Thursday, 13 December 2018

Unfair to call Vijay Mallya thief for one loan default: Nitin Gadkari

40 saal baad jab wo aviation mein gaya....uske baad wo adchan mein aaya to woh ekdum chor ho gaya?...jo pachaas saal byaaj bharta hai wo theek hai, par ek baar wo default ho gaya...toh turant sab fraud ho gaya? Ye mansikta theek nahi hai." (For 40 years Mallya was regularly paying interest on loans. After entering the aviation sector, he started facing problems, and suddenly he became a thief? If a person repays the interest for 50 years, and if he defaults once, then suddenly everything is fraud? This mindset is not correct), Gadkari said at an economic summit organised by the Times Group. Gadkari said the loan he was referring to was from the Maharashtra government-owned entity Sicom to Vijay Mallya, extended 40 years ago, which he repaid on time without any default. Stating that ups and downs are part and parcel of any business, the road transport minister said if someone goes through a downward cycle, then he or she has to be supported. "There are risks in the business, be it banking or insurance, there are ups and downs. But, if the mistakes are bona fide, because of global or internal factors in the economy like a recession, then that person who is facing difficulties must be given support," the minister said. Likening an election loss to a business failure, he recalled how he lost an election when he was all of 26, but underlined that the loss did not mean that his political career ended. "If Nirav Modi or Vijay Mallyaji has committed (financial) fraud then send them to jail, but whoever comes in distress, and if we label them as fraudster then our economy will not progress," he said. Earlier this week, a London court had ordered Vijay Mallya's extradition, in a major boost to the government's efforts to bring back the fugitive businessman. Ahead of the extradition hearing, the 62-year-old former boss of the now-defunct Kingfisher Airlines offered to repay the entire principal amount to banks. Gadkari has for long been calling for a more considerate and realistic approach to NPAs, and indirectly blamed the bankers for the NPA mess, saying our banking system is such that it does not support sick companies. "When someone is serious then we put him/her in an ICU, but our banking system first puts a sick company in the ICU and then ensures that it dies," he said. Last month, Gadkari had blamed the RBI for "complicating" project finance, saying over 150 projects involving over Rs 2 trillion investments are struggling to get financial closure. "Unfortunately, many times ...the circulars issued by the RBI are creating more complications and this is one of the reasons why I am facing problems as far as financial closure is concerned," Gadkari had said. ... Dailyhunthttp://www.bookcrossing.com/mybookshelf/cheekgeeks/

http://euro-math-soc.eu/users/eggyrotens He also has made the Union government, ROC, SFIO and also some of the companies, besides including Chandrababu Naidu, as parties in the petition. ... Dailyhunthttps://www.plurk.com/greekfranchise

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Heavy on runs and 100s, CAC seeks clarity on role

he iconic Kapil Dev, Shanta Rangaswamy and Aunshuman Gaekwad (who are on the five-member steering committee for setting up a Players' Association) are on the ad hoc committee, which actually has no locus standi.Rai, Johri and Saba Karim should be knowing that. In fact, the Board's acting secretary, Amitabh Choudhary, has formally questioned the ad hoc committee's legitimacy through an email on Monday.Expect more twists and turns. Top guns Sachin Tendulkar, Sourav Ganguly and VVS Laxman, members of the runs & hundreds-packed Cricket Advisory Committee (CAC) of the Board of Control for Cricket in India, have sought "clarity" on their "role" and "responsibilities."Well-placed sources of The Telegraph informed that Laxman sent a "courteous" email on that and related issues, on behalf of all three members, to the two Supreme Court-appointed Administrators.The email was sent a "couple of days ago" in response to a request from Administrators Vinod Rai and Diana Edulji that the CAC "select" the next head coach of the India women's team.Owing to the "short notice" and "prior commitments," Sachin and his colleagues declined to be involved in the process.The Board has, through an advertisement, sought applications by 5.00 pm on Friday. Interviews would be conducted on December 20. According to the new Constitution of the Board, which has already been registered, the CAC alone has the responsibility to choose the national selectors and the coaching staff of both the men's and women's teams.Sachin and his colleagues were hand-picked by the late Jagmohan Dalmiya during his brief second innings as the Board president. That was well over three years ago. All along, neither the CAC's responsibilities nor roles were defined. Ramesh Powar's tenure is over, but T20I captain Harmanpreet Kaur and vice-captain Smriti Mandhana have appealed that the former India off-spinner be brought back. Mithali Raj, the ODI captain, holds a different view. Apparently, Board CEO Rahul Johri (who was at the centre of a very recent inquiry into allegations of sexual harassment) and GM Syed Saba Karim are toeing the Mithali line.Neither Johri nor Saba Karim is known to function without Rai's okay, so it's assumed that the chief Administrator isn't at all in favour of again having Powar on board.Why not?Word is that Diana, with good reasons, is sympathetic towards Powar.In any case, when Harmanpreet and Smriti have endorsed Powar in such strong terms, why not offer him a fresh contract?If Virat Kohli could have his way with Ravi Shastri's appointment as the head coach (he'd earlier been the team director) in July 2017, then why not Harmanpreet and Smriti?Not long ago, by the way, the CAC had declined to fill a vacancy in the junior selection committee. Sachin had a "conflict of interest" on account of son Arjun, while Laxman was honest enough in accepting that he hadn't been following cricket at the juniors' level too closely. Sourav, it seems, did not reply to an email from the Administrators. Back to Laxman's email...From what one understands, Laxman wrote:A) The CAC's "inability" to participate in the "process" of the selection of the next head coach.B) "Request" for adequate "prior notice" to the CAC in such matters.C) An appeal that the CAC's "scope of role and responsibilities" be spelt out to ensure "clarity" in functioning.D) That the clarity issue had been "pending" since the CAC was constituted.E) Reinforced a "commitment" on the part of the CAC to "work for the development of the sport" and to do so on an "honorary basis."Clearly, the "honorary basis" bit needs to be highlighted and all three - Sachin, Sourav and Laxman - must be applauded. Dailyhunthttps://www.sbnation.com/users/bizzareedass

