#Allotment News Of CAG

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How To Check CreditAccess Grameen IPO Allotment Status

How To Check CreditAccess Grameen IPO Allotment Status

How To Check CreditAccess Grameen IPO Allotment Status (CAGL IPO Allotment Status):

As CreditAccess Grameen Ltd (CAGL) IPO bidding has begin from August 08, 2018.  And CreditAccess Grameen IPO subscription figures are expected to be good enough to activate lottery allotment system. Retail investors who will be applying will be interested in knowing their CreditAccess Grameen IPO Allotment Status…

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Bleading RBI’s concern !!

RBI the central bank of India has seen tussle with the various governments and yet nothing serious had erupted then. However the recent debates among academicians ,economists and politicians regarding the RBI and the Central government over share of dividends has raised an alarm for the country’s economic stability. 

Lets first understand the way central bank generates profits and subsequently the debate over the dividends and economic status under the government. For simpler understanding I would minimize the technical details to ensure uniform understanding, a basic notion. 

RBI primarily earns profits from the interest from open market sale , loans to banks , foreign securities ,difference between the face value and printing cost of currency  and lastly revaluation of the Gold reserves. However these reserves are not results of one single financial year, rather the decade long holding up of the same results in higher profit yield for the central bank. 

Tussle between the central bank and central government is not a new issue. Way back during the days of ex-RBI governor Y.V.Reddy, Bimal Jalan, D.subbarao, Raghu Ram Rajan , Urjit Patel all can be seen facign the issue . How ever never in the past had the central government used the draconion section 7 of the RBI act to direct the central bank to follow its instruction. 

Autonomy for any institution is must for its performance and also the public trust. Institution are deemed to fail if the autonomy is not held ,yet it also creates room for anarchy too. Institutional crisis is the last , our country should be facing,though there do exist debate regarding it citing examples of CBI,CAG,Election Commission of India etc. Well it could also politically mooted that need to be evaluated. As far as Central bank is concerned , thankfully the avid economists holding the position has not bowed down before the government and showed the character of stern leadership. 

Should the central government be allowed to avail such dividends and is there any formula that calculate the amount. Its true that RBI being the agent of government (selling the securities and currency) , government is bound to ask for it. But there should be an agreed formula for the same. Lately RBI had been following the Bimal Jalan Committee recommendation for the same .However the reserves of any central bank helps to fight against any economic down time (yes the current slowdown of 5.6% growth rate for 1st quarter ,being the lowest in decades ). India follows a pro-cyclic policy model that tends to shapes our both the fiscal and monetary policy. However what is required is the counter cyclic policy measures ,if India need to achieve the $5 trillion economy.A sound economic policy with stern governance is what the country requires,rather just bailing out through RBI reserves. The issue is that even the politicians themselves doesn’t understand the basics .Here I would bring the comparison between Presidential and Parliamentary form of government. US has leverage the benefits of experts .Be it Defense,Science&Tech,Economy,an expert would help frame and deliver better over any novice leader. Our system of portfolio allotment depends upon the political math rather than deliverable ability.And thus the entire burden fall’s over bureaucrats. Policy making and execution need too be separated from each other to ensure proper outcome of any policy.  

The debate of central bank maintaining huge reserves and comparing it with developed economy counter part is definitely a flawed concept. The two economy can be compared if there exist uniform growth ,development status, economic prospects and social capital. Arguing that bank should resort to lower reserves would shift the economy towards another 1991 crisis. Current economic paralysis and least reform with respect ot economy, examples being the IL&FS crisis, twin balance sheet of banks,NBFC crisis and automobile sector crisis, all point towards a worry some event.

What is required a sound policy making, debate over the reserve sharing and coming up with a scientific formula for the same. The recent report of BIMAL JALAN COMMITTEE over the same has been accepted by the RBI board. Now here is catch, the board itself a 16 member committee has only 6 RBI representative with 3 being governments nominee. No one doubt about the economic insight,but to ensure the transparent and avoid conflict of interest the board constitution needs to be revisited. Appointment is another area where government should bring reform with proper qualification. Successive ex-governors majorly being experts in the field has delivered successfully. The life time bureaucrats should avoid such expertise posts and ensure the public trust on institutions.Our Prime Minister take to become $5 trillion economy by 2020 needs to revisit as the growth rate for same is 8.4% while India is still stuck around 6%. No one denies the about the capability , but the policy and approach should supplement vision

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Noida land acquisition and property allotments: CAG slams authorities over irregularities

Noida land acquisition and property allotments: CAG slams authorities over irregularities

Noida: A performance audit report of the Comptroller and Auditor General (CAG) of India on land acquisition and property allotment in Noida – which was tabled in the Uttar Pradesh Assembly on Friday (December 17) – highlighted several discrepancies and shortcomings which pointed out to the fact that the New Okhla Industrial Development Authority (NOIDA) has failed to achieve its main objective of…

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UP officer ‘allotted’ 30k-sq-ft bungalow with a swimming pool, gym, sauna to himself | Meerut News - Times of India

UP officer ‘allotted’ 30k-sq-ft bungalow with a swimming pool, gym, sauna to himself | Meerut News – Times of India

MEERUT: A former vice chairman of the Meerut Development Authority (MDA), Rajesh Kumar Yadav, approved for himself a plush 30,000-square foot bungalow with a swimming pool, gym, sauna, and snooker and table tennis rooms when he was in office. He was entitled to a square footage of just below 2,500. Yadav is now special secretary (sports) in the Uttar Pradesh government. The CAG flagged the…

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All About The Jammu and Kashmir State Lands (vesting of ownership to the occupants) Act, 2001

This article is written by Mushtaq Dar, a student from School of Law, University of Kashmir. In this article, the author explains the Jammu and Kashmir State Lands (vesting of ownership to the occupants) Act, 2001.

Brief Introduction

The Jammu and Kashmir State Lands (vesting of ownership to the occupants) Act was enacted in 2001, with the twin objective of generating resources for financing power projects and conferment of proprietary rights to the occupants of the state land. The Act has been enforced in the State w.e.f. 01-03-2002 vide SRO-94 dated 01-03- 2002 except in Ladakh and Kargil Districts.

What was mandated in the Act?

The Roshni Act envisaged the transfer of ownership rights of state land to its occupants, subject to the payment of a cost, as determined by the government.

Originally, it set 1990 as the cutoff for encroachment on state land.

The government’s target was to earn Rs 25,000 crore by transferring 20 lakh kanals (equivalent to 25,6874.9732 acres) of state land to existing occupants against payment at its market value under this Act.

The government said the revenue generated would be spent on commissioning hydroelectric power projects, hence the name “Roshni”.

      Click Above

Amendments

In 2005 the government relaxed the cutoff year to 2004.

Subsequently with new government coming to power the cutoff was relaxed further upto 31 Mar 2007.

The government changed by subsequent amendments the original Act to a completely new thing.

Cost of such land “at its market value under this Act” Substituted by “as determined under the Act and the rules made thereunder”

The upper limit of 10 kanals of land that could vest in an illegal occupant by the earlier Act of 2001 was substituted by 100 kanals in 2007.

