Robert Vadra to face CBI heat as probe to begin in Bikaner land deals case

Agencies
August 31, 2017

New Delhi, Aug 31: After registering a case against RJD chief Lalu Prasad Yadav and AAP minister Satyendra Jain, the Central Bureau of Investigation (CBI) is now going to probe the land scam involving Robert Vadra, the son-in law of Congress president Sonia Gandhi. The CBI registered 18 FIRs on Wednesday after the BJP-led Rajasthan government asked for a probe into alleged land scams in Bikaner.

Separate FIRs were registered under several sections of IPC regarding a series of transactions of land allotted in lieu of Mahajan Firing range in Bikaner, of which Vadra's companies also made a few purchases and later sold them at a hefty profit. The case emerged in 2014 when the state cancelled 18 mutations, that is, transfer of ownership in Bikaner, after finding them to be illegal.

The land was illegally allotted or possessed in 2006-07 by some villagers who were "wrongfully" shown as farmers displaced by Mahajan Field Firing Range of the army.

Land Scam

While those who had actually lost the land were rehabilitated in the 90s, it was alleged that several parties, including Vadra's company, had purchased large amounts of land.

The CBI investigations are likely to land a few influential people from the region, including some Congress leaders, in trouble. Vadra came into the picture at a later stage and most of the land he purchased in the name of a few companies had already exchanged hands a few times.

At one point, he was the director of more than one company whose net land holding in that area exceeded land ceiling by a small margin, but he once clarified that the excess land was surrendered.

However, he faced the allegation of buying land on being sounded by Congress governments at the center and the state about proposed setting up of solar parks - which got the rock bottom land prices to skyrocket at once. Yet, the profit he made was estimated to be only a few crores - a meager amount compared to what his land deals in Gurugram are alleged to have yielded.

CBI Investigations to Bring Trouble

Some of the lands he sold were bought by the state's Congress leaders. The state government, according to home minister Gulab Chand Kataria, found it difficult to investigate the web of transactions and alleged violations. There were also allegations that Vadra had bought a lot more than what has been reported, but these claims remain unsubstantiated. This shows that either the Vasundhara Raje government in the state was reluctant to nail Vadra or it did not find enough substance to go after him and therefore decided to send the cases to the CBI. There have been a few arrests in the past, and CBI investigations are expected to bring trouble for many more.

This is why, Vadra may be interrogated by CBI and end up facing charges of wrongdoings such as buying from those who had bought it fraudulently or exceeding land ceiling at one point.

Vadra had earlier claimed that he was innocent and was being targeted. He took to Facebook to vent his ire and wrote, "Another attempt of malicious prosecution exposed. First, Rajasthan police filed a FIR on 26 August 2014. In 3 years, they filed the chargesheets, summoned documents, as also company officials, yet found not an iota of evidence. Neither the FIR nor the chargesheets accuse the companies associated with me in any manner whatsoever."

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News Network
April 7,2020

New Delhi, Apr 6: Kerala Governor Arif Mohammad Khan on Monday complimented his counterparts in other states for voluntarily accepting a 30 per cent cut in their salaries and allowances in the fight against coronavirus.

Talking to the news agency over the phone, Khan referred to the announcement in this regard made by the Centre on Monday and said he had already written to President Ram Nath Kovind, asking him to reduce his salary and allowances by 30 per cent.

"It is everyone's duty to do this when the country is fighting the pandemic. Even if it is more than 30 per cent of the salary cut, we have to accept it, he said.

The country is fighting an invisible enemy and it is everybody's duty to contribute to meet the challenge, the governor said.

Khan appreciated the LDF government in Kerala and Chief Minister Pinarayi Vijayan for taking "proactive" measures in containing spread of coronavirus.

"The government is keeping me informed about the measures taken by it and I on my part give them suggestions and ideas to tackle the menace," he said.

In Kerala, "We have a capable and competent government and over 80 per cent of patients in the state are those Indians who returned from abroad or foreigners. The community spread cases are very less, he said.

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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
March 2,2020

Mar 2: Two more positive cases of the novel coronavirus -- one in Delhi and another in Telangana -were reported, the Union Health Ministry said on Monday.

The person from Delhi had travelled to Italy, it said adding he is being diagnosed at RML hospital.

The other person with the coronavirus infection has a travel history to Dubai, the ministry added.

"Both the patients are stable and being closely monitored," the ministry said.

Sunitha Krishnan is the name of the patient from Telangana and she is a social activist.

Krishnan has tweeted, "So going to enjoy hospitality at Gandhi Hospital for two days as admitted in the isolation ward suspected coronavirus. They have not started the tests yet( 1.30 hrs since I arrived).I believe the results make take 48hrs. At this pace, I have a feeling I am might be here sometime."

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