Reserve may submerge in Ken-Betwa project

September 25, 2016

New Delhi, Sep 25: About 7.2 lakh trees and a huge 90 square kilometres area of Panna Tiger Reserve (PTR) may be submerged in water due to the Ken-Betwa river linking project, according to an official report.

tiger

There will be also be an "irreversible" loss of breeding sites for wild animals after submergence of critical and specialised habitats under the proposed project which is likely to cost over Rs 9,000 crore.

The Ken-Betwa project is expected to provide drinking water supply for 13.42 lakh people and help irrigate 6.75 lakh hectares of land in the poverty-ridden Bundelkhand region covering parts of Madhya Pradesh and Uttar Pradesh.

The project is founded on construction of a dam at Dhaudan village inside the PTR's core area in Chhatarpur district of Madhya Pradesh.

"The entire forest area under the proposed submergence both within and outside PTR is tiger habitat, while the non-forest area is potential tiger habitat. Thus, about 90 sq km area of tiger habitat, including potential habitat, will have to be considered as submergence zone," National Board of Wildlife (NBWL) Standing Committee report on Ken-Betwa link project said.

At present, there are around 35 tigers in the reserve, which had in 2009 reported extinction of the big cats.

The report, which has been submitted to Union Environment Ministry, said the total counting of trees in the proposed submergence area has not been done, but a sample survey by the forest department has estimated that "about 7.2 lakh trees above 20 cm girth at breast height would submerge in the national park area and this number may go up to about 12 lakh stems when young poles and established sapling are accounted".

It said an equally high number of trees will be cut or lost in the forest areas outside the national park. "Thus considerable quantity of carbon stored as biomass would be released once the dam is constructed, in addition to loss of vegetation diversity," said the report, a copy of which was received by wildlife activist Ajay Dubey in response to an RTI query filed by him.

He said the National Green Tribunal and appropriate court will be approached to challenge the proposed project on the basis of the report's findings. The report said Panna Tiger Reserve has largely been valued with respect to the requirement of the tiger.

"The importance of other key wildlife such as sloth bear, leopard, rusty spotted cat, hyena, sambhar, chital, four-horned antelope and chinkara are largely ignored under the shadow of tiger, although tiger conservation may support the conservation of its associated fauna. Ken river along with its tributary is a lifeline of the park. Ken river basin is full of gorges, caves, rock crevices which are normally occupied by wild mammals for breeding and resting.

"During hot days in summer, these gorges, caves, rock crevices are major shelters for some of the animals listed above. Loss of breeding sites will be irreversible after submergence of these critical and specialised habitats, specifically in the major submergence zone," it said.

The blasting of stone quarries, use of heavy machinery, movement of heavy vehicles and presence of over 500 workers (at a time) for construction are some of the "major concerns", the report said.

"Given that the region (Bundelkhand) is poverty-ridden, the realised benefit of the project cannot be ignored and that there would certainly be a need to strike a balance between wildlife conservation and people's livelihood considerations," it said. The estimated cost of Ken-Betwa project is Rs 9,393 crore.

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Agencies
March 10,2020

New Delhi, Mar 10: Crisis-hit Yes Bank on Tuesday said that it has enabled inward IMPS and NEFT services.

The move allows people to send money from other bank accounts to their Yes Bank account through IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer) mode.

In a tweet, the bank also said that Yes Bank customers can pay their credit card dues and loan obligations from other bank accounts.

"Inward IMPS/NEFT services have now been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts. Thank you for your co-operation. @RBIA @FinMinIndia," said tweet.

Last week Yes Bank was placed under moratorium and a withdrawal cap of Rs 50,000 was imposed till April 3.

The administrator of Yes Bank, Prashant Kumar and Rajnish Kumar, the Chairman of the State Bank of India are hopeful that moratorium would be lifted within a week.

As per the Reserve Bank of India (RBI) draft reconstruction scheme for the crisis-hit private lender, the SBI will take up 49 per cent in the bank by investing Rs 2,450 crore.

The new board of directors will stand constituted from the appointed date. It will comprise a CEO and MD, non-executive chairman and non-executive directors. The SBI will have nominee directors appointed on the board of the reconstructed bank.

The RBI may appoint additional directors to the board, who shall continue in office for one year, or until an alternate board is constituted by Yes Bank.

The SBI will not reduce its holding below 26 per cent before completion of three years from the date of infusion of the capital.

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Agencies
July 13,2020

New Delhi, Jul 13: The Income Tax Department has facilitated a new functionality for banks and post offices to ascertain TDS applicability rates on cash withdrawal of above Rs 20 lakh in case of a non-filer of the income-tax return and that of above Rs 1 crore in case of a filer of the income-tax return.

In a statement, the Central Board of Direct Taxes (CBDT) said that now banks and post offices have to only enter the PAN of the person who is withdrawing cash for ascertaining the applicable rate of TDS.

So far, more than 53,000 verification requests have been executed successfully on this facility, a statement by the CBDT said.

"CBDT today said that this functionality available as 'Verification of applicability u/s 194N' on www.incometaxindiaefiling.gov.in since 1st July 2020, is also made available to the Banks through web-services so that the entire process can be automated and be linked to the Bank's internal core banking solution," it said.

On entering PAN by the bank or the post office, a message will be instantly displayed on the departmental utility: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 1 crore", in case the person withdrawing cash is a filer of the income-tax return.

In case the person withdrawing cash is a non-filer of income tax return, the message shown would be: "TDS is deductible at the rate of 2 per cent if cash withdrawal exceeds Rs 20 lakh and at the rate of 5 per cent if it exceeds Rs 1 crore."

The CBDT said that the data on cash withdrawal indicated that huge amount of cash is withdrawn by the persons who have never filed income-tax returns.

To ensure filing of return by these persons and to keep track on cash withdrawals by the non-filers, and to curb black money, the Finance Act, 2020 with effect from July 1, 2020 further amended IT Act to lower threshold of cash withdrawal to Rs 20 lakh for the applicability of this TDS for the non-filers and also mandated TDS at the higher rate of 5 per cent on cash withdrawal exceeding Rs 1 crore by the non-filers.

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News Network
March 13,2020

Bengaluru, Mar 13: In the wake of fresh cases of Covid-19 reported in Karnataka, Infosys Foundation chairperson Sudha Murty has urged the Karnataka government to take steps to shut malls and theatres, saying the coronavirus multiplies in air-conditioned areas.

In a letter to the government, she said preventive measures should be taken to control the spread of coronovirus before it gets worse.

Murty, who also leads the State government-constituted Karnataka Tourism Task Force, said she has discussed the current situation with Chairman and Executive Director of Narayana Health, Devi Prasad Shetty.

She suggested closure of all schools and colleges with immediate effect, malls, theatres and “all air-conditioned areas where the virus multiplies”, and allow only essential services like pharmacy, grocery and petrol bunks.

“It is not scientifically proven that the virus dies in high temperature,” she said pointing to spread of the virus -- despite heat -- in peak summer in Australia and Singapore, which have “summer all 12 months”.

“I request you to vacate one government hospital with at least 500 - 700 beds for this purpose (to deal with coronavirus cases), which requires oxygen lines and pipes,” she said.

“Infosys Foundation, the philanthropic and CSR arm of software major Infosys, would do the civil work and Devi Shetty has agreed to share resources like medical equipment,” she added.

“We would like to work with the government proactively so that we can prevent this as early as possible,” Sudha Murty said.

The total number of confirmed coronavirus positive cases in Karnataka is five, including the 76-year old man from Kalaburagi who died on Tuesday night.

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