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.

Comments

Althaf
 - 
Wednesday, 4 Jan 2017

Abki baar say no to Fenku Sarkaar..

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 16,2020

Mar 16: An investigation into Coffee Day Enterprises Ltd., initiated by its board after the death of founder V.G. Siddhartha, is likely to conclude that at least Rs 2,000 crore is missing from its accounts, according to people familiar with the matter.

The months-long probe following the suicide of Siddhartha in July examined the financial transactions of India’s largest coffee chain and its dealings with dozens of private companies owned by the entrepreneur. The draft report, running more than a hundred pages, points to thousands of rupees that have gone missing, said the people, asking not to be named because the details aren’t public. It also details hundreds of transactions between the founder’s listed and personal businesses that were not conducted at arm’s length, they said.

Though the report is in its final stages, the precise details could change before its release, expected as early as this week, the people said. The missing funds could total more than Rs 2500 crore, one person said.

“The investigation report is still a work in progress, and not finalized,” a spokesman for the company said. “The board of directors and the company are unaware of its content at this point of time. Hence it would be premature to speculate on the investigation findings.”

The priority for management and Siddhartha’s family “is to keep the business running in a challenging environment and meet all stakeholder commitments, including 30,000 jobs associated with the group,” the spokesman added.

The disappearance of the 59-year-old founder last year stunned India’s business community. He had last been seen telling his driver he was going for an evening walk along a bridge in southern India; his body was found by local fishermen two days later. A letter delivered to Coffee Day’s board and employees, which appeared to be signed by Siddhartha, described massive debts and complained of pressure from lenders and tax authorities. It claimed he bore sole responsibility for the company’s financial transactions.

The probe began about a month later when the company brought in Ashok Kumar Malhotra, a retired senior official from India’s federal enforcement agency, to investigate. A senior lawyer practicing in India’s top court is assisting, the company said in a regulatory filing at the time.

The publicly traded Coffee Day was supposed to be India’s answer to Starbucks Corp. More than 1,500 of its Café Coffee Day outlets blanketed cities and highways, with affordable options for the country’s aspiring middle classes. The chain’s tagline: “A lot can happen over coffee.”

But the empire has been battered since the founder’s death. Its shares plummeted about 90% and its market value dropped to about $80 million. Trading was suspended in February.

India’s regulators are tracking the situation and may use the company’s final report as part of a deeper dive into its internal affairs, the people said. Coffee Day showed about Rs 2400 crore in cash and cash equivalents on its balance sheet as of March 2019, the most recent figures the company has issued.

After the death of Siddhartha however, the company faced a severe liquidity crunch and had “zero cash in the bank,” according to one of the people. It struggled with day-to-day expenses and paying salaries has been a strain, the person said.

The draft report details personal guarantees by Siddhartha for loans taken by Coffee Day, and his unsecured loans at high interest rates from local money lenders, the people said. It also probes Coffee Day’s defaults to coffee growers and other vendors, they said.

A related issue is that coffee estates owned by Siddhartha and several employees had been used as collateral for bank loans. The report found that valuations for properties were inflated to get the loans, one person said.

Investigators have examined several theories about what happened to the company’s money, including whether Coffee Day was manipulating its finances to show cash and profit and whether Siddhartha was taking cash out of the listed company to pay off a large investor to whom he had guaranteed a return, the person said. From the filings of his listed and private companies, the entrepreneur’s loans had totaled more than Rs 10,000 crore, and he had been squeezed by borrowing to repay interest on earlier loans, the person said.

In the letter purportedly from Siddhartha, the entrepreneur said he had tried his best but failed as an entrepreneur. “I am solely responsible for all mistakes,” the letter read. “Every financial transaction is my responsibility. My team, auditors and senior management are totally unaware of all my transactions. The law should hold me and only me accountable, as I have withheld this information from everybody including my family.”

As the report nears release, Coffee Day is finalizing a deal with Blackstone Group Inc. for real estate assets. A large tranche of the payment is due in about a week, one person said.

Coffee Day said it is working to reduce its debt load by divesting non-core enterprises.

“The aim is to save employment and preserve this iconic Indian brand,” the spokesman said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
July 29,2020

New Delhi, Jul 29: The new National Education Policy (NEP) approved by the Union Cabinet on Wednesday is set to usher in a slew of changes with the vision of creating an education system that contributes directly to transforming the country, providing high-quality education to all, and making India a global knowledge superpower.

The draft of the NEP by a panel headed by former Indian Space Research Organisation (ISRO) chief Kasturirangan and submitted to the Union Human Resource Development Minister Ramesh Pokhriyal when he took charge last year. The new NEP replaces the one formulated in 1986.

Some of the key highlights of the New Education Policy are:-

The policy aims to enable an individual to study one or more specialized areas of interest at a deep level, and also develop character, scientific temper, creativity, spirit of service, and 21st century capabilities across a range of disciplines including sciences, social sciences, arts, humanities, among others.

It identified the major problems facing the higher education system in the country and suggested changes such as moving towards multidisciplinary universities and colleges, with more institutions across India that offer medium of instruction in local/Indian languages, a more multidisciplinary undergraduate education, among others. 

The governance of such institutions by independent boards having academic and administrative autonomy has also been suggested.

Under the suggestions for institutional restructuring and consolidation, it has suggested that by 2040, all higher education institutions (HEIs) shall aim to become multidisciplinary institutions, each of which will aim to have 3,000 or more students, and by 2030 each or near every district in the country there will be at least one HEI.

The aim will be to increase the Gross Enrolment Ratio in HEIs including vocational education from 26.3 per cent (2018) to 50 per cent by 2035.

Single-stream HEIs will be phased out over time, and all will move towards becoming vibrant multidisciplinary institutions or parts of vibrant multidisciplinary HEI clusters.

It also pushes for more holistic and multidisciplinary education to be provided to the students.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 29,2020

Mumbai, Jan 29: Unfazed by his suspension from flying on Tuesday, stand-up comedian Kunal Kamra on Wednesday claimed that he once again approached television journalist Arnab Goswami, who he said was his co-passenger on a flight from Lucknow, for an "honest discussion" but was turned away.

Kamra tweeted in the morning that "Arnab Goswami was again travelling in his flight while returning from Lucknow". "I again asked him politely if he wants to have a honest discussion he with his verbal arrogant hand jester he asked me to move away & I did that (sic)," he tweeted.

The comedian was suspended from flying by IndiGo and Air India on Tuesday after he allegedly heckled Goswami aboard a Mumbai-Lucknow plane and posted a video clip on his Twitter handle.

While IndiGo suspended Kamra from flying with it for a period of six months, Air India banned him until further notice.

In a statement released on Twitter after he posted the video, Kamra said he did "exactly what Republic TV journalists do to people in their private/public spaces". Kamra stated he had not done anything criminal by allegedly heckling Goswami.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.