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Prime Minister Narendra Modi spelt out the salient features of the action plan for startups

17th January, 2016 - SundayYear :02 Issue : 19 Pages:4 Price :Rs.1/-

News BriefState govt

tranfers 38 IPS officers

Sunvilla News | Ahmedabad

In a late night notifica-tion on Saturday, the state government an-nounced the transfer of 38 IPS officers across the state. Noteworthy among these are Shobha Bhutada, superintendent of police, Bharuch, who has been transferred to SRPF Jamnagar. She will be replaced by Himanshu Shukla, who was SP, Opera-tions-ATS. Those in the know of things claim the double murder case in Bharuch necessitat-ed this transfer. Shukla will be replaced by Ma-yursinh Chavda who has worked with him earlier.US, Iranian envoys eye end of sanctions

against Iran

Over 700 accident spots on NHs to

be fixed

Agency | Vienna

The end of Western sanctions against Iran loomed on Saturday as Iran’s foreign minister suggested the UN atom-ic agency is close to certifying that his coun-try has met all commit-ments under its land-mark nuclear deal with six world powers. Irani-an minister Mohammad Javad Zarif held a series of meetings with his Eu-ropean Union and US counterparts — includ-ing US secretary of state John Kerry — on imple-menting the accord.

Agency | Mumbai

Ministry of Road Transport and High-ways (MoRTH) will fix over 700 accident black spots on the National Highways (NH) and has asked people to bring to their notice more black spots or accident-prone sites all over India. “We have identified 726 black spots on NHs and will be rectifying them by spending Rs11,000 crore. These spots are accident prone and several incidents have taken place. Thus, the need to improve them,” said union minister Ni-tin Gadkari of MoRTH at an event on Road Safety Week 2016 on Wednesday.

PM Modi announces Rs 10,000 crore dedicated fund for start-ups“Startup India launch”

Agency | Mumbai

Prime Minister Narendra Modi will launch ‘Start-up India’ movement on Saturday at Vigyan Bhawan in New Delhi with an agenda to foster growth for entrepreneur-ship in India. The first session kick started Start-up India at 9:30 am with the topic ‘21st Century Calling: Why is innova-tion important for India?’

which was addressed by Finance Minster Arun Jaitley, Minister of State for Commerce and Industry Nirmala Sitharaman, Onno Ruhl, Country Director, World Bank and Krishnaswamy Vijay Raghavan, Sec-retary, Biotechnology. A unique Question and Answer (Q&A) ses-sion titled ‘Face-to-face with Policy-makers’ was also organized wherein

Secretaries of key gov-ernment Ministries and Departments answered questions on how gov-ernment will be creating an enabling ecosystem for Start-ups. The ob-jective was to reinforce commitment of the gov-ernment towards creating an ecosystem that will be conducive for growth of Start-ups. This session included various gov-ernment decision makers

Agency | Mumbai

As the Centre’s ambi-tious start-up mission got underway, Rahul Gandhi on Saturday trained his guns on the Narendra Modi government, say-ing there is a contra-diction in pushing for start-ups and being “in-tolerant”. The Congress Vice President also said that the RSS has a very “rigid vision” for India and that start ups require free movement of ideas. “The ruling dispensation, particularly the RSS, has a clear idea on what the world should look like. They have a vision for India which in my opin-ion is a very rigid vision. This country requires flexibility, openness and movement of ideas,” Gandhi said, during an interaction with man-

India Starts Up, Modi has a plan

Startups and intolerance can’t go together: Rahul Gandhi

agement students in sub-urban Vile Parle here. “There’s a huge contra-diction in saying I want start ups but I will be in-tolerant,” the Congress leader said. “You will fail on the economy and start up front if you are intol-erant,” he said. “Start ups require free movement of ideas. If I say you are a woman and your place is in the kitchen, I am curbing your freedom,” he said. He also charged that the BJP categoris-es people. “The BJP has

categories: There’s a Hindu for them, a Mus-lim for them, a woman for them. I don’t catego-rise. That’s the difference between us and them,” he said. Rahul asked stu-dents not to put labels on people, things and indus-tries. “Saying this is a Hindu, this is a Muslim, this is a woman…hides values,” he said, adding, “When Steve Jobs was asked what was the most important class you took, he said: Japanese callig-raphy”.

such as Hasmukh Adhia, Secretary, Revenue, V S Oberoi, Secretary HRD, Tapan Ray, Secretary Corp Affairs, Shaktikan-ta Das, Secretary, DEA, Ashutosh Sharma, Sec-retary, Science & Tech, K Shivaji Chairman & MD, SIDBI, J S Deepak, Secretary, Department of Electronics & IT, Anup K Pujari, Secretary,

