinning racket. The word licence, after all, doesn’t
have a nice ring to it. The question is: Will peanuts bought from an organised system in a hitherto disorganised sector taste still the same? |
|
You can never plan the future by the past. — Edmund Burke |
Shoot-ing range
IT
was his butt act in Dostana that made women go weak in their knees, his oh-so-funny character in Housefull 2 gave audiences hope that if he cannot act, at least he could tickle their funny bone. His perfectly packed body, a perfect model face…actor John Abraham had it all till he hadn't gone to jail. This is where everything changed; from that droopy and puppy-eyed man who was always chasing girls for love, John was bringing down every gangster and policewala alike in Mumbai! Put your hands together for John Abraham or Manohar Arjun Surve of Shootout at Wadala. Directed by Sanjay Gupta, the movie, based on the life of the 80's gangster Manya Surve, is a must-watch for people who want to see their ex-supermodel-turned-actor-producer John Abraham act! Sanjay Gupta, the director who is apparently best with gangsters, has etched each and every character of Shootout At Wadala decently. On top of that, he made John act, John fight and good-looking John to cuss as well! Although after a while you have all sympathies for the Bollywood's good-looking actor and you want to wipe that blood of his face! Moving ahead, Shootout also makes Tusshar Kapoor act. In fact, Tusshar should thank the dialogue-writer Milaap Zaveri for his unabashed lines. Based on the book Dongri to Dubai, the film presents a story, which is believable to quite an extent, with of course the directorial liberties that include shoving down Laila, the song which brings out pornstar Sunny Leone in her original 'big' avatar, and another meaningless number Babli Badmash. If you were to ignore these songs, Shootout At Wadala provides us with good dope on above average acting by seasoned actors like Anil Kapoor. who plays a shootout specialist. He reminded us of his previous film Nayak, where he was out to clean the political system. Talking about gangsters here, actors Manoj Bajpyee and Sonu Sood have done their homework well. Another actor-director you couldn't miss is Sanjay Manjrekar. No don't raise your hopes with this one; he is here just for laughs. With cinematography in place, men in place, fighting all over, poor Kangana Ranuat sans her exaggerated pout is lost! Now, this girl seems to have a thing for gangsters, whether it is the movie Gangster or Once Upon A Time In Mumbai, she does what she is supposed to — support the gangster, in this case John Abraham!
|
Advantage love
SET
in an economically backward state of Arkansas (where they say "thank God for Mississippi" because it is the last) Mud, which has for its hero a convict, is all about growing up, teenage crushes et al. "Where love has gone" is the central theme as it captures the paucity of that thing called love.
Greatly influenced by Mark Twain's Tom Sawyer in his schooldays, director Jeff Nichols at once establishes the mood of the small town, with a river running through it, and two lively, naughty teenagers Ellis (Tye Shendan) and Neckbone (Jacob Lotland), moving in their motorboat and motorbikes as if the state belonged to them. Mud (Matthew McConnaighy) is the convict, aptly named, a man of strong passions and one not always in control of them. Director Nichols has a way about introducing the narrative. It's a bits-and-pieces thing which adds to the suspense and we meet the protagonist well into the film. In good time we meet Junniper (Reese Witherspoon), Mud's childhood sweetheart but it looks like "love is not love which alters when it alteration finds." Then there is the enigmatic Tom Blankership (Sam Shepard) who is being referred to as 'assassin' in hushed tones. May be the second half is a tad drawn but that too can be overlooked for the depth of the story is aptly dotted with action and cinematographer Adam Stone goes to town with the visuals. Little Tye Shendan steals the show with an impeccable performance ably supported by Matthew McConnaughy and Jacob Lotland. Reese Witherspoon is wasted in a bit role and Sam Shepard is hardly noticeable in a cameo. Mud is easily one of the best of the new crop of Hollywood films. |
