Pramod Sawant sworn in as Goa Chief Minister

Agencies
March 19, 2019

Panjim, Mar 19: BJP's Pramod Sawant was on Tuesday sworn in as the new chief minister of Goa, succeeding Manohar Parrikar, cremated hours earlier with state honours.

At a much-delayed swearing-in ceremony, held around 2 am on Tuesday, 11 other MLAs, part of the Parrikar-led cabinet, were also sworn in as ministers.

The ceremony, held at a cramped Raj Bhavan, was to take place at 11 pm on Monday but was delayed due to inexplicable reasons.

Sawant, 46, was Speaker of Goa Legislative Assembly.

As per the power-sharing arrangement reached with allies, an MLA each from MGP and GFP, two small parties backing BJP in the coastal state would be made deputy CMs.

Sawant said his party BJP has given him a big responsibility.

Talking to reporters, Sawant credited Parrikar, who died Sunday after battling pancreatic cancer, for bringing him into politics.

After a stalemate following a series of meetings with the allies, he BJP managed to break the deadlock, offering them their pound of flesh, by accepting the key demand for deputy CM's posts.

There was no such arrangement (Dy CM post) in place when Parrikar was the CM.

"We managed to convince the alliance partners and finalised the formula of two deputy chief ministers for the state," a senior BJP functionary said.

There werew a series of meetings involving the Goa Forward Party and Maharashtrawadi Gomantak Party's three MLAs each, an equal number of Independents, and BJP legislators since late Sunday night to reach a consensus on Parrikar's successor.

Union minister Nitin Gadkari had flown into the state early Monday to lead the discussions. BJP chief Shah, who was also in Goa, is learnt to have supervised the party's cobbling up the requisite numbers to stake claim to form government.

Parrikar was heading a coalition government comprising the BJP, three MLAs each of the Goa Forward Party (GFP), the MGP and three independents.

The Congress is currently the single largest party in the state with 14 MLAs. The BJP has 12 legislators in the 40-member Assembly, whose strength now is 36 after Parrikar's death.

The strength of the House has reduced due to demise of BJP MLA Francis D'Souza earlier this year, and Parrikar on Sunday, and resignations of two Congress MLAs Subhash Shirodkar and Dayanand Sopte last year.

All the state Congress MLAs met Governor Mridula Sinha on Monday and staked claim to form government in the coastal state.

The MLAs, led by Leader of the Opposition Chandrakant Kavlekar, went to Raj Bhawan and handed over a letter to Sinha, saying it was the single largest party in the Assembly and should be allowed to form the government.

"We are saddened by the chief minister's demise, but before his final rites are performed, a new government has to be formed...The governor acknowledged that the Congress is the single largest party and she said she will get back to us," Kavlekar told reporters.

Parrikar was cremated with state honours here Monday, with thousands bidding the affable politician a fond farewell.

BJP president Amit Shah, some Union ministers and chief ministers of BJP-ruled states attended the funeral at Miramar.

Parrikar's eldest son Utpal lit the funeral pyre.

The funeral procession started from the Kala Academy where thousands, including Prime Minister Narendra Modi, paid their last respects to the former defence minister.

The mortal remains of the 63-year-old senior BJP leader were kept in a flower-decked hearse which left for the Miramar beach, where the last rites were performed.

The affection and popularity Parrikar enjoyed among ordinary Goans was on display as hundreds of common folks, and his party workers lined up to pay tributes to the chief minister, who died on Sunday after prolonged illness.

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News Network
March 4,2020

New Delhi, Mar 4: The government on Wednesday permitted NRIs to own up to 100 per cent stake in disinvestment-bound Air India.

The decision comes at a time when the government is looking to sell 100 per cent stake sale in the national carrier.

Union minister Prakash Javadekar said the Cabinet has approved allowing Non-Residents Indians (NRIs) to hold up to 100 per cent stake in Air India.

Allowing 100 per cent investment by Non-Resident Indians (NRIs) in the carrier would also not be in violation of SOEC norms. NRI investments would be treated as domestic investments.

