Coalgate: Ex-top bureaucrats back Parakh's accusation on PM

October 17, 2013

P_C_ParakhNew Delhi, Oct 17: Former top bureaucrats have come out in support of ex-Coal Secretary P C Parakh, who has been named by CBI in the coal blocks allocation scam, warning that harassment of honest officers will erode Government's credibility and stop senior officers from taking decisions.

"Parakh, as I have known him, is an honest, competent officer. While I do not wish to comment on the CBI investigation as such, as I do not have all the facts, I am at a loss to understand how an FIR has been filed only against him and no one in the PMO and no Minister," said E A S Sarma, former Coal Secretary.

If it is a case of conspiracy, all the conspirators should be taken into account. I hope there is no conspiracy!, said Sarma, a former IAS officer.

"I feel that investigations in such cases should be objective and uninfluenced by extraneous pressures. A clear distinction must be made between decisions taken in good faith and malafide decisions. It is unfortunate that dishonest Ministers, politicians and officers should be let off and honest officers harassed. It will only erode the credibility of the government which has already been on the decline in the recent times," he said.

Sarma said he has written to CVC on June 15 last year requesting it to initiate an investigation into the role of the PMO in the coalgate affair and three other scams.

"I reminded CVC at least two times after that. There has been no visible response from CVC on my letters," Sarma said.

Former Cabinet Secretary T S R Subramanian said such kind of action by CBI against Parakh will stop others from taking decisions.

"There are all kind of bureaucrats, good, bad, honest... There has to be a reasonable basis for any action by the agency," he said.

"According to the FIR, it was said Parakh met Kumar Mangalam Birla. As Cabinet Secretary, I used to meet ten bureaucrats, ten politicians and ten

businessmen daily. Should that mean that I be also made an accused?" he asked.

Parakh wanted the system to be changed for good, rued Subramanian. The former Cabinet Secretary also felt that there was an "ulterior motive" behind the move to name Parakh as an accused.

"If he has been made an accused, he could be crippled as a witness. There could be an ulterior motive," he said.

Former Central Vigilance Commissioner N Vittal accused CBI of not following its charter. "It is utterly unfair and incompetent on part of CBI (to name Parakh). They are not following their charter. I condemn CBI's action," he said.

"I have known Parakh. He is an honest person and has a good reputation," Vittal said.

The former CVC said going by CBI's logic as a minister in charge of coal ministry, Prime Minister should be held responsible for taking any decision on the matter.

Former IAS officer G Sundaram also condemned CBI's action. "I do not know him (Parakh). People who know him say he is an honest officer. But going by the charges, Prime Minister and senior officials in the PMO should also be named as the final decision was taken by them only," he said.

CBI has registered a case against Parakh and industrialist Kumar Mangalam Birla on charges of criminal conspiracy and corruption in connection with alleged irregularities in the allocation of two coal blocks in Odisha in 2005.

Parakh has dubbed as "baseless" allegations levelled against him by the CBI.

"There is absolutely nothing wrong with the decision. It was a very fair and correct decision that we took. I don't know why CBI thought that there is a conspiracy," Parakh has said.

"But, if there is a conspiracy, then there are different members in this conspiracy. There is K M Birla who made the representation, he is one conspirator. I, who examined the case and made a recommendation, I can be another conspirator and the Prime Minister, who as the Coal Minister, took the final decision, is the third conspirator.

"So, if the CBI thinks there is a conspiracy, why did they choose and select Mr Birla and me and not the PM. If conspiracy is there, then everyone is part of the conspiracy," he contended.

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News Network
March 23,2020

Thiruvananthapuram, Mar 23: Amid a spurt in coronavirus cases, Kerala chief minister Pinarayi Vijayan has asked the Centre to give the states authority to give clearances for manufacturing masks, gloves and sanitisers.

In a letter addressed to prime minister Narendra Modi, Vijayan said during the crisis, masks and sanitisers are needed in large numbers.

"As an interim, states must be given authority to give clearances of manufacturing of items related to medical devices, sanitisers, chemicals, etc. which are needed for fighting Covid-19," Vijayan said in the letter.

He also sought permission for the state home department to use drones for the relevant applications related to Covid-19.

"In China and elsewhere in the world, drones have been used extensively in minimising human contact, disinfection, etc. Unfortunately, with the current laws pertaining to the use of drones, none of these is possible in India," the chief minister said.

He also sought permission to access and use facilities available with all central institutions and research labs operating in the state.

The chief minister shared the letter on his Twitter handle.

With 15 new positive cases of Covid-19, the total number of infected persons in Kerala had gone up to 67, including the three who were discharged after recovery last month.

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Agencies
June 22,2020

Mumbai, Jun 22: After downgrading India's outlook to negative from stable, Fitch Ratings on Monday revised the outlook on nine Indian banks to negative.

The outlook on the Long-Term Issuer Default Ratings (IDR) was revised to negative from stable due to the banks' high dependence on the Centre to re-capitalise them.

Accordingly, the IDR outlook of the Export-Import Bank of India, the State Bank of India, the Bank of Baroda, the Bank of Baroda (New Zealand), the Bank of India, the Canara Bank, the Punjab National Bank, ICICI Bank and Axis Bank Ltd have been downgraded to negative.

"At the same time, Fitch has affirmed IDBI Bank Limited's (IDBI) IDR while maintaining the outlook at negative," Fitch said in a statement.

The rating actions follow Fitch's revision of the outlook on the 'BBB-' rating on India to negative from stable on June 18, due to the impact of the escalating coronavirus pandemic on India's economy.

"The IDRs for all the above Indian banks are support-driven and anchored to their respective SRFs," the statement said.

"They are based on Fitch's assessment of high to moderate probability of extraordinary state support for these banks, which takes into account our assessment of the sovereign's ability and propensity to provide extraordinary support."

According to the statement, the negative outlook on India's sovereign rating reflects an increasing strain on the state's ability to provide extraordinary support, due to the sovereign's limited fiscal space and the significant deterioration in fiscal metrics due to challenges from the COVID-19 pandemic.

"The rating action does not affect the banks' Viability Rating (VR). EXIM does not have a VR as its role as a policy bank makes an assessment of its standalone credit profile less meaningful."

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News Network
March 2,2020

Tezpur (Assam), Mar 2: Seven boys, who had appeared for their class 10 board examinations, were apprehended on Sunday for allegedly raping and killing a 12-year-old girl in Assam's Biswanath district, police said.

The girl was hanged from a tree after the crime.

The incident happened on Friday in Chakla village under the jurisdiction of Gohpur police station, they said.

A senior police officer told PTI that the culprits, all of them High School Leaving Certificate (HSLC) examinees, were on the run, but were nabbed by a police team.

The accused after the examination had called the victim to a house on the pretext of organising a party and raped her, the officer said.

It is suspected that the girl was raped on Friday night and then hanged from a tree in a forest near the house, the senior police officer said.

The body was found on Saturday.

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