Man Utd v Fulham in pictures

first_imgSee also:United hit back after Duff’s early openerFollow West London Sport on TwitterFind us on Facebook A selection of images from Manchester United’s victory at Old Trafford, where Sir Alex Ferguson’s men came back to win 3-2 after Fulham took an early lead. (Click on an image to begin slideshow)last_img

Darwin Report Card, continued: How Useful Is Evolutionary Theory?

first_imgDarwinism is useful in one demonstrable way: it keeps thousands of biologists employed in the business of evidence-free storytelling.Continuing the previous entry, we look at actual scientific research to see if Darwin’s idea about life improving through mutations and natural selection leads to scientific understanding of nature. To evaluate the theory honestly, we have to exclude theory rescue devices, such as ‘convergent evolution’ or ‘evo-devo’ or ‘warp-speed evolution’ which merely coin phrases to escape troubling evidence. How often do Darwinians find actual, incontrovertible evidence that mutations and natural selection lead to new complex features? How often does Darwinism exclude all other explanations for observed traits? Is biological science better off since the Darwinians took over and expelled all their critics?Darwin was wrong: evolution moves at warp speed. Look at what Nature News just said: “How warp-speed evolution is transforming ecology: Darwin thought evolution was too slow to change the environment on observable timescales. Ecologists are discovering that he was wrong.” This shock headline deserves some elaboration, because surely Nature is not about to give up on Darwin and cede biological science to creationism. What do they mean? Rachel Lallensack begins with an example of stick insects. Do green ones and striped ones confirm ‘warp-speed evolution’ by mutation and natural selection? Does the evidence go beyond mere variation in color, which creationists would not dispute? The scientists put striped stick insects on plants where they didn’t blend in, and ditto for green ones. They found that birds, finding these glaring out-of-place insects, flocked to the bushes and picked them off, then stuck around and cleaned the bushes of other unlucky insects caught in the crossfire. It’s a bit like parking a Mercedes in a crime-ridden neighborhood; which car is likely to be stolen or vandalized? Interesting result, to be sure, but what to make of it? Did anything actually evolve?The article proceeds to argue that evolution can happen quickly (especially when biologists interfere, as in this case). But the evolution illustrated is “in reverse,” they say. It’s really about population dynamics, when creatures wind up outside their normal habitat. Put a dairy cow in the Serengetic and watch what happens. Is that “evolution”? Has Darwinism been confirmed in cases of a “force for local extinction”? Do these observations justify the claim that “ecologists must take evolution into consideration”? All the field evidence cited deals with which existing animals with existing traits survive in altered conditions. Nowhere does the reader find anything about the origin of a new species or complex trait. Given this notion of evolution, we would have to conclude that Yazidis underwent ‘warp-speed evolution’ when ISIS drove them out of their homes into refugee camps and killed many others.Horse evolution revisited. Just when you thought horse evolution was an established icon of evolution, Science Daily poses a ‘revolutionary theory on horse evolution‘. Time to rewrite the textbooks again? A researcher at New York Institute of Technology claims to have found evidence that modern horses’ hooves still have remnants of their ancestors’ five toes; “they believe that all five digits have merged to form the compacted forelimbs with hooves that we know today.” As evidence, they find a “greater number of arteries and nerves than would be expected in a single digit.” They also cite hoofprints from Laetoli, Africa from the 3-toed Mesohippus, an extinct equine, suggesting evolution was proceeding from five toes to one over time. This seems odd as an example of evolution. One can always invent a just-so story, such as theirs: “As horses evolved to live on open grassland their anatomy required a more compact design to enable movement across the hard plains.” But if that were a law of nature, all the other animals on the hard plains would be one-toed, including early humans. Imagine that. Even if humans had ‘evolved’ to lose their toes, would that confirm Darwinism? Actually, a horse’s legs show incredible design, with pogo-stick-like tendons and muscles with dampers to reduce shock. How did those traits evolve? By focusing on changes in toe numbers, are evolutionists distracting attention from far more interesting questions?The evolution of the scenario: Darwin speaks with forked tongue. The University of Helsinki puts its headline in big, bold type: “The ori­gin of snakes – new evol­u­tion­ary scen­ario presen­ted.” Whenever a salesman announces something as new and improved, it implies the old product was not so hot. OK, so what do these researchers have in mind? Do the Finnish finish the job? “The early evolution of snakes happened from surface-terrestrial to burrowing in the lizard-snake transition suggests a research group at the University of Helsinki,” the press release begins. “The group’s new findings redirect the debate on evolution towards a new underexplored evolutionary scenario. Thus, the study adds another dimension to the investigation of snake origins.” At first glance, the ‘scenario’ (fancy word for just-so story) looks Lamarckian: once upon a time, a snake burrowed into the ground, and all its children lost their limbs. At second glance, we wonder why rodents and other burrowing animals didn’t read the script of this scenario. The only evidence presented is about skull shape, which seems to have little to do with burrowing. We read in the article that “snake evolution and diversification was not a straightforward process but rather an interplay between natural selection and developmental processes.” This seems to force Darwin to share the award stage, but leads to a follow-up question of how creative ‘developmental processes’ can be outside of natural selection. Adding one blind process to another doesn’t seem particularly helpful. And for anyone who thinks Darwinism has led to understanding about snake evolution since 1859, we also read that “Three major competing hypotheses for the habitat of early snakes – burrowing i.e. worm-like, aquatic, or terrestrial – have been debated for more than a century by biologists and palaeontologists” (italics theirs).Too much fitness. Dinosaurs were too successful for their own good, say evolutionists from the University of Reading on The authors of this scenario must believe in ‘extinction of the fittest.’ According to them, “The inability of the dinosaurs to adapt rapidly enough as the Earth became full may explain why they were in decline prior to the asteroid strike, and why they were so susceptible to almost total extinction when it hit.” Does this make any sense? The storytellers had just told us that dinosaurs had diversified extensively, so as to fill every niche. Now they’re saying they couldn’t diversify because they filled the earth. But the earth is a very big place. Surely some of them could have survived, but not a single species remains. Butterflies and butterworts did just fine.On the origin of termites by negative natural selection. Evolutionists from the University of North Carolina pretend to tell how termites evolved from cockroaches ( First, they establish their turf by asserting evolution with gusto: They [termites] evolved. Ants and wasps evolved. Termites evolved a broad range of immune mechanisms. Cockroaches have evolved many mechanisms to resist the broad array of offensive chemicals they encounter in their environment, including insecticides. Sufficiently indoctrinated via repetition, the unwary reader is unprepared for the only empirical evidence offered: specialization of diverse chemosensory genes in cockroaches for the social habitats of termites. It’s another story of evolution by subtraction masquerading as scientific explanation: “The far more specialized but evolutionarily related termite experienced considerable losses of smell and taste genes, commensurate with the more specialized chemistry of its ecological habitat.” Just as a blind cave fish can survive in its specialized environment, a termite with fewer tools can do quite well in its colony, compared to its better equipped relative, la cucuracha.  “The German cockroach now holds the world record for the diversity of its chemosensory gene repertoire.” If a decathlete decides to compete in the pentathlon, has he evolved?Evo-Devo or evil devil? Another case of adding ‘developmental processes’ to the scenario of evolution is found in Current Biology, which writes about “Evo–Devo: The Double Identity of Insect Wings.” The subtitle could be confused with Grimm’s Fairy Tales: “Sometime [i.e., once upon a time] in the Devonian, perhaps about 400 million years ago, insects became the first clade to conquer the sky. Recent evo-devo studies have begun to unravel the mysterious origin of the flight structure that made insects into extraordinary six-legged fliers.” Inquiring minds want to know: did they “conquer the sky” by intelligent design? If not, does adding one blind process (evo-devo) to another (classical natural selection) open the eyes of science to understanding? Have the storytellers listed all the requirements for a heavier-than-air animal to conquer the sky, overcoming gravity with powered flight? Current Biology readily admits that insects are “extraordinary six-legged fliers,” but the origin of any flight is “mysterious” only when it is attributed to blind, unguided processes. It’s not so mysterious when intelligent minds bring it about, like the designers at Boeing or Lockheed.Compounding the problems. If the evolutionary origin of flight once is miraculous enough, how about twice? PNAS shamelessly writes about “Dual evolutionary origin of insect wings” as if this is not a problem for Darwinism. The authors admit that the origin of flight is a profound challenge: “The origin of insect wings is still a highly debated mystery in biology, despite the importance of this evolutionary innovation.” Using evolution-assuming words like ‘acquisition’ and ’emergence’ does not seem particularly convincing for those of us hunting for evidence of understanding on the question. For someone not already assuming Darwinism, how much understanding is evident in the Abstract?Acquisition of morphologically novel structures can facilitate successful radiation during evolution. The emergence of wings in hexapods represents a profound moment in eukaryotic evolution, making insects one of the most successful groups. However, the tissue that gave rise to this novel and evolutionarily crucial structure, and the mechanism that facilitated its evolution, are still under intense debate. By studying various wing-related tissues in beetles, we demonstrated that two distinct lineages of wing-related tissues are present even outside the appendage-bearing segments. This outcome supports a dual evolutionary origin of insect wings, and shows that novelty can emerge through two previously unassociated tissues collaborating to form a new structure.As stated, “wing-related tissues” represent only a piece of the puzzle. Wings are useless unless attached to muscles that are controlled by nerves responding to a program in the brain. Not only that, the entire body plan of the animal needs adjusting to life on the wing. But even giving these Darwinians the time of day, they should realize that similar wing-related tissues in two lineages does not provide sufficient evidence to attribute wings to Darwinian evolution. We see similar materials used in unrelated man-made inventions. Why must the reader accept the presumption that Darwin did it?Convergence is a word, not an explanation. We’ve seen Darwinians many times misleading the public with the word ‘convergence’ when similar traits appear in unrelated organisms. According to Darwin’s tree, similarities should only appear on the same branches, but often, similarities appear on different branches. How does that happen? Convergence is a word, not an explanation. It assumes the similar traits both evolved by Darwinian processes, when actually, neither one has been demonstrated. Here’s a recent example from Science Daily: “Convergent evolution of gene regulation in humans and mice.” The opening paragraph is simply an assertion, not a demonstration:Organisms that aren’t closely related may evolve similar traits as they adapt to similar challenges. It’s called convergent evolution, and familiar examples include the wings of birds, bats, and insects, and echolocation in bats and dolphins. Now, molecular biologists have found evidence of convergent evolution in an important mechanism of gene regulation in humans and mice.What is the evidence in this case? Evolutionists “described a complex system that regulates the same genes in the same way in both species, yet evolved independently in the two lineages.” None of the details presented have anything to do with mutation and selection. Those words don’t even appear in the article. Instead, the authors simply assume that the similarities evolved, even though “In the case of human and mouse, their lineages diverged about 90 million years ago.”Outing the endosymbiont theory. For decades, evolutionists have told us that a prokaryote merged with a free-living mitochondrion and became a eukaryote. Yet PNAS still admits that “The origin of mitochondria is a challenging and intensely debated issue.” So how did it happen? They don’t know that, either: “It is unknown whether mitochondria were acquired early or late, and whether it was captured via phagocytosis or syntrophic integration.” So many things would have had to change for this to work, it baffles the ability of Darwin’s theory to account for it. It should also be noted that the story is inherently Lamarckian (inheritance of acquired characteristics). The latest spin in this paper uses the analogy of farming: the host farmed out some of its metabolic work to the new tenants, “like humans farm pigs.” Well, then, did the hosts do this by intelligent design? Analogies can be useful for teaching, but can be misleading in scientific explanation. We expect better from scientists.Mixing unlike processes. Another PNAS paper tries to apply Darwinian theory to very different things: biological inheritance and learning. In “Evolution of vertical and oblique transmission under fluctuating selection,” they apply Darwinism where it doesn’t belong: “The evolution and maintenance of social learning, in competition with individual learning, under fluctuating selection have been well-studied in the theory of cultural evolution,” they say. But when teachers teach, are students ‘evolving’? When a caveman shows his son how to make a flintstone axe, is the son evolving? It sounds ridiculous, and it is: it completely ignores the role of intelligence as a cause, as opposed to genetic mutations and blind natural selection. This should be obvious, but the authors point to previous literature as a bandwagon argument to validate their foray into “cultural evolution” as if it is another dimension of biological evolution. Even so, they have to introduce a new concept of “fluctuating selection” to explain the differences. CEH has long argued that natural selection reduces to the Stuff Happens Law. Now, we learn that Stuff Happens at different rates. How that improves scientific understanding is left as an exercise.Evolutionary explanations are deductions, not findings of science. “It evolved, therefore.” Better yet, “Stuff happens, therefore.” We’re sure you understand biology better now. Aren’t you glad you have the accumulated wisdom of 158 years of Charlie D’s Authentic Stuff Happens Snake Oil to shed light on the living world? My, what would we do without the Darwinians to heal all of our intellectual maladies? It’s so relaxing not to have to think any more. Stuff Happens; that’s all you need to know.(Visited 441 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Most of the U.S. rented farmland is owned by non-farmers

