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© 2006-2017 Kasturi & Sons Ltd. -UPSC [email protected] -+91815015301 follow us: saturday, december 2, 2017 Delhi City Edition thehindu.com 24 pages ț 10.00 facebook.com/thehindu twitter.com/the_hindu Printed at . Chennai . Coimbatore . Bengaluru . Hyderabad . Madurai . Noida . Visakhapatnam . Thiruvananthapuram . Kochi . Vijayawada . Mangaluru . Tiruchirapalli . Kolkata . Hubballi . Mohali . Malappuram . Mumbai . Tirupati . lucknow NEARBY FM seeks to allay depositors’ Nissan seeks $770 million in tax dispute with T.N. fears, hints at review of Bill Japanese carmaker sends legal notice to Prime Minister ‘The Financial Resolution and Deposit Insurance Bill could undergo corrections’ Reuters Anshu Prakash is Delhi’s New Delhi new Chief Secretary Special Correspondent with representatives from NEW DELHI Japanese automaker Nissan NEW DELHI the stock market and bank­ The Centre appointed senior Motor has begun interna­ Bank depositors’ fears about ing, insurance and pension IAS ocer Anshu Prakash as tional arbitration against In­ the new Chief Secretary in the safety of their savings — fund regulators. Lenders, dia to seek more than $770 the Delhi government on once the Centre enacts the which have to pay a premi­ million in a dispute over un­ Friday, according to an order proposed new law for resolv­ um to the DICGC for insuring paid state incentives, ac­ of the Ministry of Home ing nancial entities’ bank­ deposits of up to 1 lakh, cording to a person familiar Aairs. ruptcy — may be premature would have to pay a sum to with the matter and docu­ DELHI METRO Ī PAGE 1 as the legislation is still at the the Resolution Corporation ments reviewed by Reuters. DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD drafting stage and could see as per the proposed Bill. But In a legal notice sent to several ‘corrections’ before it is silent on the insured Prime Minister Narendra its passage, Finance and Cor­ amount. Modi last year, Nissan sought porate Aairs Minister Arun “The Corporation shall, in payment of incentives due Jaitley said on Friday. consultation with the appro­ from the Tamil Nadu govern­ Road block: The company says its requests to Tamil Nadu Expected to be tabled in priate regulator, specify the ment as part of a 2008 ocials for payment, due in 2015, were overlooked. Parliament’s winter session total amount payable by the agreement to set up a car that starts on December 15, Corporation with respect to manufacturing plant in the Nissan executives, said the ted to working with the go­ the Financial Resolution and any one depositor, as to his southern State. According to person familiar with the vernment of India toward a Deposit Insurance (FRDI) Bill so includes a ‘bail­in’ option tary committee can oer deposit insured under this the notice, Nissan said re­ matter. The Central ocials, resolution,” but did not elab­ Two teachers held for of 2017 proposes scrapping to resolve nancial entities’ drafting suggestions. The­ Act, in the same capacity and peated requests to State o­ from several Ministries, as­ orate. assaulting 4-year-old the Deposit Insurance and stress. A bail­in option entails reafter it will go back to the in the same right,” the draft cials for the payment, due in sured Nissan that the pay­ A senior Tamil Nadu o­ KOLKATA Credit Guarantee Corpora­ a bank issuing securities in Cabinet,” Mr. Jaitley said. Bill states, creating doubts 2015, were overlooked and ment would be made, and it cial said the government A four­year­old KG student at tion (DICGC) that guarantees lieu of the money deposited about the extent of deposits even a plea by the compa­ should not bring a legal case. hoped to resolve the dispute a reputed school in south repayment of all bank depo­ in its coers. Asked about the Will seek feedback that will be guaranteed as al­ ny’s chairman, Carlos without having to go to inter­ Kolkata has allegedly been sits up to 1,00,000 in case a implications of this clause, “The Cabinet will place the so whether depositors may Ghosn, to Mr. Modi in March Ultimatum given national arbitration. sexually assaulted by two stressed bank is liquidated. Mr. Jaitley said the drafting recommendations in the pu­ face varying degrees of hair­ last year seeking Central as­ But, in August, Nissan gave “There is no discrepancy teachers of the school. process of the Bill was still blic domain and ask for feed­ cuts or writedowns on their sistance did not yield any re­ India an ultimatum to ap­ with regard to the amount According to the child’s Ambiguity over savings under way and it could be re­ back. So I think a lot of cor­ savings at dierent stressed sults. point an arbitrator, the per­ due, and we are trying hard father, she was crying and There is ambiguity on how viewed as part of the regular rections will take place,” the entities. The notice, sent