GDP Growth Expected to Be Slower at 7.1% This Year

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GDP Growth Expected to Be Slower at 7.1% This Year Delhi saturday, january 7, 2017 www.thehindu.in ● Regd. DL(ND)-11/6110/2006-07-08 ● RNI No. TNENG/2012/49940 ● ISSN 0971 - 751X ● Vol. 7 ● No. 6 ● CITY EDITION ● 24 Pages ● Rs. 8.00 Printed at Chennai, Coimbatore, Bengaluru, Hyderabad, Madurai, Noida, Visakhapatnam, Thiruvananthapuram, Kochi, Vijayawada, Mangaluru, Tiruchirapalli, Kolkata, Hubballi, Mohali, Allahabad, Malappuram and Mumbai BRIEFLY SC stays transfer and sale Five dead in Florida GDP growth expected to airport shooting FORT LAUDERDALE: A lone of 2G spectrum by Maxis shooter opened fire at the Fort Lauderdale, Florida, Firm’s owner, three international airport on Friday, be slower at 7.1% this year killing five people and injuring others had not eight before he was taken into complied with CBI custody, officials said. The Note ban impact SC refuses urgent court summons airport has suspended to be factored operations.-AP hearing on budget KRISHNADAS RAJAGOPAL into Feb. 28 NEW DELHI: The Supreme NEW DELHI: The Supreme estimate report Court on Friday declined Court on Friday stayed all to grant urgent hearing for transfer and sale by Malay- SPECIAL CORRESPONDENT a petition to postpone the sia-based Maxis group of tabling of the Union companies of 2G spectrum, NEW DELHI: India’s gross do- Budget until after the originally allocated to Aircel mestic output is expected to Assembly elections in five in November 2006. grow at a slower pace of 7.1 States. A Bench told A three-judge Bench, per cent in 2016-17 compared advocate M.L. Sharma that headed by Chief Justice of to the 7.6 per cent clocked in it would hear his petition India J.S. Khehar, then gave Virat takes charge; Yuvi the previous year, Chief Stat- in due course but not makes comeback Maxis’s controlling owner, istician TCA Anant said on before. “There is no Ananda Krishnan Tat- Friday. urgency in it.” PAGE 10 MUMBAI: Virat Kohli was on paranandam, and three oth- of the accused, the Bench The Bench proposed that, But this doesn’t factor in Friday officially appointed ers a two-week deadline to proposed to pass a restraint in case the accused chose not the impact of the Centre’s de- captain for all three formats and appear in court. order against the accused to appear in court, no monet- cision to scrap high-value general… As a conscious ap- which is expected to grow will lead the Indian cricket team Besides Mr. Krishnan, the from earning revenue from ary claims for the loss of its currency notes on November proach, we do not use un- with a growth rate of 7.2 per 23.8 per cent in 2016-17 com- in the upcoming limited-over other three are M/s. Astro the use of their allocated 2G allotted 2G spectrum would 8. tried, unverified or unsub- cent in 2015-16. The agricul- pared with 2.2 per cent in series against England. Yuvraj All Asia Networks Limited, spectrum in case they did be entertained. stantiated methods to make ture sector saw significant 2015-16, part of which could Singh and Ashish Nehra, and M/s. Maxis Communica- not turn up in court within “It is imperative to ensure, Data from seven months adjustments to GDP.” growth with its GVA estim- be on account of rise in wage newcomer Rishabh Pant have tions, based at Berhad in the next fortnight. “We can- in our considered view, that Stressing that this estim- ated to grow 4.1 per cent in and salary payments, he ex- also been included in the teams Malaysia, and Augustus not tolerate a person using the process of law should not ate, which is in sync with the Two options 2016-17 up from 1.2 per cent in plained. As for the impact of for the ODI and T20 series. Ralph Marshall, a director in rare national resources like be permitted to be frustrated ½ Reserve Bank of India’s eco- “In the absence of data, the previous year. The ser- demonetisation on the next Maxis and Astro. All four spectrum and not honouring by non-serving of summons SPORTS PAGE 17 nomic growth forecast, is there are only two options: vice sector in aggregate is ex- growth estimate, Mr. Anant face charges in a case linked the court’s notice,” Chief on the accused,” the six-page largely based on data from you can stay with existing pected to grow 7.9 per cent in said: “I don’t think there is Elderly woman to the multi-crore 2G spec- Justice Khehar observed. order of the Bench the first seven months of the structures and forecast them 2016-17, slower than the 8.1 any method available that trum corruption scam, explained. brutalised year, Mr. Anant said out- or, as a lot of people have per cent seen in the