30 April 2010

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O HERALD O The Voice of Goa — Since 1900 panjim, friDaY, april 30, 2010

Visit us at: www.oheraldo.in

Sports: Warne backs India, Pak to win T20 WC Pg 18 A healthy body is a guest-chamber for the soul; a sick body is a prison — Bacon

IN BRIEF Goa plans vacancy bulletin: Henceforth, find-

ing out job vacancies in government departments will be easier. On the lines with of Employment News the State Government has decided to publish a weekly bulletin – The Goa Vacancy and Tender Bulletin that would contain information about vacancies in various departments of the government as also tenders floated for various work, informed N D Agarwal, Director, Printing and Stationary. - (HR)

Business: 3G auction to end in next 2 days Pg 12

Realty, healthcare get tax sops

priCE rs. 3.00 (air Surcharge rs. 1.50) pages 18

World: Barbara Mori in friends with Suzzane Pg 9

India, Pak break ice Foreign Ministers to meet soon

No change in fuel levies PTI NEW DELHI, APRIL 29

Finance Minister Pranab Mukherjee today announced changes in tax proposals that will benefit coffee growers, new hospitals and construction sector while making it clear that service tax on domestic travellers would be Rs 100 per domestic journey and a maximum of Rs 500 for international travel. Mukherjee announced these concessions that would cost the exchequer Rs 300-400 crore a year but did not touch the demand for rolling back the hike in petroleum and fertiliser prices on which the entire opposition walked out before Lok Sabha passed the Finance Bill, 2010. Explaining the reasons for his inability to concede the opposition’s demand, he said the financial position was such that oil marketing companies faced an under recovery of Rs 85,000 crore this year apart from heavy outgo on account of subsidies, interest and other payments. On account of the new coffeedebt relief package, the outgo from Government kitty will be Rs 241.33 crore, but benefit to farmers will be worth Rs 362.82 crore. Replying to the debate on the Finance Bill that was passed by voice vote with official amendments, Mukherjee said with a view to giving an impetus to the health sector, construction of hospitals with at least 100 beds

PROPERTY & HOUSING l The newly imposed service tax will be only on 25 per cent of the total value of the property, including land, compared to 33 per cent proposed in the Budget. l Exemption of service tax for low cost housing for the urban poor under the Jawahar Lal Nehru National Urban Renewal Mission and under Rajiv Awas Yojna. l Tax rebates on the basis of investment to developing and building of housing projects under the slum rehabilitation scheme.

HEALTH l Construction of hospitals with at least 100 beds anywhere in India qualifies for tax concessions. l Custom duty concessions to Ostomy appliances, used to treat cancer patients. Customs duty reduced to 5 per cent on 11 drugs, including two anti-cancer ones and one for AIDS.

EDUCATION l Service tax exemption to vocational courses provided by the training institutes registered under Skill Development Scheme of the labour ministry.

STEEL l Customs duty on stainless steel scrap cut from 5 per cent to 2.5 per cent

Export duty on iron ore lumps up Finance Minister Pranab Mukherjee on Thursday further increased the export duty on the iron ore lumps from 10 to 15 per cent. Only last December, the government had raised the export duty on lumps from 5 to 10 per cent and that on fines from nil to 5 per cent. He said the hike was to match the trend in the quantum of exports and domestic and international prices. - (Herald Bureau) anywhere in the country would qualify for tax concessions based on their investment. The Government has also provided tax relief to the construction sector by levying the newly

imposed service tax only on 25 per cent of the total value of the property, including land, compared to 33 per cent proposed in the Budget. (Continued on page 11)

Vasco-Dona Paula sea-link feasibility study begins HERALD REPORTER PANJIM, APRIL 29

Louis Berger, the German company that recently bagged the contract for undertaking techno-feasibility study for the proposed sea-link project between Vasco and Dona Paula, has started its work. “The consultant has begun work and an office has been set up somewhere in Dona Paula,” said Director of Public Private Participation (PPP) Cell Anupam Kishore. He told Herald that as per the terms and conditions of the contract, altogether 18 months is the period within which the consultant will have to complete its work. He said the work would be taken up in three phases. In the first phase, the company will work on the techno-feasibility study. Only if the Rs 1000-plus crore project is feasible, then the consultant will move to the next phase, Kishore said. Otherwise, it would be abandoned.

Minor port proposed at Chapora While the government is gearing up to expedite work on the Mopa international airport project, in a new development, a minor port is being proposed at Chapora to facilitate easy transportation of cargo to the airport. The understanding is that as transportation of cargo from Mormugao Port could add to the traffic snarls besides other factors, having a minor port at Chapora would be ideal. Director of Public Private Participation (PPP) Cell Anupam Kishore confirmed that minor port is proposed to be developed at Chapora.