by Nis­ son said, adding the rst ar­ to resolve the issue,” the o­ complained of severe pain depositors’ savings will be drafting process for new le­ Minister said. Instead of the The Corporation will be gi­ san’s lawyers in July 2016, bitration hearing will be in cial said. after returning home from protected in stressed banks gislation. “The Bill still has to DICGC, the Bill envisages a ven a year’s time to resolve school on Thursday. Upon was followed by over a do­ mid­December. and other nancial entities go through the overall draft­ Resolution Corporation un­ problems facing rms in CONTINUED ON Ī PAGE 8 inquiring further, parents had zen meetings between Cen­ A Nissan spokesman said under the new law, which al­ ing process. The Parliamen­ der the Finance Ministry trouble. TWO DIMENSIONS Ī PAGE 8 lodged a police complaint. tral and State ocials and the company was “commit­ NATION Ī PAGE 5 DDDDDDDDDDDDDDDDDDDDDDDDDDDDDD #460490 SC to consider plea for Hospital declares twins national ban on crackers Heavy rain continues in Kerala, south T.N. NEW DELHI The SC on Friday took on dead, kin nd one alive board a bunch of applications High waves swamp large tracts of land, displace hundreds of families; 218 shermen rescued seeking a complete Hemani Bhandari boy and a girl, on November nationwide ban on the use, New Delhi T. Nandakumar centred 90 km north of Min­ highest number of ve ca­ 30 morning. manufacture, licensing, sale, Thiruvananthapuram resale or distribution of icoy and 220 km south­ sualties. In a shocking incident, pre­ The doctors allegedly de­ recrackers to combat Heavy rain continued to bat­ southeast of Amini island. As many as 218 shermen mature twins were allegedly clared the girl stillborn. pollution. ter coastal areas of Kerala Though the strong winds who had put out to sea dur­ declared dead by doctors of The boy was declared NATION Ī PAGE 5 and south Tamil Nadu on Fri­ unleashed by the cyclone ov­ ing the cyclone were rescued Max Hospital in Shalimar dead a couple of hours later. DDDDDDDDDDDDDDDDDDDDDDDDDDDDDD day, crippling normal life, er Kerala abated, the rain and brought to land, the Ker­ Bagh and handed over to The woman’s brother­in­ even as Cyclone Ockhi lay picked up in strength by Fri­ ala government claimed on their parents who realised law Deepak said that Var­ centered o the Lakshad­ day noon, leading to ood­ Friday night. that one of them was alive sha, who was six months weep islands. The death toll ing of low­lying areas. Kerala Fisheries Minister J. only when they were on pregnant, had complained in the two States in rain­relat­ High waves pounded the Mercykutty Amma said a Na­ their way to perform the last of stomach pain on Novem­ ed incidents rose to 11. entire Kerala coast, swamp­ vy ship had been deployed to rites. ber 28. The tropical cyclone deve­ ing large tracts of land and search for 22 shing vessels The police registered a She was taken to a nurs­ loped into a very severe displacing hundreds of fami­ spotted o the coast of case on Friday on the basis ing home in Nangloi where storm, even as it veered o lies. Kollam. of a complaint led by the the doctors said that her towards the Lakshadweep is­ The death toll in incidents (With P. Sudakar family. condition was critical. lands on a path predicted by related to the storm went up in Tirunelveli) The family said that their Wait continues: The relatives of shermen, who were weathermen. to seven, with Thiruvanan­ 20­year­old daughter­in­law DETAILS ON DELHI METRO DELHI METRO Ī 6 PAGES reported missing, in Thiruvananthapuram. * S. GOPAKUMAR By evening, the storm lay thapuram accounting for the CONTINUED ON Ī PAGE 8 Varsha gave birth to twins, a Ī PAGE 1 CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC Triple talaq Kerala plays matchmaker to smallest cow law: States’ Yogi cracks rst test as views sought Sets up a special reproduction centre to help grow Vechur cattle population BJP sweeps civic polls Sandeep Phukan Sam Paul A globules and saturated fatty New Delhi Alappuzha acids, which is said to make The Centre on Friday Attributes victory to PM Modi’s ‘development vision’ In an eort to conserve the it therapeutically useful in wrote to the States asking smallest cattle breed in the malabsorption syndrome. Omar Rashid for their views on a draft LUCKNOW world, Muhamma Dr. Sosamma Iype, law that imposes a maxi­ panchayat in Kerala’s retired Professor, Animal mum of three­year jail Uttar Pradesh CM Yogi Adi­ Alappuzha district will set Breeding and Genetics, at term on a Muslim man for tyanath on Friday cleared up a natural mating centre Kerala Agricultural giving instant triple talaq — his rst major test with y­ exclusively for Vechur cattle University, and a pioneer in or talaq e biddat — to his ing colours as the Bharatiya at Pathiramanal island.

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