LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Sunday, 22 February 2015

22 February 2015: Fin Min data leaks ahead of the budget

Ø  Former journalist Santanu Saikia, arrested for allegedly selling official documents to corporate houses, had worked with several media publications, including Business India , The Economic Times , The Indian Express and The Financial Express . As a reporter who specialised in the energy sector, he had a reputation for breaking several major stories, former colleagues said. This is not the first time he has had a brush with the law. The earlier occasion, too, involved the publication of a secret document. In 1999, the CBI filed a case against Mr. Saikia under the Official Secrets Act for publishing a secret Cabinet note on disinvestment. The case went on for 10 years before he was acquitted in 2009 after a trial court in Delhi ruled in his favour. The court ruled that the publication of a document merely labelled “secret” should not render the journalist liable for prosecution under the Act. The court said the publication of a disinvestment document was unlikely to affect the sovereignty and integrity of India or jeopardise friendly relations with foreign states. Mr. Saikia represented himself in the case and contended that an archaic Act framed to capture spies — the Official Secrets Act was framed in 1923 — was being used to harass a journalist. In an interview, he had spoken of the mental torture of appearing in court every month for 10 years for a legitimate story. In early 2000, Mr. Saikia decided to turn entrepreneur and started a website, indianpetro.com, to provide information on the oil and gas industry for subscribers. He soon followed this up with two other sites —indianfertilizer.com and energylineindia.com. By the middle of the decade, an industry analyst said indianpetro.com had become a fairly respected portal which often carried informative and insightful reports about the sector. A web profile of him says that he earned himself the sobriquet Mr. Petrol.
Ø  Santanu Saikia, a former journalist and now an energy consultant running a website, who has been arrested by the Delhi Police in connection with the Oil Ministry document theft case, said on Saturday that he was trying to uncover a Rs. 10,000-crore scam. His statement has come at a time when the police said the documents seized from corporate executives related to “national security” could attract provisions of the Official Secrets Act.
Ø  India and Russia have generally agreed upon the amount and division of work during the research and development (R&D) stage of the fifth generation fighter aircraft (FGFA) project. The work share of Hindustan Aeronautics Limited (HAL) has been a contentious issue as the project will have equal investment between India and Russia and is likely to cost over $30 billion for about 400 aircraft. India plans to induct 144 of them. But HAL’s share in the work has been limited to a meagre 13 per cent so far which will not build any critical technological gains. Both sides have been holding discussions to sort this out before the final agreement. FGFA is crucial for Indian Air Force’s evolving structure as was recently acknowledged by the air chief recently. The final announcement could come later this year with President Pranab Mukherjee visiting Moscow in June, and Prime Minister Narendra Modi expected to visit Russia twice.
Ø  Over half of India’s population is exposed to deadly air pollution and live in areas where fine particulate matter pollution is above the country’s standards for what is considered safe. Using a combination of ground-level in situ measurements and satellite-based remote sensing data, a new study by economists from three U.S. universities — Chicago, Harvard and Yale — has calculated that 660 million people live in areas that exceed the Indian National Ambient Air Quality Standard (NAAQS) for fine particulate matter (PM 2.5) pollution.

Ø  Pakistan may now be on the fast track to weaponising spent nuclear fuel through its plutonium reprocessing plant in Chashma in Punjab, according to recent satellite imagery, which indicates that all the ongoing construction around a tall building, suspected to be the reprocessing facility in question, has been completed. In its report, the Institute for Science and International Security (ISIS), a think tank here, said that while the operational status of this reprocessing plant was yet to be confirmed, “satellite imagery signatures suggest it may have recently become operational, [a development that] would significantly increase Pakistan’s plutonium separation capability and ability to make nuclear weapons.” Speaking to The Hindu one of the report’s authors, Serena Vergantini, said that ISIS had determined from open source information that there was a plan to build a reprocessing plant at Chashma several years ago although it was difficult to know which building was the reprocessing facility. However, in 2007, ISIS located a tall building in a site southwest of the Chashma Nuclear Power Complex, which incidentally hosts Chinese-supplied nuclear power reactors, where “a considerable amount of construction” had taken place between 2002 and 2005, including ponds nearby excavated, roads paved and a potential plutonium management building and waste facility built nearby. The latest satellite imagery obtained by ISIS through Digital Global indicates that all such construction work appears complete, which makes it most likely that the reprocessing facility is “close to complete,” and “possibly operational,” Ms. Vergantini noted. Last month, another ISIS report had hinted that Pakistan may have accelerated its covert nuclear weapons development programme and rendered operational a nuclear reactor structure located at its Khushab plant, some 120 km by road from the Chashma site. 

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