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3ZX 75: Cvw`C^D E` Dy`Cv Fa VT` `^J * / 7*( /%$')%8!, )%8!,8 VRGR '%&((!1#VCEB R BP A"'!#$#1!$"#0$"T utqBVQWBuxy( &7$0+(< 1 1 5 01)234 61)!37 (#$!? *3 9* 0 N ; * 3* * < 0 ( 00 3 B 3 3 (3 4 3 34*( < ( 3 @3 0 A @ = :&;-> -.> = #%/ ,,%$ = 8 ) . 3 .'.*>)*10>? '0(@ * ! " # !#$%&%&& ations. With a view to provide '()*(+%$# greater flexibility and ease of $% &% he Centre on Wednesday .$*(/ $&#$ operations to SBRT entities, it Tannounced major steps to has been decided that all pro- attract foreign investment and 011/ %%#%)%&# curements made from India by give a boost to medical educa- the SBRT entity for that single tion in the country. The automatic route has been mining and sale of coal as also brand shall be counted towards Government relaxed Foreign allowed, he said, adding that 26 associated infrastructure activ- local sourcing, irrespective of Direct Investment (FDI) rules per cent FDI has been allowed ity has been allowed to help whether the goods procured in many sectors, including sin- in digital media. attract international players to are sold in India or exported. gle brand retail, coal and On FDI in single-brand create an efficient and com- Further, the current cap of lignite mining, contract man- retail, the Cabinet has expand- petitive coal market. considering exports for five ufacturing and digital media. It ed the definition of mandato- “Easing local sourcing years only is proposed also decided to open 75 med- ry 30 per cent domestic sourc- norms for FDI in Single Brand to be removed, to give an ical colleges which will add ing norm. It also allowed sin- Retail Trading (SBRT) was impetus to exports, it added, at least 15,700 MBBS seats in gle-brand retailers to start announced in Union Budget detailing the changes in the the country. online sales, waiving the pre- Speech of Finance Minister. ! " single brand FDI norms. Briefing reporters on the vious condition of setting up a This will lead to greater flexi- # $% FDI is a major driver of decisions taken by the Union mandatory brick-and-mortar bility and ease of operations for economic growth and a Cabinet headed by Prime store, said Goyal. SBRT entities, besides creating training and product skilling. Government. source of non-debt finance for Minister Narendra Modi, “The changes in FDI poli- a level playing field for com- “The above amendments The FDI policy provides the economic development of Commerce and Industry cy will result in making India panies with higher exports in to the FDI policy are meant to that 30 per cent of value of the country. Minister Piyush Goyal said a more attractive FDI destina- a base year. In addition, per- liberalise and simplify the FDI goods has to be procured from The Government has put 100 per cent FDI under auto- tion, leading to benefits of mitting online sales prior to policy to provide ease of doing India if SBRT entity has FDI in place an investor-friendly matic route in coal mining and increased investments, employ- opening of brick and mortar business in the country, lead- more than 51 per cent. Further, policy on FDI, under which associated infrastructure has ment, and growth,” Goyal told stores brings policy in sync ing to larger FDI inflow and as regards local sourcing investment up to 100 per cent been approved. a media briefing after the meet- with current market practices. thereby contributing to growth requirement, the same can be is permitted on the To boost domestic manu- ing of the Union Cabinet. Online sales will also lead to of investment, income and met as an average during the automatic route in most sec- + , O P ( facturing, 100 per cent FDI in He said 100 per cent FDI creation of jobs in logistics, dig- employment,” said the state- first five years, and thereafter tors/activities. "& /# + contract manufacturing under under automatic route in coal ital payments, customer care, ment issued by the annually towards its India oper- Continued on Page 4 ritish Prime Minister Boris +,",,,- # ' BJohnson on Wednesday unveiled plans to suspend Parliament until October 14, days ahead of the October 31 " %&'. $ ()* Brexit deadline, in order to pre- sent what was described as a “new bold and ambitious leg- ground zero so as to convince we are not going to change.” islative agenda”, a move which of this Parliament will com- people of the State that in real- $ Meanwhile, the SC asked has attracted widespread crit- mence with a Queen’s eaching out to a large army ity these measures were taken $ "%&' the Centre and the Jammu & icism from the Opposition. Speech on Monday 14 Rof unemployed youth in to ensure their well being. In Kashmir administration to reply Downing Street said October,” Downing Street said Jammu & Kashmir, Governor the next six months, we will to the pleas seeking removal of Johnson had spoken to Queen in a statement. Satya