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Delhi government to introduce 'cleanliness curriculum' in schools: Manish Sisodia

'In other countries, students are even responsible for mopping their classes, dusting the desks and watering plants. Students should have a sense of belongingness for their classrooms and school,' he added. Sisodia, who is also Delhi's Education minister said, 'The cleanliness curriculum will be activity based. Neither there will be any book for it nor a separate period will be allocated. I have asked for suggestions from teachers and principals about what activities can be included in the curriculum.' (This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.) Dailyhunthttps://issuu.com/feroozshaan

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Water pollution must be checked regularly, says BK Kumaran

These water sources take care of the water needs of humans and agriculture, besides catering to the needs of the livestock and wildlife. It is a known fact that the wealth of the plains depends upon the health of the hills. "What is to be done at this juncture is to have a regular monitoring system in practice to halt any stealthy discharge of effluents and other wastes into water sources and streams to ensure that water in the hills remains healthy and pollution-free," Kumaran suggested. S. Manogaran, president of the Coonoor Consumer Protection Association, wanted a plan of action across the hills to map natural water sources in the rural and urban limits and removal of encroachments in and around water sources. "Mountains matter" only when air, soil and water are conserved and managed well in the mountains, he added. ... Dailyhunthttp://www.bookcrossing.com/mybookshelf/feroozshaan/

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Apple to invest $1 billion for Austin, Texas expansion plan

In a statement on its website Thursday, the company said it was also considering other US regions for growth. "With this new expansion, we're redoubling our commitment to cultivating the high-tech sector and workforce nationwide," Apple Chief Executive Officer Tim Cook said in the statement. The company said the second Austin building would cater to a wide range of business disciplines, including R&D, sales, customer support, and engineering. Austin is already the largest home for Apple employees after the iPhone maker's Cupertino headquarters, with about 6,200 people working at the existing site about a mile from the location of the new facility. The investment will follow announcements from other major tech companies, which have been laying out their US expansion plans. E-commerce giant Amazon Inc recently revealed plans to build a major new campus in New York, while Google has opened new offices in sites including Boulder, Colorado. Among US President Donald Trump's "America First" policies were promises to bring manufacturing jobs back to the US from Asia, and businesses have been increasing efforts to hire locally to avoid conflict. Apple has long used China as its production base for everything from the signature iPhone to iPads and Macs. In his early years running Apple, Cook responded to questions about increasing manufacturing in the US by saying the skill sets in China are more conducive to producing the company's products. However, in recent months, Cook has modified that view, saying in an interview this year that "it's not true that the iPhone is not made in the United States." Some components, like the smartphone's glass cover, are manufactured in the US and shipped for assembly in China. In December 2013, Cook said on Twitter that the then-flagship Mac Pro desktop computer would be manufactured in Austin, rather than China. Dailyhunthttps://www.theverge.com/users/dekkojekkos

