Sunday, May 18, 2014

AAP Not to form government in Delhi

18052014

‘चाहे कुछ भी हो हम Delhi में सरकार नहीं बनाएगी’    
Embedded image permalink
 
 
 


 

FISME : INDO-PAK TRADE NORMALIZATION COULD BE A GAME-CHANGER: BISWAL

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President’s Message
” The Reserve Bank of India (RBI) panel headed by PJ Nayak (Axis Bank fame) has finally lifted the lid on the Indian banking sector. The panel says that while the public sector banks suffer from undue interference from Government leading to poor decisions. The practice in many large Private Banks of ‘ever-greening’ bad loans but still continuing with hefty bonuses also exposes the banking sector to grave dangers. Both choke flow funds for investment. Panel’s recommendations that the government should divest its stake in state-owned banks to less than 50%, allow private equity houses to own 40% in distressed banks, and strip managers of private sector banks of their bonuses if caught ever-greening sticky loans, are path breaking. Indian MSMEs have a great stake: a competitive banking sector is much more in the interests of MSMEs than the policy of directed lending. ”
Dr. D. Gandhikumar, President, FISME
Vol IV, Issue 58: May 15, 2014
Activities

FISME hosts SAARC-TPN’s SME Working Group in New Delhi

The SAARC Trade Promotion Network- an international initiative to deepen intra-SAARC trade and cooperation and supported by GIZ, Nepal, held the meeting of SME Working group meeting at FISME Secretariat. The working group members from Afghanistan, Nepal and Sri Lanka participated in the deliberations along with members from Pakistan and Bangladesh who joined in through Skype. Besides reviewing ongoing initiatives, the working group gave in principle approval to FISME for implementing a value chain development project for two sectors: Juices and Textiles & Garments as lead organization with member organizations in other SAARC countries.

Reserve Bank- FISME Town Hall meeting with MSMEs in Badli, New Delhi

Reserve Bank (Delhi Region), with the support of Federation of India Micro and Small & Medium Enterprises (FISME), held its first town hall meeting on 2nd May 2014, with the Badli Industries Association which was chaired by the General Manager, Rural Planning and Credit Department (RPCD), RBI, Sonali Sengupta. The main objective of the meeting was to discuss the grievances and feedback that the small entrepreneurs face with the public as well as private sector banks. Most of the MSMEs face problems of finance in general and institutional funding in particular while entrepreneurs spend 70 to 80 per cent of their time in dealing with finance related matters, representatives of small industries in west Delhi area of Badli told RBI at the townhall meeting, an initiative of the central bank along with the industry body FISME.

FISME delegation to Taiwan

A 12 member Federation of Indian Micro and Small & Medium Enterprises (FISME) delegation participated in Taipei Manufacturing Technology Show (MTDUO 2014) held from 8th to 11th of May 2014 in Taipei, Taiwan, R.O.C. The delegation was coordinated by Taiwan External Trade Dev. Council and VTPC ( Government of Karnataka) provided support to Karnataka MSMEs. FISME delegation was led by Mr. Mohan Suresh, Past President of FISME. The delegates had an exposure to some of the latest machines being produced in Taiwan which were not normally to be seen in other exhibitions. The live demonstration in progress at the venue gave a very clear picture of the machine could deliver.
What should be the top priority for new government to improve? *
 
  •  Taxation (including GST)
  •  Infrastructure
  •  Manufacturing
  •  Meaningful dialogue with business & feedback back mechanism
  •  Other: 
 
Business Banter: Lessons from Entrepreneurs

The 10 Most Shockingly Untrue Entrepreneurial Myths, Exposed

A central theme in the entrepreneurial world is challenging the status quo and questioning conventional wisdom in search of new and better ways of doing things. After all, if you’re just going to follow the pack, you may as well just get a real job and call it a day. That’s why nothing raises the hairs on the back of my neck more than everyone moving in lockstep to the same drumbeat When a thousand shrill voices tell you to do the same thing, that’s a sure sign of groupthink. It’s also a good time to get some earplugs and do some critical thinking. Today, there is a pervasive and nearly deafening mantra insisting that you quit your job and become an entrepreneur. The collective says you should do it today because every day you wait brings you closer to a life of poverty and regret. But that’s simply not true. The idea that you can’t have a fulfilling career, be remarkably happy, and even get rich working for someone else is perhaps the most ludicrous, disingenuous, and irresponsible myth I’ve ever heard, and I’ve heard a lot.
Read More   Bach to Top
Writing on the Wall

Getting India back on track

Progress requires a deep commitment to restoring the centrality of markets in economic decision-making Whatever the causes of India’s economic slowdown may have been, there is a widespread conviction that the leadership failed to steer the country in a productive direction. That leads inexorably to the question of what must be done to recover momentum when the new government takes office. This article is the first in a 10-part series, drawn from a new book prepared by the Carnegie Endowment for International Peace, which tries to answer that question.

Media Monitor

Macro Metre

India, emerging markets need to increase infrastructure investments

The global economy has shown signs of strengthening over the past few months and the emerging markets like India need to increase investments, especially in infrastructure, to revive growth, Finance Minister P Chidambaram said today. Speaking at the first business session of the 47th Annual Meeting of ADB Board of Governors in Astana (Kazakhstan), Chidambaram also stressed upon the need to increase resources of the Asian Development Bank for lending, an official statement said. “Policies to revive growth in most emerging markets, including India, will have to be rooted in increasing investments, particularly in infrastructure. As most emerging markets are resource constrained, it would be necessary to have recourse to foreign savings for investment,” he said.
Read More   Bach to Top