Pal Malik on Wednesday start many developmental pro- several regressive restrictions in Elizabeth II to request an end The House of Commons announced one of the largest jects in Jammu & Kashmir %&' the State, including the com- to the current parliamentary Speaker, John Bercow, led the single recruitment drive and Ladakh. You will see peo- munications blockade, that are session in its second sitting charge against the move, to fill at least 50,000 vacant ple on the other side start talk- hampering the functioning of week next month, starting describing it as a “constitutional posts within a span of next ing that they too want to enjoy the media after the abrogation September 9. outrage”. “However it is dressed two-three months. similar development.” he Supreme Court on of Article 370. The SC issued Three Conservative party up, it is blindingly obvious The Governor listed out a Making an appeal to the TWednesday referred a batch notices on the two petitions, members of the Queen’s Privy that the purpose of (suspend- slew of measures taken by the common people to bear restric- of petitions challenging the filed by Anuradha Bhasin, Council, the monarch’s body of ing Parliament) now would be Government for the welfare of tions on mobile calling/mobile changes in Jammu & Kashmir’s Executive Editor of Kashmir advisers, took the formal to stop (MPs) debating Brexit the people and said starting internet facilities for some constitutional status by abro- General Tushar Mehta were Times and Congress activist request to her Scottish resi- and performing its duty in from Prime Minister lishments and schools. Let more time Malik said, “It is one gating provisions of Article marking their presence in the Tehseen Poonawalla. dence at Balmoral Castle on shaping a course for the coun- Narendra Modi, everyone is normalcy come at a slow pace. of the dangerous tools used by 370 to a five-judge Constitution court. “We will refer the mat- The first petition chal- Wednesday morning on behalf try,” he said. working towards restoring nor- We are not rushing to restore the Pakistan and its stooges to Bench. The SC, which said the ter to a five-judge Constitution lenging the Presidential Order of Johnson. Opposition Labour leader malcy in the State. normalcy. It’s your city, you disrupt peace in the region.” petitions will be listed for hear- Bench,” said the Bench while scrapping Article 370 was filed It was then approved, Jeremy Corbyn said, “None of us want to see decide on your own. We are The Governor said, mobile ing in the first week of October, not accepting the argument by advocate ML Sharma, who allowing the Government to “Suspending Parliament is not loss of human lives under the here to facilitate you,” he said. calling facility will be restored in also issued notices to the that the notices would have a was later joined by another suspend Parliament any time acceptable, it is not on. What prevailing circumstances,” The Governor said the all 10 districts of Jammu region Centre and the Jammu & “cross-border repercussion”. lawyer from Jammu & between September 9 and 12 the Prime Minister is doing is he added. Prime Minister has also given by late Wednesday night along Kashmir administration on the The Bench also comprised Kashmir, Shakir Shabir. until October 14. a smash and grab on our “We are working round the a solemn assurance to save, with two districts of Ladakh. batch of pleas challenging the Justices SA Bobde and SA National Conference (NC), a British MPs will now democracy to force through a clock to bring back normalcy protect and preserve He said out of 197 police presidential order abrogating Nazeer. The Attorney General prominent political party from return from their ongoing sum- no deal.” in the region. We are not in a identity, culture, heritage, soci- stations, there are no day time Article 370 of the Constitution. said whatever was being said by Jammu & Kashmir, filed a mer recess next Tuesday and He said when MPs return hurry to throw open shops. We ety, language and religion of restrictions across 166 police A Bench headed by Chief the court was sent before the petition on August 10, will conclude business by the to the Commons next Tuesday, are not putting pressure to Jammu & Kashmir. stations in the State. Nearly Justice Ranjan Gogoi did not United Nations (UN). As the contending that the changes following week, giving them “the first thing we’ll do is throw open business estab- “Our aim is to work on 3,000 primary and 1000 mid- agree with the Centre that counsel appearing for both brought in the status of the very little time to table any new attempt legislation to prevent dle schools have been reopened there was no need for issuing sides were involved in argu- State had taken away the legislative measures for debate.
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