December 8th, 2016

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www.morungexpress.com

ThursDAY • December 08 • 2016

DIMAPUR • Vol. XI • Issue 337 • 12 PAGes • 5

T H e

ESTD. 2005

P o W e R

You can’t cross the sea merely by standing and staring at the water Nothing is more special than coming home: Imlibenla Wati

Pope warns media over the ‘sin’ of spreading fake news PAGe 09

o F

T R u T H

— Rabindranath Tagore

Napoli, Benfica through as Arsenal pinch top spot in last 16

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All pain, little gain

reflections

By Sandemo Ngullie

Demonetisation math does not add up

Please don’t talk about quitting. You’re the only pastor in this town. if you quit who will take care of the weddings?

The Morung Express Poll QuEsTion

Vote on www.morungexpress.com sMs your answer to 9862574165 Do you feel that the Hornbill Festival needs fresh innovative thinking and creative implementation? How? Yes

no

others

Hotels in Kohima directed to provide list of foreign guests DIMAPUR, DECEMBER 7 (MExN): As required under section 7 of Foreigners Act, the office of the Superintendent of Police, Kohima, Government of Nagaland has reminded all the hotels, guesthouse, institutions etc. under Kohima District accommodating foreigners to mandatorily furnish information about the foreigners using the online C-Form. A press release issued by Sr. Superintendent of Police, Joseph Hesso stated that it is statutory obligation to intimate the Office of the FRO (SP Office) regarding the arrival and stay of every foreigners in the respective establishment within 24 hours. With the implementation of the IVFRT module, hotelier accommodating foreigners can upload complete details regarding every overseas national staying in their establishment and can submit the details using the online C-Form. To enable the use of the IVFRT module hotelier can obtain user ID by registering with FRO, Kohima at http://indianfrro. gov.in/frro/FormC,” it informed. The contravention of the said provisions invites punishment of imprisonment for a term, which may extend to five years and fine under Section 14 of the Foreigners Act, 1946, the press release also stated.

19.1 billion new notes pumped into public domain: RBI informs

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MUMBAI, DECEMBER 7 (IANS): With growing concerns over the circulation of new notes with the public post-demonetisation, the Reserve Bank of India (RBI) on Wednesday clarified that 19.1 billion pieces of new currency have been put back into the public domain. “Nineteen point one billion notes have already been put in circulation with the public,” RBI Deputy Governor R. Gandhi said in a press conference after the bi-monetary policy review. Gandhi also said almost Rs 12 lakh crore old notes (Rs 11.85 lakh crore) have been deposited by public so far. On November 8, the government decided to demonetise Rs 500 and Rs 1,000 notes across the country.

Zero Tolerance band from Darjeeling performing at the qualification round of the Hornbill International Rock Contest on Wednesday evening at the Hockey Ground, IG Stadium, Kohima. Altogether 18 bands are competing at the Hornbill Rock Contest. Nine bands played on Wednesday while the remaining bands will perform at Thursday’s qualification round. Judges for the Hornbill Rock Contest include Luke Kenny, Atsunglir Jamir, Bendang Kichu and Rudy Wallang. (Photo by Jabu Krocha)

DAN has betrayed trust of the people: NPCC

DIMAPUR, DECEMBER 7 (MExN): The Nagaland Pradesh Congress Committee (NPCC) today expressed grave concern on the declaration of December 25 by the central government as a Good Governance day, Fathers’ Day as Yoga day and Good Friday as the Judges Day; and slammed the DAN government for not opposing it. A press note from the NPCC Working President, Ayang Aonok stated that it is “a downright insult to all Christians particularly for the state of Nagaland that comprises more than 90% Christian population.” The NPCC termed it surprising that the DAN government is “maintaining a studied silence on such vital issues ostensibly for possible reprisal from Modi.” The DAN government in Nagaland has betrayed the trust of the people but continue to adore and glorify leaders who have been systematically dismantling the secular fabric of the country, it alleged. It added that the NPF has “lost its ideological moorings of protecting and