MSME and Prashant Sa-ran, Member, Sebi. The topic of discussion in this session was how the gov-ernment will create an enabling system for start-ups. The sessions fol-lowing that was conduct-ed by various start-ups and experts from India as well as international speaking about the start-up environment in India

and the requirements to foster further growth. The last session was on ‘How to capitalise entre-preneurship’, which was moderated by Minister of State Finance, Jayant Sinha. The panel mem-bers included, Sreedhar Prasad, Partner KPMG, sachin Bansal, Found-er of Flipkart, Naveen Tewari, Founder of In-

Mobi, Radhika Agarwal, Founder of Shop Clues, Ritesh Agarwal, Found-er of OYO Rooms, BJ Arun, CEO of July Sys-tems. The launch event is aimed at celebrating the entrepreneurship spirit of country’s youth, and was attended by CEOs and founders of top start-ups from across the country and abroad. The Prime Minister is present at the exhibi-tion along with Com-merce Minister, Nirmala Sitharaman and Finance Minister Arun Jaitley to interact with start-up en-trepreneurs. He will re-lease the Start-up Action Plan, and address the gathering.

www.sunvillasamachar.com Ahmedabad2 / Dt. 17-01-2016, Sunday

- Kapilkumar M. HirparaEditor

Editors’ Picks

SuNdAy, JANuARy 17, 2016

QUOTE OF THE

DAYThe new crop insurance scheme may entail a cost that’s worth paying

The Narendra Modi government’s new Pradhan Mantri Fasal Bima Yojana (PMFBY) is worth com-mending for bringing crop insurance centrestage. Farmers, unlike most other economic agents, are ex-posed to production (weather) as well as price (mar-ket) risks. Given the extent of risk involved in grow-ing any crop — ranging from prolonged dry spells and pest attacks to price crash at the time of harvest-ing — no insurer would normally want to enter this segment. Even if they do, most farmers cannot afford to fork out the huge premiums based on actuarial or statistical risk assessment. There is a case, there-fore, for the government to subsidise crop insurance premiums that will ultimately also encourage farm-ers to invest in productivity improvements and new technologies. Such subsidy is any day preferable to those on fertiliser, electricity or water, which only promote inefficient resource use. The fact that even farmers in a country like the US pay just 35 per cent of the average premium on crop insurance policies — entailing annual federal subsidies of $10 billion — only proves the point. Under the PMFBY, farm-ers would pay only 2 per cent premium for all kharif crops, while it would be 1.5 per cent for rabi and 5 per cent for horticultural crops. The gap between the premiums they would pay and actuarial rates will be met by the government without any upward lim-it on this subsidy. From a farmer’s perspective, this represents significant improvement over the existing Modified National Agricultural Insurance Scheme. Under the latter, the government subsidised a maxi-mum of 75 per cent of the actuarial premium. More-over, the premium rate on which the sum insured was calculated was itself capped, so as to limit both the farmer’s claim and the government’s outgo. But now, there will be no such indirect capping of the sum insured. The question that naturally arises is, what would be the fiscal implications of the new scheme? The Modi government is planning to launch it from the coming kharif season, which, going by statistical probability, should be relatively better for agricul-ture, following two back-to-back monsoon failures. But in a drought year like the current one, the out-go from the PMFBY — assuming it is implemented in the manner proposed — may not be small. That price may still be worth paying for a country where only a fifth of farmers have crop insurance coverage. Subsidised premiums and prompt claims settlement enabled by remote sensing and GPS technology — as opposed to patwaris and crop-cutting experiments — should help substantially expand coverage.

“That an agitation is launched when an opponent is in the government, But with government of “our brother” (Narendra Modi) at the Centre, there is no need for VHP to start any movement or agitation”

- Vishva Hindu Parishad’s national working president Pravin Togadia Friday said......

Amitabh Bachchan’s granddaughter Navya Naveli Nanda enjoys beach holiday

Agency | Mumbai

Navya Naveli Nanda, the granddaughter of Amitabh Bachchan, is enjoying a beach holiday abroad. In a couple of pictures do-ing the rounds of social media, 18 year-old Na-vya Naveli Nanda is seen on the beach in a bikini. The picture seems to be a candid shot. The teenager is friends with SRK’s son

