DAILY EXCELSIOR, JAMMU
WEDNESDAY, JUNE 11, 2014 (PAGE 7)
Speaker advises seniors not to
set bad example for new MPs
Need to reduce cost of doing
business in India: Jaitley
NEW DELHI, June 10:
There is a need to reduce the
cost of doing business in the
country to revive the investment
cycle, Finance Minister Arun
Jaitley has said.
"The Finance Minister
stressed upon the need to
improve the business climate
and reducing the cost of doing
business as important means for
revival of the investment cycle,"
an official statement said today.
He also emphasised on the
need for coordinated approach
by all sector regulators to
achieve financial stability.
"He referred to the high
political expectations from the
new government and the opportunity now available for resolving long-pending problems facing the economy," the statement
said.
Jaitley was speaking at the
meeting of the Financial Sector
Development Council (FSDC)
on Saturday. It was attended by
financial sector regulators
including the Reserve Bank
Governor Raghuram Rajan and
Sebi Chief U K Sinha.
The minister also cautioned
against slackening the vigil in
the area of fiscal consolidation.
Finance Secretary Arvind
Mayaram briefed the council on
the macro-economic situation
and improvement in twin
deficits.
"However, there is a long
way to go in terms of reviving
economic growth, controlling
inflation especially food infla-
tion, keeping deficit under control, addressing infrastructure
bottlenecks," Mayaram said.
He added that there is a need
to continue to be in a state of
preparedness for managing
external sector vulnerabilities.
Economic growth slowed to
4.7 per cent in 2013-14 and retail
inflation stood at a 3-year high
of 8.59 per cent in April.
Besides, fiscal deficit narrowed to 4.5 per cent of GDP in
2013-14 from 4.9 per cent in
previous year. The current
account deficit (CAD), which is
the difference between inflow
NEW DELHI, June 10:
and outflow of foreign funds,
dropped to 1.7 per cent of GDP
in 2013-14 from 4.7 per cent in
2012-13.
The financial sector regulators at the meeting presented
their suggestions on the forthcoming Budget 2014-15, as also
their ideas on next generation
financial reforms.
Among others who attended
the meeting were IRDA
Chairman T S Vijayan, FMC
Chairman Ramesh Abhishek,
PFRDA Officiating Chairman R
V Verma and other government
officials. (PTI)
P K Mishra appointed Additional
Principal Secretary to Modi
NEW DELHI, June 10:
Former Agriculture Secretary P K Mishra has been appointed
Additional Principal Secretary to Prime Minister Narendra Modi.
The appointment of Mishra, a 1972-batch retired IAS officer of
Gujarat cadre, will be co-terminus with the term of the Prime
Minister or till further orders, according to an official release
issued by the Ministry of Personnel today.
65-year-old Mishra had served between 2001 and 2004 as
Principal Secretary to Modi when he was Gujarat Chief Minister.
He was Secretary in the Ministry of Agriculture between
December 1, 2006 and August 31, 2008.
He was appointed Chairman of Gujarat Electricity Regulatory
Commission after his retirement in 2008 for a five- year term.
Mishra, considered close to Modi, has held various key positions at the Centre and in the Gujarat government. This is the second appointment in the Prime Minister's Office.
Former TRAI Chairman Nripendra Misra, 69, was on May 28
appointed Principal Secretary to Modi. He is a 1967-batch retired
IAS officer of Uttar Pradesh cadre.
Misra, who has served in various capacities in the government,
retired as the Chairman of Telecom Regulatory Authority of India
(TRAI) in 2009. (PTI)
Bollywood actors Dharmendra, Aamir Khan, Amitabh Bachchan and Saira Banu during the
launch of Dilip Kumar's autobiography "Substance and the Shadow" in Mumbai . (UNI)
Amitabh, Aamir launch Dilip Kumar's biography
MUMBAI, June 10:
Amitabh Bachchan and
Aamir Khan launched legendary actor Dilip Kumar's
biography at a five-star hotel
here.
Along with Dilip Kumar's
wife Saira Banu, the book
launch was attended by a host of
Bollywood celebrities here last
night.
