Power of Giving: A Conversation with Magsaysay Awardee Anshu Gupta
| EVENT DETAILS | ||
| DATE | Thursday, June 14, 2018 | |
| TIME | 6:00 PM – 7:30 PM (Registration: 05:30 PM ) | |
| LOCATION | Seminar Hall II & III, Kamaladevi Complex, India International Centre, Lodhi Estate,New Delhi | |
| SPEAKER | Mr. Anshu Gupta – Founder, Goonj | |
| CHAIR | Mr. Tarun Das, Founding Trustee, Ananta Aspen Centre & Chairman, Institute of Economic Growth | |
Modis bullet train project in fix
India is set to miss a December deadline to acquire land for a Japan-backed $17 billion bullet train project following protests by fruit growers, government officials said, likely delaying one of Prime Minister Narendra Modis most ambitious projects.
Modis office is now monitoring the project week-to-week, as officials seek to reassure Tokyo that the hurdles can be overcome through intense negotiations with sapota and mango growers in Maharashtra.
Protests, backed by local politicians, have flared up in recent months against attempts to secure sections of a 108-km stretch, which is around one-fifth of the entire bullet train corridor connecting Mumbai with Ahmedabad, the largest commercial city in Modis home state Gujarat.
Ive worked hard for three decades to develop this plantation, and they are asking me to hand over this land, sapota farmer Dashrat Purav, 62, said as he showed his orchard in the town of Palghar, a three-hour-drive north of Mumbai.
I havent worked hard to surrender land for the project. I did that for my children.
Purav said he would sell his land only if at least one of his two unemployed sons was promised a government job.
Failure to procure the bullet train land by the deadline would delay disbursal of soft-loans by Japan International Cooperation Agency, a government development body, which is reviewing the project next month, said two senior officials with the state-run Indian Railways, declining to be named.
To assuage Japans concerns, Indian officials have sought a meeting this month with transport ministry officials in Tokyo, one of the Indian officials said. India wants the projects completion target to be advanced by a year to 2022, the 75th year of Indias independence. Rediff.com
Former PM Atal Bihari Vajpayee health is stable
Former prime minister Atal Bihari Vajpayee, who was admitted to the All India Institute of Medical Sciences, yesterday, has been diagnosed with a urinary tract infection. His condition is believed to be stable, but it is uncertain when the former prime minister, who has been ailing for years now, will be discharged.
A team of doctors is closely monitoring his condition.
Yesterday, Congress chief Rahul Gandhi visited AIIMS, followed by BJP chief Amit Shah and Union minister JP Nadda. Prime Minister Narendra Modi visted Vajpayee an hour later. Several Union ministers and senior BJP leader LK Advani were seen at the hospital.
A team of doctors is closely monitoring his condition.
Yesterday, Congress chief Rahul Gandhi visited AIIMS, followed by BJP chief Amit Shah and Union minister JP Nadda. Prime Minister Narendra Modi visted Vajpayee an hour later. Several Union ministers and senior BJP leader LK Advani were seen at the hospital.
A statement issued by the All India Institute of Medical Sciences, New Delhi last night said that appropriate treatment was being administered to him by a team of doctors under the supervision of AIIMS Director Randeep Guleria.
The statement added that Mr Vajpayee was admitted to the hospital following complaints of a lower respiratory tract infection and kidney issues and he was diagnosed with a urinary tract infection.
Prime Minister Narendra Modi visited AIIMS yesterday evening to know the condition of Mr. Vajpayee. Mr Modi interacted with family members of Mr Vajpayee and also spoke to Doctors and inquired about his health.
BJP President Amit Shah, Senior BJP leader LK Advani, Health Minister JP Nadda and Congress President Rahul Gandhi also visited the hospital.
Delhi CM spends night at LG’s office
Chief Minister Arvind Kejriwal and his cabinet colleagues spent the night at the Lt Governor’s office after their demands including a direction to IAS officers to end their “strike” and action against officers who have struck work for “four months”, were not met.
Kejriwal along with his deputy Manish Sisodia and two other ministers – Gopal Rai and Satyendar Jain — met Lt Governor (L-G) Anil Baijal at 5.30 pm yesterday and since then stayed put at the L-G office.
Last night, the chief minister, who is a diabetic, had to take insulin during the sit-in and got “specific food” from his home, sources said.
It is the first time in the history of Delhi that the chief minister and his cabinet colleagues spent the night at the L-G office to press for their demands.
Kejriwal tweeted at 6.27 am from the L-G office, saying “My dear Delhiites, good morning. Struggle continues”.
A number of AAP MLAs, party’s leaders and workers have also camped near the L-G office, and the police have barricaded the area.
The L-G office slammed Kejriwal’s sit-in, saying it is another protest in the sequence of “dharna without reason”. A statement, issued by Baijal’s office last evening, stated that the L-G was “threatened” to summon officers and issue directions to them to end their “strike” immediately.
In the morning, a letter, signed by Kejriwal, Sisodia, Rai and Jain, was sent to Baijal, asking him to take all necessary steps to end the “strike” by IAS officers including issuing written orders that all those officers who do not return to work will be proceeded against and “if necessary, ESMA may be invoked”.
In the morning, a letter, signed by Kejriwal, Sisodia, Rai and Jain, was sent to Baijal, asking him to take all necessary steps to end the “strike” by IAS officers including issuing written orders that all those officers who do not return to work will be proceeded against and “if necessary, ESMA may be invoked”.