Nature's glory: Shimla gets first snowfall of the season

(Express photo by Pradeep Kumar) Another tourist destination Kufri located in Shimla district also received 7 cm snowfall, the MeT Centre Shimla director Manmohan Singh said. (Express photo by Pradeep Kumar) The tourists were equally exuberant. Some left their beds immediately on hearing about the snowfall and reached the Ridge and the Mall Road of the town to enjoy white charm. (Express photo by Babli Thakur) For Shimla's hotel industry, which had been experiencing hard days after the town witnessed its worst-ever drinking water crisis in June 2018, pre-Christmas snowfall has come as a blessing. (Express photo by Pradeep Kumar) Good snowfall will also boost Shimla's water availability. In June, Shimla hit the headlines for its drinking water crisis lasting eight days when water availability dropped down to 18 million litres per day against the requirement of 40-42 MLD. (Express photo by Pradeep Kumar) Apple growers in Shimla's Kotkhai, Kotgarh, Thanedar and Chopal belt who have been bearing the brunt of the climate change too are a relieved lot. (Express photo by Ashwani Sharma) As of now, large parts of Himachal Pradesh are reeling under intense cold with the minimum temperature below the freezing point owing to snowfall at Narkanda and higher reaches including the entire tribal belt of Kinnaur and Lahaul-Spiti.(Source: PTI) Dailyhunthttps://forums.ubi.com/member.php/3415637-zeenusreenu

Opposition creates ruckus in the Uttarakhand assembly on Lokayukta issue

'But it's been about two years since that party (BJP) formed the government but the latter has kept the Lokayukta Bill in abeyance,' Hridayesh said. She demanded that a debate be urgently allowed in the House on the proposed Lokayukta law stating that it was an issue of utmost public importance. Speaker Premchand Aggrawal urged the Opposition members to let the Question Hour continue assuring that a debate on the Lokayukta Law would be allowed. Meanwhile, irate opposition members trooped into the well of the House raising slogans in favour of their demand. Congress president Pritam Singh joined them demanding that the Speaker cancel the Question Hour so that a debate on the proposed anti-graft law was possible. Hridayesh said even the ruling party members 'are hurt' that the BJP government was not enacting a strong Lokayukta Bill that the ruling party had promised before the last state elections. She alleged that the BJP government instead of fulfilling its promise referred the proposed anti-graft law to the select committee for no rhyme or reason just days after it took charge. 'It's been about two years since then and they have not called a meeting to discuss the Lokayukta Bill,' Hridayesh alleged. She alleged that the government instead 'claims' that such a law was not required, falsely claiming that it was vigorously pursuing its policy of zero tolerance for corruption. Hridayesh was referring to the statement frequently repeated by chief minister Trivendra Singh Rawat. 'Instead this (BJP) government jailed those who exposed corruption through a sting operation,' Hridayesh said indirectly referring to an editor of a Dehradun-based TV channel. With the pressure mounting, the Speaker relented a bit stating that he would allow a debate under rule 58 after the Question Hour instead of allowing it under rule 310 as demanded by the Opposition. At his request, the Opposition members took their seats. Hridayesh stuck to her guns stating that the Question Hour was an important opportunity for carrying out a debate on the proposed anti-graft law. Reacting to the statement, parliamentary affairs minister Prakash Pant said a debate on the Lokayukta Bill was allowed every time the Opposition 'raises' a debate on the floor of the House. He urged Opposition members to let the Question Hour continue. 'Ignoring the Question Hour would set a bad precedent,' Pant said, adding that after the select committee had returned Lokaykta Bill the latter had become a property of the House. 'Consequently, whenever the House would wish it the anti-graft law would be passed,' he said. The request though had no impact on the irate Opposition members who kept on creating din. Meanwhile, BJP legislator Munna Singh Chauhan asked the Opposition members to cite one House rule that that permits them to decide when a particular Bill would be enacted. The statement ended up adding fuel to fire prompting all the irate Congress members to again troop into the well of the House. It is only after creating the ruckus for about half-an-hour that the irate Congress members agreed to the Speaker's request. Later, participating in the debate on the proposed anti-graft law both Hridayesh and Pritam Singh accused the BJP government of patronising corruption. 'This (BJP) government is not enacting the anti-graft law because it is fully immersed in corruption,' Singh said. Dailyhunthttps://www.mobypicture.com/user/dekkojekkos

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