China policy hits cotton yarn exports from India

China’s new import policy has hit India’s cotton yarn exports significantly to the neighbouring country dealing a blow to the domestic industry. Considering that the change in Chinese policy has come at a time when cotton consumption within the country is rising and when exports of finished yarn is on the rise, industry officials think the move would result in larger than the anticipated six per cent drop in export of raw cotton, media reports said. Cotton importing countries around the world have been watching closely as the neighbouring giant has brought to an end a stockpiling scheme under which it has amassed more than 10 million tonnes of the fibre which is around 60 per cent of global cotton inventories.
Read More   Bach to Top

Sugar output drops 3.45 per cent to 23.75 million tons: Indian Sugar Mills Association

The country’s sugar production fell 3.45 per cent to 23.75 million tonnes in the first seven months of the 2013-14 season as output declined in key states, industry body ISMA said today. The Indian Sugar Mills Association (ISMA) also said cane arrears are set to pile up to over Rs 12,000 crore this season due to falling prices and the government’s delay in fixing the subsidy for export of raw sugar. Mills produced 23.75 million tonnes of sugar till April of the October-September season compared with 24.6 million tonnes in the corresponding period last year, ISMA said. The current sugar crushing season has almost come to an end and only about 80 of the country’s 504 mills operated on April 30, it said in a statement.

India may join group with good drug manufacturing norms

To help pharmaceutical exporters meet numerous manufacturing and inspection requirements being put in place by buyer countries, India is considering joining a group of 41 countries that have good manufacturing practice (GMP) standards for drugs. Eyes PICS The Pharmaceutical Inspection Cooperation Scheme (PICS) — which includes Canada, Australia, European, African countries and the US — is an informal co-operative arrangement between regulatory authorities in the field of Good Manufacturing Practice (GMP) of medicinal products. “The Health Ministry and the Commerce Ministry are examining the option of joining PICS. We feel that the problems exporters face in terms of meeting different GMP and inspection procedures in different countries will be sorted out if we join PICS,” said PV Appaji, Director-General, Pharmexcil.
Read More   Bach to Top

Smeda appears to be in a state of somnolence

Small and Medium Enterprise Development Authority (SMEDA) mandated to promote SMEs sector which constitutes 90 percent of total enterprises, contributing 38 percent to GDP, 25 percent to exports and engaging 80 percent non-agricultural force, appears in a state of somnolence. This is probably one of the reasons that the Institute of Cost and Management Accountants of Pakistan (ICMAP) has come out strongly in favour of SMEs, suggesting that government should extend support to boost SMEs capabilities, in its proposed strategy for “Economic and Industrial growth of Pakistan” submitted to the government.
Read More   Bach to Top

Domestic Digest

Spend most of our time looking for finance; MSMEs tell RBI at townhall meeting

Most of the MSMEs face problems of finance in general and institutional funding in particular while entrepreneurs spend 70 to 80 per cent of their time in dealing with finance related matters, representatives of small industries in west Delhi area of Badli told RBI at a townhall meeting, an initiative of the central bank along with the industry body FISME. The Reserve Bank (Delhi Region), with the support of Federation of India Micro and Small & Medium Enterprises (FISME), held its first town hall meeting yesterday with the Badli Industries Association which was chaired by the General Manager, Rural Planning and Credit Department (RPCD), RBI, Sonali Sengupta.

Corrugated box industry calls for price hike; inflation, input costs to blame

Overwhelmed with increasing raw material cost and high inflation, India’s corrugated box industry, which has around 10-12 thousand micro and small units, is seeking price hike from their customers as many units especially in the northern and eastern part of the country which owing to highest raw material cost has shrunk the margin for the industry to almost nil. “The corrugated box industry is a margin based industry where the profit margins are very thin and the industry is highly competitive. Increase in the raw material cost is killing the industry, especially in the northern part of India such as Uttar Pradesh, West Bengal, Punjab, New Delhi, Himachal Pradesh, Rajasthan etc, as the price increase is maximum in the range of Rs 4 – 4.50,” President of Federation of Corrugated Box manufacturers of India, Ramchand Arora told KNN.
Read More   Bach to Top

Taxmen take it too far; want to tax foreign nationals for income earned in their own countries

Taking it too far, the Indian taxmen want to subject foreign nationals, earning their commission from Indian exporters in their overseas markets, to the TDS (Tax Deducted at Source) and then claim its refund from the Indian tax authorities, the EEPC India said here today urging the Commerce and Finance Ministry to remove uncertainty in this regard in the next foreign trade policy. “Even though there is a High Court Judgement (that the TDS cannot be levied on the commission earned by foreign agents on exports), the situation is not clear because of certain circulars by the Central Board of Direct Taxes (CBDT), causing a lot of inconvenience to the exporters who are finding it difficult to engage agents abroad in this backdrop,” EEPC India Chairman, Anupam Shah said in a statement here today.
Read More   Bach to Top

Exporters may get 50% freight subsidy

Exporters are likely to enjoy a subsidy of up to 50 per cent on total freight charges paid on shipment of merchandise through ports outside Odisha. The draft export policy says the state government will reimburse up to 50 per cent of the cost of transportation paid by exporters at ports outside the state provided ports within the state do not have facilities for handling such cargo. Exporters would also get incentives for publicity and exposure of up to 50 per cent of the total cost subject to a ceiling of Rs 50,000. But such incentives will be allowed only in case of select reputed trade fairs. Besides, firms availing travel support from government of India under similar scheme will not be eligible for state incentive.
Read More   Bach to Top

Exporters want new foreign trade policy to focus on competitive manufacturing

There is a need to propel manufacturing and focus on enhanced marketing, services exports, e-commerce, hi-tech products and merchanting trade, according to the exporters body, FIEO, which added that the new foreign trade policy should initiate measures for competitive manufacturing, both for augmenting exports and substituting imports. According the trade data released yesterday, India’s exports grew 5.26 per cent in dollars terms in April 2014 from a year ago period, reversing two months of decline. Imports declined 15 per cent in dollar terms, clearly indicating that industrial recovery remained elusive.
Read More   Bach to Top
State Scan