Allegations and Controversies- ‘Roshni’ to multi-billion land scam

The Jammu and Kashmir high court on 12 March 2020 pulled up the Union territory’s administration for alleged irregularities in land allotments under the erstwhile Roshni Act and said it will decide on March 18 whether to transfer the case to the Central Bureau of Investigation (CBI)

In 2014, a report by the Comptroller and Auditor General (CAG) estimated that against the targeted Rs 25,000 crore, only Rs 76 crore had been realised from the transfer of encroached land between 2007 and 2013, thus defeating the purpose of the legislation. The report blamed irregularities including arbitrary reduction in prices fixed by a standing committee, and said this was done to benefit politicians and affluent people.

The Comptroller and Auditor General of India’s report tabled in the State Legislature exposed Congress and National Conference — two principal mainstream political parties — as “institutional beneficiaries” of the Rs 25,000-crore Roshni scam, the  biggest scandal in history of Jammu and Kashmir.

Investigations into the land transfers subsequently found that land in Gulmarg had been given over to ineligible beneficiaries. However several government officials illegally possessed and vested ownership of state land to occupants who did not satisfy criteria under the Roshni Act.

Repealed in 2018

November 2018 The State Administrative Council (SAC), under the chairmanship of Governor, Satya Pal Malik approved repeal of the Jammu and Kashmir State Lands (Vesting of Ownership to the Occupants) Act, 2001, (commonly known as Roshni scheme). because it had “failed to realise the desired objectives and there were also reports of misuse of some its provisions”.

What the repeal meant?

The SAC has ordered cancellation of all pending applications seeking vesting of ownership rights of state lands to their occupants. However, cases where such rights have already been transferred will hold. 

Current Scenario- Latest developments in PIL

Ankur Sharma vs State Of J&K And Others

It is significant to highlight that the entire legislation was challenged before the Hon’ble High Court of J&K, in a Public Interest Litigation titled Ankur Sharma V/s State, wherein the High Court besides staying the proceedings under the said Act also directed that neither the occupants having been conferred upon the ownership rights shall sell these lands nor can raise constructions on such lands. The said PIL is pending before the High Court.  The Court has also directed that no further transaction of any kind in respect of the property covered under the Roshni Act shall be affected till further orders of the High Court.

In para 4 of the said PIL, The petitioner has challenged the constitutionality of the said enactment and sought the following prayers:

(i) Declaring the Jammu and Kashmir State Lands (Vesting of Ownership to the Occupants) Act, 2001 and the rules framed thereunder i.e. The J&K State Lands (Vesting of Ownership to the Occupants) Rules, 2007 as unconstitutional/illegal being ultra- vires the Constitution of India and the Constitution of State of Jammu and Kashmir.

(ii) Commanding the respondents to disclose before this Hon’ble Court the names of the illegal occupants/beneficiaries who have been conferred the benefit of the aforementioned Act which is illegal/unconstitutional and all such orders of regularizations and consequential mutations attested under the impugned Act be declared void ab-initio/non est/illegal and the State Land so regularized be retrieved from the said illegal occupants/beneficiaries.

Section 5- Application for vesting or transfer of State land

The Section specifies the manner of application and the time limit within which it must be submitted to claim the benefits under the Act.

(1) Any occupant* of the State land may within the period specified [that he has applied or applies in the prescribed manner for transfer of vesting of such land within such period as the Government may, from time to time, specify]* apply in the prescribed form* to the territorial Tehsildar for having such land vested in or transferred to him under the provisions of this Act.

*Section 2 (e) defines “Occupant” as a person who is in actual physical possession of any State land on the commencement of the Jammu and Kashmir State Lands (Vesting of Ownership to the Occupants) (Amendment) Act, 2004, personally or through an authorized agent;

* [clause (b) of sub-section (1) of section 8]

*Prescribed form provided in The Jammu And Kashmir State Lands (Vesting of Ownership to the Occupants) Rules 2007 is as under; section 7. Procedure of application. – (1) An application in terms of sub-clause (b) of Sub section (1) of section 8 of the Act shall contain full particulars of the State land as per Form No.2. It shall be stamped with a court fee of Rs.10 and shall be verified in the manner prescribed for the verification of the pleadings in rule 15 of Order VI of the Code of Civil Procedure, Samvat 1977:

(2) The application under sub-section (1) shall be accompanied by:

(a) documentary proof to the effect that he is an occupant of a particular category of the State land in question;

(b) extract of Girdhawari;

(c) Shajra Kat (Tatma Shajra) of such land; 

(Tatima, which literally translates into ‘Division of Plots’, is a kind of mutation deed. Tatima Shajra is a map prepared after division of plots, showing separate plots. Different states have different rules for preparation of the tatima.)

(d) a certificate by an officer not below the rank of Naib- Tehsildar that he has verified the Tatma-Shajra with reference to the position obtaining at the spot; and

(e) an affidavit to the effect,

(i) that he is an occupant of a particular category of the State land in question; and

(ii) that he shall neither be entitled to such land nor to refund of the cost paid in case any averment made in is found incorrect or false.

Section 6- Preliminary action on application

 (1) On receipt of an application under section 5, the Tehsildar shall make an entry in a register duly numbered and also attest each such entry date-wise.

(2) The Tehsildar shall, after holding such enquiry, as he thinks fit, and after verifying the contents of the application, make a report to the District Collector of the area recommending that the application may be allowed for the whole or any part of the area of land to which it relates or that it may be rejected.

(3) The District Collector shall on receipt of a report under subsection (2) and after such further enquiry as he may deem fit [forward the application along with his report to the Committee] within two months from the date of its receipt in his office.

(4) The Committee shall pass appropriate orders for disposal of such land within two months from the date of receipt of application under sub-section (3) and also determine the price, to be deposited by the applicant for vesting of such State land [Provided that the Government may grant such rewards and incentives, and in such manner, as may be prescribed to the officers/officials showing excellent performance in administering the scheme under this Act.]

Section 7- Appeal

Any person aggrieved of an order passed by the *[Committee] relating to the price for vesting of free hold rights in favour of an occupant may file an appeal before the *[Government] who shall, as far as practicable, decide the same within 30 days of its filing. The decision of the *[Government] shall be final and binding.

*The words Committee” and “Government” substituted for “Administrative Department of the Government” and “Chief Minister” respectively by Act III of 2007, s. 6, w.e.f. 20-11-2006.

Conclusion

The Jammu and Kashmir State Lands (vesting of ownership to the occupants) Act 2001- (Roshni Act) with The Jammu and Kashmir state lands (vesting of ownership to the occupants) Rules, 2007. The government had changed by subsequent amendments the original Act to a completely whole different thing so as to forget about the very objective of generating the finance for power projects by introducing heavy discounts and rebates for vesting of ownership to the occupants of state land, which contributed in the failure to accomplish the very objectives desired for in the original Act, So the Act was repealed in 2018 as there were also reports of misuse of some of its provisions to benefit few affluent people.

The J&K State Lands (Vesting of Ownership to the Occupants) Act commonly known as Roshni Scheme had received the assent of the Governor on November 9, 2001 to give proprietary rights to the persons unauthorizedly holding the State land on payment of the cost equivalent to the prevailing market rate. The procedural wrangles as also the apprehension that the eviction of the unauthorized occupants will lead to mass unrest formed the base line and the bedrock of the legislation.

Subsequently, the Government vide SRO-64 dated May 5, 2007 made the Rules for mapping of the State land, issuance of the notification, disposal of property left by the unauthorized occupants, the procedure for auction and eviction, determination of market value, vesting of ownership to the occupants of the structures raised over the State land, the fixation of price payable by different categories of occupants, the incentive and penalty for payment etc.