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Agricultural producers rented and farmed 353.8 million acres of farmland, according to the results of the 2014 Tenure, Ownership, and Transition of Agricultural Land (TOTAL) survey results released by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). Of these acres, 80% are owned by non-farming landlords.According to the survey results, rented farmland acres, combined with buildings on this land, are valued at more than $1.1 trillion. TOTAL counted approximately 2.1 million landlords with various ownership arrangements. In 2014, all of the landlords combined received $31.2 billion in rental income while incurring $9.2 billion in total expenses.A tenth of the 911 million U.S. farmland acres outside of Alaska and Hawaii, or about 91.5 million acres, is slated for ownership transfer in the next five years, not including farmland that is in or is expected to be put into wills. Landlords expect to keep or put nearly 48% of these acres in trusts. Only 21 million acres of land are expected to be sold to a non-relative, while 26 million acres are expected to be sold to a relative or given as a gift. This means that only a small percentage of farmland will be available for new entrants into the farming sector.“Farmland has always been a valuable resource, but what we see in the most recent TOTAL results is the emergence of farmland as a future investment,” said Joseph T. Reilly, NASS Administrator. “More families are creating trust ownerships to make sure land remains in their family for farming or as an investment.”In addition to looking at farmland, TOTAL also provides a glimpse into demographic information for 1.4 million non-farming individuals and principals in partnerships arrangements, also known as principal landlords. According to the findings, the average age of these landlords is 66.5 years old. This age exceeds that of the average farmer, who is 58.3 years old, according to the most recent Census of Agriculture. Only 18% of all principal landlords were under 55 years old. Nearly 45% of all of the principal landlords have never farmed.TOTAL, which NASS conducted in cooperation with USDA’s Economic Research Service (ERS), surveyed farmland ownership in 48 contiguous states. It is the only NASS survey that collects agricultural landlord data. The survey is expected to greatly contribute to research and policy analysis. Farmland ownership and decisions stemming from ownership arrangements are key issues for which ERS serves as a primary source of information.“Access to land is one of the biggest challenges facing agricultural producers, particularly beginning farmers,” said Mary Bohman, ERS Administrator. “TOTAL gives us a chance to demonstrate the extent of the land access issue and provide realistic projections of future land availability for purchase or for rent.”To access the complete 2014 TOTAL results, in addition to key data highlights, methodology, and Frequently Asked Questions, visit or the Quick Stats database at read more

