November 7,2010

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The Voice of Goa — Since 1900 Visit us at:www.oheraldo.in pAnjiM, sunDAY, nOVeMBeR 7, 2010 postal Reg. no. Goa 101 pRiCe Rs. 3.00

Goa’s Heartbeat: I signed Guzaarish for Bhansali — Monikangana Pg 4 Mild tremor in Idukki A mild tremor, measuring 2.9 on the Richter scale was felt in Moolamattam and Upputhara in Idukki district on Saturday. The tremor was felt in the radius of 6.4 km around Kulamavu, the epicentre of the tremor, authorities at the Idukki dam said. — (PTI)

Goa: ANC to keep watch on Nigerians, Nepalis... Pg 2

(Air surcharge Rs 2.00) pages 16+4

Sports: We bowled well on a flat track — Sree Pg 16

OBAMA HARD-SELLS US ON ARRIVAL Deals worth $10 b announced l 50,000 jobs for US

OBAMA TA L K

PTI MUMBAI, NOV 6

President Barack Obama on Saturday began his 3-day visit to India with a surprise announcement of business deals worth USD 10 billion in aviation, power and other sectors that will create 50,000 jobs in the US, but he made a strong pitch for New Delhi reducing trade barriers. Seeking to double US exports to India and create employment in the two nations, he asked why India could not be the US’ top trading partner from the 12th position now. Making the trip against the backdrop of strong electoral reverses on top of slow economic recovery, evidenced by the high unemployment rate, Obama appeared to strongly bat for American access to Indian market, saying US companies wanted to invest more in India. In the surprise announcement, Obama said that moments before he arrived several landmark deals were sealed between the US and India, which included Boeing’s cargo and commercial aircraft with low-cost airline Spicejet, besides advanced jet engines by General Electric. He said Boeing was going to sell dozens of planes, while GE would give more than 100 electric engines among more than 20 deals worth USD 10 billion (nearly Rs 44,000 crore) and sealed before his arrival. He, however, wanted India to cut barriers to both trade and

Cyclone Jal may hit TN, AP tonight PTI NEW DELHI, NOV 6

Cyclone ‘Jal’ was on Saturday hurtling towards south-eastern coast between Nellore and Puducherry packing wind speed of 110 km per hour and is expected to make landfall Sunday night. The meteorological depression, that intensified into (Continued on page 10)

India-US will engage in healthy competition US wants to invest in India; increased commerce a win-win situation for both

Back-offices in India cost American jobs; We don’t want one-way traffic in trade. US-India target doubling trade in next five years No reason why India can’t be our trading partner.

US President Barack Obama with wife Michelle wave on arrival in Mumbai. He later signed the guest book during his visit to the memorial for the November 26, 2008 terror attack victims at Taj Mahal Hotel. And while her husband was doing business, Michelle played hopscotch with underprivileged children at the Mumbai University library.

investment in different sectors saying cooperation could not be a one-way street and effort should be made for creation of jobs in both the countries.

“Infrastructure, greater trade barriers and other issues still pose some serious challenges. Today, India is making major investments in its infrastructure

and creating greater transparency to support growth and entrepreneurship. “Going forward that commitment must be matched by a

Corlim factory gutted HERALD CORRESPONDENT OLD GOA, NOV 6

In a major fire that broke out in the wee hours of Saturday, a factory manufacturing crayons and colours at Corlim, was completely reduced to ashes. Around 60 fire personnel and water tankers from the Fire Brigade Services of Old Goa, Panjim, Kundaim and from the Syngenta Company were pressed into action to douse of the fire at Faber Castell on Saturday. The impact of the fire was such that the fire personnel managed to bring it under control only at around 4.30 pm but could not save the unit instead managed to avoid the fire from spreading to the other two units in the same premises. The incident came to light at around 3.30 am Saturday morning which was noticed by the

Photo by Rozario Estibeiro Fire personnel dousing the blaze at Faber Castell, Corlim.

security guard of the company who later brought it to the notice of the company officials. Luckily, not a single employee was present inside the crayons unit at the time of the incident, as Friday was a holiday on the occasion of Diwali. The employees of Faber Castell unit who had come to join their duty early morning

CM to decide MMC chief: Sardessai HERALD REPORTER MARGAO, NOV 6

Giving up claims to any position of power in the Civic body, GPCC General Secretary Vijay Sardessai and his group of councilorselect have authorised Chief Minister Digambar Kamat to decide on the candidate for the post of Margao Municipal Chairperson. Briefing newsmen, Sardessai said that his councilors will give total freedom and wholeheartedly support the Chief Minister to decide who has to head the Margao Civic body. “I and my group have only asked the Chief Minister to sanction a development package of Rs 25 crore for Fatorda’s development in the coming year. The Chief Minister has agreed to our demand for development grant for Fatorda”, Sardessai added. Besides the development package, Sardessai said his fivemember group of councilorselect has further asked the CM for a moratorium on acquisitions of agricultural fields in Fatorda Assembly segment, besides job reservations in government departments for the kith and kin of the land loser, whose agricultural fields were acquired in the past for various government projects in Fatorda. “The government should declare this job

GPCC General Secretary Vijay Sardessai addressing the media. Photo by Santosh Mirajkar

reservation policy at the earliest and desist from privatisation of proposed district hospital at Ambaji as the same would mean loss of government jobs which would benefit the kith and kin of the land losers”, he added. “There is a huge misconception that I am anti-agriculture. But, let me tell everyone that I am a graduate in Agriculture. I will see that there’s no more acquisition of fields from Fatorda”, he asserted. While calling upon the government to develop the open spaces in Fatorda as Nana Nani parks to cater to the needs of senior citizens and to keep encroachments at bay, Sardessai also demanded setting up an effluent treatment plant at the SGPDA’s wholesale market by (Continued on page 10)

were in for a shock on seeing the unit in flames. Speaking to Herald, Officerin-Charge, Fire Station Old-Goa, Michael Braganza said, “I received a call at around 6.30 am that the company had caught fire and reaching the spot the entire unit was in flames. I informed other Fire (Continued on page 10)

steady reduction in barriers to trade and foreign investments from agriculture to infrastructure, from retail to telecom, because in a global economy new

growth and jobs flow to countries that lower barriers to t r a d e a n d i n v e s t m e n t ,” Obama said in his address to (Continued on page 10)

ANIL AMBANI signs MoU with GE for procuring gas turbines for 2,400 MW power projects. LOW-COST carrier Spicejet signs deal with Boeing to purchase 30 new generation 737 aircraft.


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