Andhra Pradesh    

Lalitanjali Group to set up Steel Park in Visakhapatnam

Hyderabad headquartered infrastructure engineering and supply chain management firm Lalitanjali Group is planning to set up the country’s first steel industrial park in Vishakhapatnam which will house 15 to 20 ancillary units guided by a pilot company, and facilities like an effluent treatment plant, water treatment plant etc. The overall capacity of the upcoming industrial park will be approximately 7-8 lakh tonnes, with captive power of over 25 mw, according to the company’s statement here yesterday. “This offers a huge business opportunity for companies in India, as the landing costs of raw materials from other countries is cheaper by USD 5-6 in Vizag compared to other states,” said CEO of Lalitanjali Group, Rahul Rao.

Tamil Nadu    

MSMEs in Chennai struggling to survive

The economic slowdown and power shortage have taken a toll on small firms in Chennai – a fifth of micro, small and medium units in and around Chennai have shut down, according to S Sivagnanam, Additional Industry Advisor, MSME Development Institute. “There has been a drop in demand for their products and lower production capacities due to power cuts are hurting,” he said on the sidelines of a seminar organised by the Federation of Indian Chamber of Commerce and Industry here on Friday. A majority of the firms were auto component suppliers while units engaged in manufacture of chemicals, plastics and leather products have also fallen to the tough business environment.

Gujarat    

Gujarat clocks double digit growth in pharma exports

While the overall pharma exports from the country is likely to miss target, exports from Gujarat has, however, managed to clock double digit growth last fiscal. According to latest data from the Indian Drug Manufacturers’ Association (IDMA), India has exported pharmaceutical products including bulk drugs and formulations of Rs 90,649.90 crore during 2013-14, which falls short of the government export target of $25 billion (around Rs 1.5 lakh crore). As per a Ministry of Commerce strategy paper, “As against a target of $25 billion for 2013-14, it is estimated that only $ 17 billion can be achieved – i.e. nearly 70 per cent of the target.”

Karnataka    

Karnataka industry consumers furious over power tariff hike

Power consumers in Karnataka today expressed strong disappointment over revision in tariff by the regulator. The state consumers, particularly the small industries continue to suffer load shedding and voltage fluctuations while the regulator has allowed revision in the power rates. “It is unfortunate that in spite of the repeated plea of small industries, the KERC has not responded to the demands of the small industries in deferring the increase in the tariff rate without improving the environment in which the energy is being supplied,” Karnataka Small Scale Industries Association (KASSIA) today said in a press statement.
World Watch

Pakistan    

Indo-Pak trade normalization could be a game-changer: Biswal

Normalisation of trade relationship between India and Pakistan could be a game changer in regional connectivity and integration, Obama Administration’s point person for South and Central Asia has said. “Clearly one of the biggest obstacles to regional connectivity is India and Pakistan. Trade normalisation between these two historic rivals could be a game-changer,” Assistant Secretary of State for South and Central Asia, Nisha Desai Biswal told lawmakers during a Congressional hearing yesterday. “We have been encouraged by positive signs from Islamabad and New Delhi that things may be moving in the right direction. We are hopeful that we will see strong leadership from both governments following India’s election,” she said.
Read More    Back to Top

Switzerland    

India steps up pressure on Switzerland to share bank information on tax evaders

Taking a strong stance, India has warned Switzerland that reluctance to share tax related information may impact economic co-operation between the two countries. India is pursuing Switzerland to share information on certain accounts held by some Indians in HSBC’s Swiss bank branches. These were account details of those against whom cases of ‘incriminating evidence of tax evasion’ have been found here. But, the Swiss authorities have been reluctant to share information. This led to the Finance Minister P Chidambaram writing a strongly worded letter to the Swiss Finance Minister Eveline Widmer Schlumpf.
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Bangladesh    

Formalise trade in rice seeds between India & Bangladesh: Study

India and Bangladesh need to formalise bilateral trade in rice seeds as local farmers on both side of the border are using them for cultivation through illegal channels, says a study. “At present, the cooperation between India and Bangladesh in the area of rice seed is almost negligible. Despite several instances of informal movement of high yielding variety (HYV) rice seed across the border, formal trade is conspicuous by its absence,” said the Cuts International study. The availability and accessibility of rice seeds can be significantly improved through cooperation between the two countries, it said.
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Saudi Arabia    

Saudi Arabia bans import of chilli pepper from India

Indian chilli has been banned in Saudi Arabia, the fifth-largest importer of fresh vegetables from India, citing the presence of high pesticide residues in it. “We have been informed about the Saudi Ministry of Agriculture’s decision to ban chilli pepper beginning May 30,” said Surinder Bhagat, second secretary of politics and commerce at the Indian Embassy. “We are in touch with the Saudi authorities to resolve the issue,” he told PTI today over phone. An official at the Ministry of Agriculture said that the decision to ban the import of chilli peppers was made after a sample testing from the Indian shipment showed the presence of high levels of pesticides.
Read More    Back to Top


 

Analysis, details of Winners Lok Sabha Elections 2014

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Lok Sabha Elections 2014

Analysis of Criminal Background, Financial, Education, Gender and other details of Winners

Summary and Highlights

 ​​
National Election Watch (NEW) and Association for Democratic Reforms (ADR) have analysed the self-sworn affidavits of 541 winners out of 543 winners in the Lok Sabha 2014 Elections. The following winners were not analysed due to unclear/incomplete affidavits uploaded on the ECI website at the time of making of this report. 
​Detailed Report in English attached with this mail​
State
Constituency Name
Winner
Party
Issue
1
Jharkhand
Jamshedpur
Bidyut Baran Mahato
BJP
Bad scan
2
Maharashtra
Satara
Shrimant Chh. Udayanraje Pratapsinha Bhonsale
NCP
Bad scan – Annexure pages of criminal case details

