Rs. 86.56 crore spent on Mayawati's bungalow

June 15, 2012

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Lucknow, June 15: The bungalow of the former Uttar Pradesh Chief Minister, Mayawati, here is back in the news after the Akhilesh Yadav government disclosed in the Assembly on Thursday that Rs. 86.56 crore was spent on its construction and renovation when her Bahujan Samaj Party ruled the State from 2007 to March 2012.

Another Rs. 20.15 lakh was spent on its maintenance. But a probe was not conducted since there was no complaint of financial irregularities. And the money spent was not audited either, the government said.

To a question from Ravidas Mehrotra of the Samajwadi Party, Minister of State for Protocol Abhishek Mishra said that “from 2007 to 2012, Rs. 8,656.20 lakh [Rs. 86.56 crore] was spent on the construction works of 13A, Mall Avenue bungalow of the former Chief Minister.” The Power Maintenance Zone-2 spent Rs.11.49 lakh and the Civil Maintenance Zone-2 spent Rs.8.66 lakh on maintenance works.

As no complaint of irregularities was received, Mr. Mishra said, a probe was not done. And it would not be possible to comment on points of irregularities because the expenditure was not audited.

Irrigation Minister Shivpal Singh Yadav said the government would re-acquire the irrigation land at Noida transferred to private builders during the Mayawati regime.

He was also critical of the demolition of Parikalp Bhawan, which housed the office of the Irrigation Department, and the colony, meant for the Department staff, — spread over 21,923.92 square metres — in Lucknow for building Buddha Vihar. The initial estimate of Rs. 80 crore for Buddha Vihar was revised to Rs. 448 crore.

Presenting the Irrigation Budget for 2012-13, Mr. Shivpal Singh Yadav said that during the previous regime, irrigation land was handed over to builders after the land use pattern was changed. “The deal caused the exchequer a loss of Rs. 2,642 crore,” he said, blaming the then Chairman of Noida Authority and vowing to punish the guilty officers.

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News Network
February 19,2020

London, Feb 19: Indian universities had a good performance year within the emerging economies of the world as a record 11 made it to the top 100 Times Higher Education's (THE) Emerging Economies University Rankings 2020.

Only China has more universities than India in the top 100 at 30 from a total of 47 countries and territories included in the analysis released in London on Tuesday evening.

A total of 56 Indian universities appear in the full ranking of a total of 533 universities across emerging economies of the world.

The Indian Institute of Science (IISc), ranked 16th, is India’s top-ranked institution followed by the Indian Institute of Technologies (IITs).

"There has long been a debate about the success of Indian universities in world rankings, and for too long they have been seen as underperforming on the global stage," notes Phil Baty, Chief Knowledge Officer for the THE.

"The Emerging Economies University Rankings 2020 suggests that real progress is being made by a number of institutions in a number of metrics across our robust methodology, and could mark an exciting turning point for Indian higher education, enabled in part by the Institutes of Eminence scheme," he said.

The Indian government’s Institutes of Eminence scheme was established in 2017 and one of its participating universities, Amrita Vishwa Vidyapeetham, has entered the top 100 for the first time, moving up a huge 51 places from joint 141st in 2019.

The other universities included in the Institutes of Eminence scheme that appear in the top 100 mark the biggest improvers in the ranking with IIT Kharagpur moving up 23 places to 32nd, IIT Delhi improving by 28 places to joint 38th and IIT Madras climbing 12 places to joint 63rd.

The Institutes of Eminence scheme provides participating universities with government funding and greater autonomy with the aim of moving them into the top 100 of the world university rankings, including Times Higher Education’s World University Ranking, over time.

The expectation is that this will be achieved through a number of changes including an increase in foreign students and staff, offering online courses and encouraging academic collaboration with other top universities around the world.

This year marks only the second time that 11 Indian institutions have held top 100 positions since the ranking began in 2014, when much fewer universities took part in the ranking globally.

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News Network
January 31,2020

New Delhi, Jan 31: Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.

As per the first advance estimates released by the National Statistical Organisation (NSO), the country's economic growth is likely to hit an 11-year low of 5 per cent in the current fiscal ending March 2020.

The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21.

The Indian economy has hit the bottom and it will see an uptick from here, he said in a media briefing post the Economic Survey.

Amidst a weak environment for global manufacturing, trade and demand, the Indian economy slowed down with GDP growth moderating to 4.8 per cent in the first half of 2019-20, lower than 6.2 per cent in H2 of 2018-19.

Based on NSO's first advance estimates of GDP growth for 2019-20 at 5 per cent, an uptick in GDP growth is expected in the second half of the fiscal, it said.

According to it, the uptick in second half of 2019-20 would be mainly due to ten positive factors like picking up of Nifty India Consumption Index for the first time this year, an upbeat secondary market, higher FDI flows, build-up of demand pressure, positive outlook for rural consumption, rebound of industrial activity, steady improvement in manufacturing, growth in merchandise exports, higher build-up of foreign exchange reserves and positive growth rate of GST revenue collection.

The survey also emphasised that merger of public sector banks may increase the financial strength of the merged entities, lower the risk aversion and result in lowering of lending rates.

Further, as the implementation of GST further settles down, the increased unification of the domestic market may reduce business costs and facilitate fresh investment.

Reforms in land and labour market may further reduce business costs, said the survey, presented a day before Sitharaman's Union Budget 2020-21.

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News Network
May 9,2020

May 9: Union Home Minister Amit Shah has said the West Bengal government is not allowing trains with migrant workers to reach the state that may further create hardship for the labourers.

In a letter to West Bengal Chief Minister Mamata Banerjee, Shah said not allowing trains to reach West Bengal is "injustice" to the migrant workers from the state.

Referring to the 'Shramik Special' trains being run by the central government to facilitate transport of migrant workers from different parts of the country to various destinations, the home minister said in the letter that the Centre has facilitated more than two lakh migrants workers to reach home.

Shah said migrant workers from West Bengal are also eager to reach home and the central government is also facilitating the train services.

"But we are not getting expected support from the West Bengal. The state government of West Bengal is not allowing the trains reaching to West Bengal. This is injustice with West Bengal migrant labourers. This will create further hardship for them," Shah wrote.

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