Jimmie Johnson’s title reign ends with wreck in Phoenix

first_imgStronger peso trims PH debt value to P7.9 trillion Brace for potentially devastating typhoon approaching PH – NDRRMC Don’t miss out on the latest news and information. Read Next Jazz center Rudy Gobert out 4 weeks with leg injury QC cops nab robbery gang leader, cohort Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LATEST STORIES Johnson came to Phoenix last among the eight title contenders, 51 points out of mathematically qualifying. Martin Truex Jr, Kyle Busch and Kevin Harvick already locked into next weekend’s championship finale next weekend at Homestead-Miami Speedway, leaving Johnson among five drivers fighting for one spot.A four-time winner at Phoenix, Johnson started 12th and earned a point by finishing eighth in the first stage. He was running 11th when his right front tired blew right before the caution at the end of the race’s second stage.Johnson drove the car straight to the garage, his day and championship hopes over.“I didn’t know it was coming,” Johnson said. “Clearly just got the brakes too hot and popped that tire with like a lap to go or two laps to go before the stage was up. We weren’t leading, we were having a decent day, but we were going to need a great day today. I wish we were still out on track to still have a shot for it.”Now Johnson is left with trying to win at Homestead next week and spend the offseason trying to figure out what went wrong during his title defense.ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PHcenter_img CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Japan ex-PM Nakasone who boosted ties with US dies at 101 Chase Elliott, left, and Jimmie Johnson talk inside the garage area before practice for the NASCAR Cup Series auto race at Phoenix International Raceway, Friday, Nov. 10, 2017, in Avondale, Ariz. Both drivers are looking to fill the final spot for the Championship 4. (AP Photo/Ralph Freso)AVONDALE, Ariz. — Jimmie Johnson’s bid for a record eighth NASCAR championship is over.Needing a win at Phoenix to make the final four in next weekend’s championship finale, Johnson saw his hopes crumple with a blown tire that sent his No. 48 Chevrolet into the wall with one lap remaining in the second stage Sunday.ADVERTISEMENT The crash eliminated the reigning and seven-time NASCAR champion from title contention.“I’m disappointed for sure,” Johnson said. “The last couple of months we’ve been staying alive and at this stage with the Round of 8 and then the Round of 4, you can’t just stay alive. You’ve got to be hitting on all cylinders and we just haven’t been there, unfortunately.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutIt’s been a rough ride for Johnson since matching Hall of Famers Richard Petty and Dale Earnhardt with his seventh title a year ago.Johnson won three races this year, but those came during the first third of the season. He hasn’t won since Dover in June and has one top-five finish the last 21 races. John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding View comments MOST READ Kammuri turning to super typhoon less likely but possible — Pagasalast_img read more

