12-12-11

A preventable Tragedy:
- govt agencies not doing their duty and hospital administrators not complied with rules
- no preparedness plan - Indian way to adapt more rules and follow less
- In London , attention to details such as: provision of ski sheet and a rescue aid placed below the mattress of hospital bed to evacuate non-ambulant patients
- Standing Fire Advisory Council's recommendations - (updated in 1998) response time must not be more than 3 minutes
- took 15 mins in AMRI case
- distribution of fire stations and their locations
with a large and congested city like Kolkata should be reviewed

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EU Summit:
- a new fiscal rule - budgets if all the countries be either be balanced or in surplus - ll be incorporated in national laws of member countries
- Automatic correction mechanism - govts with budget deficits will face automatic penalties
- 500b euro permanent bail out fund envisaged under European Stability Mechanism Treaty - to be organized as early as mid-2012
- Agreement with France on private investors holding bonds of the countries in distress - EC declares their involvement depends upon "well established IMF principles and practices"
- ECB's on market intervention unclear

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- capital Delhi is 100