Final Party Positions in 2014 Lok Sabha Elections
Party
Seats
Bharatiya Janata Party
282
Indian National Congress
44
All India Anna Dravida Munnetra Kazhagam
37
All India Trinamool Congress
34
Biju Janata Dal
20
Shiv Sena
18
Telugu Desam
16
Telangana Rashtra Samithi
11
Communist Party of India (Marxist)
9
Yuvajana Sramika Rythu Congress Party
9
Nationalist Congress Party
6
Lok Jan Shakti Party
6
Samajwadi Party
5
Aam Aadmi Party
4
Rashtriya Janata Dal
4
Shiromani Akali Dal
4
All India United Democratic Front
3
Jammu & Kashmir Peoples Democratic Party
3
Rashtriya Lok Samta Party
3
Independent
3
Indian National Lok Dal
2
Indian Union Muslim League
2
Janata Dal (Secular)
2
Janata Dal (United)
2
Jharkhand Mukti Morcha
2
Apna Dal
2
Communist Party of India
1
All India N.R. Congress
1
Kerala Congress (M)
1
Naga Peoples Front
1
National Peoples Party
1
Pattali Makkal Katchi
1
Revolutionary Socialist Party
1
Sikkim Democratic Front
1
All India Majlis-E-Ittehadul Muslimeen
1
Swabhimani Paksha
1
Total
543

​Criminal Background​

    • Winners with Criminal Cases: Out of the 541 winners analysed, 186 (34%) winners have declared criminal cases against themselves. Out of 521winners analysed during Lok Sabha 2009 elections158 (30%) winners had declared criminal cases against themselves
    • Winners with Serious Criminal Cases: 112 (21%) winners have declared serious criminal cases including cases related to murder, attempt to murder, communal disharmony, kidnapping, crimes against women etc. Out of 521 winners analysed during Lok Sabha 2009 elections77 (15%) winners had declared serious criminal cases against themselves.
    • Winners with cases related to murderwinners have declared cases related to murder. Out of these 4 winners have been fielded by BJP1 winner has been fielded by INCLJPRJD, Swabhimani Paksha each and one winner is an independent
    • Winners with cases related to Attempt to Murder: 17 winners have declared cases of attempt to murder. Out of these, 10 winners have been fielded by BJP2 winners by AITC and one winner each from INC, NCP, RJD, Shiv Sena and Swabhimani Paksha.
    • Winners with cases related to Crimes against Women: Adv.Joice George an Independent from Idukki constituency, Kerala has declared a case related to assault or criminal force to woman with intent to outrage her modesty (IPC Section-354). Ahir Hansraj Gangaram of BJP from Chandrapur constituency, Maharashtra has declared a case related to Kidnapping, abducting or inducing woman to compel her marriage, etc. (IPC Section-366).
    • Winners with cases related to causing Communal Disharmony: 16 winners declared cases related to causing communal disharmony. Out of these, 12 winners were fielded by BJP and 1 winner by TRS, Pattali Makkal Katchi, All India Majlis-E-Ittehadul Muslimeen and AIUDF each.
    • Winners with cases related to Robbery and Dacoity: 10 winners have declared cases related to robbery and dacoity. Out of these, 7 winners have been fielded by BJP1 winner each from RJD, Swabhimani Paksha and 1 winner is an Independent
    • Winners with cases related to Kidnapping: winners have declared cases related to Kidnapping. Out of these, winners have been fielded byBJP, 1 winner each from AITCLJP and RJD each. 1 winner is an Independent.
    • Party wise Winners with Criminal Cases: 98 (35%) out of 281 winners
​ analysed 
    • from BJP, 8 (18%) out of 44 winners from INC, 6 (16%) out of 37 winners from AIADMK, 15 (83%) out of 18 winners from Shiv Sena and (21%) out of 34 winners fielded by AITC winners have declared criminal cases against themselves in their affidavits.
    • Party wise Winners with Serious Criminal Cases: 63 (22%) out of 281 winners
​ analysed​
  •  from BJP, 3 (7%) out of 44 winners from INC, 3 (8%) out of 37 winners from AIADMK, 8 (44%) out of 18 winners from Shiv Sena and (12%) out of 34 winners fielded by AITC winners have declared serious criminal cases against themselves in their affidavits.
  • Chances of Winning for Candidates with Criminal Cases: The chances of winning for a candidate with criminal cases in the Lok Sabha 2014 elections are 13% whereas for a candidate with a clean record it is 5%.
​​
​​
Financial Background​
    • Crorepati Winners: Out of the 541 winners analysed, 442 (82%) are crorepatis. Out of 521 winners analysed during Lok Sabha 2009 elections300 (58%) winners were crorepatis.
    • Party-wise Crorepati Winners: 237 (84%) out of 281 winners
 ​ analysed​
  •  in BJP35 (80%) out of 44 winners in INC29 (78%) out of 37 winners inAIADMK and 21 (62%) out of 34 winners in AITC have declared assets worth more than Rs. 1 crore.​
​​
  • Chances of Winning for Crorepati Candidates: The chances of winning for a crorepati candidate in the Lok Sabha 2014 elections are 20% whereas for a candidate with low assets (
​​
    • Candidates Asset Position and Chances of Winning: 414 winners (77%) occupy top three highest asset positions in their respective constituency.159 (29%) winners have the highest declared assets in their constituency. 142 (26%) winners have the second highest declared assets in their constituency.
    • Chances of Winning based on Assets: 131 (29%) out of 449 candidates with assets more than Rs. 10 crores won in the Lok Sabha 2014 elections, while 70 (22%) out of 320 candidates with assets between Rs. 5 crores to Rs. 10 crores and 241(17%) out of 1443 candidates with assets between Rs. 1 crore to Rs. 5 crores won the elections.
    • Average Assets: The average assets per winner for Lok Sabha 2014 elections are 
​​
    • Rs. 14.61
 