||
Movies on tv Kabhi Khushi Kabhie
Gham... Star gold 1:45PM Kabhi Khushi Kabhie Gham is a drama film written and directed by Karan Johar and produced by his father, Yash Johar, under the banner of Dharma Productions. Written specifically to evoke nostalgia among the expatriate Indian audiences, the film stars Amitabh Bachchan, Jaya Bachchan, Shahrukh Khan, Kajol, Hrithik Roshan and Kareena Kapoor in leading roles, with Rani Mukerji appearing in an extended cameo appearance. ZEE CINEMA 7:20AM Elaan10:30AM Badla Naag Ka1:15PM Aankhen 5:00PM Maine Pyar Kiya 9:00PM Hum Saath Saath Hain STAR GOLD 8:50AM Kaalo 10:45AM Action Replayy 1:45PM Kabhi Khushi Kabhie Gham... 6:30PM Hero No. 1 9:00PM Mar Mitenge STAR MOVIES 8:46AM Ice Age: The Meltdown 10:43AM Baby's Day Out 12:24PM Pirates of the Caribbean: At World's End 3:33PM The Lost World: Jurassic Park 6:13PM Terminator 2: Judgment Day 9:00PM The Viral Factor 11:31PM Independence Day ZEE ACTION 7:00AM Kaala Bazaar: Underworld 10:30AM Aandhi Toofan 1:30PM Jallaadon Ka Jallaad 5:30PM Bhishma 8:30PM Main Tera Dushman HBO 8:25AM Ghostbusters II 10:35AM Rango 12:50PM The Matrix Reloaded 3:25PM Happy Feet Two 5:20PM Ong Bak 2 7:10PM Hop 9:00PM Due Date 11:19PM Mission: Impossible-Ghost Protocol ZEE STUDIO 8:00AM Cool Runnings 10:10AM A Lot Like Love 12:30PM TV Products 1:00PM Arachnophobia 3:00PM The Haunted Mansion 4:55PM Loins of Punjab 6:45PM Death Race 8:40PM Shortcut to Happiness 10:30PM King Arthur FILMY 9:00AM Mera Desh Mera Dharam 12:00PM Himmatwala 3:00PM Chachi 420 6:00PM Yahaan 9:30PM Ragini MMS Sunday
May 5 Independence Day Star movies 10:02AM Independence Day is an American military science fiction film about an alien invasion of Earth. The narrative focuses on a disparate group of people who converge in the Nevada desert and, along with the rest of the human population, participate in a last-chance counterattack on July 4, the same date as the Independence Day holiday in the United States. It was directed by German director Roland Emmerich, who co-wrote the script with producer Dean Devlin. ZEE CINEMA 7:20AM Jannat 10:45AM Dharam Veer 2:15PM Salaakhen 5:40PM Judaai 9:00PM Nayak STAR GOLD 6:00AM Ab Ke Baras 9:10AM Vaah! Life Ho Toh Aisi! 12:00PM Chup Chup Ke 3:50PM Dragon Tiger Gate 5:40PM Waah! Tera Kya Kehna 9:00PM Dangerous Khiladi STAR MOVIES 8:02AM Rio 10:02AM Independence Day 12:30PM The Viral Factor 3:04PM National Treasure: Book of Secrets 5:36PM King Kong 9:00PM Dragonheart 11:11PM Rise of the Planet of the Apes ZEE ACTION 7:00AM Insaaf Ki Awaaz 10:30AM Zindagi Ek Jua 1:30PM Phool Aur Kante 5:30PM Bol Radha Bol 8:30PM Gundaraj HBO 8:35AM Cats & Dogs 10:20AM Hop 12:20PM Mission: Impossible-Ghost Protocol 3:00PM Due Date 4:50PM Ong Bak 2 6:40PM The Twilight Saga: Eclipse 9:00PM Enemy of the State 11:54PM Shaolin Soccer ZEE STUDIO 8:00AM King Arthur 10:40AM The Haunted Mansion 12:30PM TV Products 1:00PM Sister Act 2:55PM Death Race 5:00PM A Christmas Carol 7:00PM Shortcut to Happiness 8:40PM Scary Movie 4 10:30PM Bedtime Stories FILMY 9:00AM Dil Maange More 12:00PM Pataal Bhairavi 3:00PM No Entry 6:00PM Chori Chori Chupke Chupke 9:30PM Hum Dil De Chuke Sanam |
||
|
HOME PAGE | |
Punjab | Haryana | Jammu & Kashmir |
Himachal Pradesh | Regional Briefs |
Nation | Opinions | | Business | Sports | World | Letters | Chandigarh | Ludhiana | Delhi | | Calendar | Weather | Archive | Subscribe | Suggestion | E-mail | |