Can’t afford a car? 67% of UP MLAs are crorepatis

July 5, 2012

MLAcrore

Lucknow, July 5: Having invited comparisons with Mayawati's profligate ways, a rattled UP chief minister Akhilesh Yadav on Wednesday reversed his decision to allow all legislators to purchase four-wheelers worth up to Rs 20 lakh by dipping into their local area development fund.

This is the second time in three weeks that Akhilesh has been forced to revoke his decision within 24 hours. Last month, he rescinded his order of shutting down malls and shops at 7pm to tackle the power crisis.

"I take back the decision. The reason for this is that most of the MLAs have decided not to take the offer after media criticism," a visibly upset Akhilesh said. "I felt that since MLAs have to move constantly, a vehicle will help them visit remote areas and monitor development effectively. But the media painted the decision as if it was against public interest," he said. The spirit of the decision, he added, was not understood.

An upset Akhilesh Yadav defended his "car fund" for legislators as meant only for those who could not afford one, but the chief minister's argument doesn't really wash.

According to analysis by an NGO, out of 403 MLAs in UP, 271 (67%) are crorepatis. There are only six MLAs who have declared assets less than Rs 5 lakh. Among the main parties, the average assets per candidate for SP is Rs 2.52 crore; for BSP it's Rs 4.44 crore; for BJP it's Rs 4.01 crore; and for Congress Rs 4.61 crore.

Akhilesh said many legislators had told him that they had vehicles that were seven to eight years old and were no longer suited to travelling large distances. It was after the media hype that MLAs refused to buy a car with the area development fund, he said.

But incongruously, after blaming the media, Akhilesh said the rollback should be seen as a sign of healthy democracy where due weightage is given to the "positive" suggestions by the opposition parties.

BSP's leader of opposition Swami Prasad Maurya welcomed the move but gave credit to the opposition for the rollback. He said the opposition pressure forced the government to revoke its decision to use MLA funds for buying personal cars.

"This and his earlier decision to shut malls at 7pm show that the CM is immature," he said, adding some ministers were the real force behind the decision.

BJP spokesman Vijay Bahadur Pathak said there was something wrong with Akhilesh's advisers. The Congress, however, was all praise.

Akhilesh Pratap Singh of Congress said, "By taking the decision back, the government has shown it has the courage to rectify a wrong as everyone said it would not send a good message."

Among main parties, the average assets per candidate for SP is Rs 2.52 crore; for BSP it's Rs 4.44 crore; for Congress Rs 4.61 crore, and for BJP it's Rs 4.01 crore.


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News Network
January 14,2020

Chennai/New Delhi, Jan 14: India's annual electricity demand in 2019 grew at its slowest pace in six years with December marking a fifth straight month of decline, government data showed, amid a broader economic slowdown that led to a drop in sales of everything from cars to cookies and also to factories cutting jobs.

Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy.

India's power demand grew at 1.1% in 2019, data from the Central Electricity Authority showed, the slowest pace of growth since a 1% uptick seen in 2013. The power demand growth slowdown in 2013 was preceded by three strong years of consumption growth of 8% or more.

In December, the country's power demand fell 0.5% from the year-earlier period, representing the fifth straight month of decline, compared with a 4.3% fall in November.

But in India's western states of Maharashtra and Gujarat, two of India's most industrialised provinces, monthly demand increased.

In October, power demand had fallen 13.2% from a year earlier, its steepest monthly decline in more than 12 years, as a slowdown in Asia's third-largest economy deepened.

Industry accounts for more than two-fifths of India's annual electricity consumption, while homes account for nearly a fourth and agriculture more than a sixth.

The slower demand growth is a blow for many debt-laden power producers, who are facing financial stress and are owed over $11 billion by state-run distribution companies.

India's overall economic growth slowed to 4.5% in the July-September quarter, government data released in November showed, the weakest pace since 2013 as consumer demand and private investment fell.

The government has estimated growth in the current financial year that runs through to March will be the slowest since the 2008 global crisis.

"This reflects overall economic slowdown, because if you look at other high frequency data like diesel consumption, everywhere you are seeing contraction," Rupa Rege Nitsure, chief economist at L&T Financial Holdings.

But India's central bank will not have much scope to cut rates to stimulate the economy because inflation has been rising sharply and reached 7.35% in December compared with 1.97% in January last year.

Economists say India's growth will continue to hover around 4.5% levels in the Oct-Dec quarter.

"In the Oct-Dec quarter as well growth (GDP) will be around the same level as July-September. My estimate for the full year is around 4.7% growth," Nitsure said.

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News Network
January 10,2020

New Delhi, Jan 10: An IPS officer's thumb was bitten by a woman protester when he was pushing back agitators, who were trying to march towards the Rashtrapati Bhawan here on Thursday, police sources said.

The protesters had gathered after a call was given by JNU Students' Union president Aishe Ghosh to march towards President's House to demand the removal of University's Vice Chancellor, M Jagadesh Kumar.

Ingit Pratap Singh, a 2011 batch officer, who is currently posted as the additional deputy commissioner of the southwest district, was injured in the attack.

According to sources, Singh was trying to pull a male protester when the woman, in a bid to shield her friend, bit Singh's left thumb.

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News Network
May 10,2020

Thiruvananthapuram , May 10: Issuing latest order in view of coronavirus outbreak, the Kerala government has ordered complete shut down on all Sundays.

"With a view to prevent the spread of COVID-19, improve the quality of life, reduce the carbon emissions, protect the environment and greenery of the State, the following protocol would be observed on Sundays across the State. Sundays will be observed as total shut down days until further orders," the order read.

Following activities will be permissible on Sundays:

A) Shops selling essential items

B) Collection and distribution of milk

C) Supply of Newspaper, media, hospitals, medical stores, medical labs and related institutions

D) No social gathering is permitted except for marriages and funerals

E) Departments, agencies and activities connected with the containment of COVID-19

F) Movement of goods vehicles

G) Agencies in the field of waste disposal

H) All manufacturing and processing activities of continuous nature and ongoing construction activities will be permitted

I) Take away counters of the hotel from 8 a.m to 9 p.m, online delivery up to 10 pm

J) Walking and cycling will be permitted.

K) In addition, the following roads mentioned in Annexure will be closed for motorised traffic except for movement of essential goods and emergency vehicles from 5 am to 10 am. During this time, non-motorised traffic such as walking and cycling will be permitted.

L) Movement of persons on Sundays are allowed only for health emergencies, Government servants on emergency duties and persons engaged in activities connected with Covid-19 containment, persons involved in the activities from (a) to (k) above, priests and other religious persons responsible for conducting rituals in worship places.

M) Any other movement of persons, if any in exigencies, shall only be with the travel passes obtained from District Collector or Police authorities concerned.

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