Latterly, the J&K State Lands (Vesting of Ownership to the Occupants) (Repeal and Savings) Act was assented to by the then Governor on December 7, 2018 mentioning that any proceedings pending before any authority under the Act of 2001 shall not be proceeded with and all pending proceedings shall stand abated. But no decision was taken in respect of the land already transferred to large number of people under the garb of Roshni Scheme.

However, after detailed examination of the Act of 2001 and going through various judgements of Supreme Court as well as different High Courts of the country, the J&K Law Commission headed by Justice (Retd) M K Hanjura has recommended retrieval of the land transferred in favour of the illegal beneficiaries under the garb of the Act of 2001.

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CAG raps I-T dept for spending Rs 1,000 cr on lease regardless of having personal land

The income-tax division, grappling with tax slippages, appears to be additionally lagging in relation to optimum utilisation of its personal property. The division’s spends on workplace areas in Mumbai — thought-about to be the most costly actual property market in India — have been objected to by the Indian Audit and Accounts Service.

The audit workplace, a division of the Comptroller and Auditor Common of India, in its draft report, has highlighted that the tax division spent Rs 1,000 crore on leases regardless of possessing an enormous land financial institution at Nariman Level because the 1990s, sources stated. The audit workplace has sought particulars of the division’s rental bills previously 20 years for compiling a closing report, they stated.

The tax division was given the land at Mumbai’s posh location, measuring 2,786 sq. metre, with a minimal capability of 100,000 sq ft, in 1992. As a substitute of setting up an workplace constructing, the division lately took a number of flooring on lease on the close by Air India constructing.

The division has at the least 5 lease properties in prime areas akin to Piramal Chambers at Decrease Parel, Mittal Courtroom at Nariman Level. The rental bills of those properties run into crores of rupees.

A question despatched to CAG workplace didn’t elicit any response.

After the audit workplace’s objection, the Mumbai tax division is learnt to be getting ready a preliminary estimation to assemble an workplace constructing with advance services for officers and even taxpayers. A proposal will quickly be despatched to the Central Board of Direct Taxes for approval.

In keeping with sources, the tax division had invited bids for awarding building and designing of the mission three years again. Then the estimated building price was round Rs 120 crore, excluding the service fees and cess. The division had requested the bidders to execute the mission in 24 months. Nonetheless, this by no means materialised. The brand new proposal would possibly estimate improvement price at above Rs 200 crore, stated an individual within the know.

“(Not utilising the land for) the previous 20 years, is prison waste of cash… That is due to sheer bureaucratic delay and negligence,” a tax official stated.

This land acquired in-principle approval for building in 2008. However the matter was caught with the state on account of points with the ground house index (FSI). At current, the tax division has an approval for 3.5 FSI. “Initially, the Brihanmumbai Municipal Company (BMC) had two points with the land improvement. One, the proposed FSI, and second, assembly the Coastal Regulation Zone norms,” stated an official conversant in the event.

The official stated the division had earlier proposed 1:7 FSI, which was rejected. Later, the division introduced it all the way down to 1:3, which was accepted. Regardless of this, the event by no means took off. The division owns one other enormous land at Bandra Kurla Complicated, alloted in 2005 with a constructing potential of one other 100,000 sq ft. The Central Public Works division took the job of constructing a construction and accomplished it two years again.

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source https://webart-studio.com/cag-raps-i-t-dept-for-spending-rs-1000-cr-on-lease-regardless-of-having-personal-land/

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CreditAccess Grameen IPO Allotment and Listing Dates

CreditAccess Grameen IPO Allotment and Listing Dates

CreditAccess Grameen IPO Allotment and Listing Dates (CAGL IPO Allotment and Listing):

CreditAccess Grameen Ltd (CAGL) IPO bidding is going to start from August 08, 2018. And CreditAccess Grameen IPO subscription figures are expected to be good enough. While those who will be applying will be interested in knowing their CreditAccess Grameen IPO Allotment Date and Status.

Most of you will be…

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Government orders telcos’ audit, suspects under-reporting of revenues

NEW DELHI: At a time when the telecom industry is facing a severe financial distress, the government is understood to have ordered a comprehensive audit of their financial filings on suspicion of under-reporting of revenues.

The government, which gains revenues from the sector as a percentage of their adjusted gross revenues (AGR), feels that not all may be well when it comes to reporting of financial figures by the top telecom companies.

Those under the scanner, as per sources, include Bharti Airtel, Vodafone and Idea Cellular (who have merged their businesses now), Tata Tele (who has exited the telecom business), and new entrant Reliance Jio.

“Six auditors are expected to be appointed by the first week of January, and we are hopeful of completing the exercise over the next nine-month period,” the source said.

In July last year, CAG said in a report that under-reporting of revenues was done through accounting adjustments for commission or discount paid by the companies to their distributors, promotional schemes like free talk-time and discounts to post-paid subscribers and on roaming services.

The revenue was also understated by netting of revenue from infrastructure sharing and non-inclusion of forex gains, interest income and sale of investment, CAG had said.

Sources said the telecom ministry will be issuing notices to the companies as the audit process gets underway.

As per the telecom policy, mobile operators are required to share a percentage of their AGR with the government as annual licence fee. This comes to nearly 8% now. In addition, mobile telephone operators are also required to pay Spectrum Usage Charges (SUC) to the government for the use of radio frequency spectrum allotted to them.

CAG said the gross revenue of the licensee operator, as per the agreement with the Department of Telecom, prohibits any set-offs of related expenditure from revenue and norms for preparation of the accounts for payment of revenue share are built into the licence agreement.

