Prepare for attack by ministers on IMF, Gita Gopinath: Chidambaram on growth forecast

Agencies
January 21, 2020

New Delhi, Jan 21: With the IMF lowering India's economic growth estimate for the current fiscal to 4.8 per cent, senior Congress leader P Chidambaram on Tuesday claimed an attack on the world body and its chief economist Gita Gopinath by government ministers was imminent.

He also alleged that the growth figure of 4.8 per cent given by the International Monetary Fund (IMF) is after some "window dressing" and he won't be surprised if it goes even lower.

"Reality check from IMF. Growth in 2019-20 will be BELOW 5 per cent at 4.8 per cent," Chidambaram said in a series of tweets.

"Even the 4.8 per cent is after some window dressing. I will not be surprised if it goes even lower," the former finance minister said.

IMF Chief Economist Gopinath was one of the first to denounce demonetisation, he noted.

"I suppose we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath," Chidambaram said.

The IMF lowered India's economic growth estimate for the current fiscal to 4.8 per cent and listed the country's much lower-than-expected GDP numbers as the single biggest drag on its global growth forecast for two years.

In October, the IMF had pegged India economic growth at 6.1 per cent for 2019.

Listing decline in rural demand growth and an overall credit sluggishness for lowering of India forecasts, Gopinath, however, had said the growth momentum should improve next year due to factors like positive impact of corporate tax rate reduction.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 21,2024

metamodi.jpg

India is currently polling in the Lok Sabha elections, and AI-generated videos that spread disinformation have emerged as a major threat. As per a report, Meta approved several political advertisements manipulated by Artificial Intelligence that spread disinformation during Lok Sabha elections 2024.

Facebook reportedly approved ads that contained slurs towards Muslims in India like “let’s burn this vermin” and “Hindu blood is spilling, these invaders must be burned” along with disinformation about political leaders and other messages with Hindu supremacist language.

Another advert approved by the owner of Facebook and Instagram called for an opposition leader's execution who as per a false claim sought to “erase Hindus from India”. This ad contained the image of a Pakistan flag alongside the message.

The report comes at a time when the social media platform X had to recently take down an animated video shared by the Karnataka unit of the BJP after an Election Commission direction.

India Civil Watch International (ICWI) and Ekō, a corporate accountability organisation created and submitted these adverts to Meta's ad library to test the company's mechanism to detect and block harmful political content.

All adverts “were created based upon real hate speech and disinformation prevalent in India, underscoring the capacity of social media platforms to amplify existing harmful narratives," the report mentioned.

The researchers submitted 22 adverts to Meta in English, Hindi, Bengali, Gujarati, and Kannada, of which 14 were approved. Another three were approved with small tweaks. However, once approved, the researchers immediately removed the ads before their publication.

The research concluded that Meta failed to detect the presence of AI-manipulated images in all of the approved ads.

While five of the adverts, including one with some allegations against PM Modi were rejected on charge of breaking Meta's policy on hate speech, the report noted that the 14 others approved targetted Muslims and “broke Meta’s own policies on hate speech, bullying and harassment, misinformation, and violence and incitement."

“Supremacists, racists and autocrats know they can use hyper-targeted ads to spread vile hate speech, share images of mosques burning and push violent conspiracy theories – and Meta will gladly take their money, no questions asked,” the Guardian quoted Maen Hammad, a campaigner at Ekō as saying.

In response, Meta clarified that they require advertisers to disclose their use of AI.

“When we find content, including ads, that violates our community standards or community guidelines, we remove it, regardless of its creation mechanism. AI-generated content is also eligible to be reviewed and rated by our network of independent factcheckers – once a content is labeled as ‘altered’ we reduce the content’s distribution. We also require advertisers globally to disclose when they use AI or digital methods to create or alter a political or social issue ad in certain cases," the company said in response.

Meanwhile, Meta has been accused in the past of failing to curb Islamophobia on its platforms.

“This election has shown once more that Meta doesn’t have a plan to address the landslide of hate speech and disinformation on its platform during these critical elections,” Hammad said questioning how one can trust Meta if it fails to detect even a handful of AI-generated images.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 19,2024

sirsi.jpg

In a heart-wrenching turn of events, the serene town of Banavasi in Sirsi taluk of Karnataka’s Uttara Kananda district, was struck by tragedy. A young boy lost his life after being struck by lightning on a fateful Saturday evening around 4p.m.

The victim, identified as 16-year-old Sajid Ashfaque Ali, was a bright tenth-grade student at Eden Way High School. Full of dreams and youthful energy, Sajid was enjoying an innocent game with his friends on the Jayanthi High School grounds when the unthinkable happened.

As ominous clouds gathered and rain began to pour, an unexpected bolt of lightning pierced the sky, striking Sajid. His friends watched in horror as he collapsed. Despite the desperate rush to get him to the hospital, Sajid's injuries proved fatal, and he passed away, leaving his family and community in shock and grief.

The rain that had started earlier that afternoon became a backdrop to this devastating incident, casting a pall over the Banavasi police station limits. Sajid’s body has been taken to the government hospital for a post-mortem examination, as the community grapples with the sudden and tragic loss of such a young life.

The tragic death of Sajid Ashfaque Ali is a poignant reminder of the unpredictability of nature and the fragile thread of life. His memory will linger in the hearts of those who knew and loved him, a young life taken too soon.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 1,2024

Mangaluru: All necessary arrangements are in place for the counting of votes for the Lok Sabha elections, confirmed Dakshina Kannada deputy commissioner Mullai Muhilan MP.

The opening of EVM strong rooms is scheduled between 6 am and 7 am, with counting starting promptly at 8 am. Each counting hall has been equipped with 14 tables specifically for EVM counting. Each table will have one counting supervisor, one assistant, and one micro observer. Additionally, 20 tables have been set up to count postal ballots.

“For Electronically Transmitted Postal Ballot System (ETPBS), three tables have been arranged,” he told the media.

Each hall will have an assistant returning officer overseeing the EVM counting process. Approximately 600 personnel will be on duty for counting operations. Mobile phones, iPads, laptops, or any other electronic devices capable of recording audio or video are strictly prohibited inside the counting centre. The number of counting rounds varies between 15 to 19, depending on the assembly constituencies in Dakshina Kannada. After counting concludes, the EVMs and VVPATs will be stored at the EVM warehouse at Padil in Mangaluru city.

The DC emphasised, “Prohibitory orders under Section 144 will be in force, and no victory processions will be allowed till midnight on Tuesday.”

The district reported a 77.6% voter turnout via EVMs, with 8,537 postal ballot votes cast. Of the 514 service voters, 231 votes have been received, with the deadline extending until 7 am on Tuesday. The area within a 100m radius of the counting centre will be declared a pedestrian zone.

City commissioner of police Anupam Agrawal highlighted the reinforced security measures for the counting process.

“Five KSRP platoons, 13 CAR platoons, 2 DCPs, 6 ACPs, and additional paramilitary force personnel will ensure security. Three layers of security will be in place at the counting centre. A total 850 personnel will be on duty for bandobast,” he said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.