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 Last month, he rescinded his order of shutting down malls and shops at 7pm to tackle the power crisis.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
June 8,2020

Jun 8: Petrol and diesel prices were hiked by 60 paisa per litre on Monday, for the second day in a row, as state-owned oil firms reverted to daily price revisions after a 83-day hiatus.

Petrol price in Delhi was hiked to Rs 72.46 per litre from Rs 71.86 on Sunday, while diesel rates were increased to Rs 70.59 a litre from Rs 69.99, according to a price notification of state oil marketing companies.

This is the second daily increase in rates in a row. Oil companies had on Sunday raised prices by 60 paisa per litre on both petrol and diesel after ending a 83-day hiatus in daily rate revision.

Daily price revision has restarted, an oil company official said.

While oil PSUs have regularly revised ATF and LPG prices, they had since March 16 kept petrol and diesel prices on hold, ostensibly on account of extreme volatility in the international oil markets.

Auto fuel prices were frozen soon after the government raised excise duty on petrol and diesel by Rs 3 per litre each to mop up gains arising from falling international rates.

The government on May 6 again raised excise duties by Rs 10 per litre on petrol and Rs 13 per litre on diesel.

Oil companies, instead of passing on the excise hike to consumers, decided to adjust them against the reduction required because of the drop in international oil prices. They used the same tool and did not pass on the Re 1 per litre hike required for switching over to ultra-clean BS-VI grade fuel from April 1.

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News Network
March 25,2020

New Delhi, Mar 25: The government is likely to agree an economic stimulus package of more than Rs 1.5 lakh crore ($19.6 billion) to fight a downturn in the country that is currently locked down to stem the spread of coronavirus, two sources familiar with the matter told news agency.
The government has not yet finalised the package and discussions are ongoing between Prime Minister Narendra Modi's office, the finance ministry, and Reserve Bank of India (RBI), said both the sources, who asked not to be named as the matter was still under discussion.

One of the sources, a senior government official, said the stimulus plan could be as large as Rs 2.3 lakh crore, but final numbers were still in discussion.

The package could be announced by the end of the week, both sources added.

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Agencies
July 8,2020

New Delhi, Jul 8: India has reported a spike of 22,752 COVID-19 cases in the last 24 hours, taking the country's coronavirus tally to 7,42,417 on Wednesday, informed the Union Ministry of Health and Family Welfare.

Out of the total cases reported, 4,56,830 patients have been cured/discharged from the disease while one patient has been migrated, the Health Ministry informed.

It added that there are 2,64,944 active cases in the country.

482 deaths reported in the last 24 hours due to COVID-19 in the country, taking India's death toll to 20,642.

According to the Union Health Ministry, Maharashtra continues to be the worst affected state reporting 2,17,121 coronavirus cases and 9,250 fatalities.

Tamil Nadu -- the second worst-affected state from COVID-19 -- has a total of 1,18,594 cases and 1,636 deaths due to coronavirus.

While Delhi has a total of 1,02,831 COVID-19 cases including 3,165 deaths.

The Indian Council of Medical Research on Wednesday informed that a total of 1,04,73,771 samples tested for COVID-19 up to July 7. Of these, 2,62,679 samples were tested on Tuesday.

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