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×   CLOSE MENU HOME CITY NATION BUSINESS WORLD VIVACITY AVENUES SPORTS COLUMNISTS STATE EDITIONS ˅ SUNDAY EDITION ˅ E-PAPER ˅ VIDEOS BREAKING NEWS I play according to the field: RohitBCCI names Saba Karim as GM - Cricket OperationsModi to launch Delhi Metro's Magenta Line on Dec 25SSB increased strength after Dokalam: RajnathRahul indulging in cheap barbs: BJPRahul Gandhi offers prayers at Somnath temple in Gujarat32 killed after bus falls into river in RajasthanED files charge sheet against Lalu's daughter Misa BhartiI play according to the field: RohitBCCI names Saba Karim as GM - Cricket Operations Home » Columnists »Oped COLUMNISTS 2G COURT IGNORED INDICTMENT BY SC Saturday, 23 December 2017 | J Gopikrishnan | in Oped 1 2 3 4 5 Award-winning investigative journalist J Gopikrishnan highlights loopholes in the trial court verdict in the 2G scam... Besides rejecting the deposition of then TRAI chairman Nripendra Mishra, the trial court chose to contradict the February 2, 2012 observation made by the Supreme Court during the cancellation of all the 122 telecom licences allotted by A Raja. The SC had observed, “The material produced before the (apex) court shows that the Minister (Raja) wanted to favour some companies at the cost of public exchequer.” The over 1,500 pages judgment by a trial court on Thursday acquitting all 19 accused, including former Telecom Minister A Raja and DMK MP Kanimozhi, in the 2G spectrum scam cases, overtly ignores the incriminating remarks of the Supreme Court in its February 2, 2012 ruling, in which Justices GS Singvi and AK Ganguly had cancelled all the 122 telecom licences at one stroke thus indicting Raja in the case. “The exercise undertaken under the leadership of the Minister (A Raja) was wholly arbitrary, capricious and contrary to public interest apart from being violative of the doctrine of the equality... “The material produced before the (apex) court shows that the Minister (Raja) wanted to favour some companies at the cost of public exchequer,” said the verdict delivered by the SC. The SC ruling — which came in response to a Public Interest Litigation, filed by Subramanian Swamy and Prashant Bhushan, seeking answers to whether the Government had a right to distribute natural resources in a manner that was not “fair and transparent”, and evidence submitted by them and by CBI and Enforcement Directorate (ED) —  went on to say, “Arbitrary action of the Minister (Raja) though appears to be innocuous was actually intended to benefit some of the real estate companies who did not have any experience in the dealing the telecom services.” Keeping in view the SC observation, it is intriguing how come a trial court judge’s verdict simply claims the evidence provided were insufficient to prove the criminality of the accused. If the same documents convinced the SC, then how is that they failed to convince the trial court? Delivering the judgment, the trial court judge, OP Saini, cleared all the accused of all charges. Also, he declared that there is no convincing evidence against the accused. Saini’s observation is in contrast to what he had observed in his own judgment on February 4, 2012. He had then said he “has enough evidence to prosecute Raja”. This assertion was made on the petition by Swamy to prosecute then Finance Minister P Chidambaram for engaging in conspiracy with Raja in the price fixing and approving the licences. In that judgment, the trial court judge had given a clean chit to Chidambaram, saying that Swamy had failed to prove the criminality of Chidambaram, but he had conceded that there was enough evidence to prove the criminality of Raja. The judgment agreed that the documents provided by Swamy showed that Chidambaram and Raja together fixed the base price for the controversial allotments of the 2G spectrum. Was it Swamy’s job to prove Chidambaram’s criminality? It would have been fair if the judge or the apex court ordered the CBI to verify Swamy’s charges against Chidambaram. Anyway it is an open secret that courts won’t so easily go against top sitting powerful Ministers after the landmark Allahabad High Court judgment against then Prime Minister Indira Gandhi led to the imposition of Emergency. Now, the moot question is how the set of evidence to establish Raja’s criminality as detailed in the February 4, 2012 judgment by Saini became so unconvincing that the same judge acquitted Raja of all charges about six years later. Moreover, the trial court not just ignored the SC ruling and evidence, but it vent ire against the prosecution. Being a regular visitor to the 2G Court, I have witnessed Judge Saini praising the SC-appointed Special Public Prosecutors (SPP) UU Lalit and Anand Grover on many occasions. He had even agreed to add charges under Breach of Public Trust against Raja and other accused on the recommendation of Lalit. Lalit led the majority part of prosecution till August 2014, after which he was elevated as a SC Judge. Grover took charge from September 2014 and led the final arguments. Many times I have witnessed the Judge fully agreeing to and appreciating the arguments and evidence put forward by Lalit and Grover. I have seen the appreciation by Judge Saini on deposition of star witnesses, like the 2G scam whistleblower Aseervatham Achary and then TRAI chairman Nripendra Mishra, currently Principal Secretary to Prime Minister Narendra Modi. Considering all these, it is shocking to find his observation that he “waited all these years for evidence”. This catchphrase looks similar to the dialogue of the Judge character in the famous sarcastic movie on judicial system — Jolly LLB. It is interesting to note in the judgment, Judge Saini says Nripendra proved that Raja violated the TRAI Act. What was proved by Nripendra? He proved during his deposition that among the 122 licences allotted, 85 belong to new companies, including the shell companies of real estate companies owned by accused like Shahid Balwa, Vinod Goenka and Sanjay Chandra. As per the TRAI Act, it needs TRAI’s mandatory clearance to allow a new firm to operate in telecom sector. This violation was the crux in the SC judgment. This was the major evidence cited in the CAG report and CBI’s charges. And during his deposition also then TRAI chairman Nripendra proved it, says Judge Saini in his controversial judgment. Then how is that he acquitted all by complaining  about the lack of evidence? The judgment also simply ignores the deposition of whistleblower Aseervatham Achary to give clean chit to Raja and Kanimozhi. The Judge says as Achary had political ambitions, therefore, his deposition cannot be taken at face value. Is having political ambition a crime? How can one ignore that the facts provided by CBI were corroborated by Achary’s deposition?   What is the basic of 2G scam and evidence provided? 1. Raja allotted telecom licences in 2008 at a price fixed in 2001 by violating the Cabinet decision of October 2003 and TRAI recommendations. In 2001, there were only three million mobile users and in 2008 the number of mobile users surged to 360 million. So he made a gross loss to the exchequer by indulging in favouritism. 2. Raja preponed the last date of application from October 1, 2007 to September 25. How can he prepone? On January 10, 2008 (scam day) at 2.30 pm, the Telecom Department issued a controversial press release on this controversial decision. 3. The Press release also said all operators have to pay the licence fee ranging up to Rs 1,658 crore in demand draft between 3.30 pm and 4.30pm on the same day! How can you make high value demand drafts in an hour and rush from banks to the Department of Telecom.? 4. The CBI and the CAG found all these demand drafts were made well in advance and some companies a week ago. This clearly shows that all the preferred companies were given information in advance. If this is not criminal conspiracy, then what is criminal conspiracy? Achary in his deposition corroborated evidence saying the accused players were in touch with Raja on regular days before the scam day January 10, 2008. 5. The CBI and the ED gave crystal clear bank transaction evidence of Rs 200 crore kickbacks to DMK MP Kanimozhi-controlled Kalaignar TV by Swan Telecom owners in circuitous transaction. The money transferred between 2008 and 2009 was all of a sudden returned through banking channels hours after CBI summoned Raja in December 2010. Is this not an evidence of kickbacks, then what more proof the CBI and the ED can give? If this is not convincing to a Judge, what more we can say? As the laws on contempt of court implies strong provisions let me limit myself to say this is a bad judgment. The Government, the CBI, the ED and Chief Prosecutor Anand Grover should immediately challenge this judgment by filing an appeal in the Delhi High Court. There should be a well-coordinated strategy in filing appeal to bring justice in this grand loot of 2G scam. Appeal hearings should be conducted on daily basis to avoid the case being dragged for years. We have seen frauds committed by then tainted CBI director Ranjit Sinha in mid-2014. He was removed from the 2G scam probe by the SC, and now he is facing investigation in trying to sabotage the coal scam. Most of the accused were caught paying clandestine visits to his home at nights. There are many such hurdles faced by investigators. ED’s Investigating Officer Rajeshwar Singh is still facing all kind of hardships created by the corrupt politicians and corporates. Many times, the SC has warned the Government on this. Recently also attempts were made to shunt him out from ED as soon as after he attached Karti Chidambaram’s bank accounts in connection with the Aircel-Maxis scam. We have seen the shunting of CBI Joint Director Ashok Tiwari to Himachal Road Transport Corporation for summoning Chidambaram in December 2014. It is high time Prime Minister Narendra Modi fixed the investigation and prosecution in high-profile corruption cases where all sorts of unholy nexus work, including judicial fixing. Niira Radia tapes remind us how some judgments were written by someone outside the judiciary and transferred in pen drives to certain judges concerned. These murky things have to end and it is the responsibility of the Modi-led Government which came to power on the promises to fight against corruption. The 2G trial court judgment is black chapter in the history of judiciary. This judgment shows how crony capitalism and corrupt lobbies survive and escape prosecution despite foolproof incriminating evidence. There are many factual errors in the trial court’s judgment and I am doing forensic reading of this bad judgment to list it out. I will hand over the list of errors to the CBI, the ED and prosecutor Anand Grover. I will do this duty as a citizen of this country. Fiat justitia ruat caelum.  This famous Latin legal phrase means, “Let justice be done though the heavens fall.” Let us be optimistic that higher forum of Indian judiciary will do justice and undo the bad judgment of the 2G trial court. (The writer is a senior journalist with The Pioneer. He exposed the 2G scam in a series of reports starting on December 11, 2008. For his extraordinary investigative journalism he was bestowed with the Ramnath Goenka Journalist of the Year Award in 2012. He has also bagged several prestigious awards, like CNN-IBN television channel’s ‘Indian of the Year’ (Special category) in December 2010, and Rajasthan Patrika newspaper’s KC Kulish International Award for Excellence in Journalism 2010. He was one of the initial complaints against the 2G scam to the CBI, and deposed before the Public Accounts Committee of Parliament)       1 2 3 4 5 8   VIDEO : White Zimbabwean farmer returns to seized land White Zimbabwean farmer returns to seized landNews   POST YOUR COMMENTS ADVERTISEMENT MORE NEWS Gimmicks don’t work 23 Dec 2017 | Pioneer | in Edit A hug in time 23 Dec 2017 | Pioneer | in Edit California’s forest fires and some burning questions 23 Dec 2017 | Hiranmay Karlekar | in Edit A brilliant new take 22 Dec 2017 | Kushan Mitra | in Automobile Destruction has come knocking at the door 22 Dec 2017 | Garima Maheshwari | in Oped Another precipice in South Africa 22 Dec 2017 | Gwynne Dyer | in Oped Is Myanmar destined for partition? 22 Dec 2017 | Prakash Shah | in Oped And quiet flows the Ganga 22 Dec 2017 | Pioneer | in Edit Nobody scammed India 22 Dec 2017 | Pioneer | in Edit Police reforms: No takers even after all these years 22 Dec 2017 | Ajoy Kumar | in Edit OUR COLUMNISTS CHANDAN MITRA SWAPAN DASGUPTA KANCHAN GUPTA SHOBORI GANGULI ASHOK MALIK ASHOK K MEHTA HIRANMAY KARLEKAR CLAUDE ARPI SANDHYA JAIN BALBIR PUNJ ISHAN JOSHI KUSHAN MITRA KG SURESH KALYANI SHANKAR ROHIT BANSAL AMIT GOEL HARI SHANKAR VYAS PRAMOD PATHAK SWARN KUMAR ANAND VINAYSHIL GAUTAM RAJESH SINGH KOTA SRIRAJ A SURYA PRAKASH KAPIL DUDAKIA MAKHAN SAIKIA NAVNEET ANAND PRASHANT TEWARI PRAVIN SAWHNEY RAJARAM PANDA SHREYA KEDIA HOMEABOUT USCONTACT USADVERTISE WITH USARCHIVE Copyright © 2017 The Pioneer. All Rights Reserved Site Designed and Developed by: Infomedia Web Solutions Page generated in 0.5598 seconds.