10 months agoMonaco boss Henry targets Cahill, Koscielny to solve defensive crisis

first_imgTagsTransfersAbout the authorFreddie TaylorShare the loveHave your say Monaco boss Henry targets Cahill, Koscielny to solve defensive crisisby Freddie Taylor10 months agoSend to a friendShare the loveMonaco are monitoring Chelsea defender Gary Cahill. The 32-year-old is out of contract at the end of the season and has been told he can leave the club in January.According to beIN sports reporter Matt Spiro, Monaco are looking at Cahill, among a host of other defenders, to fix their poor defence.The Ligue 1 bottom-feeders, managed by Thierry Henry, are also scouting Laurent Koscielny, Pepe and Martin Skrtel.Cahill has also been linked with Aston Villa, West Ham, Southampton and Arsenal. last_img read more

10 months agoHuddersfield set to sign Crystal Palace winger Puncheon

first_imgHuddersfield set to sign Crystal Palace winger Puncheonby Ansser Sadiq10 months agoSend to a friendShare the loveHuddersfield are set to sign Jason Puncheon from Crystal Palace.The winger will be on loan at David Wanger’s team for the rest of the season.The 32-year-old has not played much at Palace this season.But he has the type of experience that Wagner wants in his team, as Huddersfield look to stay in the top flight.Since Palace are also involved in that fight, it is a surprise they let Puncheon leave to a rival.The winger has not started a Premier League game this season. TagsTransfersAbout the authorAnsser SadiqShare the loveHave your saylast_img read more

Former Cincinnati Star Kenyon Martin Posts “Xavier Sucks” Graphic Ahead Of Tonight’s Rivalry Game

first_imgCincinnati's mascot standing on a board being held by cheerleaders.CINCINNATI, OH – FEBRUARY 04: The Cincinnati Bearcats mascot performs during the game against the Connecticut Huskies at Fifth Third Arena on February 4, 2017 in Cincinnati, Ohio. (Photo by Andy Lyons/Getty Images)Before NBA star Kenyon Martin was lighting it up in the professional ranks, he played his collegiate ball at Cincinnati, leading the Bearcats to the nation’s No. 1 ranking for 12 weeks in 1999-2000. Naturally, that means that he isn’t a huge fan of the team’s major rival, Xavier.But just how much does he dislike the Musketeers? Martin posted the below graphic just hours before the two teams tip off in Cincinnati.It’s going down tonight. #bearcatnationstandup. UC Basketball where greatness happens. #letsgoA photo posted by Straightjacketcrazy. (@kenyonmartinsr) on Feb 18, 2015 at 9:14am PST Both Xavier and Cincinnati could use a win tonight to bolster their NCAA Tournament resumes. It should be another fantastic game between these two.last_img read more