Agency | Mumbai

Actress Kangana Ranaut intends to write a book on her struggles in her life, which includes the peri-od before she came to the film industry as well as her stint in it. “The way I dealt with my failures has been very heavy and I would like to write a book about that, how success will never teach you anything” said Kangana at the launch of journalist Barkha Dutt’s book, “The Unquiet In-dia” here. “So I’ve been through struggle for 10 years, and I think that’s what shaped me up as a person today. I don’t know how much a success peo-ple see me as – that is very external aspect of one’s growth – but I think I’m a very successful person on a very personal level. And when you lose something or face failure, it’s about how you deal with it and not lose your self-respect

Agency | Mumbai

Actor Ranveer Singh, who bagged the Best Actor in a Leading Role Award at a recent award ceremony, says he felt honoured to have been nominated in the catego-ry with megastar Ami-tabh Bachchan. Ranveer walked off with the black statuette for his role in Sanjay Leela Bhansali directorial “Bajirao Mas-tani” wherein he portrays the role of Maratha war-rior Peshwa Bajirao I. Dedicating his award to

Agency | Mumbai

Sooraj Pancholi, who for-ayed into Bollywood with superstar Salman Khan’s production “Hero”, is elated about receiving the Filmfare Best Debut (Male) Award. He has thanked his fans for the “support”. “I thank all the people who have support-ed me! Each and everyone of you! I coudn’t have done this without you,” tweeted Sooraj after win-ning the award on Friday night. The event saw ac-tress Bhumi Pednekar bag the Best Debut (Female) for her film “Dum Laga Ke Haisha”. Ranveer Singh won the Best Actor Award for his role as 18th century Maratha Peshwa Bajirao I in “Bajirao Mastani”,

while Deepika Padukone grabbed the Best Actress Award for her role of a doting daughter in “Piku”. Kangana Ranaut won the Critics’ Choice Best Ac-tor (Female) Award for “Tanu Weds Manu Re-turns”, and megastar Am-itabh Bachchan won the Critics’ Choice Best Actor (Male) award for “Piku”. “Time is short…so Best Actor Critics’ at Filmfare for ‘Piku’…happy and content,” tweeted Ami-tabh. The Best Actor in a Supporting Role (Female) honour went to Priyanka Chopra for “Bajirao Mas-tani”, while Anil Kapoor took home the Best Ac-tor in a Supporting Role (Male) Award for “Dil Dhadakne Do”.

Agency | Chennai

Actor Jr NTR’s Telu-gu drama “Nannaku Prematho”, an emotional drama between a father and son, has grossed over Rs.30 crore worldwide in the first three days since its release. “Despite mixed reviews, the film managed to collect over

Rs.30 crore in the first three days worldwide. It is expected to gross over Rs.50 crore in the opening weekend,” trade analyst Trinath said. Directed by Sukumar, the film, which released on January 13, also stars Rakul Preet Singh, Rajendra Prasad and Jagapathi Babu in

important roles. The film is inching close to the $1 million mark in the US. “It has raked in over Rs.4 crore ($717,763) in just two days. It’s perform-ing extremely well and is running to packed hous-es,” Sanjay of CineGal-axy Inc, the overseas dis-tributor of the film said.

Ranveer Singh ‘honoured’ to compete with Big B for award

Kangana Ranaut wants to write book on her struggles

Jr NTR’s ‘Nannaku Prematho’ rakes in over Rs.30 crore in three days

Aryan Khan. While Aryan may make his Bollywood debut sometime in future,

it is not clear yet if Navya will choose films as a ca-reer option.

and self-worth,” she said. “Ten years of humiliation, rejection, embarrassment could’ve made me believe what the whole world thought about me – like if they thought about me as a loser, but I didn’t think of

myself as that or as what the world or my parents thought of me. That’s why I could do what I did in my life… Not just in In-dia but all over the world, winning and success in so overrated,” she added.

his family, the actor said: “It is an honour to be nom-inated alongside my idol Mr. Amitabh Bachchan.” He won the Best Actor (Male) Award in the crit-

ics category for his work in “Piku”, while Deepika Padukone, his co-actor in the film bagged the Best Actress in a Leading Role Award at the event.

Sooraj Pancholi wins Best debut Award, thanks fans for support

www.sunvillasamachar.com Ahmedabad3 / Dt. 17-01-2016, Sunday

SPORTS ROUNDUP

Syed Mushtaq Ali Trophy: Shreyas Iyer powers Mumbai to win

Ind vs Aus: Trailing 0-2, MS dhoni may make India chase in third ODI

Agency | London

Back-to-back one-day de-feats in Perth and Brisbane have forced India captain Mahendra Singh Dhoni to rethink his strategy of opting to bat first against Australia, who have tak-en a 2-0 lead in the five-match series by chasing down 300-plus targets. Dhoni won the toss in both matches and after India posted scores of 309 and 308 and watched as the hosts reeled them in with powerful displays at the crease. There was also a suggestion of a lack of discipline about India’s bowlers, who leaked 23 wides in the two matches. Ahead of Sunday’s third one-dayer, Dhoni won-dered if chasing a target was a better option for In-