[khabarsamay]

219th Meeting of Central Board of EPFO Held

The 219th meeting of the Central Board of Employees’ Provident Fund Organisation (EPFO) held in New Delhi yesterday under the chairmanship of Union Minister of Labour & Employment Shri Santosh Kumar Gangwar. Following where are the key decisions of the Board:- a)The Board took note of the 10 requests from ineligible establishments for waiver of damages during the period May 20, 2017, to September 30, 2017, which were earlier rejected by EPFO. b)The Central Board started investing in Equity Exchange-Traded Funds (ETFs) from August 2015. The Accounting Policy for valuation and accounting of equity investments were prepared in consultancy with IIM Bangalore.  The observations of the CAG were also incorporated in the accounting policy. The same was approved by the Central Board. c) The present decentralized system of EPFO for making payment to its beneficiaries involves higher cost of transactions, delays in recredits in case of the failed transaction and does not provide for AADHAAR enabled payments.  Hence, EPFO proposed to move towards the Centralised Payment System using National Payments Corporation of India (NPCI) platform.  The benefits of the proposed system are:- Funds will be transferred on the same day to the beneficiaries through NPCI platform. The office may reconcile the transaction status on the T+0 basis.  This will result in early recredit in the accounts of beneficiaries in the case of failed transactions. Availability of the facility of AADHAAR enabled transfer of funds. Transaction cost by way of bank charges will also come down. The Board gave in-principle approval for the same.The Central Board also took note of the recent IT-based initiatives of EPFO for better services to its stakeholders:- (1)  Online Adhaar Verified UAN allotment to any citizen at Unified Portal:  Universal Account Number (UAN) is mandatory for filing the returns and depositing the contributions.  However, the establishments face difficulties in seeding Aadhaar details of the employees.  To obviate this difficulty, an open functionality has been introduced through which any citizen / present prospective employee can generate his/her UAN on the basis of Aadhaar and link his KYC details. The registration facility is available at Member Interface in the Unified Portal (https://unifiedportal-mem.epfindia.gov.in/memberinterface/).  It is an online facility, there is no need to submit any physical documents. (2) Introduction of Online request functionality to EPF Subscribers for correction in Name, DoB, and Gender: In line with the decision of Government for digital India, a functionality has been developed where a member can give online request to his/her employer at Member Interface in the Unified Portal (https://unifiedportal-mem.epfindia.gov.in/memberinterface/) for correction in Name, DoB, and Gender. EPFO is committed to strengthening the e-governance system to bring more transparency and to provide better services to its stakeholders. EPFO has already launched a number of e-governance initiatives such as Electronic Challan-cum-Return, Member e-passbook, payment through National Electronic Fund Transfer, Online Registration of Establishments, Mobile governance, Online receipt of claims, Auto transfer of Accounts etc. Read the full article

[mayapraharaj]

World Population Day 2017

http://ift.tt/2sKdKlS

RESERVE ENOUGH LAND FOR URBAN HOUSING IN ODISHA

The World Population Day is observed on July 11 to raise awareness on global population issues. The date of observance was inspired by that of Five Billion Day when the world’s population reached five billion on July 11, 1987. The day is celebrated since 1989, the year of its announcement. The current world population is 7.5 billion as of July 2017. The population explosion is one of the major global concerns and this issue of uncontrolled population growth is giving birth to other major problems. By the year 2025, the world population will increase by at least 50 per cent and these people will need housing and other infrastructural facilities to work and live.

Housing is a fundamental human need and the relationship between population and housing is two-sided. Population change leads to a changing demand for housing. Population growth, particularly a growth in the number of households, leads to a growth in housing demand. With rapid urbanisation, large-scale migration is taking place from rural to urban areas in search of livelihood opportunities, adding to the internal population growth of the cities. Unfortunately, one-fifth of the world's population lives in slums. In the absence of inclusive urban planning, this creates shortage of housing, water, sanitation, health, education, social security and livelihood. The annual percentage of population growth in India was 1.21 per cent in 2011. Thirty-one per cent of India’s population (377 million people) lives in urban areas while 69 per cent (833 million) is rural. The national urban housing shortage in 2012 was 18.78 million houses; 96 per cent was for economically weaker sections (EWS) and low-income groups (LIG). This is projected to increase to 34 million units by 2022.