Education Ministry Deploying 100 Mathematics Coaches to Schools Islandwide

first_img Education, Youth and Information Minister, Senator the Hon. Ruel Reid, has announced that 100 mathematics coaches will shortly be deployed to assist in strengthening primary and secondary students’ performance in mathematics in approximately 1,000 schools islandwide.Senator Reid said the coaches’ will primarily focus on helping mathematics teachers obtain the requisite skills to effectively deliver the subject to students.This exercise, the Minister added, will be facilitated under the National Mathematics Programme (NMP).He was speaking at the media launch for the Professional Development Programme for MOEYI Mathematics Specialists and Teacher Educators at the Mona Visitors’ Lodge & Conference Centre in St. Andrew on Thursday (August 16).He noted that the Ministry has invested significant resources in initiatives, such as the NMP, in order to improve the teaching and learning of mathematics in Jamaica.Under the NMP, a comprehensive strategy has been implemented to: develop and implement a mathematics policy; improve teacher and teaching quality; improve the culture surrounding the teaching and learning of mathematics; and facilitate coaching for teachers.The NMP will continue supporting teacher training institutions to ensure that ineffective practices are stemmed from the pre-service level.He said the Professional Development Programme for MOEYI Mathematics Specialists and Teacher Educators, which will be financed through the Government of Japan-funded Inter-American Development Bank Technical Cooperation Grant Programme, will also assist with the work of the 100 mathematics coaches.“The Technical Cooperation Grant (assistance) is an important boost to the National Mathematics Programme as it provides additional resources to improve training in the effective use mathematical practices and coaching teachers to use these practices,” Senator Reid said. Story Highlights Senator Reid said the coaches’ will primarily focus on helping mathematics teachers obtain the requisite skills to effectively deliver the subject to students. Education, Youth and Information Minister, Senator the Hon. Ruel Reid, has announced that 100 mathematics coaches will shortly be deployed to assist in strengthening primary and secondary students’ performance in mathematics in approximately 1,000 schools islandwide. This exercise, the Minister added, will be facilitated under the National Mathematics Programme (NMP).last_img read more

Addiction support discussed at the Community Couch Conversation

first_imgFORT ST. JOHN, B.C. – It was an evening full of emotion, compassion and understanding on Thursday at the Lido for the FSJ Community Couch Conversation.Collaboratively hosted by Healthy FSJ and the Fort  St. John Community Action Team, the Opioid Dialogues was co-hosted by Julianne Kucheran and Edwina Nearhood.Mayor Lori Ackerman gave an emotional dedication to the event in honour of those who are affected by drug addictions. Ackerman lost her brother to substance use. Afterwards, personal stories of addiction were shared by those who have been touched by drugs and addiction.Each guest stated that there is no shame in addictions and that it can happen to anyone no matter your background.In a statement from Healthy FSJ, the goal of Community Couch Conversation is to foster a supportive evening, where the community comes together to learn, listen and think about how we can be there for one another to build a healthy and resilient community in the face of the opioid crisis. Six health professionals, who specialize in drug use and addictions were part of the opioid panel.The main message conveyed by the panel is that community support is key when dealing with addictions.“Those who suffer from addictions within Fort St. John are a part of your family and that the community must come together and work as one”, said Amanda Trotter executive director for the Women’s Resource Society.The panel agreed that more resources need to be made available for substance users in Fort St. John.“There is a disparity for those who receive help and treatment. The poor suffer. You’re very lucky if you are able to afford it”, said Connie Greyeyes of the Nenan Dane zaa Deh Zona Family Services Society.The panel concluded that there is more work to be done and the discussions must continue.last_img read more

Centre lets FMled ministerial panel fix CPSE sale price timing

first_imgNew Delhi: To fast-track strategic sale of CPSEs, the Cabinet Thursday allowed the Alternative Mechanism to decide on the timing, price and quantum of shares of a state-run company to be put on the block for outright sale.”The Cabinet Committee on Economic Affairs (CCEA ) has approved delegation of the following Alternative Mechanism in all the cases of strategic disinvestment of CPSEs where CCEA has given ‘in-principle’ approval for strategic disinvestment,” an official statement said. Also Read – Maruti cuts production for 8th straight month in SepThe Alternative Mechanism (AM) on strategic disinvestment was set up in 2017 and consists of the finance minister, the road transport and highways minister and the minister representing respective administrative department. So far, the AM has decided on the terms and conditions of the sale from the stage of inviting of expressions of interest (EoIs) till inviting of financial bid. With Thursday’s decision, the panel has been permitted to take decisions on final pricing of the transaction, quantum of shares to be sold and the selection of strategic partner or buyer. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to Customs”This will facilitate quick decision-making and obviate the need for multiple instances of approval by CCEA for the same CPSE,” the statement said after the Cabinet meeting, headed by Prime Minister Narendra Modi. As many as 35 central public sector enterprises (CPSEs) have already been lined up for strategic sale. The companies that have been shortlisted for strategic sale include Pawan Hans, Air India, Air India subsidiary AIATSL, Dredging Corporation of India, BEML, Scooters India, Bharat Pumps Compressors, and Bhadrawati, Salem and Durgapur units of steel major SAIL. The other CPSEs for which approvals are in place for outright sale include Hindustan Fluorocarbon, Hindustan Newsprint, HLL Life Care, Central Electronics, Bridge & Roof India, Nagarnar Steel plant of NMDC and units of Cement Corporation of India and ITDC.last_img read more