 crores
    •  whereas the average asset for each candidate was Rs. 3.16 croresIn 2009 the average assets per winner of 521 winners analysed was Rs. 5.35 crores
    • Party-wise Average Assets: Among major parties, the average assets per winner
​ analysed​
  •  for 281 BJP winners is Rs 11.59 crores44 INC winners have average assets of Rs.16.71 crores, 37 AIADMK winners have average assets worth of Rs.6.47 crores and 34 AITC winners have average assets of Rs. 2.51 crores.
  • High Asset Winners*: 32 winners have declared more than Rs.50 crores worth of assets. The top three winners with highest assets are given below:
Name
State
Constituency
Party Name
Total Assets (Rs)
PAN Given
1
Jayadev Galla
Andhra Pradesh
Guntur
TDP
6,83,05,81,361
 683 Crore+
Y
2
Konda Vishweshwar Reddy
Andhra Pradesh
Chevella
TRS
5,28,62,30,210
 528 Crore+
Y
3
Gokaraju Ganga Raju
Andhra Pradesh
Narsapuram
BJP
2,88,35,67,122
 288 Crore+
Y
*Total Assets includes income of self, spouse and dependents.
  • Low Asset Winners: A total of 3 winners have declared assets less than Rs. 5 lakhs. The three winners with lowest assets are as follows:
Name
State
Constituency
Party Name
Total Assets (Rs)
PAN Given
1
Sumedha Nand Saraswati
Rajasthan
Sikar
BJP
34,311 
 34 Thou+
Y
2
Mahant Chand Nath Yogi
Rajasthan
Alwar
BJP
1,99,653 
 1 Lacs+
Y
3
Uma Saren
West Bengal
Jhargram
AITC
4,99,646 
 4 Lacs+
  • Y
    • Winners with High Liabilities: A total of 96 winners have declared liabilities of Rs. 1 crore and above. Out of these 96 winners, 16 have declared liabilities of Rs. 10 crore and above. 
  • The winners with the top three liabilities are as given below:
Name
State
Constituency
Party Name
Total Assets(Rs)
Liabilities (Rs)
PAN Given
1
Srinivas Kesineni
Andhra Pradesh
Vijayawada
TDP
1,28,41,22,669
 128 Crore+
71,54,62,989 
 71 Crore+
Y
2
Poonam Mahajan Alias Poonam Vajendla Rao
Maharashtra
Mumbai North Central
BJP
1,08,08,67,626
 108 Crore+
41,44,79,088 
 41 Crore+
Y
3
Harsimrat Kaur Badal
Punjab
Bathinda
SAD
1,08,16,64,910
 108 Crore+
41,26,34,299 
 41 Crore+
Y
  • Crorepati Winners with no PAN: 2 winners with total assets worth more than Rs. 1 crore have not declared PAN details. These winners are as follows:
Name
State
Constituency
Party Name
Total Assets (Rs)
1
C. L. Ruala
Mizoram
Mizoram
INC
2,57,33,421
 2 Crore+
2
Prasanna Kumar Patasani,
Odisha
Bhubaneswar
BJD
1,35,57,443
 1 Crore+
  • Winners with High Income as declared in ITR*: 47 winners have declared total annual income of more than Rs. 1 crore. The top three winners with highest declared annual income are given below:
Name
Party Name
Constituency
State
Total Assets
Total income shown by winner in ITR (Self+Spouse+Dependent)
Self income shown by winner in ITR
1
Jayadev Galla
TDP
Guntur
Andhra Pradesh
6,83,05,81,361
683 Crore+
16,85,54,700
16 Crore+
16,30,91,770
16 Crore+
2
Konda Vishweshwar Reddy
TRS
Chevella
Andhra Pradesh
5,28,62,30,210
528 Crore+
14,64,24,120
14 Crore+
62,66,140
62 Lacs+
3
Thambidurai.M
AIADMK
Karur
Tamil Nadu
13,24,57,262
13 Crore+
10,68,54,272
10 Crore+
17,05,970
17 Lacs+
*Total income includes income of self, spouse and dependents
  • Winners who have not declared Income Tax Details*: 44 (8%) winners out of 541 analyzed have not declared income tax details.* Some winners may be exempted from filing Income Tax Returns
  • Winners with High Assets who have not declared Income Tax Details: 25 winners with assets worth more than Rs. 1 crore, have not declared Income Tax Details. 
​​

Other Background Details​
  • Education Details of Winners: winner has declared that he is illiterate125 (23%) winners have declared that have an education qualification of12th pass or below while 405 (75%) winners have declared having an educational qualification of graduate or above
  • Age Details of Winners: 202 (37%) winners have declared their age to be between 25 to 50 years while 298 (55%) winners have declared their age to be between 51 to 70 years and 41(8%) winners have declared their age to be above 71 years.
  • Gender Details of Winners: Out of 541 winner analyed, 62 (11%) winners are women while 479 (88%) winners are men.​​
  •  In 2009, out of 521 winners analysed, 57 (11%) winners were women.
​​

Regards,

Media and Journalist Helpline

+91 80103 94248
Email: adr@adrindia.org
Mr Anil Verma
Head
National Election Watch,
Association for Democratic Reforms
011 4165 4200,
+91 88264 79910
adr@adrIndia.org,
anilverma@adrindia.org
Prof Jagdeep Chhokar
IIM Ahmedabad (Retd.)
Founder Member,
National Election Watch, Association for Democratic
Reforms
+91 99996 20944
jchhokar@gmail.com