Agency | Mumbai

Shreyas Iyer’s 51-ball 86 run blitzkrieg helped Mumbai sail past a tall Vidarbha total to notch up a five-wicket win in the Super League phase of the Syed Mushtaq Ali T20. Chasing Vidar-bha’s score of 181 for four, built mainly around opener Jignesh Sharma’s punishing knock of 56 off just 30 balls, Mumbai cantered home in 18.5 overs to register their second straight victory in as many days in the tour-nament, at the Wankhede Stadium. Brief scores: Vidarbha 181/4 in 20 overs (Jitesh Sharma 56, Akhil Wankhede not out 36, U Patel not out 31; S Trivedi 2 for 44) lost to Mumbai 182/5 in 18.5

overs (Shreyas Iyer 86, Aditya Tare 41; Ravi Thakur 2-32).

Delhi outplay Jharkhand

Delhi outplayed Jharkhand by five wick-ets for their first win in the Super League stage of the Syed Mushtaq Ali T20 Trophy, riding on Nitesh Rana’s unbeat-en half-century to pull things back after being precariously placed at one stage. Brief scores: Jharkhand 134-7 in 20 Overs (Virat Singh 45, Ishank Jaggi 42; Parvin-der Awana 3-28, Man-an Sharma 2-28) lost to Delhi 138-5 in 18 Overs (Nitish Rana 60*, Dhruv Shorey 30; Varun Aaron 3-27)

Agency | Mumbai

HE was of the swanky hairdo, the shiny stud sparkling from the left ear-lobe, the swag and even an accent buoyed by rubbing shoulders with the IPL’s who’s who. Re-cently, he also received the tag of being a member of the Indian squad. And on Friday at the Wank-hede Stadium, Baroda’s Hardik Pandya produced that awe-inspiring and jaw-dropping knock— of T20 proportions anyway — that will now become his trademark and will keep getting referred to

every time anyone wants to talk up his credentials with the bat in the short-est format. Pandya had smashed a breath-taking 81 not out in his previ-ous match — the league encounter against Delhi where he hit 34 runs in a single over — but here against Vidarbha, he not only produced the fire-works, the lanky right-hander also took his team home from a potential-ly dire situation, and he did so in style, scoring an unbeaten 46-ball 86 as Baroda won by seven wickets.

dia. “I feel even if we cut down the extras we will have to score more runs,” said Dhoni. “There are two options: either put pressure on the batsmen and score 330, or chase down the score, give them the batting first. We will have a look and decide what suits us the best.” While Rohit Sharma bur-nished his reputation in limited-overs cricket with a second successive cen-tury in Brisbane, skipper Dhoni said he was seek-

ing even more from his batsmen. “As a team we have to win, irrespective of which department is not doing well, and for that we have to score 20-30 more runs,” he added. “That will put a lot of pressure on the batsmen, because the moment you take your guard right from the first ball, on the back of your mind would be ‘we have to get 330-340 odd runs to be on the safer side’ and that would put a lot of pressure.”

In Mumbai, Hardik Pandya brings his A game

www.sunvillasamachar.com Ahmedabad4 / Dt. 17-01-2016, Sunday

Correspondent | Surat

National Green Tribu-nal(NGT) bench com-prising of Justice V.R. Kingaonkar (Judicial Member) and DR. Ajay A Deshpande (Expert Member) has ordered Adani-Hazira Port and Hazira Infrastructures PVT Ltd to deposit an amount of Rs. 25 Crore (Twenty-Five Crore) with the Collector, Surat, within four weeks, which shall be kept in Escrow Account till further direc-tions for utilization there-of, may be towards com-pensation and restoration to pay costs of Rs. 2 Lakh (Rs. Two Lakhs) each, to

Correspondent | Modhera

A two-day long Uttarardh Mahotsav which show-cases classical dances and music on the backdrop of over 1,000 years old Modhera sun temple in north Gujarat. This fes-tival is celebrated since 1992. Earlier it was a three-day long festival, but for last few years it has been converted into

Sunvilla News | Ahmedabad

Gujarat Chief Minister Anandiben Patel on Fri-day met BJP President Amit Shah in the back-drop of ongoing organi-sational elections in the state unit of the party and its poor showing in the just-concluded Pancha-yat polls. The meeting, at Shah’s residence here late this evening, took place at a time when Gu-jarat BJP is in the process of appointing district and city unit Presidents after

the party’s poor show in late last year’s Panchayat elections. Patel and Shah held parleys for almost 40 minutes, party sources said, adding Minister of State for Health and Ur-ban Development Shan-kar Chaudhary was also present. Shah landed here on January 13 for a three-day visit and is expected to leave for New Delhi tomorrow. BJP is in the process of selecting its new State President as the term of current chief R C Faldu has expired.

