Poll schedule for five states announced, UP votes in 7 phases

January 4, 2017

New Delhi, Jan 4: The high-stakes assembly elections in Uttar Pradesh will be held in seven phases between February 11 and March 8, while Punjab and Goa will go to polls together on February 4, Uttarakhand on February 15 and Manipur in two phases on March 4 and 8, with counting to be held on March 11.

CECAnnouncing the poll schedule for five states, Chief Election Commissioner Nasim Zaidi said the seven-phased UP Assembly polls for 403 constituencies will be held on February 11, 15, 19, 23, 27, March 4 and 8.

He said over 16 crore people will participate in these polls for a total of 690 constituencies in five states, for which the Commission has set up 1.85 lakh polling stations, which are 15 per cent more than those set up in 2012 polls.

The CEC flanked by the two Election Commissioners A K Joti and O P Rawat announced that the poll process will commence with the issue of notification on January 11 for Punjab and Goa polls where candidates can start filing their nominations.

"The Model Code of Conduct will come into immediate effect and will apply on political parties and state governments concerned, besides the Central government in terms of announcements in these states," Zaidi told reporters.

The CEC said candidates will have to open a fresh bank account for all election expenses and all expenses above Rs 20,000 will be made through cheques from their respective accounts. He added that all donations will also be accepted through cheques.

The maximum limit for expenses for each candidates in Uttar Pradesh, Punjab and Uttarakhand is Rs 28 lakh, while that in Goa and Manipur is Rs 20 lakh, he said.

The first phase of Uttar Pradesh Assembly elections covering 73 constituencies in 15 districts will be held on February 11, while 67 constituencies spread over 11 districts will go to polls on February 15 in Phase II.

Similarly, for Phase III covering 69 constituencies in 12 districts of the states, polls will be held on February 19 and Phase IV and Phase V will be held on February 23 and February 27, covering 53 and 52 constituencies respectively.

Phase VI of UP polls covering 49 will be held on March 4 and the last phase covering 40 seats will be held on March 8.

The assembly polls in Punjab and Goa with 117 and 40 constituencies respectively, will be held in one go on February 4, with the poll process being set rolling on January 11 with the filing of nominations.

Uttarakhand with 70 assembly constituencies will go to polls in one go on February 15, while Manipur will have polling in two phases on March 4 and 8.

The poll process will start in Uttarakhand on January 20, while that for Manipur will commence on February 11 with the issue of notification, where the nominations will start.

Zaidi said the use of black money in these elections is expected to reduce post demonetisation, but use of other illegal inducements in different forms may see an increase.

He said for the first time the EC will issue Standard Operating Procedures for the first 72 hours of poll process after announcement of polls and for the last 72 hours before polling to ensure that the poll machinery is set rolling and activated.

The EC has also for the first time made it mandatory for every candidate contesting these polls to file another affidavit in the form of a "No demand certificate" declaring any pending electricity, water, telephone bills and rent for government accommodation in their possession in last ten years.

The CEC said candidates will also make a declaration while filing their nominations on their being a citizen of India and having not possessed citizenship of any other country.

The affidavit is in compliance with a Delhi High Court ruling in this regard and failure to file it will lead to defects of substantial nature during scrutiny of nomination papers, Zaidi said.

As part of another first of its kind initiative, the EC will accept online the service votes of defence, para-military personnel and those posted in missions abroad. This comes after the success of an experiment in Puducherry.

Zaidi said VVPAT machines will be used in increasing number in select areas during these assembly polls and Goa will be saturated with VVPAT.

While Electronic Voting Machines will be used in all polling stations, the ballot paper on EVM machines will for the first time carry photographs of candidates along with their names and poll symbols.

The Commission will issue photo voter slips to voters ahead of polls and will for the first time also distribute a colourful booklet that will guide the voters on date and time of polls and location of polling stations, besides Dos and Don'ts for them.

To encourage more participation of women in election management, the EC will also have some all-woman polling stations this time around, besides making all polling stations disabilities-friendly.

The tenure of Punjab, Goa and Manipur assemblies are ending on March 18, while that of Uttarakhand will end on March 26 and Uttar Pradesh Assembly on May 27.

