BJP MP's company got Rs 1,350cr dam deals illegally

October 1, 2012
Ajay-Sancheti

Mumbai, October 1: A non-existing company owned by BJP Rajya Sabha MP Ajay Sancheti bagged irrigation projects worth Rs 1,350 crore in Maharashtra in 2007-08.

The firm, Shakti Kumar M Sancheti Ltd, was renamed SMS Infrastructure in November 2005. Yet, Sancheti was awarded contracts by the Vidarbha Irrigation Development Corporation (VIDC) under the name of the old company. "Once the name of a company is changed, the old name ceases to exist and the new name comes into existence. The Sancheti group used the old name as well as the new name concurrently to obtain more contracts than permitted,'' said officials. Government sources said VIDC's norms permitted a maximum of three contracts to a single contractor. Its tender condition clearly stipulated that in case of violation, the contractor would be blacklisted.

Sancheti is a close aide of BJP president Nitin Gadkari and his family has RSS links for the last three generations. His uncle, Chainsukh Sancheti, is the BJP MLA from Buldhana district.

Documents accessed by TOI reveal that the now defunct firm (Shakti Kumar) went on to bag four contracts; two in Gosikhurd in Bhandara district, one in Amravati district and another in Yavatmal district collectively worth Rs 1,350 crore. (VIDC later cancelled one of the tenders because it was awarded at an exorbitant rate.)

Simultaneously, SMS Infrastructure also procured projects worth an additional Rs 389 crore between 2006 and 2009.

Sancheti was not available for comment despite several attempts to contact him.

MPs protest 250% dam cost escalation

In November 2011, two MPs wrote to Union water resources minister Pawan Kumar Bansal about the unusual increase in the cost of the Purna barrage-2 (Ner Dhamana) irrigation project. The work was awarded to Sancheti. BJP's Haribhau Jawale and Shiv Sena's Nandrao Adul complained that its cost had shot up from Rs 182 crore to Rs 638 crore. "The design finalization was done way ahead after the tender was awarded. This resulted in excess expenditure by more than three times,'' said Jawale's letter. He further said that the original 2008 administrative approval was obtained without following due procedure. "If tender had been awarded post-finalization of design, it would have saved a lot of money and resources. As a result, cost of irrigating the land is estimated at Rs 9.19 lakh a hectare whereas the normal cost is around Rs 2 lakh a hectare,'' he added. The Centre had imposed a condition that the project be completed within the sanctioned amount. "However, reality seems to be far different as the project cost is revised drastically. Definitely, there seems to major manipulation causing undue benefit to certain vested interests,'' said Jawale. He urged the minister not to sanction the revised estimate as it was an "unrealistic'' one.


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Agencies
January 21,2020

New Delhi, Jan 21: With the IMF lowering India's economic growth estimate for the current fiscal to 4.8 per cent, senior Congress leader P Chidambaram on Tuesday claimed an attack on the world body and its chief economist Gita Gopinath by government ministers was imminent.

He also alleged that the growth figure of 4.8 per cent given by the International Monetary Fund (IMF) is after some "window dressing" and he won't be surprised if it goes even lower.

"Reality check from IMF. Growth in 2019-20 will be BELOW 5 per cent at 4.8 per cent," Chidambaram said in a series of tweets.

"Even the 4.8 per cent is after some window dressing. I will not be surprised if it goes even lower," the former finance minister said.

IMF Chief Economist Gopinath was one of the first to denounce demonetisation, he noted.

"I suppose we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath," Chidambaram said.

The IMF lowered India's economic growth estimate for the current fiscal to 4.8 per cent and listed the country's much lower-than-expected GDP numbers as the single biggest drag on its global growth forecast for two years.

In October, the IMF had pegged India economic growth at 6.1 per cent for 2019.

Listing decline in rural demand growth and an overall credit sluggishness for lowering of India forecasts, Gopinath, however, had said the growth momentum should improve next year due to factors like positive impact of corporate tax rate reduction.

