Ø Indian and U.S. officials are expected to meet
in Delhi next week to discuss two proposals made by India to clear the nuclear logjam,
with an added push coming from U.S. President Obama’s impending visit on
January 24. It is learnt that the proposals were put forward during the first
contact group meeting on civil nuclear issues held on December 16-17 that had
been tasked by President Obama and Prime Minister Modi with finding a way
around U.S. objections to India’s supplier liability law. According to one
official present at the meeting, India put up a revised proposal of an “insurance pool” using General
Insurance Company (GIC) to alleviate the risk to U.S. suppliers. An earlier
proposal had been made during the UPA government’s tenure in March 2014, but
had been rejected. Officials say the new offer would include a pool of GIC, New
India Assurance, Oriental Insurance, National Insurance and United India, that
would generate a risk cover of about $242 million. A second proposal, that US
officials have taken back to discuss with lawyers and representatives of
American companies GE-Hitachi and Westinghouse, would entail a “clarification
of Section 46” of the law that has been described as “vague” . At present, Section 46 says
that nothing in the law will “exempt the operator from any proceeding which
might, apart from the act, be instituted against the operator.” This has been
read to mean that U.S. suppliers could face tort claims, that is, be sued by
victims of an accident where the nuclear parts are deemed faulty. U.S.
officials will bring both proposals back to Delhi next week.
Ø Interception by the Coast Guard of a suspicious
Pakistani fishing boat which blew itself up in the Arabian Sea, showed that
India’s coastal surveillance system, put in place in the wake of 26/11 Mumbai
terror attacks, was working well, security analysts said. Though the sea
route which the boat took definitely indicated a 26/11
type of clandestine operation, security
experts said it would be too early to come to any conclusion. Something
can be said with certainty only after image and forensic analysis of the nature
of explosives and what kind of weapons the crew was armed with. However,
Commodore Uday Bhaskar who heads the Society for Policy Studies (SPS) said the
Coast Guard acted on “actionable intelligence’’ and the pre-emptive action
showed the credibility and competence of the coastal surveillance grid that had
come up after the November 2008 terror attack in Mumbai. Normally, six
weeks before the U.S. President visits any place, American agencies get active
in sanitising spaces. It would be interesting to know if any chatter was picked
up by the U.S. agencies. Terming the incident as the most serious one
after 26/11, S. K. Sharma of the Institute of Defence and Security Analyses
(IDSA) said the presence of explosives and armed crew indicated that their
“mission’’ was to target “sensitive installations’’ in the coastal cities of
the country. Incidentally, Navy Chief Admiral R.K. Dhowan had in December
warned of “rising threat’’ through the sea route.
Ø Kiran
B. Vadodaria of Sambhaav Metro was elected president of Indian Newspaper
Society (INS) for 2014-15 at its 75th annual general meeting.
Ø Approval for the India-based Neutrino Observatory (INO) Project in Theni, Tamil Nadu, is likely to be
announced soon. The INO is a Rs 1,600-crore science project conceived
nearly 15 years ago and can put India on the world map in the field of neutrino
physics. It will house a massive iron detector which will be placed more than a
kilometre below the surface of the earth. With a weight of nearly 50,000
tonnes, it will be the largest particle detector in the world, by present
standards. Scientists from nearly 25 institutions across India are involved in
this project, and it promises to engage engineers and the industry as the
massive detector and tunnel would be built up indigenously, the source said.
In fact, setting up this observatory would mean a revival of a lost opportunity
for India because in 1965 pioneering Indian scientists at the Kolar Gold Field
(KGF) observatory were among the first in the world to discover traces of the
atmospheric neutrinos. With the closure of KGF mines in the mid-1990s,
experimental research on neutrinos came to an end in India.
Ø China has taken a firm step to extend the Silk Road Economic Belt to South Asia, by working out a blueprint of connecting
Nepal with the Eurasian transport corridor. Nepal formally signed a
four-point document endorsing the Silk Road Economic Belt — a pet project of
President Xi Jinping for connecting Asia with Europe along a land corridor,
with China as its hub. The agreement was signed during a meeting in Beijing of the
Nepal-China Inter-governmental Business and Investment Coordination. Analysts
point out that Nepal has joined a project that China has marshalled along with
Russia as its core partner, to counter the Washington-led “Asia Pivot”
doctrine, which has the containment of a rising China at its heart. Under
the new Silk Route blueprint, the Chinese want to open up the transportation
channel from the Pacific to the Baltic Sea, from which would radiate rail and
road routes, which would also connect with East Asia, West Asia, and South Asia.
China wants to connect with Nepal and South Asia through an extension of the
Qinghai-Tibet railway. The rail line from Lhasa has already been
extended to Shigatse, Tibet’s second largest city, 253 km away. The Chinese plan
to build two lines from Shigatse. One would lead to Kerung, the nearest Chinese
town from Nepal, from where it would be extended to Rasuwagadhi in Nepal. The
other line would head to Yadong on the India-Bhutan border.
Ø China’s Three Gorges dam has broken the world
record for annual hydroelectric power production, more than a decade after it
became the world’s largest power plant. The Yangtze river power station
generated 98.8 billion kilowatt-hours of electricity in 2014, the Three Gorges Dam Corporation said in a statement, topping the 2013
production from the Brazilian-Paraguayan Itaipu dam. The amount of electricity
generated by the Three Gorges plant is roughly equivalent to burning 49 million
tonnes of coal, said Thursday’s statement, thereby preventing 100 million
tonnes of carbon dioxide emissions. But Concerns have been raised about its
environmental and human cost of the huge project. Campaign groups say it
has damaged biodiversity, threatening the critically endangered Yangtze river
dolphin.

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