Monday, May 7, 2018

ENERTIA Foundation forum

7th May 2018
Dear Friends & Colleagues,
Sub. : Calling you as a “Special Invitee” to attend theENERTIA Foundation forum Hydropower Forum of India – HyFi & Falcon Media Organized — “9th HYDRO VISION CONCLAVE INDIA 2018” and concurrent “3rdTRANSgrid INDIA 2018”.


A)  “9th HYDRO VISION Conclave INDIA 2018”
 –   “Ujwal Jalprawaha + UJWAL Urja for Ujwal Bharat”
 –    Resurgent Hydro : WaterPower – 100 GW+ by 2027
 –    Doubling Water Per Capita Availability to 200 Litres per day (includes Overall usages – Agro, Industrial,                     Government & Domestic Consumption)
 –    Increasing Arable Agricultural Land from 25% to 50%

B)  “3rd TRANSGrid INDIA 2018”
–   Power Sector “Issues of Transmission Expansion”
–   Grid Integration of Renewable Energy (RE)
–   Reliable, Stable, Sustainable & Smart Grid
–   Distribution Efficiency & Power System Automation

Day & Date:
Friday, 25th May 2018
10.30 am onwards (followed by Luncheon).
SCOPE Convention Centre – “Tagore Chambers”, Core No. 8, SCOPE Complex, 7 Lodi Road, New Delhi
GREETINGS to “YOUR GOODSELF” from the Undersignedin my capacity as the President & Chairperson of “ENERTIA Foundation” forums “Hydropower Forum of India – HyFi” “Grid Smart Forum of India – GSFI”, and Editor-in-Chief of our Official Publication“ENERTIA – Asia’s Premier Journal on Sustainable Energy, Power & Renewables”, its holding publishing entity, ‘Falcon Media’.

INDIA’s Futuristic Roadmap for bringing back Share of Hydropower Renewable to 25-30% of National Power Generation Mix (NPGM) from the present record low of 12% level. (North Eastern, Northern & Eastern Upheaval for Storage Based Projects including Pumped Storage + Exploiting Fullest Potentials of Medium & SHPs in Western & Southern India) + Indo-Bhutan Hydropower Bilateral Co-Operation in Focus.

INDIA achieved a “Unified Grid” in 2013 when Southern Grid was connected to the “Rest-of-India” and was into a “One Nation – One Grid – One Frequency” and its Sustainability,finally shaping into a “One Price of Power (Electricity)” by 2022 on a National Scale for each separate customer segment namely Domestic Households, Agricultural / Farm, Industrial, Commercial & Government establishments, etc.
It is our pleasure, vide this letter, to announce and extend our cordial invitation to “YOUR GOODSELF” to be the SPECIAL INVITEE” and preside over the “Summit & Conclave” at theENERTIA Foundation” forums “Hydropower Forum of India –  HyFi” and “Grid Smart Forum of INDIA – GSFI”along with Falcon Media  organized “9th HYDRO VISION CONCLAVE INDIA 2018” and concurrent “3rd TRANSGrid INDIA 2018” being held on Friday, 25th May 2018at SCOPE Convention Centre – “Tagore Chambers”, Core No. 8, SCOPE Complex, 7 Lodi Road, New Delhi (10.30 a.m. onwards followed by Luncheon).
Please find attached the Brochure for the ENERTIA Foundation” forums “Hydropower Forum of India – HyFi” and “Grid Smart Forum of INDIA – GSFI” along with Falcon Media organized “9th HYDRO VISION CONCLAVE INDIA 2018” and concurrent “3rd TRANSGrid INDIA 2018”.
NB :      RSVP : Steffi Iyer, Coordinator – HyFI & GSFI (M : + 91 – 92244 07245) / Poonam Mate (M : + 91 – 90297 88997)
REPA (Renewable Energy Promotion Association) India’s Apex National Umbrella Organization and Sole Non-Profit body for Promotion of Renewable Energy in India, SAARC and Asia at large is the support body (Non-Profit cause) and NDIM (New Delhi Institute of Management) are partnering this“9th HYDRO VISION CONCLAVE INDIA 2018” and Concurrent “3rd TRANSGrid INDIA 2018”.
It is our pleasure, vide this letter, to request of “Your Goodself”to join the discussions as our “SPECIAL INVITEE” at this“9th HYDRO VISION CONCLAVE INDIA 2018” and Concurrent “3rd TRANSGrid INDIA 2018”.
With Warm Regards & Best Wishes

R. Thiagarajan Iyer
Editorial Director – ENERTIA
Convenor – GSFI – Grid Smart Forum of India
M : +91-75887 13573
ENERTIA Foundation Website :
Falcon Media Website :

Impact of GST on Business, Industry and Exporters. 