Prof Trilochan Sastry
IIM Bangalore
Founder Member,
National Election Watch,
Association for Democratic Reforms
+91 94483 53285
trilochans@iimb.ernet.in

– 
Association for Democratic Reforms
“Kiwanis Centre”, 4th Floor,
B-35, Qutub Institutional Area
(Near Rockland Hospital)
New Delhi-110 016

M: +91 8010394248 
T: +91 11 41654200/01/02/03
F: 011 4609 4248




 

Beginning Of Modi Era

18052014
The people have delivered a staggering verdict beyond all expectations in favour of Mr. Modi. This is historical and reflects the people’s hope for structural change in India’s development paradigm.
The pan-Indian victory across rural, urban, tribal and constituencies dominated by different communities reflects the deep and widespread aspirations of the new Indian.Indians whoare looking for employment and not doles; empowerment and not entitlements; growth and not mere distribution and transfers; good governance and not an executive devoid of direction and purpose. In short, Bharat with its explodigaspirations has come centre stage. It has pushed aside firmly and perhaps decisively Macaulay’s India that took its reference from the West.
Real Inda, that is Bharat can now rise anew, delve deep and wide into its vast pool of talent and resources and use it to strive to become Shreshta Bharat. An India which stands tall among the comity of nations on the basis of its own ahievements.
Unprecedented
This is the dream that Mr Modi has sold to the electorate and they have seized it with both hands. It is also clear that the dream of a prosperous Indiahas been supported across communities and regions.
This puts a mountain of expectation on Mr Modi’s shoulders. He has asked for a vote for himself and he has got it in numbers that have left us and him speechless.
And with the absolute majority for BJP on its own, he has no conceivable excuse for not delivering the dream. All BJP leaders, big and small, old and young, from urban and rural regions should now jettison any differences they may have had and put their shoulder to the task under the leadership of the man who has won them this unprecedented victory by his indefatigable hard work, single-minded focus, and an organizational capability that has left all others biting the dust. Now is the time to come together to take India forward and make it a Smridh, Sashakt, Shrestha and Swabhmani Bharat by the time we celebrate the centenary of our independence.
Mr Modi has to rise above all social divisions and emerge and establish himself as the leader of all Indians. The electorate has already recognised him as such by giving him 26 out of 26 seats in Gujarat and an unprecedented and unbelievable 70 out of 80 seats in UP.
Such a verdict could not conceivably be achieved by the support of any particular community. But no society, and certainly not India with its syncretic Ganga-Jumni tehzib that Mr Modi talked about in his speech in Varanasi, can develop and progress if a significant proportion of people remain wary and alienated. So he will do well to reassure those who have not voted for him that he and his government will deliver fair, just and equitable governance to all Indians irrespective of political or ideological identity. And here actions speak far louder than words. Will he for example consider appointing his most trusted and capable aide to oversee the implementation of Sachar Committee report?
Consensual
The people have shown that they do not accept the diminution of the Prime Minister’s office or the arrogance of any royal family or dynasty. In Mr Modi, the Indian people have elected a leader who will ensure that the PMO re-emerges as the captain’s cabin with the captain having a firm hand on the rudder. But at the same time by promising that he will govern collectively not only with his cabinet but also with the chief ministers during his campaign, he has shown his understanding of the scale, complexity and diversity of the Indian reality. He will therefore not succumb to the temptations of over-centralization. And that will reinforce and enhance federalism with its huge advantage of finding and implementing region specific solutions. That will provide the provinces with the degrees of freedom and fiscal space necessary to make the Indian development experience a beautiful mosaic of regional paradigms.
Integrity
Given his impeccable track record of the highest level of personal integrity and honesty, I am convinced that Mr. Modi will resist all temptations for appointing anybody who has even the faintest taint of financial corruption, moral turpitude or unethical behaviour to the cabinet or high government positions. He will do well to adhere to his own high standards of personal integrity and select those who, in the best traditions of the Sangh, desire to serve the country and are not pursuing an agenda of personal aggrandizement or material gains. His team of selfless volunteers, who have worked tirelessly, many having stayed away from their families for months, represent such a band of highly motivated individuals committed to India’s cause. He will have to find similar set of individuals to fill key positions. At no cost can Mr. Modi allow his government to be seen as another version of the UPA government full of self serving opportunists, willing to switch sides at a drop of a ballot. People’s strong desire for clean and effective governance has to be respected and responded.
Mr Modi has built up a tremendous reputation for project execution and also for being open to innovative ideas. Armed with these strengths he can deliver on his promise of ‘minimum government and maximum governance.’ He has to keep open as many windows as possible for new and innovative ideas to reach him and to adopt a ‘revolving door’ policy for bringing in talent from the private sector, civil society and NRIs. The entry of such professional talent will improve governance and help implement key projects. This can be one of the key structural changes in sustaining rapid growth on the one hand and simultaneously ensuring effective delivery of public services on the other. This is a new beginning for Indian democracy as it hopefully spells the end of dynasty, identity based and pseudo secularist parties. The onus of delivering on these hopes and exploding aspirations is on Mr. Modi’s broad shoulders. I wish him God speed. Not just India, but the world wants him to succeed because India’s success means that development, democracy and diversity can all come together in a successful experiment.
The writer is Senior Fellow, Centre for Policy Research and former Director of ICRIER.

