Bengaluru: India’s heaviest satellite GSAT-11, that would boost broadband services, was successfully launched by an Arianespace rocket from the French Guiana in the early hours.
Blasting off from the Ariane Launch Complex in Kourou, a French territory located along the northeastern coast of South America at 02:07 am (IST), the Ariane-5 vehicle injected the GSAT-11 into the orbit in a flawless flight lasting about 33 minutes. The launch was broadcast live on Doordarshan.
“…..the heaviest, largest and most powerful satellite ever built by India is successfully launched by Ariane-5 today,” ISRO Chairman K Sivan said soon after the launch.
Stating that GSAT-11 is going to be the “richest space asset” for India, he said “the satellite has 38 spot beams as well as eight sub beams, which would cover the entire country, including the remote places … it is going to provide something like 16 Gbps data link services to the country.”
Weighing about 5,854 kg, GSAT-11 is the “heaviest” satellite built by ISRO.
It is a next generation “high throughput” communication satellite configured around the ISRO’s I-6K Bus with a designed lifetime of more than 15 years.
The satellite will be initially placed in the Geosynchronous Transfer Orbit and later raised to Geostationary Orbit by firing the on-board Liquid Apogee Motor.
The satellite will play a vital role in providing broadband services across the country and also be a platform to demonstrate new generation applications, the ISRO said.
Ensure smooth functioning of Parl, take issues related to people’s welfare: PM Modi
New Delhi: As the Winter Session of Parliament commenced, Prime Minister Narendra Modi on Tuesday appealed to all political parties to ensure smooth functioning while assuring that all issues would be discussed in the House.
The session, which will have 20 sittings spread over a period of 29 days, is expected to be used by the Opposition parties for raising several issues like Rafale deal and alleged government interference in the functioning of institutions like the Reserve Bank of India (RBI) and Central Bureau of Investigation (CBI).
“This session is important; many issues of public importance will be taken up. I have faith that all the members of the Parliament will respect this sentiment and move ahead. Our efforts are that discussions are held on all issues. We have always tried to discuss on all issues raised by the Opposition, which sometimes turns into heated argument. The government will try its best to solve all the issues raised by the Opposition,” the Prime Minister said ahead of the Winter Session.
The government yesterday held a meeting with leaders of all the parties to discuss how the session could be run smoothly.
Addressing the floor leaders, Prime Minister Modi said, “The government is always receptive to the issues raised by all political parties.”
The Prime Minister also encouraged them to strive to create a constructive atmosphere during the Winter Session and collectively address the issues related to people’s welfare.
The all-party meeting was attended by among others Union Ministers Rajnath Singh, Arun Jaitley, Vijay Goel, and Arjun Ram Meghwal. All leaders also observed a two-minute silence to pay homage to former Union Minister H N Ananthkumar, who died last month in Bengaluru.
Patel’s resignation ‘severe blow’ to nation’s economy: Manmohan Singh
New Delhi: Former prime minister Manmohan Singh termed RBI Governor Urjit Patel’s resignation as “very unfortunate” and said it was a “severe blow” to the country’s economy.
Patel, who had a run in with the government over autonomy of the central bank, resigned from his job earlier on Monday, citing personal reasons.
His resignation came four days ahead of a crucial meeting of the board of the central bank that could have discussed issues of simmering differences with the government.
In a statement, Singh said he hoped that the RBI Governor’s sudden resignation is not a harbinger of Prime Minister Narendra Modi-led government’s attempts to “destroy” the institutional foundations of India’s USD 3 trillion economy.
He said it will be “foolhardy” to diminish institutions for short-term political gains.
“It is with great sadness that I received the news of the resignation of the Governor of the Reserve Bank of India, Urjit Patel,” Singh said.
“Patel’s sudden resignation, at a time when the Indian economy is faced with many headwinds, is very unfortunate and is a severe blow to the nation’s economy,” he said.
The former prime minister added that he has known Patel to be an economist of high repute and also someone who cared deeply about India’s financial institutions and economic policy.
“Building institutions take a long time and effort but they can be destroyed in a whimper. It is institutions such as the RBI, among many others, that have served as the edifice of our great nation’s progress since independence. It will be foolhardy to diminish these institutions for short-term political gains,” Singh said.
He recalled RBI Deputy Governor Viral Acharya’s apprehensions about the government’s intent to raid the capital reserves of the RBI for fiscal purposes.
“I hope the resignation of the Governor is not a sign that this may soon become a reality,” he said.
“I also sincerely hope that this sudden resignation of the Governor is not a harbinger of the Modi government’s attempts to destroy the institutional foundations of India’s USD3 trillion economy,” he added.
Patel, 55, who took over as the 24th Governor of the central bank on September 5, 2016, had the shortest tenure since 1992.
His three-year term was to end in September 2019 and he was eligible for a second term, like most of his predecessors.
The government seems to have accepted his resignation with Prime Minister Narendra Modi saying Patel will be missed “immensely”.
No announcement of Patel’s replacement has been made yet.
Economist Surjit Bhalla quits from PM’s Economic Advisory Council
New Delhi: Eminent economist and columnist Surjit Bhalla on Tuesday said that he had resigned as part-time member of Economic Advisory Council to the Prime Minister (EAC-PM) on December 1.
“I resigned as part-time member of PMEAC on December 1,” Bhalla said on social networking site Twitter.
The EAC- PM is headed by NITI Aayog member Bibek Debroy. Economists Rathin Roy, Ashima Goyal and Shamika Ravi are other part-time members.