As per the 2011 Census, Odisha, with 41 million people, is the eleventh-most populous Indian State. Over the last decade, Odisha has witnessed a growth rate of 14.1per cent population rise while the urban population increased at a rate of 27.2 per cent. There are shortages of 4,10,000 dwelling units for EWS/LIG housing in Odisha. Besides, lack of affordable housing leads to slums in many parts of the State. The land everywhere is under pressure due to the population growth and economic development.

In 2007, a housing shortfall of about 1, 50,000 units were estimated in Bhubaneswar and Cuttack region alone by their respective development plans. A recent State wide estimate by the Technical Group on Urban Housing Shortage (2012-17) states that there is a shortfall of about 4, 10,000 housing units in Odisha. It is further estimated that approximately 3,60,000 affordable dwelling units would have to be added in the Bhubaneswar - Cuttack region, exclusively, to accommodate the growth during the next ten years in these areas.

Most of the upcoming developments in Bhubaneswar and Cuttack region are HIG housing with some MIG housing.  The developments within the proximity of the core cities have not shown any progress towards creation of housing stock for low-income groups.       In Odisha percentage of slum population is 23.1. In Bhubaneswar over 30 per cent population live in slums. Increase in land value, cost of construction and lack of affordability for the people are the major reasons for the shortage of housing in Bhubaneswar.

In the last four years, several cases of violations of housing and land rights have been reported across the country. Despite the existence of a rural housing scheme operational since 1985, the national rural housing shortage was 40 million households; 90 per cent for ‘below poverty line’ households. Over 13 per cent (23.7 million) of rural households live in one room with kutcha (mud/temporary) walls and roof. In 2014, the Comptroller and Auditor General of India (CAG) highlighted irregularities in IAY, including: ineligible persons receiving benefits; failure to allot units in women’s names; delay in completion of houses; poor quality of construction; and, diversion and misappropriation of funds.

The Government of Odisha has taken up “Housing for All” as a top priority mission at the State level. The Government has envisaged establishment of a Mission and earmarking of adequate financial, technical and managerial resources to this effort. Towards creating a comprehensive, holistic policy framework to address all aspects of housing for the urban poor including slum rehabilitation and redevelopment as well as new housing and rental housing, the State Government has introduced the "Policy on Housing for All in Urban Areas, Odisha, 2015" on August 14, 2015. The policy is drafted in lieu of the Central Government scheme of Pradhan Mantri Awas Yojana (PMAY).

Besides, the Housing for All schemes would ensure every urban poor to own a house. Odisha has been included in the Housing-for-All scheme under the PMAY. Odisha’s 42cities have been included in the list of over 305 cities and towns across nine States for implementing the scheme. A basic need in cities is shelter. The first step in creating sustainable urban settlements is to recognize that poor people have a right to live in proper shelters. Therefore, urban human settlements require a more inclusive approach to planning and land management to sustain all the people who live in the settlement. The Indian Government has started recognizing informal settlements, regularizing unauthorized constructions and changing planning standards to meet the needs of the poor better. However, the slum problems cannot be solved by focusing on the cities alone.

A comprehensive solution is necessary for development of rural areas with improved infrastructures, education and employment opportunities. Cities without slums should be the objective of all urban planning for social and economic development. There is a need to reserve lands in every urban development project. This would enable continuous supply of serviced land for EWS and LIG housing and solve the housing problems in Odisha.

via Blogger

[myupdatestudio-blog]

New Post has been published on Myupdatestudio

New Post has been published on https://myupdatestudio.com/ghaziabad-up-government-seeks-property-details-of-gda-officials-staff/

Ghaziabad: UP government seeks property details of GDA officials, staff

To tighten the noose across the corrupt officials and additionally to make certain adherence to the Uttar Pradesh government Servants Behavior Rules, 1956, the country government has now ordered the officers and team of workers of all improvement authorities, together with the Ghaziabad development authority (GDA), to claim their moveable and immovable assets via April 6.

                                           UP Government

Ghaziabad News

After Yogi Adityanath took over as chief minister, he had directed all nation authorities officials to claim their income and property inside 15 days. The CM had additionally ordered all his ministers to do the identical.

“The declaration can be made by using all A, B, C and D category employees of the GDA. They had been asked to put up details to the appointing authority. As in step with our estimates, rarely 10-20 men and women submitted info even though the Regulations nation that such info are to be submitted on appointment and every five years thereafter,” said DP Singh, an officer on unique obligation, GDA.

category ‘A’ employees include pinnacle ranked officers up to govt engineers. class ‘B’ consists of officers as much as an assistant engineer at the same time as class ‘C’ consists of junior engineers, the clerical body of workers, etc. The authority has almost 1, two hundred personnel.

Off and on, there had been allegations of corruption in opposition to officials and group of workers of diverse authorities inside the nation. In Noida, former chief engineer of Noida authority Yadav Singh and some different officers are facing fees of corruption and granting favors in contracts.

Former UP leader secretary Neera Yadav become additionally convicted by using a Ghaziabad courtroom in reference to irregular allotment/conversion of plots in Noida at the same time as she served in Noida authority.

In his marketing campaign speech at a rally earlier than the meeting election, High Minister Narendra Modi had come down closely on corruption inside the state and promised a CAG audit of GDA and all improvement authorities if the BJP is elected to strength.

After taking rate, the leader minister had additionally harassed on punctuality in authorities places of work.

To implement this, the GDA has hooked up seven biometric machines for recording attendance. The officers stated the attendance gadget will also be linked to the payroll gadget so that revenue deductions can take area, therefore. The biometric machines have been installed but now not positioned to apply by means of the staff at some point of the previous regime.

“These had been placed to apply the guidelines of the authorities. the body of workers must mark attendance before 10 am, else they will be marked absent. If any worker comes past due for three days, an afternoon of informal depart might be marked. For routine latecomers, the disciplinary movement may be taken,” Singh stated.

Ought to You Post Your Rental belongings details On-line?

Online advertising provides easy access to anybody, anywhere and at any time and that is proper for human beings looking for the excellent Apartment houses too. Irrespective of whether or not humans are searching out brief-time period or lengthy-time period rentals, possibilities are that they do no longer have the time required to look for what they want. in the modern busy lifestyle, human beings are looking for methods that may make the works quicker and in an efficient way. Records say that nowadays an increasing number of people are relying on the net for locating any facts they want and this is applicable to looking for Condo residences too. that is why it’s far advocated by using professional realtors that people having properties and are searching out the proper tenants can Put up the information about their homes on web sites supplying the ability to Post Condominium belongings categorized ad.

As These web sites offer the opportunity to even Publish the pictures, homeowners may be benefited. Because the human beings seeking out a residence will study the images On line, they may go to to see the house best while they’re inspired by using the photos. This reduces the hassles involved in touring each and every residence and the owners may be benefited as they are able to show their houses physically simplest to the ones, who are impressed with the snap shots and are displaying actual interest toward hiring the residence. now not only snap shots, the owners can offer anything information they want to Submit. Like for instance, in the event that they have absolutely supplied their belongings, they can offer the info, with a purpose to assume higher rent.