The book, titled 'Substance
and Shadow', is authored by
Uday Tara Nayar, a close family
friend of the Bollywood thespian. It chronicles the life of
Kumar right from his childhood,
career, the ups and downs in his
life, his family and more.
"This evening is special and
we hope everyone likes his
biography. I am feeling great
today. It is a dream come true to
me. Everyone will know about
his childhood, growing up years
and you will hear it from him.
For the first time he has spoken
about it," Banu told reporters
here.
Aamir recited a poem
penned by Prasoon Joshi and
few actors came on stage to
share their experiences about
the veteran actor.
"It is a big day and I am big
fan of Yusuf (Dilip Kumar)
sahab. It is a memorable day. He
is such an inspirational figure to
me right through my career. I
have learnt so much from him.
Every time I watch his work I
feel am discovering him each
time. I am thrilled to be here,"
Aamir said.
"I am looking forward to
read the book where we will get
to know about his life, his experiences and it will be an opportunity for me to learn something
from this," he said.
The event was hosted by
filmmaker Karan Johar and was
attended by Bollywood personalities like Jeetendra, Vaijayanti
Mala, Zeenat Aman, Danny
Denzongpa, Javed Akhtar,
Salim Khan, Ustad Amjad Ali
Khan, Dharmendra, Madhuri
Dixit,
Priyanka
Chopra,
Subhash Ghai, Raju Hirani,
Sanjay Leela Bhansali, Riteish
Deshmukh, Kiran Rao among
others.
Noted actor Jeetendra said
he was a big fan of Dilip Kumar
and felt honoured to be present
at the book launch.
"I learnt a lot by just looking
and observing him," he said.
"It is a great honour to be
here. He is a legend. He is fond
of music and it is a great opportunity for all of us to be here. I
hope he has long life. We are
really proud of him," Ali Khan
said.
On the occasion, Madhuri
said, "He is a legendary actor
and a book on him is something
I am looking forward to. He has
been an inspiration not only to
actors but to everyone. As an
actor I would like to know how
he approached his roles and
what he went through when he
played the roles."
The veteran actor was born
as Mohammad Yusuf Khan but
adopted the screen name of
Dilip Kumar.
In a career spanning over six
decades, he gave hits like
'Madhumati, 'Devdas', 'Mughale-Azam', 'Ganga Jamuna', 'Ram
Aur Shyam, 'Karma' and others.
He was crowned as the
'Tragedy King' for playing a
doomed lover in films like
'Andaz',
'Baabul',
'Mela',
'Deedar' and 'Jogan' and others.
Dilip Kumar was last seen in
film 'Qila' in 1998.
He was honoured with the
Padma Bhushan in 1991 and the
Dadasaheb Phalke Award in
1994. (PTI)
Cong accuses Govt with 'copying' its agenda
NEW DELHI, June 10:
Congress today charged the
Government with "copying" its
agenda in the last 10 years in the
President's address and said it
had already implemented 90 per
cent of the schemes and policies
listed out by the NDA.
Leading the Congress' attack
while speaking on the Motion of
Thanks on the President's
address,
Leader
of
the
Opposition in Rajya Sabha
Ghulam Nabi Azad said BJP has
only listed out programmes that
have already been implemented
by the UPA.
Complimenting BJP for its
electoral victory, Azad said
Congress will play a constructive
role as an opposition, but reminded them of the responsibility
given by the people as "janadesh,
kursi, paisa" (verdict, money and
power) do not remain permanently with anyone.
Congress also targeted BJP
for promising welfare of minorities and said "this is like music
to my ears" which "we have
yearned for years to hear" and
wondered if it was a change of
heart for the good or just lip
service.
Taking a dig at the BJP slogan of "Sabka Saath, Sabka
Vikas (all together, development
for all), he said it is a mere translation of Manmohan Singh's
"inclusive growth" model.
"There is nothing in this that
we can support. It is a copy of
our schemes and programmes.
We have already implemented
90 per cent of the programmes
listed in this address. We have
done all these programmes," he
said.