Under the Substantial Ownership and Effective Control (SOEC) framework, which is followed in the airline industry globally, a carrier that flies overseas from a particular country should be substantially owned by that country's government or its nationals.

Currently, NRIs can acquire only 49 per cent in Air India. Foreign Direct Investment (FDI) in the airline is also 49 per cent through the government approval route.

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines.

In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

On January 27, the government came out witha Preliminary Information Memorandum (PIM) for Air India disinvestment. It has proposed selling 100 per cent stake in Air India along with budget airline Air India Express and the national carrier's 50 per cent stake in AISATS, an equal joint venture with Singapore Airlines.

Under the latest disinvestment plan, the successful bidder would have to take over only debt worth Rs 23,286.5 crore while the liabilities would be decided depending on current assets at the time of closing of the transaction.

This is the second attempt by the government in as many years to divest Air India, which has been in the red for long.

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News Network
March 21,2020

New Delhi, Mar 21: Novel coronavirus cases in India rose to 258 on Saturday after 35 fresh cases were reported in various parts of the country, according to the Health Ministry.

Among the 258 are 39 foreign nationals, including 17 from Italy, three from the Philippines, two from the UK, one each belonging to Canada, Indonesia and Singapore.

The total figure also includes four deaths reported from Delhi, Karnataka, Punjab and Maharashtra.

"The total number of active COVID-19 cases across India stands at 231 so far," the ministry said, adding that 23 others have been cured/discharged/migrated while four have died.

Delhi has, so far, reported 26 positive cases, which include one foreigner, while Uttar Pradesh has recorded 24 cases, including one foreigner.

Maharashtra has 52 cases, including three foreigners, while Kerala has recorded 40 cases, which include seven foreign nationals.

Karnataka has 15 coronavirus patients. The number of cases in Ladakh rose to 13 and Jammu & Kashmir four. Telangana has reported 19 cases, which include 11 foreigners.

Rajasthan has also reported 17 cases, including two foreigners. Gujarat has reported seven cases so far.

Tamil Nadu, Andhra Pradesh and Uttarakhand have reported three cases each.

West Bengal, Odisha and Punjab each reported two cases while Puducherry, Chhattisgarh and Chandigarh reported one case each.

In Haryana, there are 17 cases, which include 14 foreigners.

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News Network
March 6,2020

Mumbai, Mar 6: A Rolls Royce car, paintings of famous artists M F Hussain and Amrita Sher-Gil, designer handbags and other luxury items belonging to fugitive diamond jeweller Nirav Modi garnered over Rs 51 crore in the second auction conducted on Thursday.

As many as 40 items went under the hammer on Thursday, which marks the completion of auction of assets seized by the Enforcement Directorate.

The auction was conducted by Saffronart on behalf of the deputy director, Enforcement Directorate, and was expected to garner a minimum of Rs 40 crore in proceeds.

A collection of 112 prized assets of Modi were put up for live and online auctions from March 3 to 5, which included major artworks by contemporary and modern Indian artists, designer handbags, luxury watches and cars.

While the online auction on March 3-4 garnered Rs 2.04 crore against the expected proceeds of Rs 52 lakh, the live auction on Thursday garnered Rs 51.41 crore more.

These assets, seized by the ED, were put on auction in an attempt to recover a part of the dues Modi owes to various banks.

According to officials from Saffronart, the ED would get Rs 53.45 crore from the proceeds of these two auctions.

The lots that went under the hammer included legendary painter MF Hussain's painting of 'Battle of Ganga and Jamuna- Mahabharata 12' which went for a record 12 crore, the highest price received so far for the painter's work.

Amrita Sher-Gil's rare 1935 painting 'Boys with Lemons', which was auctioned for the first time, sold for Rs 15.7 crore ($2.24 million).

V S Gaitonde's tranquil 1972 painting was sold for Rs 9.52 crore while Manjit Bawa's Untitled 1992 sold for Rs 6.16 crore. Modi's Rolls Royce Ghost witnessed a high demand, selling for twice its estimate at Rs 1.68 crore ($240,000).

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