safeguarding the Naga interest vis a vis article 371 (A) while trying to placate its political master in Delhi.” The NPCC also shared its concern over the hardship faced by the people in Nagaland in the wake of demonetization of the Rs 500 and Rs 1000 notes. “How will Modi catch big fish by putting a cap on withdrawal of people’s legitimate money from their legitimate bank account?” it questioned, while stating that this “dubious measure will not encourage black money holders to surrender their black money stashed in Swiss bank and tax-havens.” It further pointed out that the Prime Minister is talking in terms of a cashless society “when still many people in India do not know how to use a toilet.” The first step towards the gigantic task of a cashless society is to educate people, it observed. The NPCC said there is a “conspicuous lack of proper planning and the execution was flawed.” Regarding the GST, the NPCC lamented that the DAN government

“gave in meekly to the NDA regime that espouses one nation one tax regime, which will have far-reaching consequences vis-a vis article 371(A).” The centre, it stated, is slowly and assiduously encroaching on article 371 (A) of the constitution and would render this article “meaningless.” The NPF that arrogated to itself as the champion of regional pride and Naga peoples aspiration has now compromised its principle for money, wealth and power, the NPCC alleged. It further stated that the NPF’s “open criticism of head of the state, NGOs and various organizations have stunned and shocked the entire state stakeholders.” The NPF as ruling party, it stated is expected to exhibit more restraint and added that the name of the Governor “should not have dragged into the debate.” It alleged that the NPF is “acting as if DAN government has been authorized to loot, plunder and siphon public money to the extent of questioning the locus standi of the Governor of the state for his candid criticism of the government.”

NEW DElhI, DECEMBER 7 (IANS): Revenue Secretary Hasmukh Adhia’s startling admission on Tuesday that the government expects all scrapped Rs 500 and Rs 1,000 notes to come back to the banking system raises questions about the very purpose of the disruptive demonetisation exercise, as well as its supposed benefits, say analysts. Adhia’s statement completely negates the earlier narrative that anywhere between Rs 3 lakh crore and Rs 5 lakh crore of black money will be “extinguished” by the demonetisation drive as it will not return to the banking system -- providing the Centre a windfall that would be used for pro-poor and infrastructure-related expenses. With such a windfall now not on the cards (the RBI said Wednesday that almost Rs 12 lakh crore is already back with the banks), the math of demonetisation simply does not add up, say analysts that IANS spoke with, who contend that a simple cost-benefit analysis suggests the government -- and the country -- will emerge a big net loser because of the exercise. Consider their argument: Of the Rs 15.4 lakh crore of scrapped money, it was estimated that 30 per cent was black, that is, around Rs 4.5 lakh crore. Given the hectic activity witnessed in the weeks since demonetisation was announced on November 8, even the most conservative estimate will have to assume that about a third of the unnaccounted money -- or Rs 1.5 lakh crore -- has been “taken care of” and is now back in the banking system as “legit” money. There is enough anecdotal evidence of people exploiting the Rs 2.5 lakh limit as well as Jan Dhan and other accounts for this purpose. According to some media accounts, the Central Board of Direct Taxes (CBDT) has estimated that about Rs 1.3 lakh crore will be declared under the new income disclosure scheme (IDS) that the government announced as a seeming afterthought on November 28. The analysts were generous enough to raise this figure to Rs 1.5 lakh crore. The remaining Rs 1.5 lakh crore is what the IT men will have to chase and recover, provided people are unable to explain their deposits. This will be a long-winded process that will play out over the next

