Issue 377 - 27-11-2020

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27/11/2020
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Nepal to announce new height of Mt Everest soon
Kathmandu : Nepal is going to
announce the new height of Mt Everest,
the world's tallest peak, very soon.
A Cabinet meeting on Wednesday
evening gave nod to Nepal's Ministry of
Land Management to announce the
height of Everest and according to some
media reports, as the peak has appeared
taller than it was but no official confirmation
yet.
Minister for Land Management of
Nepal, Padma Kumari Aryal said that
with our own resources, we have completed
the measurement of the Everest
and are going to announce it very soon.
Nepal had started the remeasurement
of the world's tallest peak in 2017 of its
own resources as a lot of concerns were
emerging about the height of Mt Everest
after the 2015 earthquake.
As agreed with Chinese side, during
the visit of Chinese President Xi Jinping
last year, Nepal and China will jointly
announce the height of the Everest in
Kathmandu and Beijing simultaneously,
according to Nepal's Ministry of Land
Management.
Although Nepal had planned and
announced the remeasurement of the
Everest height, believed to be altered by
the 2015 earthquake, on its own, the two
countries made an agreement in October
last year to announce the height jointly.
Following that, China measured the
height of Everest from the northern side
in May this year from Tibetan face.
Nepal and China have been at odds
over the height of Everest after China
unilaterally declared the height of
Everest as 8,844.04 meter in 2015
against globally accepted 8,848 meter.
Over the differences about the height of
Everest, Nepal and China also could not
sign the boundary protocol since then.
The present height of Everest was
declared after the Survey of India in
1954 and has been considered the same
since then.
After Nepal declared to remeasurement
of the height of Everest, India had
also put interest but Nepal rejected the
offer saying that it will measure of its
own resources.
As China came up with the rock
height of Everest in 2015 against the
globally accepted snow height, now
according to Padma Kumari Aryal,
Minister for Land Management, now
Beijing has agreed to consider the snow
height of Everest.
India can be lower cost producer
than China if policies allow:
MARUTI SUZUKI CHAIRMAN
New Delhi- India has the capability
to become a lower cost producer
than China if the industry
and the government work together,
Maruti Suzuki India Chairman
R.C. Bhargava said on Thursday.
Bhargava presented his ideas
on making Indian manufacturing
globally competitive at an online
dialogue with the country's management
leaders organised by All
India Management Association
(AIMA).
Bhargava argued that the only
objective of government policies
has to be to increase the competitiveness
of Indian industry so that
it can make things at the lowest
cost and the best quality in the
world. "The more the industry can
sell, the more jobs will be created
in the economy," he said.
He pointed out that Maruti
Suzuki produces more cars each
year without adding to its workforce, but
the increased sales of cars each year create
more jobs in the service economy.
Bhargava said that there is fault in the
policy thinking that focuses on job creation
by each sector instead of job creation
in the total economy.
With regard to states reserving jobs in
manufacturing for locals, Bhargava said
that it is an anti-competitive step.
The LeaderSpeak session, which was
33rd in the series, was moderated by
Harsh Pati Singhania, President, AIMA
and Vice Chairman and Managing
Director, JK Paper Ltd, while Rekha
Sethi, Director General, AIMA, anchored
the session.
The protection for the MSME sector
has been the bane of Indian manufacturing,
according to Bhargava. He argued
that the MSMEs have to be as globally
competitive as the large companies
because the supply chain determines
overall competitiveness. He said that the
government should understand that the
small-scale businesses in manufacturing
and the services are different animals and
must be treated differently by the policymakers.
Indian industry cannot be competitive
unless the promoters and managers treat
workers as partners, argued Bhargava.
He pointed out that Maruti owes its success
to explaining to its workers that they
will prosper if the company grows and
backing that with policies and actions
that delivered income and career growth
to the employees. He said that Indian
workers had been protected and pampered
by the government and the courts
before 1991 and the managements themselves
had made no attempt to educate
workers about what they would gain if
the company grew.
Indian industry struggles with high
cost and low efficiency in every area
because of the nature of politics in the
country, according to Bhargava. He said
that not only the logistics, but India's
competitiveness is lower through entire
infrastructure because of government
control. The cost of finance is also high
in India because of government ownership
of banks, which results in high lending
rates and loss of competitiveness of
Indian industry, he added.
The lack of trust between the people
and the industry is a major constraint on
policymaking, he said, adding that that
when people see promoters and their
families using companies for their own
benefit instead of benefit of all stakeholders,
they suspect politicians who
support the private sector.
However, he expressed satisfaction
with the government for supporting private
industry and talking about building
trust. "Big industrialists have to win trust.
The government cannot do it for them,"
he said.
Elephant Atta launches the first
chapatti flour high in Vitamin D
This latest addition to their
range of Medium atta variants is
high in Vitamin D which is good
for your teeth, bones, muscles and
supports the normal function of
the immune system.**
The number one source of
Vitamin D is the sun, but as the
days get shorter and winter
approaches it gets harder to absorb
enough of it. According to Public
Health England, 1 in 5 people in
the UK have low levels of Vitamin
D*** with people of South Asian
heritage potentially at a higher
risk****making this a very exciting
and highly relevant new product
to hit the shelves
Consumers can rest assured
that there is absolutely no compromise
on taste either, their chapattis
will be as delicious as always, just
with added health benefits for the
whole family. The atta is suitable
for those following a vegetarian or
vegan diet and is packed in recyclable
paper bags. Elephant Atta
Medium with Vitamin D is available
in 10kg and 1.5kg packs at a
store near you now.
*As checked and verified
through AC Nielsen scantrack data
(May 2020) and ESA an independent
audit of 100 South Asian retail
stores (March 2020)
**Vitamin D contributes to normal
absorption/utilisation of calcium
and phosphorus.
Vitamin D contributes to the
maintenance of normal
bones. Vitamin D contributes
to the maintenance of normal
muscle function. Vitamin D
contributes to the maintenance
of normal teeth.
Vitamin D contributes to the
normal function of the
immune system.
***National Diet and
Nutrition Survey. Findings
from the Report of Years 7
and 8 (combined) (2014/2015
– 2015/16). PHE National
Diet and Nutrition Survey
(2008 to 2012) shows that
23% of adults aged 19 to 64
years, 21% of adults aged 65
years and above and 22% of
children aged 11 to 18 years
have low levels of vitamin D
in their blood.
****Independent Research
carried out in 2015 through
Quant Edge Online Panel.
Sample size 211 Women of
South Asian Heritage (Indian,
Pakistani, Bangladeshi) and
https://www.nhs.uk/livewell/healthy-body/how-to-getvitamin-d-from-sunlight/