Sunvilla News | Ahmedabad

On a day when Prime Minister Narendra Modi unveiled a new start-up policy, Gujarat govern-ment said Saturday it will soon launch a brand new “fund” for support-ing startups in the state. “We have studied the funding issues connect-ed with start-ups very minutely and so we are proposing to come up a fund for start-ups with innovative ideas that are struggling for funding. We are still working on it. We are at advanced stages of discussion and probably it might come out in this (state) bud-get,” said Mamta Verma, Industries Commissioner, Government of Gujarat while speaking at session organised here by FICCI

Sunvilla News | Gandhinagar

In the first part of its ex-ercise to overhaul its state cadre, Gujarat BJP Friday changed its district leader-ship in all the units of Sau-rashtra where they had lost badly in the recently con-cluded local body polls. Notably, Patidar commu-nity has been given much prominence, with at least 13 of the 25 leaders be-longing to the community, which is considered to be the backbone of the Gu-jarat BJP’s vote bank. On Friday, the party declared the names for 25 district/

year : 02, Issue : 19 “Sunvilla Samachar” (English) daily Morning Newspaper Printed at “Sunvilla Samachar(daily) Printing Press”, Survey No.: 1624-25-26, Final Plot No.F/P/537, urmila Compound, Opp.Ambica Estate, G.d. School Road, Saijpur Bogha, Ahmedabad -382340 and Published at A-24, Shardha Apartment, Thakkarbapanagar Road, Bapunagar, Ahmedabad-382350. Mo.: 9687612324, by Owner, Printer, Publisher : Aksheshkumar S. Savaliya on date 17-01-2016 (Sunday), Editor : Kapilkumar M. Hirpara* (*Responsible for selection of News under the PRB act). RNI No. : GuJENG/2014/59629

Gujarat to announce new startup fund in state budget

In Saurashtra rejig, BJP favours Patidars as party chiefs

on “Start-up India, Stand-up India”. Addressing a number of entrepreneurs, funding agencies con-nected with start-ups in the state, the official said the state government’s new fund will function “more like a grant” with-out seeking any “equity” in the start-up venture. “This will very different from the venture funds and it is definitely in our pipeline,” Verma said adding that the new fund set up in association with GVFL (Gujarat Venture

Finance Ltd) seeks to fill the existing gap in fund-ing structure for start-ups. Talking about the state government’s new Indus-trial Policy 2015 where a “scheme for assistance for start-ups and innovation” came into force from Jan-uary 1, 2015, the official said Gujarat has provided Rs 10,000 as “sustenance allowance” for a period of one year for any innovator recommended by 11-odd nodal accelerators or incu-bators that are functional in the state.

city party chiefs from the Dangs, Navsari, Bha-ruch, Narmada, Chhota Udepur, the Panchmahals, Mahisagar, Anand, Gand-hinagar, Sabarkantha, Aravalli, Patan, Banas-kantha, Kutch, Jamnagar, Devbhoomi Dwarka, Ra-

jkot, Morbi, Gir Somnath, Porbandar, Bhavnagar, Botad and Surendranagar districts. In districts where the party suffered severe blows from the Congress in the local body elec-tions, the leadership has been changed.

a two-day festival. With special permission of Ar-chaeological Survey of

India(ASI), the temple is decorated with lights on this occasion.

Modhera Sun Temple uttarardh Festival today/tomorrow

Gujarat CM meets BJP chief Amit Shah

Gujarat Chief Minister Anandiben Patel will launch pulse polio drive at Gandhinagar on Sunday, January 17. As many as 85 lakh children in 0-5 age group will be given pulse polio dose through 1,58,000 health workers.

NGT orders action against Adani-Hazira Port and Hazira Infra PVT Ltd

the Appellants, as litiga-tion costs and bear their own costs among other things. The tribunal has also instructed the col-lector, to demolish the construction over 25 Ha and restore the land In case on non-compliance. Following a complaint filed by Hazira Machchi-maar Samiti before NGT it was revealed that the

document of environ-ment clearance granted to Hazira port in year 2013 was not valid. Con-struction work was start-ed by company without approval. As per a pact signed with the Gujarat Maritime Board in April – 2002, the company had to plant mangrove in 550 hectare land but planta-tion was not done.