Dalmia Bharat adopts Shah Jahan’s Red Fort thanks to Modi govt

Agencies
April 29, 2018

New Delhi: In a shocking move, the Prime Minister Narendra Modi led NDA government at the Centre has given the Red Fort, a 17th century monument built by Shah Jahan to 77-year-old Dalmia Bharat group for adaptation in a contract worth Rs 25 crore spanning five years.

The Dalmia Bharat group won the contract by beating IndiGo Airlines and the GMR group in the race to bag one of the most prestigious contracts under the Indian government's ‘Adopt A Heritage’ scheme.

As per the agreement, the corporate giant would build basic infrastructure around the monument and maintain it.

Meanwhile, the government has dismissed opposition allegations that it is trying to "privatise" India's heritage, saying that the contract signed with Dalmia Bharat Group giving it access to the Red Fort does not entail any profit-making activity.

"No profit activity will take place," Union minister Mahesh Sharma clarified on Saturday. He said that Dalmia Group has been assigned the task of adding value to the services being provided to tourists visiting the historic monument.

"The President announced a scheme on World Tourism Day 2017 that those interested in value addition to any services of monuments can come forward. Some services of Red Fort have been given to the Dalmia Group," Sharma was quoted as saying by a news agency

Opposition questions

The Congress party on Saturday questioned the government's move to "lease out" the Mughal-era monument to a private entity.

In a question on Twitter, the Congress asked, "After handing over the Red Fort to the Dalmia group, which is the next distinguished location that the BJP government will lease out to a private entity? Parliament? Lok Kalyan Marg? Supreme Court? Or All of the above?"

"They are handing over the iconic monument to a private business. What is your commitment to the idea of India, to the history of India? We know you have no commitment, but we still want to ask you," Congress spokesperson Pawan Khera told reporters.

"Do you have dearth of funds. Why funds for the ASI (Archaeological Survey of India) lapse, why do they lapse. See the CAG (Comptroller and Auditor General) reports. If they have paucity of funds, then why do they lapse?" he asked.

Calling the decision a "sad and dark day in (India's) history", TMC chief Mamata Banerjee asked why the government itself cannot take care of the monument.

"Why can’t the Government even take care of our historic Lal Qila? Red Fort is a symbol of our nation. It is where India’s flag is hoisted on Independence Day. Why should it be leased out ? Sad and dark day in our history," Banerjee tweeted.

TMC MP Derek O'Brien also took to Twitter to question the move. "Wah! So here is acche din. Red Fort being 'sold '? Now other national treasures ready to be auctioned to highest bidder. As Chairman Parliament Cmtee of Transport Tourism & Culture, can say matter was still being "discussed". Pledge to stop this," he wrote.

CPM reminded the Government that the Parliamentary Committee that went into the issue of handing over heritage sites to private entities had "decided against this unanimously".
The Left party in a statement said the government "virtually handed over the Red Fort to the Dalmia group". It urged the Government to rescind its decision.

Responding to opposition remarks, minister of state for tourism KJ Alphons said under the scheme started last year, the ministry is looking at public participation to develop heritage monuments.

"The companies involved in these projects will only spend and not make money. They will create amenities such as toilets, provide drinking water for the tourists so that their footfalls increase. They might put up signs outside to say that they have developed the amenities. If they are spending money, there is nothing wrong in taking credit for it," he said.

"I want to ask the Congress what they did for the past 70 years. All the monuments and facilities around them are in terrible shape. In some places, there were no facilities at all," he said.

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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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News Network
June 3,2020

New Delhi, Jun 3: India registered its highest single-day spike in COVID-19 cases on Wednesday with 8,909 more cases reported in the last 24 hours, taking the country's tally to 2,07,615, while the death toll rose to 5,815 according to the Union Health and Family Welfare Ministry.

The number of active COVID-19 cases stood to 1,01,497 while 1,00,303 people have been cured/discharged/migrated.

According to the Union Health and Family Welfare Ministry, out of all the states, Maharashtra has recorded the highest number of coronavirus cases with 72,300 patients followed by Tamil Nadu with 24,586 cases.

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News Network
January 24,2020

New Delhi, Jan 24: Under attack for doling out subsidies, Delhi Chief Minister Arvind Kejriwal on Friday said freebies in limited dose are good for the economy as they make more money available to the poor and boosts demand.

Opposition parties have been attacking the AAP-led Delhi government for giving "freebies" ahead of polls after it announced schemes like free bus rides for women and 200 units of free electricity.

"Freebies, in limited dose, are good for economy. It makes more money available to poor, hence boosts demand. However, it should be done in such limits so that no extra taxes have to be imposed and it does not lead to budget deficits," Kejriwal said in a tweet.

Slamming the BJP, Kejriwal said he is happy that the people of Delhi have forced the Saffron party to ask for votes on the basis of CCTVs, schools and unauthorised colonies.

Reacting to a tweet of the BJP Delhi in which Home Minister Amit Shah had asked how many schools have been constructed and cameras installed by the AAP government, Kejriwal said he is happy that Shah saw some CCTV cameras as earlier he had claimed that he could not find a single one.

"I am happy you saw some CCTV cameras. A few days back you said there was not a single camera. Take out some time we will show you our schools also. I am extremely happy that the people of Delhi have changed the politics by which the BJP has to ask for votes on CCTV, schools and raw colonies here," he said in a tweet.

Responding to Shah's allegation that he could not find WiFi in Delhi as promised by Kejriwal and that his battery drained out in the process, the Delhi chief minister said along with free WiFi they have also made arrangement for free charging points.

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