Similarly, maximum of the web sites providing the ability to Post Rental belongings classified ad, provide this provider free of cost. As soon as the best local portal is located and listed, the owners will start to get quite a few inquiries as this means of marketing can easily attain the intended target market.

UP Movie

The cutting-edge fashion shows that people searching for Rental residences via newspapers is lowering and increasingly more human beings are relying on the internet. additionally, they will not need to pay any addition fee like purchasing newspaper as they have already got a web connection. that is beneficial for assets proprietors as well as they need no longer have to pay for posting their ads like within the case of newspapers and magazines. also, home Condominium classified ads On-line may also attain global target market other than local people.

A Historical past Check Investigation Is wanted for property details It is a superb idea to look what Background checks Investigation can do in relation to locating facts that relate to how a property is being treated. Awesome belongings evaluate can paintings for Background checks Research as a means of giving people an idea of how a property works and whether or not or no longer a sure domestic is secure.

A Background checks Research could be used with an easy characteristic in mind. It will work by way of taking a observe the records of a property on the subject of what it has been used for in the past. This consists of taking a have a look at instances wherein a asset has been transferred from one institution to the subsequent. It is usually info on while objects were protected in some problems like a foreclosure.

There also are instances wherein Background exams investigations may also evaluate checks on whether or now not any enormous changes have been made to a assets. This includes info on whether or not or now not whatever has been changed or up to date and refurbished. that is a necessity because some homes may become being riskier than others if they’re up to date with new things. These may additionally consist of a few things that a belongings has never requested to get help from. that is needed to keep matters covered as well as feasible.

The subsequent point of Heritage checks investigations is to peer if there were any damages to a assets inside the past. This consists of damages from things like a heart or flood amongst other issues. some people have a tendency to cover these things of their reviews when they are seeking to promote their properties.

Propwall

Those are risks that need to be visible cautiously while getting a home. The problem is that a domestic’s value may additionally emerge as being higher than it must be if there are some dangers that come with it. also, the condition of the assets may be sealed up by using some records based totally on what goes on. a few people will cowl up information simply to make some thing a touch more marketable. this is a chance that could impact what a person may also get out of a property and ought to be checked on as a way of locating A great property.

[mc-kannappa]

