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8pm NEWSFEED

10, ఏప్రిల్ 2022, ఆదివారం

8pm NEWSFEED

Amid Failure To Capture Kyiv, Putin Appoints New Commander For Ukraine

Posted: 10 Apr 2022 02:28 AM PDT

Russian President Vladimir Putin appointed a new Army General Alexander Dvornikov, commander of Russia’s Southern Military District, to lead the war in Ukraine as Moscow’s military failed to capture Kyiv.

Dvornikov has been named theater commander of Russia’s military campaign in Ukraine. There is speculation that Russia’s general has a goal of representing Putin with some battlefield progress ahead of the ‘Victory Day’ on May 9, CNN reported on Sunday citing Military analysts and US officials familiar with intelligence assessments. May 9 ‘Victory Day’ is the most significant day in Russia as it marks the anniversary of the Soviet Union’s triumph over Germany in the Second World War.

The European official described the “Victory Day’ as a “self-imposed deadline,” and added that it could lead the Russians to make additional mistakes or potentially can lead Russian forces to commit more atrocities, as allegedly happened in the Bucha.

According to UK military intelligence update on Saturday, Russia’s departure from northern Ukraine shows evidence of non-combatants being disproportionately targeted.

United Kingdom’s Ministry of Defence says that the Russian troops were withdrawn from northern Ukraine, according to CNN reported on April 8.

Meanwhile, Ukraine’s Air Force gave information that 13 Russian aerial targets have been destroyed on Saturday, according to Ukraine’s local media outlet.

“Ukrainian airforce: 13 Russian aerial targets destroyed. Russia lost five UAVs, four missiles, three airplanes, and one helicopter on April 9, according to the Air Force Command of the Ukrainian Armed Forces,” The Kyiv independent tweeted.

A day earlier, UK Prime Minister Boris Johnson met with Ukrainian President Volodymyr Zelenskyy in Kyiv on Saturday.

Johnson said that he has traveled to Ukraine to meet President Zelenskyy in person and show solidarity with the Ukrainian people.

“Today I met my friend President @ZelenskyyUa in Kyiv as a show of our unwavering support for the people of Ukraine. We’re setting out a new package of financial & military aid which is a testament of our commitment to his country’s struggle against Russia’s barbaric campaign,” Johnson tweeted.

Terror Funding Case: J-K’s State Investigation Agency Raids 5 Places In Delhi, One In Haryana

Posted: 10 Apr 2022 12:10 AM PDT

The State Investigation Agency (SIA) of Jammu and Kashmir, on Sunday, carried out searches at multiple locations in the national capital, its neighbourhood Haryana as well as in Kashmir in connection with a terror funding case, said sources.

Separate teams of the SIA, which was constituted recently with a mandate to investigate cases connected with terrorism and secessionism, are conducting searches at five locations in Delhi; one in Haryana’s Faridabad and one in Anantnag district in Kashmir. According to the sources, the places raided by the SIA belong to suspected accused involved in terrorist activities and hawala or terror funding of terrorists.

The SIA is learnt to have conducted raids at these locations where they got a tipoff regarding Over Ground Workers (OGWs) of Jaish-e-Mohammad (JeM) and other terrorist outfit supporters.

The SIA raids followed a corroborative intelligence input against the movement of OGWs in the national capital.

In February 2022, the SIA arrested 10 OGWs of JeM during raids in South and Central Kashmir. The members of the module were organised into sub-modules in the form of verticals so that in the event of detection of one member, the bigger network does not get compromised.

The arrested members were mostly recruiting vulnerable school and college-going students as a few of them are students themselves. They were in close connection with the regular militants of the JeM outfit and had been under surveillance for quite some time.

PM Modi Lauds Central Schemes For Empowering Farmers

Posted: 10 Apr 2022 12:01 AM PDT

Ahead of the harvest season and the festival of Baisakhi, Prime Minister Narendra Modi on Sunday said that the “Pradhan Mantri Kisan Samman Nidhi” and other schemes are giving new strength to crores of farmers in the country.

PM Modi on Sunday in a tweet while sharing details of the benefits of different schemes of the Central government for the farmers said that empowered farmers are key for a prosperous nation. Taking to Twitter, PM Modi said, “The country is proud of our farmer brothers and sisters. New India will be more prosperous if the farmers in the country are further empowered. I am happy that Pradhan Mantri Kisan Samman Nidhi and other schemes related to agriculture are giving new strength to crores of farmers of the country.”

