Boxing will remain in Olympics: AIBA chief

first_imgBy Philem Dipak Singh New Delhi, Nov 14 (PTI) Boxing faces uncertain Olympic future but the world body chief Gafur Rakhimov Wednesday said the sport will remain in the 2020 Tokyo Olympic Games roster having made improvement on several aspects as sought by the International Olympic Committee (IOC). The sport risks ejection from the Olympics after controversial Uzbek businessman Rakhimov was elected AIBA president this month. Whether boxing will be in the 2020 Olympics will be decided at an executive commission meeting of the IOC in Tokyo next month. Rakhimov’s election has caused consternation at the Olympic movement with the 67-year-old linked to organised crime by the US Treasury Department. He has, however, vehemently denied the allegations. Addressing a press conference after declaring the 10th Women’s World Championships open, Rakhimov said he was confident of boxing’s future as an Olympic sport. “There is nothing to worry. These (issues) has been happening for many years and we have been correcting them. It has nothing to do with one person and the person’s interest will not be above boxing. Boxing will always be in Olympics,” he said. “We are doing a lot for the boxers. In the last 10 months at the helm of affairs at the AIBA, we have brought a lot of reforms and improvement. We will continue to give the best for our boxers.” Asked about the report submitted by the AIBA to the IOC ahead of the Olympic umbrella body’s executive committee meeting in Tokyo next month, Rakhimov said, “The areas of concern were accumulated for many years. These include anti-doping, refereeing integrity, governance and financial aspects.advertisement “This report also combined information from Youth Olympic Games for refereeing which was well welcomed by the IOC as well as anti-doping cases, WADA cases that AIBA is now 100% compliant. AIBA always looks forward to cooperation with the IOC in order to improve any area which we are lacking and which have been of concern by National Olympic Committees.” On the issue of refereeing controversies, Rakhimov said, “The IOC has advised to retain Pricewaterhouse Coopers (PWC) as the company to oversee or analyse refereeing programmes and structures and to make recommendations. So far, the recommendations have been positive and we will continue working to improve the badly inherited refereeing system from the past.” AIBA’s Executive Director Tom Virgets said the the world body was working hard on the improvement of refereeing standards. “AIBA has now changed the process of choosing the referees, judges and the ITOs. Earlier, the president and the Executive Director used to approve these referees and judges, now they have been removed from the process. It is now a process which takes place within the commissions. “Also we have gone back to five judges from three, we are training more officials to have a bigger pool of trained officials and we intend to increase this number to 200 per cent. We have also added a protest system into the programme which will take place at the start of next year. “This protest system will allow the boxers and coaches to protest if they feel that the officiating was way off the mark. It is to ensure that in the worse case scenario if a bout is clearly gone to a wrong side, there will be a method to correct that.” Rakhimov was asked if AIBA was concerned of the Delhi’s dirty air. “Since the time arrived, I checked if there are any problem. So far none, all are of highest standards,” he said. On the possibility of India hosting Asian qualifiers for the 2020 Olympics, he said, “India will be among the bidders for hosting the 2020 Olympics Asian qualifiers and I hope India will get the chance. “This will be the new (AIBA) competition era in India. We are open to India having top competitions and at the same time there are also many other countries who want to host these events.” PTI PDS PDS KHSKHSlast_img read more

Govt hikes ethanol price to cut oil import bill by USD 1

first_imgNew Delhi: The government on Tuesday raised the price of sugarcane-extracted ethanol used for blending in petrol by up to Rs 1.84 per litre as it looked to cut oil import bill by USD 1 billion annually through its greater use in auto fuels. State-owned oil marketing companies will buy ethanol from sugar mills, for mixing in petrol, at enhanced rates for ethanol year beginning December 1, Petroleum Minister Dharmendra Pradhan said here. He was briefing reporters on the decisions taken by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi. Also Read – Uddhav bats for ‘Sena CM’ The price of ethanol from ‘C-heavy molasses’ has been raised by 29 paise per litre to Rs 43.75 while the same from ‘B-heavy molasses’, also called as intermediary molasses, by Rs 1.84 to Rs 54.27 a litre. Ethanol is a by-product of molasses generated on crushing of sugarcane and the higher price is to encourage sugar mills to divert from sugar production. Cane-based ethanol can be produced three different ways directly from cane juice, from B-grade and C-grade molasses. Also Read – Farooq demands unconditional release of all detainees in J&K Pradhan said the higher price is expected to increase the procurement of ethanol to 260 crore litres between December 2019 and November 2020, up from 200 crore litres bought in the previous ethanol year. “Increased ethanol blending in petrol is expected to replace 2 million tonnes of oil annually, helping save USD 1 billion in import bill,” he said. The percentage of ethanol being doped in petrol will rise from about 6 per cent now to 7 per cent next year and to 10 per cent by 2021-22, he said. Price of ethanol was last revised in September last year when the CCEA had approved a 25 per cent hike in the price of ethanol produced directly from sugarcane juice to Rs 59.13. Now it has been hiked to Rs 59.48. At that time, the price of ethanol produced from B-heavy molasses was hiked from Rs 47.13 to Rs 52.43 but that from C-heavy molasses marginally reduced to Rs 43.46 from Rs 43.7. Commenting on the decision, Indian Sugar Mills Association (ISMA) director general Abinash Verma said: “Government’s decision to increase ethanol price once again, with special emphasis and a higher increase for ethanol made from B-heavy molasses, confirms the government’s commitment towards encouraging more diversion of the surplus sugarcane/sugar into ethanol.” “The second very important decision of allowing a single premium price for the ethanol made from partial or 100% sugarcane juice is another big and positive step in this direction,” he said. “These decisions will help in further increasing the ethanol blend levels from the current 6% average levels across the country.” The sugar industry, he said, is responding very positively by hugely investing in new or expansion of ethanol production capacities, which will help achieve the government’s 10 per cent ethanol blend targets by 2022. The world’s third largest oil consumer is dependent on imports to meet 83 per cent of its needs and substituting some of the fuel with biofuels will help cut import dependence. India started blending ethanol, produced as a by-product during the process of making sugar from sugarcane, in petrol during the first NDA regime in 2002. But the programme slowed almost to a grinding halt in the 10-year rule of Congress-led UPA. It was revived again when the BJP first came to power in 2014. Ethanol blending in petrol increased from 38 crore litres in the ethanol supply year 2013-14 to an estimated 141 crore litres in the ethanol supply year 2017-18 and 200 crore litres in the following year. India spent USD 112 billion on import of 226 million tonnes of crude oil in 2018-19. Currently, petrol contains 6 per cent of ethanol. Pradhan said the price of ethanol from sugarcane juice/sugar/sugar syrup route has been fixed at Rs 59.48 per litre. “Additionally, GST and transportation charges will also be payable. OMCs have been advised to fix realistic transportation charges so that long distance transportation of ethanol is not disincentivised,” he said adding the use of alternative and environment friendly fuels will reduce import dependence and give boost to agriculture sector. This comes at a time when a surplus of sugar production is depressing sugar price. Consequently, sugarcane farmer’s dues have increased due to the lower capability of the sugar industry to pay the farmers.last_img read more