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News Network
February 24,2020

New Delhi, Feb 24: India and the US are committed to defend their people from radical islamic terrorism, resolved to significantly expand defence ties and are working on a "fantastic" trade deal, said US President Donald Trump on Monday while asserting that his country "loves" and is "loyal" to India.

Addressing a huge crowd at 'Namaste Trump' event at the Motera stadium here, the US president, accompanied by his wife Melania and Prime Minister Narendra Modi, talked about India's great tradition of embracing individual freedom, rule of law, dignity of every human being and where people worship side-by-side in harmony.

On his maiden visit, Trump, who was welcomed by Modi on his arrival here, said his country will remain a "loyal" friend of India and called the Prime Minister an "exceptional leader" who works day and night for the country.

"India and the US are committed to fight terrorists and their ideology; that is why my government is working with Pakistan to crack down on terror groups," Trump said in the presence of his family -- daughter Ivanka, son-in-law Jared Kushner-- and top brass of his administration.

"The US will always be faithful and loyal friend of India. Thank you for the spectacular welcome," he added.

He also announced that the two countries will firm up defence deals worth USD 3 billion on Tuesday and that the US will become India's premier defence partner.

"India and US have natural and enduring friendship," Trump said to a cheering crowd.

"We are quickly revitalising our alliances all around world," he said.

Trump said both countries are working on a "fantastic trade" deal, and observed that Modi is a "tough negotiator".

The US president also heaped praises on Modi, saying the Prime Minister is a "living proof" of what an Indian can achieve with hard work as Trump referred to his humble background as a tea-seller, who had a landslide win in the 2019 Lok Sabha polls.

On his part, Modi welcomed Trump to "world's largest democracy" and said a "new history" was being created.

Modi also praised Trump's leadership in containing terrorism.

Trump said as the world's largest economy, India gives hope to all humanity and has become an economic giant.

"There is a difference between a nation that rises by coercion and one that rises by setting its people free -- that is India. India and the US have natural and enduring friendship," he said.

He also touched on India's cultural diversity and riches as he highlighted the success of its blockbuster movies like DDLJ (Dilwale Dulhania Le Jayenge) and Sholay, and its sporting icons like Sachin Tedulkar and Virat Kohli.

He highlighted the boom in the US economy under his presidency and added that India will soon be home to the biggest middle class as it will eliminate extreme poverty in in next 10 years.

On his part, Modi said ties between India and the US are no longer just another partnership but have touched far greater heights.

Welcoming Trump, he said a "new history" is being created.

Visit of President Trump to India with his family shows strong ties between India and the US, said Modi.

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News Network
January 31,2020

New Delhi, Jan 31: Nirbhaya's mother Asha Devi on Friday said she will continue her fight till the convicts in the 2012 gangrape and murder case are hanged, shortly after a Delhi court postponed the execution of death warrants till further order.

Devi told reporters her "hopes are dashed" but she will continue her fight.

"These convicts have no right to live. We keep getting disappointed by the system. I will continue my fight till the convicts are hanged," she said.

A Delhi court postponed the execution of death warrants of the four convicts in the Nirbhaya gangrape and murder case till further order.

Additional sessions judge Dharmender Rana passed the order on a plea by the convicts seeking a stay on their execution on Saturday, February 1.

Devi said because of the loopholes in law the "criminals' lawyers had the audacity to challenge me in court that they will not be hanged".

The black warrants for execution of the death sentence against Pawan Gupta, Vinay Kumar Sharma, Akshay Kumar and Mukesh Kumar Singh, were issued on January 17.

A 23-year-old physiotherapy intern who came to be known as "Nirbhaya" (the fearless one) was gangraped and savagely assaulted on the night of December 16, 2012, in a moving bus in South Delhi. She died of her injuries a fortnight later in a Singapore hospital.

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