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India-Bangladesh: Reopen Cross-Border Rail Lines After 56 years

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India-Bangladesh II News Aur Chai

On August 1, 2021, Indian Railways sent the first stone-filled freight train to Bangladesh from Damdim Station of the Northeast Frontier Railway, resuming activity on the Haldibari Chilahati route. The network between Bangladesh and India will improve due to the continuing rail course that snapped in 1965.

After the partition in 1947, seven rail joins were functional among India and then East Pakistan till 1965. The Haldibari-Chilahati rail interface is one of those courses. As indicated by the railway authorities, the main products train to convey stone chips left from Damdim station of Jalpaiguri area in West Bengal on Sunday morning.

It came to a halt at Chilahati station in the Nilphamari region in the early evening. Aside from the Haldibari-Chilahati rail connect, at present, there are four working rail routes between India and Bangladesh. The current operational rail routes are – Petrapole (India)- Benapole (Bangladesh), Gede (India)– Darshana (Bangladesh), Singhabad (India)- Rohanpur (Bangladesh) and Radhikapur (India)– Birol (Bangladesh).

This railway interface between Haldibari (India) and Chilahati (Bangladesh) was initiated by the Prime Ministers of India and Bangladesh during the PM level virtual summit on December 17, 2020. Things that can be transported from India to Bangladesh via this railway combining rocks and boulders, food grains, fresh fruits, chemical fertilizers, onions, chilli, garlic, ginger, fly ash, clay, limestone, wood, and lumber, etcetera. From Bangladesh to India, everything is allowed which exported.

“The commissioning of this rail interface will establish the India-Bangladesh rail connection and future trade. Likewise, the revamped rail network to key ports and dry docks will help boost neighbourhood trade and improve the monetary and social well-being of the space,” the high commission said.

The Government of India gave over ten-wide-measure diesel trains as an aid to help Bangladesh Railways. The virtual event was attended by External Affairs Minister Dr S Jaishankar and Railways Minister Piyush Goyal, and their Bangladeshi accomplices Md Nurul Islam Sujon and Dr A K Abdul Momen on July 27, 2020. Feni Bridge (Maitree Setu) interfacing LCS Sub room (Tripura) and LCS Ramgarh (Bangladesh) have been introduced on a virtual stage by both the Prime Ministers on March 09, 2021.

This will fundamentally further develop availability with Bangladesh. The preliminary attempt of the parcel of Indian merchandise from Kolkata to Agartala through Chattogram had led in July 2020, notwithstanding the pandemic. Bangladesh – India, the connection is presently supposed to be at its best.

The year 2021, regardless of the continuous COVID-19 pandemic, has been seeing a significant level of commitment at political and official levels. Prime Minister Modi paid a state visit to Bangladesh from March 26 – 27. He participated in the Golden Jubilee celebration of Independence of Bangladesh, the centenary of the birth of the founding father Benjabandu Sheikh Mujipur Rahman, and the 50th anniversary of the establishment of peaceful relations between India and Bangladesh. Both governments are trying different measures to rebuild the railway hub before 1965 and, another connection network existed between India and Bangladesh.

During the visit of PM Hasina to New Delhi in October 2019, the two governments chose to initiate Dhaka-Siliguri-Gangtok-Dhaka and Dhaka-Siliguri-Darjeeling-Dhaka transport administration to upgrade people to people contact between both the nations. The path run of Dhaka-Siliguri-Gangtok-Dhaka was likewise held in December 2019.

In May 2020, the second appendix of the Inland Waters Transit and Trade Protocol (PIWTT) approved two new routes in the India-Bangladesh Protocol (Sonamura Daudkandi on the Gomti waterway, and from Dhulia to Godagiri to Aricha in the current Padma), five new ports of call and two extended ports of call. Sonamura-Daudkandi Protocol Route had also operationalized in September 2020.

Haldibari-Chilahati Rail Link – Connectivity benefits: 

The Haldibari-Chilahati route will give travel association with Bangladesh from Assam and West Bengal in India. The rail network will connect the prime ports, dry ports, to help the development. It will boost the financial and social advancement of the area.

Businesses and everyday citizens of the two nations will want to receive the rewards of the two merchandise and traveller train administrations when all trains are anticipated procedure on the course. With the new rail route, individuals from Bangladesh can visit tourist destinations like Darjeeling, Sikkim, Dooars in India.