According to infographics shared by the Prime Minister with his tweet, 11.3 crore farmers have directly benefitted from the schemes, with Rs 1.82 lakh crore directly transferred into their accounts.

“Under PM Kisan Samman Nidhi, farmers received an annual help of Rs 6,000, and an amount of Rs 1.30 lakh crore was transferred during the COVID pandemic. The benefit reached especially to the small farmers,” the text on the picture read.

Announced by the Union Minister of Commerce and Industry Piyush Goyal during the 2019 Interim Union Budget of India in February 2019, the Pradhan Mantri Kisan Samman Nidhi is an initiative by the government of India in which all farmers will get up to Rs 6,000 per year as minimum income support.

Meanwhile, under the Agriculture Infrastructure Fund, as per the picture, a 1 lakh crore loan facility has been provided for the development of agriculture-related infrastructure. Approval of a loan of Rs 8,585 crore for 11,632 projects has been given.

Agriculture Infrastructure Fund provides a medium to long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest.

Further, PM Modi, in the picture, informed that 1.73 crore farmers registered on the e-NAM platform, which has clocked a business of Rs 1.87 lakh crore.
The National Agriculture Market (e-NAM) is an online trading platform for agricultural commodities in India.

The e-market facilitates farmers, traders and buyers with online trading in commodities and helps in better price discovery and provides facilities for smooth marketing of produce.

Baisakhi, the harvest festival, is celebrated to mark the beginning of the new spring. It also marks the Hindu new year.
The festival also marks the onset of the harvest season.

The harvest season is celebrated across India under different names — Gudi Padwa in Maharashtra, Ugadi in Karnataka and Andhra Pradesh, Baisakhi in Punjab, Navreh in Jammu and kashmir, Poila Boisakh in West Bengal, Bohag Bihu in Assam and Vishu in Kerala.

Sri Lanka Can Overcome Economic Crisis Provided Central Bank Allowed To Run Independently: Governor

Posted: 09 Apr 2022 11:54 PM PDT

Exuding confidence in overcoming the unprecedented economic crisis, the newly appointed Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe said that one of the ways to overcome the current crisis situation is to allow the Central Bank to function independently.

He further said that President Gotabaya Rajapaksa had given him the authority to run the bank independently and also asked him to expedite measures to get the country out of the crisis. Speaking at his first media briefing after assuming his duties on Friday evening, the new governor expressed confidence that he will be able to resolve the economic crisis of the country, the Colombo Page reported.

Weerasinghe said that his intention is to maintain the Central Bank as an independent institution that could make any decision without any political interferences. He further said that President Gotabaya Rajapaksa had given him the authority to run the bank independently and also asked him to expedite measures to get the country out of the crisis.

The new governor gave information about the changes in the policy interest rates and said that the Central bank has decided to increase the policy interest rate by 7 per cent. He further said that it is the first time in Sri Lanka that the interest rate had been raised at such a high rate.

“We want to give a firm signal. We are serious about what we are doing and wanted independence in what we are doing. And as a result, we took the necessary and sufficient actions today immediately to address the situation. With this situation I would expect some stability in the market confidence and the positive reaction from the market from Monday when markets open,” Weerasinghe was quoted as saying by Colombo Page.

Weerasinghe said he met with the bankers and gave them a clear message that he will be transparent in dealing with them. “We will be open, transparent and truthful, and also we need their full support,” he said.

“Things are challenging and we need to take decisive action. Things will get worse before they get better, but we need to apply the brakes to this vehicle before it crashes,” Weerasinghe added.

Meanwhile, Weerasinghe said he will be holding a virtual meeting with the IMF on April 11 and a Letter of Intent to the IMF is to be presented later, it will follow the technical process.

The meeting comes about a fortnight after the global lender released the Staff Report of the Article IV consultations held between IMF and Sri Lankan officials.

The IMF had made the recommendations in its staff report made for the global lender’s Executive Board following the conclusion of its Article IV consultations with Sri Lanka.

The IMF noted that the country faces mounting challenges, including public debt that has risen to unsustainable levels, low foreign currency reserves, and persistently large financing needs in the coming years.

The report recommended implementing a credible and coherent strategy to restore macroeconomic stability and debt sustainability while protecting vulnerable groups and reducing poverty through strengthened, well-targeted social safety nets.

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