"The Sabka Saath, Sabka
Vikas slogan is a mere translation of Dr Manmohan Singh's
model of inclusive growth," he
said, adding that he was trying to
understand what the slogan of
minimum Government and
maximum governance actually
meant.
On the Government's intent
to eradicate poverty, Azad said it
is a "good slogan" and the entire
opposition and Congress will
give a gold medal if they achieve
success, but questioned in what
time frame they will achieve so
and where will the resources
come from.
On BJP Government's bid to
reach out to minorities by promising their welfare in the
President's address, Azad said it
is good they have "realised late
than never" and added that its
top priority should be guarantee
the security of their life and
property.
Reciting Urdu couplets,
Azad hinted at trust deficit over
BJP's intention towards minorities.
He said whenever Congress
Government used to announce
any programme for the welfare
of minorities, it was termed as
"appeasement" by BJP.
"This is like music to my
ears that BJP talks of programmes for minorities. Our
ears were yearning for last 65
years to hear this. It is not just I
who wanted to hear this but the
entire Opposition. The revolution is not your getting 282. The
biggest revolution is this (BJP's
talk about welfare of minorities)," Azad said.
The Congress leader also
warned that the BJP will have to
take everyone along and not just
merely say that. "This government will have to provide a
guarantee to protect the life and
property of the minorities, which
should be the top priority for this
Government," he said.
He appeared to be reaching
out to non-BJP parties like
DMK, Left, SP, BSP and J-U,
saying it will be a matter of great
happiness for them as well if it
was really a "change of heart" of
BJP.
Azad, who had been a Health
Minister in UPA-II Government,
used the allegory of an infant to
describe the condition of the
newly-elected BJP-led NDA
government saying infant mortality rate is maximum within
the first week of birth to 28 days.
"You are in that stage," he said.
He said that even for copying
some knowledge is required and
added that the Government
could have at least changed the
language while doing so with
UPA's programmes. (PTI)
MILITARY ENGINEER SERVICE
1. Garrison Engineer, Nagrota-181221 on behalf of President of India invites applications from eligible enlisted Contractors of MES and enlisted/unenlisted contractors working with other Govt Departments meeting eligibility criteria for selection of Contractors for issue of tender for under mentioned
works:Ser.
No.
Name of work, Estimated Cost,
Completion period
Earnest Money
Cost of Tender
Last date of
receipt of
application
1
1.
2
Provision of certain sanction works at
Nagrota
Estimated cost- Rs 14.50 Lakhs
Period of completion-06 Months
4
28 June 2014
2.
Certain repairs to joinery, brick work, Plaster
internal water supply etc at Transit Camp
Under GE Nagrota
Estimated cost- Rs 14.60 Lakhs
Period of completion- 06 Months
Comprehensive B/R maint services for
Transit Camp at Jammu under GE Nagrota
Estimated cost- Rs 14.00 Lakhs
Period of completion- 06 Months
3
Rs 29,000/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
Rs 29,200/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
Rs 28,000/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
Rs 20,000/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
Rs 20,000/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
Rs 20,000/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
Rs 28,000/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
Rs 29,000/Rs 500/- in shape of
DD/Bankers Cheque from
Nationalised Bank in
favour of GE Nagrota
3.
4.
5.
6.
7.
8.