Rajiv Kumar
To Me
May 17 at 6:15 PM

Rajiv Kumar
To Me
May 17 at 6:15 PM

Beginning Of Modi Era
Beginning Of Modi Era
Dear  Sagar
I am forwarding my latest piece and will look forward to your feedback.The piece argues that this can be India’s big opportunity provided Mr.Modi can immediately take some necessary steps.
Your comments are always appreciated.
With Best Regards
Rajiv Kumar





 

VHP Delhi Congrats BJP, Rajnath & Narendra Modi

18052014
New Delhi, May 17, 2014.VHP Delhi Congrates BJP, its President Rajnath Singh & the Prime Minister Narendra Modi for the clean sweep results of General Elections 2014. In his letter,  the secretary General VHP Delhi Shri Ram Krishna Srivastav said that it is the victory of Bharat mata, BJP & our great nation.

Releasing the letter to the media shri Vinod Bansal, media in-charge VHP Delhi said that the BJP, its President Shri Raj Nath Singh, shri Narendra Modi alongwith the organizations & volunteers supported this cause are really deserved to be congratulated for this marvelous victory of Bharat Mata. We have also congratulated the citizens of our country for choosing pure nationalistic characters for the new Parliament.  
REGARDS

VINOD BANSAL
(MEDIA CHIEF)
VISHWA HINDU PARISHAD, DELHI.
M – 98109 49109
प्रैस विज्ञप्ति:


 

Kenyans Geoffrey and Lucy set course records under trying conditions at the TCS World 10K

18052014
Geoffrey_Kamworor_Kipsang
B.C. Tilak and Swati Gadhave fastest Indians


18th May, 2014, Bengaluru: On a day when no one predicted fast timings, Geoffrey Kamworoor-Kipsang obliterated the six-year-old course record with an excellent 27:44 clocking while Lucy Kabuu led a Kenyan podium sweep in the women’s race, also with a brilliant new time of 31:48, in the 7th edition of TCS World 10K Bangalore.

Pacemaker Daniel Salel, a silver medalist in 10000m at Delhi Commonwealth Games four years ago, led the runners through the first half of the race in 13:57.   Defending champion Alex Oloitiptip and his Kenyan teammate Kamworor were in the lead group, as also Ethiopian Kinde Atanaw.  Incidentally the Ethiopian has the fastest time of 27:36, which he clocked during his second place finish at Prague last year, among those who took to the starting line in the men’s race today.   Atanaw was running alongside Kamworor before the Kenyan break-away after 6 km mark as the runners approached the popular Chinnaswamy Stadium—the Mecca of Cricket followers here.

Elaborating on his run, Kamwaror said, “I had one target when I returned to Bangalore and that was to break the course record. I am thrilled because I have done that today. I won the run because I was well-prepared though the conditions were not easy. I pushed after the 5km mark and did well. I will be back here again!”

Ugandan Joshua Cheptegei, who made his first international debut in Bangalore, came from behind to win in second place 40 seconds after the Kenyan.  Usually a cross-country runner who excelled at steeplechase at times, Cheptegei felt the conditions suitable for his maiden appearance here. Atanaw, as in previous years, filled the bronze position for Ethiopia in 28:35.   Last year’s winner Oloitiptip, could not overcome the humid weather conditions, finished on sixth.

As in the men’s race pacemaker Beatrice Mutai did the front-running and led a group of 10 women in the race that started at 8:25 a.m.    Having performed her duty, Mutai started trailing behind after the 4km mark where Kenyan Joyce Chepkirui emerged as a leader and covered the distance at 12:36.  Teammate Lucy Kabuu, former Commonwealth Games gold medalist in 10000m and winner of Airtel Delhi Half-Marathon three years ago, along with Linet Masai joined the fray with Chepkirui in the remaining part of the race.

Both Kabuu and Chepkirui pulled away from Masai after the 6km mark and started running neck-to-neck for the next kilometer until the duo passed the Vidhan Saudha, a magnificent building-structure alongside the race route which is housing the state legislative assembly of Karnataka.   Kabuu applied pressure when she entered another of Bangalore’s landmark Cubbon Park while Chepkirui struggling hard to maintain the pace.  However Chepkirui, who is holding a marvellous 30:37 clocked during her golden finish at Berlin last year, could not survive the increasing tempo of Kabuu in the waning stages of the race and swept away the title in 31:48.  To her satisfaction Chepkirui also improved the previous record of 31:58 which stood in the name of Ethiopian Yimer Wude since 2010, as she timed 31:55 to better it on that shiny Sunday.    Masai made it a 1-2-3 affair for the Kenyans in 32:28.  It was a second time that Kenyans have made a podium sweep here after the 2012 edition.

“I thank almighty God, who made me win today. I am delighted also because I have established a new course record. I was comfortable throughout the race but decided to make my move after the 8km mark. I am glad it worked and I have won today”, said an overjoyed Kabuu.

Both the winners – Geoffrey Kamworor and Lucy Kabuu – earned a course record jackpot of USD 7,500 besides their first place prize purse of USD 21,000 each.   The total prize pot of the race is USD 170,000.

Trained under J.S. Bhatia, it was third-time lucky for Army lad B.C. Tilak in Bangalore in 30:26.  Anish Thapa, hails from Meghalaya, found the weather conditions hot and humid yet managed to finish second (30:38) behind Tilak on his debut over the 10K course.  Last year’s Asian Grand Prix winner Nitendra Singh Rawat was third at 30:47.  All the three runners have been attached with different units of the Indian Army.

Swati Gadhave won the women’s section among the Indian runners by leaving behind some of the leading names in the sport.  Swati, second in 2012 and sixth in 2011 at Bangalore, ran a tactical race when most of the other runners found it difficult to keep up with the conditions on the road.   Her time of 37:22 was second slowest winning time here after local girl Preeti L. Rao’s 37:47 from 2010.  Marathoners Jayashree Boragee (37:35) and Supriya Patil (37:46) finished on in the next two spots behind Gadhave.

