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Don't create fear psychosis on Naxalites, Patil tells Opp

New Delhi, May 22 (UNI) Union Home Minister Shiv Raj Patil today urged the Opposition parties in the Lok Sabha not to create a fear psychosis by exaggerating the magnitude of the Naxalite menace, and clarified that the Government had no intention to downplay the problem, which had affected 55 districts of the country.

''It is being wrongly propagated that as many as 177 districts in 13 States, almost one third of the country, is in the grip of the Naxalite problem while the fact is that only 500 out of the total 12,000 police stations in 55 districts are affected,'' Mr Patil said replying to clarifications sought on a calling attention motion on Naxalite and Maoist activities.

Mr Patil said it was essential to have a realistic picture of the magnitude of the problem in mind or else it would lead to wrong results.

This remark by Mr Patil provoked sharp reaction from the Opposition members who said the Minister was ignoring the reality in spite of incidents of jaibreak by Naxalites and prisoners freely moving on the roads having taken place earlier. Mr Patil flared up and stoutly protested the remark made by Mr V K Malhotra terming it unnecessary interruption asserting that he would not yield. Mr Patil maintained that stray incidents involving Naxalites in a village of any district were sought to be blown up as the whole district or a State affected by it.

Mr Patil said the Government was alive to the fact that the Naxalites were getting supply of sophisticated arms through the sea route and had made a special scheme for the purpose to guard the sea coast. The Government was providing financial assistance of Rs 500 crore to States like Gujarat, Maharashtra, Tamil Nadu and Orissa for setting up police stations close to sea coast and giving them training, boats or ship besides arms.

He hoped whatever funds were being provided to these States would be properly utilised.

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Pawar hints at cut in farm loan rate

New Delhi, May 22 (UNI) Union Food and Agriculture Minister Sharad Pawar today hinted at a possible reduction in the interest rate on loans to farmers from the present 7 per cent, saying the spate of farmers' suicides was causing ''grave concern'' to the government. Talks have been initiated with the Reserve Bank of India (RBI)and NABARD to remove irrationalities in credit flow to the cooperative societies to bring down the interest rate, Mr Pawar.....

Prime Focus to enter capital market on May 25

Mumbai, May 22 (UNI) Prime Focus, an integrated end-to-end post production and visual effects service house, proposes to enter the capital market on May 25 with a public issue of Rs 115 crore through the book building process. The price band has been fixed at Rs 450 to Rs 500 per equity of Rs ten each and the issue closes on May 31. The Company proposes to utilize the net proceeds of the issue to part finance.....

Prof.Swaminathan,Sivathenu Pillai receive Raja Ram Mohan award

Kolkata, May 22 (UNI) The prestigious Ram Mohan Puraskar 2006 was conferred on noted scientists M S Swaminathan and Dr. A Sivathanu Pillai at a function here today. Ram Mohan Mission founder and President Sankar Biswas handed over a cash award of Rs. five lakh each along with a citation and a gold medal to the two scientists for their contribution to science and society marking the 234th birth anniversary of Raja Ram Mohan Roy......
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