Also, the Karimganj and Mahisashan rail connection between Assam and Bangladesh is to be functional from 2022. The other rail connection between Akhaura (Bangladesh) and Agartala (India) will be operational by the end of the year.

An Ambivert, who has both creative and logical sides? Sounds good right? Jhanvi, that's Me! A media student and an aspiring Journalist who loves to write, read and travel, listening to music, a cinephile and prominently is herself at all times. In the Big World, I wish to do my part in the best way possible! I am a Public Speaker, Debater, Model United Nations Delegate, and Girl known to voice her opinions as a Leader. The Quote that I resonate with is, "Life is infinitely stranger than anything which the Mind of Man can Invent" - Sherlock Holmes. Always, Keep Learning!

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India

Ram Mandir Opening For “Darshan” In 2023

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Ram Mandir Opening 2023 | News Aur Chai

The Ram Mandir in Ayodhya is expected to allow visitors by December 2023, with the completion of construction only in 2025.

Sources in the Shri Ram Janmabhoomi Teerth Kshetra have revealed that the colossal project of building the Ram Mandir in Ayodhya, Uttar Pradesh, will be opening for devotees towards the end of 2023. In contrast, the project’s entire construction completion is expected towards the end of 2025. The sanctum sanctorum (Garbha Griha), along with the mandir’s first floor, will be ready by December 2023. Devotees will be allowed to visit the long-awaited mandir soon after the construction is completed.

An ANI report said, “The grand Ram Mandir being constructed in Ayodhya will be opened for devotees from December 2023. Sources told ANI that Garbhagriha, all five mandaps and the first floor will be ready by December 2023 and the mandir will be opened for devotees”.

The sanctum sanctorum will be as high as 161 feet and built using Rajasthani marble and stones. Engineers and architects are taking all measures to ensure the longevity of this enormous project. The second stage of construction is expected to begin in December this year. Currently, the structure is at a standstill as a result of monsoons. Another reason for the delay is the coronavirus pandemic that depleted the force with which the mandir’s construction was expected to go on.

The announcement of the mandir being opened to visitors in 2023 has brought up questions about the political agenda. It is believed that the Bharatiya Janata Party (BJP) aims to use the mandir to catapult themselves into a position of advantage during the 2024 Lok Sabha elections. Opening the mandir to devotees in December 2023 will give the BJP an easy 6-month gap to the general elections in 2024.

The opening of the long-awaited Ram Mandir in Ayodhya could be the factor that diverts the public, at least the Hindu’s in favour of BJP. Thus, securing them a vote bank based on religious sentiments upheld by the party in their previous tenure as the ruling party.

The Ram Janmabhoomi Mandir will be 360 feet long, 235 feet wide, and 20 feet high mandir will be completely ready by the end of 2025. The project will include amenities and structures like museums, archives, research centre, Sant Niwas, gau and Yagya shala, Etc. The main attraction is the Ram Mandir.

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Business

How SEBI’s New Margin Rule Is Affecting Retail Traders?

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SEBI Margin Rule | News Aur Chai

Securities and Exchange Board of India has introduced new margin rules for traders. Traders and Brokers are not happy with the new regulations because they will have to invest a large amount of cash in fulfilling margin requirements for trade.

SEBI had introduced the new margin rule in the year 2020 for intraday traders. It is being implemented in a phased manner. Traders were supposed to maintain 25 per cent of the peak margin in the first phase; the margin was raised by 50 per cent in the second phase. In the third phase, as per the new margin rule, intraday traders will have to pay a 100 per cent upfront margin. According to new norms, the margin requirements will be calculated four times during every trading session because the money margin must be greater than the need.

As per the new rule, brokers must collect margin from investors for any purchase or sale, and if they fail to do so, they will have to pay the penalty. Thus, brokers will not receive power of attorney. Brokers cannot use power of attorney for pledging anymore.

Those investors who want to make use of margin will have to create margin pledges separately. As per the new rule, investors will have to pay at least a 30 per cent margin upfront to avail a margin loan. Shares brought today cannot be sold tomorrow. Funds from shares sold today cannot be used for new trades on the same day.

The market experts said that there must be proper adjustments for implementing new rules, or it may create chaos, trouble and disturbance to the market participants. The CEO and founder of Zerodha broking firm, Nithin Kamath tweeted that, “the day when the new rules came into effect was the dreaded day for brokers, exchanges, intraday traders”.