Of the total 690 constituencies going to polls in these five states, 133 are reserved for Scheduled Castes and 23 for Scheduled Tribes.

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Althaf
 - 
Wednesday, 4 Jan 2017

Abki baar say no to Fenku Sarkaar..

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News Network
May 4,2020

Munbai/New Delhi, May 4: India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government official and four top bankers said.

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.

"There is a considered view in the government that bank non-performing assets (NPAs) could double to 18-20% by the end of the fiscal year, as 20-25% of outstanding loans face a risk of default," the official with direct knowledge of the matter said.

A fresh surge in bad debt could hit credit growth and delay India's recovery from the coronavirus pandemic.

"These are unprecedented times and the way it's going we can expect banks to report double the amount of NPAs from what we've seen in earlier quarters," the finance head of a top public sector bank told Reuters.

The official and bankers declined to be named as they were not officially authorized to discuss the matter with media.

India's finance ministry declined to comment, while the Reserve Bank of India and Indian Banks' Association, the main industry body, did not immediately respond to emails seeking comment.

The Indian economy has ground to a standstill amid a 40-day nationwide lockdown to rein in the spread of coronavirus cases.

The lockdown has now been extended by a further two weeks, but the government has begun to ease some restrictions in districts that are relatively unscathed by the virus.

India has so far recorded nearly 40,000 cases of the coronavirus and more than 1,300 deaths from COVID-19, the respiratory disease caused by the coronavirus.

'RIDING THE TIGER'

Bankers fear it is unlikely that the economy will fully open up before June or July, and loans, especially those to small- and medium-sized businesses which constitute nearly 20% of overall credit, may be among the worst affected.

This is because all 10 of India's largest cities fall in high-risk red zones, where restrictions will remain stringent.

A report by Axis Bank said that these red zones, which contribute significantly to India's economy, account for roughly 83% of the overall loans made by its banks as of December.

One of the sources, an executive director of a public sector bank, said that economic growth had been sluggish and risks had been heightened, even ahead of the coronavirus crisis.

"Now we have this Black Swan event which means without any meaningful government stimulus, the economy will be in tatters for several more quarters," he said.

McKinsey & Co last month forecast India's economy could contract by around 20% in the three months through June, if the lockdown was extended to mid-May, and growth in the fiscal year was likely to fall 2% to 3%.

Bankers say the only way to stem the steep rise in bad loans is if the RBI significantly relaxes bad asset recognition rules.

Banks have asked the central bank to allow all loans to be categorized as NPAs only after 180 days, which is double the current 90-day window.

"The lockdown is like riding the tiger, once we get off it we'll be in a difficult position," a senior private sector banker said.

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News Network
May 15,2020

Thiruvananthapuram: Kerala activist Rehana Fathima has been asked to take compulsory retirement from BSNL after she was embroiled in Sabarimala row.

Stating that her attempt to enter the shrine of celibate god in 2018 had spoiled the reputation of the company among customers, the BSNL, in its order asked her to take compulsory retirement, further claiming that her acts were “subversive of discipline and amount to misconduct”.

She was suspended from service following her arrest in November 2018 over Facebook posts.

Fathima, who is a technician with the state-run communications company, said she will explore legal remedies against the order sent by her employer.

The Fathima hit headlines when she attempted to enter the Sabarimala shrine, which has traditionally been closed to women in the age group of 10-50 years.

She did after the Supreme Court order allowing entry of women in the age group of 10-50.

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News Network
July 10,2020

New Delhi, Jul 10: Nepal has banned all Indian news channels, except DD News, for alleged propaganda against the country.

Reports say that Nepal cable operators have stopped getting signals of Indian news channels.

Nepal government spokesperson Yuvaraj Khatiwada said: "We request all not to disseminate news that infringes sovereignty and self-respect of Nepalis. This includes the media of neighbouring countries. We might seek both political and legal remedies."

Earlier, Nepal has amended its map which show some Indian territory as part of it.

Nepal's parliament on June 13 adopted unanimously the Constitution Amendment Bill, paving the way for accommodating the updated political-administrative map, which includes Indian areas of Kalapani, Lipulekh and Limpiyadhura, in its symbol.

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