Brand Ambassador and legendary athlete Carl Lewis encouraged the participants along with other celebrities who had come over here to support the ever-increasing number of entrants in Namma Run.

Following are the final results:
Overall Elite Men:
Geoffrey Kamworor Kipsang (KEN) 00:27:44 (NCR); Joshua Cheptegei (UGA) 00:28:24; Kinde Atanaw (ETH) 00:28:35; Thomas Ayeko (UGA) 00:28:47; Vincent Chepkok (KEN) 00:28:54; Alex  Oloitiptip(KEN) 00:29:03; Jacob Kendagor (KEN) 00:29:17; Daniel Salel (KEN) 00:29:28; Birhanu Delele (ETH) 00:30:19; Nazim El Qady (MAR) 00:30:15.
Overall Elite women: 
Lucy Kabuu (KEN) 00:31:48 (NCR); Goyce Chepkirui (KEN) 00:31:55; Linet Masai (KEN) 00:32:28; Guteni Shone (ETH) 00:32:42; Helah Kiprop (KEN) 00:33:20; Netsanet Guduta (ETH) 00:33:34; Beatrice Mutai (KEN) 00:34:01; Ababel Yeshaneh (ETH) 00:34:32; Helalia Johannes (NAM) 00:34:43; Malika Asahsah (MAR) 00:35:38.
Indian Men:
B. C. Tilak 00:30:26 (Overall 12); Anish Thapa 00:30:38 (Overall 13); Nitendra Singh Rawat 00:30:47 (Overall  14); Arjun Pradhan 00:31:05 (Overall 15); V L Dangi 00:31:17 (Overall 17); Soji Mathew 00:31:20; Ajay Bir Singh 00:31:24; Balliappa A B 00:31:32; Yogendra Kumar 00:31:43; Bahadur Singh Dhoni 00:31:46.
Indian Women:
Swati Gadhave 00:37:22 (Overall 11); Jayashree Boragee 00:37:35 (Overall 12); Supriya Patil 00:37:46 (Overall 13); Sini Ajit Markose 00:37:53; Kiran Sahdev 00:37 54; Pooja Ramesh Varde 00:38:14; Neelam Rajput 00:38:31; Minakshi Patil 00:38:39; Rohini Raut 00:38:57; Monika Raut 00:39:01
DHL Corporate Champions:
1.FITKIDS (Goutham S, Nanda Gopal B R, Sowmya Savanth) 01:58:16. 2. GE INDIA (Vishakha Pandey, Bharat Sethuraman, Rohit Mohan) 02:17:20; WIPRO A (Sachin M G, Mukesh Prasad, Kamakshi L K) 02:19:40.
MEN: Open 10K Challenge (15 to 20 Yrs.)
Viraindra Rautela 00:38:00; Sunil Kumar 00:39:12; Rajiv D. 00:39:30
(20 to 30 Yrs.)
Nanjundappa Maniyallappa 00:33:57; Christian A Ackeret (SUI) 00:35:20; Jegadheesan Munusamy 00:35:36.
(30 to 40 Yrs.)
Raja 00:36:20; Michael Allenspach (SUI) 00:37:13; Pierre Digbo (FRA) 00:38:12.
(40 to 50 Yrs.)
Suresh Chand 00:38:55; Thomas Philip 00:39:48; Farid Ahmed 00:40:07.
(50 to 60 Yrs.)
Ashok Nath 00:39:56; Robert Coombes (GBT) 00:42:24; Srinath S 00:43:36.
(60 to 70 Yrs.)
Manjunatha Kota 00:52:00; Chandran G 00:52:30; Kannan S 00:54:56.
(Above 70 Yrs.)
Mahadev Samjiskar 01:00:42; Meenakshisundaram M 01:07:02; Janardan Bylahalli Raghunath 01:22:37.
Women: Open 10K Challenge (15 to 20 Yrs.)
Madhuri Deshmukh 00:45:22; Aishwarya Shete 00:52:57; Namrata Narendra 00:53:15.
(20 to 30 Yrs.)
Vanessa Job 00:50:41; Upasana Koul 00:51:46; Zainab Shoib 00:53:57.
(30 to 40 Yrs.)
Natalie Follett (GBR) 00:45:46; Laura May (GBR) 00:45:50; Amrita Mitra 00:47:28.
(40 to 50 Yrs.)
Camilla Porling (SWE) 00:46:31; Vaishali Kasture 00:47:12; Maureen Enderby (GBR) 00:50:48.
(50 to 60 Yrs.)
Shamala Manmohan 00:59:40; Radha Krishnaswamy 00:59:44; Reeth Abraham 01:00:26.
(60 to 70 Yrs.)
Sharada Venkataraman 01:15:11; Githa Thimmaiah 01:18:29; Malini Kini 01:34:11.
CEO DASH:
Jignesh Bhate (CEO, Molecular Connections) 0:01:19; Sanjay Aggarwal (CEO, Unicel Technologies Pvt. Ltd.) 0:01:20; Rakesh Singh (MD, CITRIX Systems) 0:01:21; Anjan Lahiri (CEO, Sasken Communications Tech. Ltd.) 0:01:22; Karan Bagaria 0:01:49; Vivek B Singh (Jt. MD, Procam International) 0:01:49; Jayesh Mehta (MD, Future Business Tech. Ind. Pvt. Ltd.) 0:02:00; Pratish Batavia (CEO, P D Navkar Biochem Pvt. Ltd.) 0:02:09.
Kingfisher Bombaat Brigade:
Cupa Bangalore (Winner-Animal Welfare).
Think Tank (Think) (Runner up).
Kingfisher Sakkath Bangalorean:
Anand Raj (Winner-Helmet Safety)
Manas Kumar Mahapatra (1st Runner up-General Elections 2014)
Shiva (2nd Runner up-Women Empowerment).

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