Development should not be at cost of citizens: Aaditya

Agencies
September 18, 2019

Thane, Sept 18: Asserting that development should not be at the cost of citizens and environment, Yuva Sena chief Aaditya Thackeray has said his party opposed the Nanar refinery project in Maharashtra as "sons of the soil" were against it.

The proposed Rs 3 lakh crore refinery at Nanar in the state's Ratnagiri district was scrapped earlier this year after the Sena put up stiff resistance.

Justifying his party's opposition to the project, Thackeray said its proposed location would have adversely affected the environment.

"Wherever else it is suitable and does not affect the environment and locals welcome it, the Sena will never oppose it. The Sena is not against development, but not at the cost of citizens. We are against the Nanar project as 'sons of the soil' are opposed to it," he said.

Incidentally, Thackeray has been quite vocal against the proposed felling of over 2,600 trees to make way for a Metro car shed in Aarey Colony of Mumbai.

Environmentalists and activists are also opposing the Metro car shed project and have been demanding its relocation.

The Yuva Sena chief, who is the son of Sena president Uddhav Thackeray, was talking to reporters here on Tuesday night on the sidelines of his 'Jan Ashirward Yatra', a public outreach programme, ahead of the upcoming state polls.

Asked about rumours that former state chief minister and Maharashtra Swabhiman Party leader Narayan Rane may join the ruling BJP, the Yuva Sena leader said, "We don't discuss such small issues. We have a big dream of creating a new Maharashtra."

"I want to build a new Maharashtra, which is the dream of every citizen, and bring 'Mantralaya' (secretariat) at the doorsteps of citizens," said the young Sena leader, whose party is an ally of the BJP at the Centre and in the state.

He said the relevant issues for them are the recent abrogation of Article 370 in Jammu and Kashmir and their party's demand for construction of the Ram temple in Ayodhya.

Asked about the numerous potholes in Thane, he said such road conditions were seen in many parts of the state, including the Mumbai-Goa highway.

"There is a dire need to have a relook into the tendering system where a contract is given to the lower bidder. This affects the quality of construction," he said.

He said the time has come when the Centre, the state government and local bodies should think over it and bring about a change in the process to improve the quality of roads.

This year there has been heavy rainfall and also due to the ongoing Metro work, roads have become bad, he noted.

Incidentally, Sena supremo late Bal Thackeray had once during an election rally in Thane prostrated before the audience and sought their blessings.

Replicating his grandfather's action, the Yuva Sena chief also prostrated before the gathering during his rally here on Tuesday and sought their blessings for his party in the upcoming state polls.

He said the Sena has a special love and affection for Thane as it gave his party a political fillip in the 1960s.

"The same love I want throughout the state. Whatever development work has happened (in Thane), I want to replicate it in the entire state. Hence, I have come to this city to seek your blessings," he told the gathering.

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News Network
July 25,2020

New Delhi, Jul 25: The Indian Air Force (IAF) has made key appointments in its different commands all across the country including formations that look after operations along the borders with China and Pakistan.

Air Marshal Vivek Ram Chaudhari has been appointed as the head of the Delhi-based Western Air Command (WAC) which looks after both the crucial borders, with China in Ladakh and all along Pakistan from Ladakh up to Bikaner in Rajasthan.

Chaudhari would be assuming charge of the new office on August 1, replacing Air Marshal B Suresh who is superannuating after a brief tenure of nine months there.

In the Shillong-based Eastern Command, incumbent Air Marshal RD Mathur would be moving to the Bangalore-based Training Command on October 1, he will be replaced by Air Marshal Amit Dev. The Eastern Command looks after the entire Northeastern region including the border with China from Sikkim to Arunachal Pradesh.

As per the new appointments issued on July 24, Kargil war gallantry awardee Air Marshal Dilip Kumar Patnaik would be taking over as the Senior Air Staff Officer (SASO) at the Prayagraj-based Central Air Command.

On October 1, the Air Force would also get a new in-charge of personnel in Air Marshal RJ Duckworth who is presently the SASO in the WAC.

Air Marshal Vikram Singh would be the next SASO of the WAC. Air Marshal J Chalapati-- the officer who had briefed the Supreme Court on the Rafale issue last year, would be the SASO of the Trivandrum-based Southern Air Command.

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News Network
March 6,2020

New Delhi, Mar 6: Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.

In December last year, the Union Cabinet had approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

The move is aimed at easing the insolvency resolution process and promoting the ease of doing business. Aimed at streamlining of the insolvency resolution process, the amendments seek to protect last-mile funding and boost investment in financially-distressed sectors.

Under the amendments, the liability of a corporate debtor for an offence committed before the corporate insolvency resolution process will cease.

The debtor will not be prosecuted for an offence from the date the resolution plan has been approved by the adjudicating authority if a resolution plan results in change in the management or control of the corporate debtor to a person who was not a promoter or in the management or control of the corporate debtor or a related party of such a person.

The amendments are aimed at providing more protection to bidders participating in the recovery proceedings and in turn boosting investor confidence in the country's financial system.

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News Network
February 19,2020

Feb 19: Pay increases across India’s organized sector will probably grow at the slowest pace since 2009 this year, according to a survey from Aon Plc.

Companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, Aon said in a report published Tuesday. The small increase reflects a deep slowdown in Asia’s third-largest economy, where growing pessimism about job prospects have led many to cut down on consumption -- the main driver to growth.

India still leads the Asia-Pacific region in pay rises, but that is mainly due to higher inflation and a “war for key talent and niche skills,” Aon said.

“There is a general air of caution about the economy as we enter into 2020,” Tzeitel Fernandes, partner for rewards solutions at Aon, told reporters in New Delhi. “Low GDP projection and weak consumer sentiment are the reasons behind our lowest ever prediction.”

E-commerce companies and start-ups will probably get the biggest salary increases, projected at an above-average 10%, while financial institutions will hand out 8.5%. Unsurprisingly, the auto sector witnessed the biggest drop in growth -- down to 8.3% from 10.1% in 2018, according to Aon. The survey covered more than 1,000 companies across over 20 industries.

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