×   CLOSE MENU HOME CITY NATION BUSINESS WORLD VIVACITY AVENUES SPORTS COLUMNISTS STATE EDITIONS ˅ SUNDAY EDITION ˅ E-PAPER ˅ VIDEOS BREAKING NEWS I play according to the field: RohitBCCI names Saba Karim as GM - Cricket OperationsModi to launch Delhi Metro's Magenta Line on Dec 25SSB increased strength after Dokalam: RajnathRahul indulging in cheap barbs: BJPRahul Gandhi offers prayers at Somnath temple in Gujarat32 killed after bus falls into river in RajasthanED files charge sheet against Lalu's daughter Misa BhartiI play according to the field: RohitBCCI names Saba Karim as GM - Cricket Operations Home » Columnists »Oped COLUMNISTS 2G COURT IGNORED INDICTMENT BY SC Saturday, 23 December 2017 | J Gopikrishnan | in Oped 1 2 3 4 5 Award-winning investigative journalist J Gopikrishnan highlights loopholes in the trial court verdict in the 2G scam... Besides rejecting the deposition of then TRAI chairman Nripendra Mishra, the trial court chose to contradict the February 2, 2012 observation made by the Supreme Court during the cancellation of all the 122 telecom licences allotted by A Raja. The SC had observed, “The material produced before the (apex) court shows that the Minister (Raja) wanted to favour some companies at the cost of public exchequer.” The over 1,500 pages judgment by a trial court on Thursday acquitting all 19 accused, including former Telecom Minister A Raja and DMK MP Kanimozhi, in the 2G spectrum scam cases, overtly ignores the incriminating remarks of the Supreme Court in its February 2, 2012 ruling, in which Justices GS Singvi and AK Ganguly had cancelled all the 122 telecom licences at one stroke thus indicting Raja in the case. “The exercise undertaken under the leadership of the Minister (A Raja) was wholly arbitrary, capricious and contrary to public interest apart from being violative of the doctrine of the equality... “The material produced before the (apex) court shows that the Minister (Raja) wanted to favour some companies at the cost of public exchequer,” said the verdict delivered by the SC. The SC ruling — which came in response to a Public Interest Litigation, filed by Subramanian Swamy and Prashant Bhushan, seeking answers to whether the Government had a right to distribute natural resources in a manner that was not “fair and transparent”, and evidence submitted by them and by CBI and Enforcement Directorate (ED) —  went on to say, “Arbitrary action of the Minister (Raja) though appears to be innocuous was actually intended to benefit some of the real estate companies who did not have any experience in the dealing the telecom services.” Keeping in view the SC observation, it is intriguing how come a trial court judge’s verdict simply claims the evidence provided were insufficient to prove the criminality of the accused. If the same documents convinced the SC, then how is that they failed to convince the trial court? Delivering the judgment, the trial court judge, OP Saini, cleared all the accused of all charges. Also, he declared that there is no convincing evidence against the accused. Saini’s observation is in contrast to what he had observed in his own judgment on February 4, 2012. He had then said he “has enough evidence to prosecute Raja”. This assertion was made on the petition by Swamy to prosecute then Finance Minister P Chidambaram for engaging in conspiracy with Raja in the price fixing and approving the licences. In that judgment, the trial court judge had given a clean chit to Chidambaram, saying that Swamy had failed to prove the criminality of Chidambaram, but he had conceded that there was enough evidence to prove the criminality of Raja. The judgment agreed that the documents provided by Swamy showed that Chidambaram and Raja together fixed the base price for the controversial allotments of the 2G spectrum. Was it Swamy’s job to prove Chidambaram’s criminality? It would have been fair if the judge or the apex court ordered the CBI to verify Swamy’s charges against Chidambaram. Anyway it is an open secret that courts won’t so easily go against top sitting powerful Ministers after the landmark Allahabad High Court judgment against then Prime Minister Indira Gandhi led to the imposition of Emergency. Now, the moot question is how the set of evidence to establish Raja’s criminality as detailed in the February 4, 2012 judgment by Saini became so unconvincing that the same judge acquitted Raja of all charges about six years later. Moreover, the trial court not just ignored the SC ruling and evidence, but it vent ire against the prosecution. Being a regular visitor to the 2G Court, I have witnessed Judge Saini praising the SC-appointed Special Public Prosecutors (SPP) UU Lalit and Anand Grover on many occasions. He had even agreed to add charges under Breach of Public Trust against Raja and other accused on the recommendation of Lalit. Lalit led the majority part of prosecution till August 2014, after which he was elevated as a SC Judge. Grover took charge from September 2014 and led the final arguments. Many times I have witnessed the Judge fully agreeing to and appreciating the arguments and evidence put forward by Lalit and Grover. I have seen the appreciation by Judge Saini on deposition of star witnesses, like the 2G scam whistleblower Aseervatham Achary and then TRAI chairman Nripendra Mishra, currently Principal Secretary to Prime Minister Narendra Modi. Considering all these, it is shocking to find his observation that he “waited all these years for evidence”. This catchphrase looks similar to the dialogue of the Judge character in the famous sarcastic movie on judicial system — Jolly LLB. It is interesting to note in the judgment, Judge Saini says Nripendra proved that Raja violated the TRAI Act. What was proved by Nripendra? He proved during his deposition that among the 122 licences allotted, 85 belong to new companies, including the shell companies of real estate companies owned by accused like Shahid Balwa, Vinod Goenka and Sanjay Chandra. As per the TRAI Act, it needs TRAI’s mandatory clearance to allow a new firm to operate in telecom sector. This violation was the crux in the SC judgment. This was the major evidence cited in the CAG report and CBI’s charges. And during his deposition also then TRAI chairman Nripendra proved it, says Judge Saini in his controversial judgment. Then how is that he acquitted all by complaining  about the lack of evidence? The judgment also simply ignores the deposition of whistleblower Aseervatham Achary to give clean chit to Raja and Kanimozhi. The Judge says as Achary had political ambitions, therefore, his deposition cannot be taken at face value. Is having political ambition a crime? How can one ignore that the facts provided by CBI were corroborated by Achary’s deposition?   What is the basic of 2G scam and evidence provided? 1. Raja allotted telecom licences in 2008 at a price fixed in 2001 by violating the Cabinet decision of October 2003 and TRAI recommendations. In 2001, there were only three million mobile users and in 2008 the number of mobile users surged to 360 million. So he made a gross loss to the exchequer by indulging in favouritism. 2. Raja preponed the last date of application from October 1, 2007 to September 25. How can he prepone? On January 10, 2008 (scam day) at 2.30 pm, the Telecom Department issued a controversial press release on this controversial decision. 3. The Press release also said all operators have to pay the licence fee ranging up to Rs 1,658 crore in demand draft between 3.30 pm and 4.30pm on the same day! How can you make high value demand drafts in an hour and rush from banks to the Department of Telecom.? 4. The CBI and the CAG found all these demand drafts were made well in advance and some companies a week ago. This clearly shows that all the preferred companies were given information in advance. If this is not criminal conspiracy, then what is criminal conspiracy? Achary in his deposition corroborated evidence saying the accused players were in touch with Raja on regular days before the scam day January 10, 2008. 5. The CBI and the ED gave crystal clear bank transaction evidence of Rs 200 crore kickbacks to DMK MP Kanimozhi-controlled Kalaignar TV by Swan Telecom owners in circuitous transaction. The money transferred between 2008 and 2009 was all of a sudden returned through banking channels hours after CBI summoned Raja in December 2010. Is this not an evidence of kickbacks, then what more proof the CBI and the ED can give? If this is not convincing to a Judge, what more we can say? As the laws on contempt of court implies strong provisions let me limit myself to say this is a bad judgment. The Government, the CBI, the ED and Chief Prosecutor Anand Grover should immediately challenge this judgment by filing an appeal in the Delhi High Court. There should be a well-coordinated strategy in filing appeal to bring justice in this grand loot of 2G scam. Appeal hearings should be conducted on daily basis to avoid the case being dragged for years. We have seen frauds committed by then tainted CBI director Ranjit Sinha in mid-2014. He was removed from the 2G scam probe by the SC, and now he is facing investigation in trying to sabotage the coal scam. Most of the accused were caught paying clandestine visits to his home at nights. There are many such hurdles faced by investigators. ED’s Investigating Officer Rajeshwar Singh is still facing all kind of hardships created by the corrupt politicians and corporates. Many times, the SC has warned the Government on this. Recently also attempts were made to shunt him out from ED as soon as after he attached Karti Chidambaram’s bank accounts in connection with the Aircel-Maxis scam. We have seen the shunting of CBI Joint Director Ashok Tiwari to Himachal Road Transport Corporation for summoning Chidambaram in December 2014. It is high time Prime Minister Narendra Modi fixed the investigation and prosecution in high-profile corruption cases where all sorts of unholy nexus work, including judicial fixing. Niira Radia tapes remind us how some judgments were written by someone outside the judiciary and transferred in pen drives to certain judges concerned. These murky things have to end and it is the responsibility of the Modi-led Government which came to power on the promises to fight against corruption. The 2G trial court judgment is black chapter in the history of judiciary. This judgment shows how crony capitalism and corrupt lobbies survive and escape prosecution despite foolproof incriminating evidence. There are many factual errors in the trial court’s judgment and I am doing forensic reading of this bad judgment to list it out. I will hand over the list of errors to the CBI, the ED and prosecutor Anand Grover. I will do this duty as a citizen of this country. Fiat justitia ruat caelum.  This famous Latin legal phrase means, “Let justice be done though the heavens fall.” Let us be optimistic that higher forum of Indian judiciary will do justice and undo the bad judgment of the 2G trial court. (The writer is a senior journalist with The Pioneer. He exposed the 2G scam in a series of reports starting on December 11, 2008. For his extraordinary investigative journalism he was bestowed with the Ramnath Goenka Journalist of the Year Award in 2012. He has also bagged several prestigious awards, like CNN-IBN television channel’s ‘Indian of the Year’ (Special category) in December 2010, and Rajasthan Patrika newspaper’s KC Kulish International Award for Excellence in Journalism 2010. He was one of the initial complaints against the 2G scam to the CBI, and deposed before the Public Accounts Committee of Parliament)       1 2 3 4 5 8   VIDEO : White Zimbabwean farmer returns to seized land White Zimbabwean farmer returns to seized landNews   POST YOUR COMMENTS ADVERTISEMENT MORE NEWS Gimmicks don’t work 23 Dec 2017 | Pioneer | in Edit A hug in time 23 Dec 2017 | Pioneer | in Edit California’s forest fires and some burning questions 23 Dec 2017 | Hiranmay Karlekar | in Edit A brilliant new take 22 Dec 2017 | Kushan Mitra | in Automobile Destruction has come knocking at the door 22 Dec 2017 | Garima Maheshwari | in Oped Another precipice in South Africa 22 Dec 2017 | Gwynne Dyer | in Oped Is Myanmar destined for partition? 22 Dec 2017 | Prakash Shah | in Oped And quiet flows the Ganga 22 Dec 2017 | Pioneer | in Edit Nobody scammed India 22 Dec 2017 | Pioneer | in Edit Police reforms: No takers even after all these years 22 Dec 2017 | Ajoy Kumar | in Edit OUR COLUMNISTS CHANDAN MITRA SWAPAN DASGUPTA KANCHAN GUPTA SHOBORI GANGULI ASHOK MALIK ASHOK K MEHTA HIRANMAY KARLEKAR CLAUDE ARPI SANDHYA JAIN BALBIR PUNJ ISHAN JOSHI KUSHAN MITRA KG SURESH KALYANI SHANKAR ROHIT BANSAL AMIT GOEL HARI SHANKAR VYAS PRAMOD PATHAK SWARN KUMAR ANAND VINAYSHIL GAUTAM RAJESH SINGH KOTA SRIRAJ A SURYA PRAKASH KAPIL DUDAKIA MAKHAN SAIKIA NAVNEET ANAND PRASHANT TEWARI PRAVIN SAWHNEY RAJARAM PANDA SHREYA KEDIA HOMEABOUT USCONTACT USADVERTISE WITH USARCHIVE Copyright © 2017 The Pioneer. All Rights Reserved Site Designed and Developed by: Infomedia Web Solutions Page generated in 0.5598 seconds.