two-three years and provide no shortterm payoff for the government. So, the immediate benefit would be the Rs 75,000 crore it will collect as 50 percent tax on the amount declared under the Pradhan Mantri Garib Kalyan Yojana (as the new IDS is called). Plus about Rs 2,500 crore that it will save as interest outgo, in the first year, on the 25 per cent that has to be deposited under the IDS. This adds up to a princely sum of Rs 80,000 crore (generously rounded off). Now set this off against the cost of the whole exercise. The Centre for Monitoring the Indian Economy (CMIE) has estimated that the nation’s GDP will take a hit of Rs 1.28 lakh crore for the period between November 8 and December 30, the demonetisation window. It does not, however, consider the cost for the next quarter -- and most economists believe it will take at least one, if not more, quarters before the economy recovers. They expect the total cost to the GDP, at the minimum, to be around Rs 1.5 lakh crore. The actual cost of executing the demonetisation drive -- printing the new notes, logistics and the like -- has been estimated at Rs 20,000 crore. Further, with banks becoming awash with cash, the government has already allowed the RBI a vastly enhanced mandate to issue market stabilisation or MSS bonds worth Rs 6 lakh crore to drain out the excess liquidity from the banks. At an average interest of 6 to 6.5 per cent per annum, these bonds will cost the RBI anywhere between Rs 30,000 crore and Rs 35,000 crore for a nine-month period, the expected timeframe in which the issue is likely to get resolved. Thus, on the cost side, the grand total works out to about Rs 2 lakh crore -against a gain of Rs 80,000 crore. Of course, the government, its spokespersons and pro-demonetisation economists constantly speak of intangible “long-term benefits” such as a “move to a cash-less economy” and “widening the tax base”. But the question analysts are asking is: Did the achievement of these noble goals merit the pain and disruption caused by the demonetisation exercise -- and the almost Rs 1.2 lakh crore short-term hit the country is likely to take?

sacked BJP leaders seek Pakistan plane crashes into mountain justice from national prez DIMAPUR, DECEMBER 7 (MExN): The three BJP leaders who were recently relieved from their respective posts from the Nagaland state units have written to the BJP national president seeking justice. According to the three BJP functionaries, namely K James Vizo holding the post of vice president, Mghato Achumi, also vice president and Yanghose Sangtam, spokesman of BJP Nagaland, they were informed by the state president Visasolie Lhongue that a direction was given by the Central BJP leaderships to drop them from their respective assignments with immediate effect without specifying any reasons. “On being queried the reasons for

dropping us, he could not give any tangible response to satisfy us,” read the letter written to the national president by the three BJP functionaries, a copy of which was made available to the media. The BJP functionaries maintained that as sincere and dedicated party workers, their main objective is to be prepared for the next forthcoming 2018 assembly election while asserting that “we have not played anything which could be detrimental to the party.” In this regard, the three BJP functionaries have urged the national president to “deliver justice in the greater interest of BJP in the state as well as in the national level.”

Cancer cases up by 50% in less developed countries NEW YORK, DECEMBER 7 (IANS): While there has been a 33 per cent increase in the global cases of cancers between 2005 and 2015, the countries with the lowest development status saw a 50 per cent rise during the same period, a study by the Global Burden of Disease collaboration has found. In contrast, countries with a high development status had 44 per cent of new cancer cases. The findings showed that in 2015, there were 17.5 million new cancer cases worldwide and 8.7 million deaths. Although cancer is the world’s second leading cause of death after cardiovascular diseases, the chances of developing the deadly disease and dying from it look radically different depending on where you live, the researchers said. “The cancer divide is real and growing,” said lead author Christina Fitzmaurice, Assistant Professor at the University of Washington in US. “The number of new cancer cases is climbing almost everywhere in the world, putting an increasing

strain on even the most advanced health systems. But the most rapid and troubling escalation can be seen in countries of lower development status, which can ill afford it,” Fitzmaurice added. For the study, the team grouped 32 types of cancer and analysed 195 countries based on their socio-demographic index (SDI) -- a combined measure of education, income, and fertility. The researchers found that among all types of cancer the most common were cancers of the breast; tracheal, bronchus, and lung (TBL); which caused 1.2 million deaths globally, followed by colon and rectum cancer and stomach and liver cancers. Breast cancer, which accounted for 523,000 deaths in 2015, remained both the most common and deadliest form of cancer for women, the study observed. Government agencies and the private sector need to expand prevention efforts, especially in lower SDI countries where several of the deadliest cancers, such as cervical and liver cancer, are also the most preventable, the authors noted.