Certain repair to path, drain, culverts, and
hardstanding and certain sanction work at
South of NHW at Nagrota
Estimated cost- Rs 10.00 Lakhs
Period of completion- 06 Months
Certain repair to path, drain, culverts, and
hardstanding and certain sanction work at
Transit Camp Jammu under GE Nagrota
Estimated cost- Rs 10.00 Lakhs
Period of completion- 06 Months
Cleaning and repair to sewage system
South of NHW at Nagrota
Estimated cost- Rs 10.00 Lakhs
Period of completion- 11 Months
Cleaning of sewage lines, septic tanks and
soakage well with mechanical device in Transit
Camp Jammu and Charlie Hills under GE Nagrota
Estimated cost- Rs 14.00 Lakhs
Period of completion-06 Months
Provision of certain revenue, minor and
other sanction works at Nagrota
Estimated cost- Rs 14.50 Lakhs
Period of completion-06 Months
Eligibility
criteria for
MES
Contractors
5
Class “E’’
Category
“a(i), (ii)’’
Date of
issue/Date
of receipt of
tender
6
30 June 2014
21 July 2014
28 June 2014
Class “E’’
Category
“a(i), (ii)’’
30 June 2014
21 July 2014
28 June 2014
Class “E’’
Category
“a(i), (ii)’’
30 June 2014
21 July 2014
28 June 2014
Class “E’’
Category
“a(i)’’
30 June 2014
21 July 2014
28 June 2014
Class “E’’
Category
“a(i)’’
30 June 2014
21 July 2014
28 June 2014
Class “E’’
Category
“a(ii)’’
30 June 2014
21 July 2014
28 June 2014
Class “E’’
Category
“a(ii)’’
30 June 2014
21 July 2014
28 June 2014
Class “E’’
Category
“a(i)’’, (ii)’’
30 June 2014
21 July 2014
Note :
1. Application not accompanied by requisite value DD/Bankers Cheque towards cost of tender shall not be considered for issue of tender.
2. Eligibility Criteria for un-enlisted contractor
(i) Meeting enlistment criteria of MES with regard to having satisfactorily completed requisite value works, Annual turn over, Working Capital, Fixed Assets etc.
(ii) No recovery outstanding in Govt Deptt.
3. Contractors not enlisted with MES will be required to enclose necessary documents to prove their eligibility as given above.
4. In case of rejection of application for issue of Tender, the applicant shall be refunded the cost of tender. However Contractor may appeal to next higher Engineer Authority i.e HQ 135
Works Engineers for rejection of his application for issue of tender whose decision shall be final and binding and Contractor shall not be entitled to any compensation what so ever for non
issue of tender.
Sd/(A K Pathania)
AGE (Contracts)
For Garrison Engineer
Irked by frequent disruptions from senior members, Lok Sabha
Speaker Sumitra Mahajan today advised them to desist from it as
they would present a bad example before the newly elected MPs.
"This is not the way. So many new members have come and
some have returned after a few years. Please speak when you are
given the chance. Such interruptions are not correct," she said
telling them that disruptions would not set a good example for new
comers.
Her observation came during the debate on the Motion of
Thanks on the President's address, which was initiated by BJP
member Rajiv Pratap Rudy.
Rudy outlined the BJP government's plans for development and
criticised performance of the previous UPA government, inviting
sharp reaction from opposition benches.
TMC members Sultan Ahmed, Kalyan Banerjee, Congress'
Deepinder Singh Hooda and Adhir Ranjan Choudhury strongly
objected to the remarks and asked Rudy to concentrate on the
President's speech.
Noisy scenes were also witnessed when Rudy, without taking
any name, said the country's democracy has been "growing" in
such a manner that even if someone goes to jail, his spouse occupies his place as chief minister.
RJD members Rajiv Ranjan alias Pappu Yadav strongly objected to the remarks and came to the Well protesting as it was an
apparent reference to Rabri Devi wife of RDD supremo Lalu
Prasad.
Rudy, however, said if anyone was hurt by his remarks, he
withdrew the words. (PTI)
'India ranks 15th with 175,000
millionaire households in 2013'
NEW YORK, June 10:
India had 175,000 millionaire households in 2013, ranking
15th in the world, according to a wealth report which said the total
number of millionaire households in the world rose to 16.3 million last year.
The Boston Consulting Group's 14th annual report on the global wealth-management industry 'Riding a Wave of Growth: Global
Wealth 2014' said global private financial wealth grew by 14.6 per
cent in 2013 to reach a total of USD 152 trillion.
The rise was stronger than in 2012, when global wealth grew
by 8.7 per cent. The key drivers, for the second consecutive year,
were the performance of equity markets.
India ranked 15th last year and had 175,000 millionaire households. Its position improved slightly from 2012 when it had ranked
16 in the world for its number of millionaire households.
India is projected to become the seventh wealthiest nation by
2018. The number of ultra-high-net-worth (UHNW) households in
India, those with USD 100 million or more, stood at 284 last year.