previous would lead to a higher level which is under trial before a Directive to Ministry The court further asked GURUGRAM: An 80-year-old come-based numbers from done, make assumptions year. of confidence than what we Special CBI court in Delhi. The Bench asked the Min- the government to publish woman was found murdered at the September to December about what the structures Manufacturing, on the have done. People have lots These four were among istry of Communications to its order in two leading her house in Sonipat district on quarter would be captured in are. But those are not statist- other hand, is expected to of expectations but it is a safe eight named by the Central work out the modalities in newspapers of Malaysia so Wednesday, with a plastic the next growth projection to ical exercises so it is diicult witness a slowdown, with the practice to stay with Bureau of Investigation case the restraint order is en- that Maxis and others are of- bottle stuffed inside her private be released on February 28. to argue what the level of sector’s GVA to grow 7.4 per whatever is reflected in ac- (CBI) in its charge sheet filed forced, besides ensuring pro- ficially apprised of the man- parts. On growth forecasts by confidence in them would cent in 2016-17 down from 9.3 tual outcome-based data.” on August 29, 2014. They had visional arrangements for date. The Bench posted the ½ PAGE 3 analysts emphasising a neg- be,” he said. per cent in 2015-16. The pro- CITY ½ CONTINUED ON PAGE 12 not complied with repeated Aircel subscribers to get un- next hearing on February 3. ative impact of the note ban, The gross value added jection also factors in a huge summons from the CBI court interrupted services from METROPLUS MELANGE Mr. Anant said, “We don’t (GVA) is estimated to grow 7 jump in Government Final ½ RAILWAYS MAY GET 6% over the years. some other network ½ CONTINUED ON PAGE 12 4 Pages produce ad hoc estimates in per cent in 2016-17 compared Consumption Expenditure, INCREASE IN BUDGET | PAGE 16 To compel the appearance provider. ½ SIVA HAILS STAY | PAGE 15 Aadhaar must for EPF pension scheme Girl’s ears ‘cut of’ SOMESH JHA The subsidy, equivalent to number or undergo Aadhaar Metro Phase IV to connect peripheries 1.16 per cent of the employee’s authentication,” a Union La- for resisting NEW DELHI: The Centre has salary upto ₨6,500, paid by the bour and Employment Min- gang-rape STAFF REPORTER decision will “go a long way” km). When Phase IV is com- be given by the Union gov- made obtaining an Aadhaar Centre towards the EPS, will istry notification on January 4 in reducing congestion and pleted, the total length of the ernment. Once it is done, NEW DELHI: Soon, six new pollution in the city. “A big metro corridor will cross 450 work will start. The project number mandatory for 2.5 no longer be credited till the said. According to it, till a sub- MOHAMMAD ALI crore members of the Employ- Aadhaar number is shared scriber enrolls for Aadhaar, metro corridors will come up decision by Cabinet today km. will come up within six years ees’ Pension Scheme of 1995, with the authorities. the Centre will provide pen- in the city with the Delhi gov- [sic],” he tweeted. Seventy two new stations of initiation of construction ASARA (BAGHPAT): A teenaged ernment clearing the Metro’s The proposed six cor- will be built and the mega work,” Mr Sisodia said. one of the benefits available to “Members and pensioners sion subsidy under the girl in Baghpat has alleged Employees’ Provident Fund of the EPS desirous of con- scheme only after certain doc- Phase IV project on Friday. ridors are Rithala-Narela- project, costing over Rs As per the revised DPR, that four men of her village Measuring around 103 km, Bawana (21.73 km), Janakpuri 50,000 crore, will be borne the Tughlakabad line was to subscribers. tinuing to avail pension and uments are produced, includ- cut of her ears when she res- The Labour Ministry said in membership to the EPS by ing identity certificate issued these six new corridors will (West)-RK Ashram (28.92 equally by the state govern- stretch till Terminal 1 of the isted their attempt to rape connect the peripheries of km), Mukundpur-Maujpur ment and the Centre, Deputy airport, but the proposal a notification that those availing the Centre’s contribu- by the employer and a copy of her. She also claimed that the without an Aadhaar number tion and subsidy under the the request made for Aadhaar the city and make the airport (12.54 km), Inderlok-In- Chief Minister Manish Siso- cleared by the Cabinet says it police did not take any action more accessible.
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