Traders Are Not Happy:

Changes in rules have evoked strong reactions from traders because they will have to invest a large amount of cash in fulfilling margin requirements for trades as per new margin rules. Even the trading in futures and options will become more expensive. Traders are disappointed because they will have to pay up more money to bet in stock markets. As per new margin rules, Traders are also liable for the penalty if the rules are not followed during the trading session. If a trader wants to buy Nifty worth Rs 10 lakh, he will have to pay a 20 per cent margin of around 2 lakh. If the margin of the trader does not meet the need, he will be penalized. Traders will have to pay the minimum amount for opening the Multilateral Trading facility account, and they have to maintain a minor balance at all times.

Why Gas SEBI Introduced A New Margin Rule?

SEBI has introduced new rules to protect retail investors from purchasing difficulty. The intended goal of SEBI behind new margin rules is to bring down the difficult market situation and avoid huge fluctuation in stock markets during extreme stress. The new margin rules are likely to bring transparency to the market; it is expected to strengthen the market’s safety.

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World

Escalation Of COVID-19 Cases Across The Globe

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COVID Case Spike 2021 | News Aur Chai

The United States, India, and Brazil have the most confirmed cases, followed by France, Russia, the United Kingdom, and Turkey. There are very few locations that have remained undisturbed.

Since the middle of last year, confirmed cases have been increasing. Although the actual scope of the first outbreaks in 2020 is unknown because testing was not generally available at the time. The 100 million COVID-19 cases were discovered at the end of January, over a year after it was first diagnosed. As of 6:30 p.m. CEST on July 30, 2021, WHO has received reports of 196,553,009 confirmed cases of COVID-19, with 4,200,412 fatalities. A total of 3,839,816,037 vaccination doses has been delivered as of July 28, 2021.

After reaching a record high of over 0.9 million cases on April 28, 2021, new daily instances of the coronavirus continued to decline, reaching a low point on June 21, when over 0.3 million cases were reported. Since then yet, there has been a global increase in cases. On July 15, 0.53 million daily cases were reported, and over three million new cases were reported in the second week of the month. As of July 15, 188.9 million patients have been recorded worldwide. The transmissive Delta form accounting for most infections in 111 countries. Most instances were recorded in Brazil, India, Indonesia, the United Kingdom, and Colombia in the last week. With the steepest increases in Zimbabwe (72%), Indonesia (44%), the United States (38%), Bangladesh (35%), and the United Kingdom (30%). Many Asian nations, including Vietnam, Malaysia, South Korea, and Japan, have reported many daily cases. However, the spread was under control.

The number of new cases in Indonesia has been on the rise, with each day seeing a significant increase over the previous day. Indonesia is now the new Asian epicentre, with 56,757 cases recorded on July 15; India reported 39,000 patients on the same day. COVID-19 fatalities are high, according to WHO. After decreasing for nine weeks, with the highest increases in Africa and Southeast Asia. COVID-19 fatalities worldwide surpassed four million on July 7. The last million deaths occurred in under 90 days, the lowest time interval for every one million deaths ever recorded.

High vaccination coverage has been shown in the United States and much of Europe to lower fatalities and even hospitalizations. For example, United Kingdom rises in incidence. There has been fewer hospitalizations and deaths over 87% of the adult population, as they are vaccinated with one dose and over 67% with two doses. In the United States, the increase in cases is concentrated in states with low vaccination coverage, with unvaccinated people accounting for most deaths. Over 55% of Americans have received one dosage, and 48% are completely immunized. It shifts the focus back to improving vaccination coverage and achieving global vaccine equality to avoid fatalities and the spread of dangerous strains. Some nations debate a booster dosage. Even though many African countries’ healthcare professionals have not been completely vaccinated, booster injections have begun to be given to patients with weakened immune systems in Israel.

In comparison, booster shots have been ruled out in the United States for the time being. With vaccine shortages reported in many Indian states. Even among the vaccinated, rigorous adherence to COVID-appropriate behaviour is the only option to postpone and mitigate the consequences of a third wave.

This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. But the global numbers continue to grow. The Delta variety leads them to well-vaccinated regions such as Western Europe and the United States, low but rising infections. This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. Vaccine doses have been given to over 4 billion individuals globally (52 for every 100 people), yet the discrepancy is striking. More than 80% of the population had at least one shot in some wealthy nations. In contrast, the proportion is as low as 1% in many of the poorest.

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