The total number of millionaire households reached 16.3 million in 2013, up strongly from 13.7 million in 2012 and representing 1.1 per cent of all households globally.
The US had the highest number of millionaire households at
7.1 million, as well as the highest number of new millionaires at
1.1 million.
Robust wealth creation in China was reflected by its rise in millionaire households from 1.5 million in 2012 to 2.4 million in
2013, surpassing Japan.
The number of millionaire households in Japan fell from 1.5
million to 1.2 million, driven by the 15 per cent fall in the yen
against the dollar.
"As the debate over the global polarization of wealth rages on,
one thing is certain: more people are becoming wealthy," the report
said.
As in previous years, North America at USD 50.3 trillion and
Western Europe at USD 37.9 trillion remained the wealthiest
regions in the world, followed closely by Asia-Pacific at USD 37
trillion.
A key driver in the rise of private wealth in the Asia- Pacific
region has been strong GDP growth over the past five years, especially in China, India, and Indonesia, the report said.
Globally, the amount of wealth held privately rose by USD
19.3 trillion in 2013, nearly twice the increase of USD 10.7 trillion
seen in 2012.
The growth of private wealth was driven primarily by returns
on existing assets.
The highest density of millionaire households was in Qatar
(175 out of every 1,000 households), followed by Switzerland
(127) and Singapore (100).
The US had the largest number of billionaires, but the highest
density of billionaire households was in Hong Kong (15.3 per million), followed by Switzerland (8.5 per million).
At an expected growth of 9.1 percent over the next five years,
UHNW households are projected to hold 13 trillion dollars in
wealth by the end of 2018. (PTI)
Normal power supply to Delhi to
be restored in 15 days: Goyal
NEW DELHI, June 10:
As Delhi reeled under long spells of power outages and scorching summer heat, Power Minister Piyush Goyal today said it will
take 15 days to restore normal power supply even as temporary
measures to boost generation were put in place.
Goyal said the Centre has drawn up an action plan to ease the
power crisis in the city with short-term measures to generate 400
megawatts of additional power by tonight.
Speaking after a two-and-a-half hour emergency meeting with
Delhi's Lieutenant Governor Najeeb Jung and senior executives of
Delhi Transco, Power Grid Corporation and power utilities, the
minister warned that dilapidated power grids could not cope with
the extra electricity needed to meet demand.
Inadequate transmission lines meant Delhi could absorb 400
MW of power on top of its existing 5,300 MW, falling short of current peak demand of 5,800 MW.
He blamed the "massive policy paralysis, poor decision making" of the previous Delhi government for the problems in power
sector. The Centre has offered its assistance to the Delhi government and its utilities to restore power transmission systems in mission mode, the minister said.
Goyal, however, added that transmission lines damaged by last
month's severe storm will be repaired in 15 days.
Besides repairing broken lines within 24 hours, the government
has ordered GAIL to provide extra natural gas to power plants in
the national capital.
North India has endured a heatwave in the last week, with temperatures in some parts of Delhi reaching a 62-year high, sending
power demand surging.
The meeting was called amid protests in several parts of the
city over long and recurrent outages in the scorching summer heat.
Goyal said state-run NTPC Ltd has been asked to transfer some
of its natural gas to power projects run by the Delhi government to
increase local generation by 400 MW.
Also, state gas utility GAIL India Ltd will divert 0.9 million
standard cubic meters a day of domestic gas from the now-shut
Dabhol power plant in Maharashtra to units in Delhi to generate an
additional 218 MW, an oil ministry official said.
This will help BSES Rajdhani, BSES Yamuna and Tata Power,
the companies that supply electricity in Delhi, as they are unable
to draw power from projects located in other states because of the
damage to transmission lines. The discoms have also been directed to come up with daily bulletins on the schedule of outages at 8
am every day."A holistic vision and plan for Delhi has been nonexistent for a decade. Lack of decision making, lack of investment
in infrastructure and lack of forward planning in last 12 years is
responsible for the problem," Goyal said. (PTI)