According to the government, IAS officers have been on strike since the alleged assault on Chief Secretary Anshu Prakash and are boycotting meetings with AAP ministers due to which public works are getting affected. — PTI Media agencies
The IBC (Amendment) Ordinance, 2018
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 has amended the IBC, 2016 which provides for insolvency resolution of corporate persons in a time bound manner for maximization of value of assets of such persons, and whereas, a need has been felt, inter alia, to balance the interests of various stakeholders in the code, especially interest of home buyers and MSMEs, promoting resolution over liquidation of corporate debtor by lowering the voting threshold of committee of creditors and streamlining provisions relating to eligibility of resolution applicants.
The Hon’ble President has promulgated the IBC (Amendment) Ordinance, 2018. Under this code, in section 5 of the principal Act,
(i) in clause (8), in sub clause (f), the following explanation shall be inserted namely
a) any amount raised from an allottee under a real estate project shall be deemed to be an amount having the commercial effect of a borrowing; and
b) the expression, “allottee” and “real estate project” shall have the meanings respectively assigned to them in clauses (d) and (zn) of section 2 of the Real Estate (Regulation and Development) Act, 2016.
Hence, the new ordinance equates an “allottee” of a “real estate project” to be a person having a commercial effect of borrowing. He is now treated as financial creditor. He can initiate a corporate insolvency for a resolution against the errant developer. He acquires the right to be on the committee of creditors. He gets voting right and can influence the resolution process. In the unlikely eventuality of liquidation, he stands at par with other financial creditors.
Please find enclosed detailed The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 for your kind reference.
CAIT WILL HOLD NATIONWIDE PROTEST DHARNA on July 02,2018
11th June, 2018
CAIT WILL HOLD NATIONWIDE PROTEST DHARNA
AGAINST WALMART DEAL ON 2ND JULY
Walmart-Flipkart deal have to face a new attack as the Confederation of All India Traders (CAIT) has declared to hold protest Dharna across the Country on 2nd July against Walmart-Flipkart Deal. Approximately at 1000 places in different cities in different States, the protest will be held. The CAIT took this decision today at its two days meeting of National Governing Council began today at Ahemadabad.
The CAIT in a unanimous resolution passed at the Conference demanded the Government to reject the deal and an e commerce policy is framed and a Regulatory Authority is formed for e Commerce.
CAIT National President Mr. B.C.Bhartia & Secretary General Mr. Praveen Khandelwal said that this time we shall be pursuing the matter with both ED & RBI so that e commerce companies including Flipkart and its newly owner Walmart should not escape from the liability of malpractices, predatory pricing and deep discounting.
The CAIT has said that the e-commerce market in India which remains very critical since its inception in the Country due to ill designed business practices adopted by various leading E Commerce players with a single motto of controlling and dominating retail trade by offering deep discounts and predatory pricing has vitiated the basic fundamentals of e-commerce and in the absence of any policy both in e-commerce and retail trade and easily circumventing the law,
It further said that e-commerce platforms are grossly and openly flouting Press No.3 of FDI Policy issued on 29th March,2016 which restrains e commerce companies for influencing the prices and make responsible for creating an even level playing filed but despite several complaints Government choose to remain a mute spectator giving them an open play ground to play the game with their own rules.
In the wake of current situation, the CAIT has demanded that till the time the e commerce policy is formulated, strict directions should be issued to adhere to Press Note No.3 and implement the same in toto. To monitor the same a Special Task Force should be constituted with Officials and representative of trade & e commerce platforms. Further, we should be made part of the formulation of e commerce policy.
Driving Industry-Railway Partnerships
Rail Contact 2018
Driving Industry-Railway Partnerships
19 June 2018| Kamal Mahal, Hotel ITC Maurya, Sardar Patel Marg, New Delhi
Ministry of Railways has set itself a vision to transform Indian Railways (IR) to a truly world class, safe and modern transporter. The key plans to achieve the vision include speedy electrification, increasing speed of trains and a complete overhaul of the signaling and telecom network.
With the objective of working closely with IR to achieve its vision through industry partnerships, Confederation of Indian Industry (CII), under the aegis of Railway Transportation Equipment Division, in association with Ministry of Railways is organizing National Conference- ‘Rail Contact’– Driving Industry-Railway Partnership on 19 June 2018 at ITC Maurya, New Delhi. The initiative aims to understand renewed vision of the IR, discuss and understand the emerging opportunities for industry members as well as provide a platform to Industry to showcase their readiness to cater to the emerging requirements.
Shri Piyush Goyal, Hon’ble Minister of Railways, Coal and Finance has kindly agreed to join as the Chief Guest and address at the Inaugural Session of the event. Shri Amitabh Kant, CEO, NITI Aayog has also agreed to join us during the Valedictory Session.
I am writing to cordially invite you to join and participate in the Conference. To register kindly click here. For further details kindly get in touch with Ms Vasundhra Chopra, +91-11-2465 3305(Dir)/24682230-35, vasundhra.chopra@cii.in / vicechairman.rail@cii.in
I look forward to your kind confirmation and participation.
With regards,
Vasundhra Chopra
Executive
Confederation of Indian Industry
4th Floor, Core 4A, India Habitat Centre,
Lodhi Road, New Delhi 110003
Tel: 011-24653305
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