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25% of Goans on the road
Question:Turning to Goa’s economy, about a quarter of the state’s population is dependent on mining, which was banned by the Supreme Court last year to stop illegal extraction. Have you been able to clean up the system?
Answer:I have started. We are recovering some money that was not paid, and we are filing court cases against the guilty. But the blanket mining ban is hurting us – the court may be right in its perspective, but why can’t it find a solution for so long? Judges like to say justice delayed is justice denied: and here I am with 25 percent of my revenues gone, 25 percent of my people almost on the roads, and the court is not hearing me. There is nothing more criminal than that.
-Chief Minister Manohar Parrikar of Goa said in an interview
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Weekend Mega Linkfest:Sept 06,2013
Some off beat reads for the weekend:
Interview with Bashar Al-Assad (Izvestia)
An evening with an alleged mind reader (Open)
Asad,Akbar,Anarchy (Tehelka)
Engineering Terror (IDR)
The death of opinion mandi TV (Newslaundry)
Can anything put India’s defence middlemen out of business? (Caravan)
What urban planners can learn from a Hindu religious festival (Smithsonian)
The world’s biggest mutual fund takes a 41 Billion $ hit (Businessweek)
Amongst Syria’s Islamist fighters (NewYorker)
Going bankrupt at 25 changed Tommy Hilfiger’s life for the better (Forbes)
Why Interning at 60 is the new retirement plan (Atlantic)
How does McDonalds India operate? (Rodinhoods)
On the newshour tonite (GreatBong)
The Vulture’s Victory (ProjectSyndicate)
Travelogue:Pondicherry and Mahabalipuram (TeamBHP)
Spoof:Nawaz Sharif to campaign for JD (U) in Bihar (UnrealTimes)
The strange story of Skype (Arstechnica)
How Taliban attacked the largest US airbase in Afghanistan (GQ)
The Sholay opening scene visited (JaiArjun)
Yesterday, the Bank Nifty went up by nearly 10%.Banks-both PSU and Private- were big winners with all bank stocks closing in the green.
Some private banks showed outstanding gains as can be seen from the table below:
| Symbol | Close on 4 Sept,2013 | Close on 5 Sept,2013 | Gain |
| LAKSHVILAS | 62 | 63.7 | 2.74% |
| KARURVYSYA | 300.45 | 310.05 | 3.20% |
| SOUTHBANK | 19.25 | 20.15 | 4.68% |
| DHANBANK | 30.05 | 31.5 | 4.83% |
| J&KBANK | 1051.2 | 1121.75 | 6.71% |
| DCB | 41.2 | 44.15 | 7.16% |
| KTKBANK | 79.75 | 85.75 | 7.52% |
| CUB | 38 | 40.9 | 7.63% |
| HDFCBANK | 564.05 | 609.5 | 8.06% |
| INDUSINDBK | 366.9 | 397.5 | 8.34% |
| KOTAKBANK | 608.5 | 662 | 8.79% |
| ICICIBANK | 817.75 | 893.7 | 9.29% |
| INGVYSYABK | 428.05 | 473.6 | 10.64% |
| FEDERALBNK | 244.15 | 274.55 | 12.45% |
| AXISBANK | 801.5 | 927.5 | 15.72% |
| YESBANK | 236.05 | 287.5 | 21.80% |
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Purshottam Express
Am reminded of my student days !!