ISlAMABAD, DECEMBER 7 (IANS): A Pakistani plane carrying 47 passengers and crew on a domestic flight to Islamabad crashed in the Khyber Pakhtunkhwa province on Wednesday, killing all aboard, the media reported. The Civil Aviation Authority confirmed there were no survivors, said Dawn newspaper, adding 36 bodies had been recovered from the site. The passengers on the small plane operated by the state-run Pakistan International Airlines (PIA) included noted “Vital Signs” singer-turned-evangelist Junaid Jamshed and his family, Chitral

Deputy Commissioner Osama Warraich, and three foreigners including a Chinese man, Dawn said. It said the aircraft crashed on way to Islamabad from the northern town of Chitral after losing contact with the air traffic control. Citing global aviation watchdog Aviation Herald, the newspaper reported that the plane went down near Abbottabad “due to engine problems”. Laiq Shah, a police official in Khyber Pakhtunkhwa, said the plane crashed in Havelian area. PIA identified the site as Saddha Batolni village near the Pakistan Ordinance

Factory, Havelian. Soldiers and army helicopters were mobilised to rush to the crash site, said Inter-Services Public Relations, the army’s media wing. Rescue operations were however hindered due to the rugged terrain as well as cold and dark conditions with sundown in Havelian taking place at 4.57 p.m. Government official Taj Muhammad Khan, who was at the site, said all the bodies had been “burned beyond recognition”. PIA spokesperson Daniyal Gilani said the plane had 42 passengers, including nine women and two infants, and five crew members.

Trump is Time Magazine’s 2016 Person of the Year NEW YORK, DECEMBER 7 (AGENCIES): Time magazine has named Donald Trump its Person of the Year -- calling him “President of the Divided States of America.” “I don’t think that we have ever seen one person, operating in such an unconventional way, have an impact on the events of the year,” said Time editor Nancy Gibbs. She called this year’s choice “one of the more straightforward years.” Trump beat runner-up Hillary Clinton for the distinction, which Gibbs said is given to the newsmaker who has the biggest influence on world events, for better or worse. Placing third was “the hackers,” to cover people who breached the records of major government organizations, politicians, celebrities and everyday citizens. The short list also included President Recep Tayyip Erdogan of Turkey, scientists who developed new DNArelated technology and Beyonce. The announcement was revealed on NBC’s “Today” show. Speaking on the show via phone, Trump called the title a “very, very great honor.” The magazine has been select-

ing the year’s most influential person, group or idea since 1927. Its choices have included nearly every U.S. president, Adolf Hitler, Ayatollah Khomeini, Mahatma Gandhi and Pope Francis, along with groups like the “Ebola fighters.” The title was changed in 1982 to “Machine of the Year” for the computer. In its 90-year history, Time has named only four individual women: American socialite Wallis Simpson, whose marriage to King Edward VIII caused a constitutional crisis, Queen Elizabeth II, President Corazon Aquino of the Philippines, and last year’s choice, German Chancellor Angela Merkel. Other women have been named as part of a group

or class of people. “It’s hard to measure the scale of his disruption,” Gibbs wrote in the magazine’s article about choosing Trump this year. “So which is it this year: Better or worse? The challenge for Donald Trump is how profoundly the country disagrees about the answer.” Trump has already appeared on Time’s cover on numerous occasions this year, including two covers published before the election that featured a cartoon illustration of his melting face titled “Meltdown” and “Total meltdown.” Trump criticized the magazine last year when it picked Merkel, who he called the “person who is ruining Germany.” Trump, who had been a finalist, tweeted the magazine “would never pick me as person of the year despite being the big favorite.” Trump on Wednesday, however, called the magazine “important.” “It means a lot, especially me growing up reading Time magazine, and you know, it’s a very important magazine, and I’ve been lucky enough to be on the cover many times this year,” he said on NBC.


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December 8th, 2016 by The Morung Express - Issuu