The consultant which was appointed earlier this month, has been asked to conduct techno-environmental financial study, concept design, techni-

cal feasibility with alignment, investigation and financial and economic feasibility. Later, it will also have to undertake environmental impact assessment, environmental clearances and social impact assessments. The consultant will be required to prepare the bid documents for appointment of BOOT (build, own, operate and transfer) operator and concession agreement, etc. Kishore who also doubles up as Joint Secretary (Debt Management) said the consultant would also identify the point on the Panjim side where the project would link. Though initially, the government had said that the sea-link would be between Dona Paula and Vasco, discussions held since then, seem to have taken one line – that it should be in Bambolim so that it links the national highway (NH17). Nonetheless, the consultant is expected to give in detail, its analysis on the feasibility. The techno-feasibility study (Continued on page 11)

Mobiles pushing credit cards out SCIENCE CORRESPONDENT NEW DELHI, APRIL 29

It is happening in the United States and the Europe and the day is not far away when it happens in India when people start paying for goods and services using cell phones and the wallet looks old-fashioned. It will also put an end to days of flashing credit cards instead of paying in cash may be over as there will be no need to carry thick wallet with plenty of credit cards to show off. Several companies in the US have developed small credit card scanners that plug into a cell phone and for a small fee enable any individual or small business to turn a phone into a credit card processing terminal. PayPal’s cell phone application calls for only a simple bump of two cell phones to transfer money. Apple has submitted a patent application for a cell phone payment system. When Brian Kusler, a software

engineer, had a dinner recently in a San Francisco restaurant, his companion paid the bill and sought his share. Instead of hunting down an ATM, the two bumped their iPhones together, and Kusler wirelessly transferred his part of the bill, about $100. Federal Reserve has enough evidence of paper money being used less often in the US though cash payments are difficult to track, the number of non-cash transactions in the United States grew from fewer than 250 a person in 1995 to more than 300

in 2006. Data on the stock of smalldenomination bills and destroyed bills indicates that the use of cash peaked in the mid1990s and has been declining since, two economists at the Federal Reserve Bank of Cleveland found. “When debit cards were introduced in the early ’90s, that was the beginning of the slow and gradual decline of paper cheques and cash,” Red Gillen, a senior analyst in a financial firm in Boston told The New York Times. Credit cards solved the problem of the bounced cheques. Still, cash has remained essential in certain instances, like paying back a colleague for lunch, buying fruit at a farmers’ market or buying a beer at a cash-only bar. These new mobile payment technologies could finally change that. The new services could have (Continued on page 11)

Prime Minister Manmohan Singh flanked by his wife Gursharan Kaur shakes hands with Pakistani Prime Minister Syed Yousuf Raza Gilani during the informal lunch hosted by Bhutan's Prime Minister. PTI THIMPHU, APRIL 29

Bringing in thaw in bilateral relations, Prime Ministers of India and Pakistan today agreed to resume dialogue at the level of Foreign Ministers soon that could lead to parleys on all outstanding issues like terrorism, Kashmir and Siachen. The ice was broken at a 90minute meeting here between Manmohan Singh and Yousuf Raza Gilani in their first substantive engagement after their discussions in Sharm-el-Sheikh in Egypt in July last year that produced a controversial joint statement.

The meeting in ‘Bhutan House’ on the margins of SAARC Summit discussed the entire range of issues, including terrorism and progress of investigation and probe into 26/11 attacks in Pakistan. The two Prime Ministers entrusted the Foreign Ministers and Foreign Secretaries with the responsibility of restoring confidence and trust in the relations that could pave the way for substantive dialogue on outstanding issues of mutual concern. Briefing newsmen after the meeting, Foreign Secretary Nirupama Rao said Singh emphatically told Pakistan that it has to

act on the issue of terrorism and that the “terror machine” in that country needs to be eliminated. Singh conveyed “deep and continuing concern” over the fact that 26/11 mastermind Hafiz Saeed was being allowed to roam freely and “engage in language and communications that are certainly not conducive to the atmosphere of peace and stability,“ she said. Gilani assured Singh that he was making all efforts to bring to justice the perpetrators of the Mumbai attacks and not to allow Pakistani soil to be used for terrorism against India.

Parrikar gets slot in BJP headquaters HERALD BUREAU NEW DELHI, APRIL 29

Former Goa Chief Minister Manohar Parrikar, who was tipped first as the Bhartiya Janata Party President and later as a general secretary, finally makes it to the party headquarters here as convener of the party’s “Governance Cell.” This is for the first time that such a cell has been created by the party and BJP President Nitin Gadkari picked up Parrikar, who is now leader of Opposition in the Goa Assembly, to head it in recognition to the quality of governance he provided in Goa as the chief minister. Parrikar, however, need not be stationed in Delhi as he can come here only when he convenes meetings of his cell or organises some conferences on behalf of the party for charting out plans for providing good governance. The BJP announcement did not say who all will constitute the governance cell but the party (Continued on page 11)

Sir!! ISI wants us to appoint and send new diplomat for Islamabad immediately in place of Madhuri


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