The report was widely publicized and appreciated by the media and stakeholders across India.
The report comprises of a comprehensive survey analysis to identify and access the ground level impediments faced by Businesses, Industry and Exporters due to implementation of GST, which revealed some startling results. The reports reveals the true scenario of the implication of GST on business activity of industries and exporters across India.
According to the survey more than half of the respondents revealed that their business sales post-GST implementation has declined.
·         Around 43% of the respondents revealed that the technicalities followed by moving on to GSTN are slightly difficult, whereas 29% and 24% responded that they are very difficult and highly complex, respectively.
·         On the questions pertinent to refund mechanism, around 55% of the respondents revealed that the refund mechanism under GST is slightly complex but time saving, whereas 35% of them responded that the mechanism is very complex and time consuming.
·         Around 38% revealed that the legal cost incurred due to compliance by their business for entering into GST network was greater than INR 1 lakh whereas half of the respondents revealed that the technical cost was greater than INR 1 lakh.
·         On the overall transparency scenario in the GST network, majority of the respondents said that there is less transparency in the mechanism. Around 48% of the respondents said that the refund procedure and accessibility of laws and rules are less transparent. Similarly, 43% of the respondents revealed that changes in rules and laws are less transparent.
       To mitigate the hindrances created due to the implementation of GST, the report suggested various reforms in the GST regime. These suggestions include filing of returns quarterly instead of monthly; to keep supply to Merchant Exporter under zero category supply; time limit to pay vendors should be removed; GSTR 2 and 2A matching should be made GSTN wise than Invoice-Wise; to bring back all the benefits of 100% EOU companies under GST regime among others.

UN Economic and Social Survey of Asia and the Pacific 2018

UN Economic and Social Survey of Asia and the Pacific 2018
Tuesday, 8 May 2018, 10.00 a.m.,
at ICRIER Conference Room
(Core 6A, 4th Floor), India Habitat Centre (IHC)
Lodhi Road, New Delhi -110003
Building on steady economic growth, how can Governments in Asia and the Pacific ensure that such performance is sustained over time, is inclusive and has minimal environmental implications? What is the near-term macroeconomic outlook in the region — more specifically the South and South-West Asian subregion — and what are the major current and emerging challenges?
These are some of the questions analysed in the Economic and Social Survey of Asia and the Pacific 2018; the latest flagship publication of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The Survey will also examine the challenges that rapid technological advancements are posing in terms of job polarization, income and wealth inequalities, along with the impact China’s pursuit of innovative, inclusive and sustainable economic growth could have on the region’s economies.
Every year, the Survey discusses regional economic progress, provides cutting-edge analysis and guides policy discussion on current and emerging economic and development issues to support sustained, inclusive and sustainable economic growth. It is the longest running and only publication by an international organization that covers the entire Asian and Pacific region (53 Member States and 9 associate Members).
The Survey will be launched in New Delhi on Tuesday 8 May 2018 at ICRIER Conference Room, IHC, by Dr. Rupa ChandaHead, ESCAP South and South-West Asia Office and Dr. Jaimini Bhagwati, Reserve Bank of India Chair Professor, ICRIER.
10.00 a.m.
Arrival of guests and registration (Tea and Coffee)
10.30 a.m.
Welcome remarks:  Representative of the United Nations Information Centre (UNIC) for India and Bhutan
10:35 a.m.
Unveiling of the Survey by the Chief Guest, Dr. Jaimini Bhagwati, Reserve Bank of India Chair Professor, ICRIER

10:40 a.m.
Presentation of key findings from the Survey 2018, by
Dr. Rupa Chanda, Head, ESCAP South and South-West Asia Office
11:00 a.m.
Remarks by Dr. Jaimini Bhagwati, Reserve Bank of India Chair Professor, ICRIER
11.20 a.m.
Q&A with representatives from the media/open discussion
Closing of the event
Short profiles of speakers
Dr. Jaimini Bhagwati is Reserve Bank of India Chair Professor, ICRIER. Dr. Bhagwati was educated at St. Stephen’s College, Tufts University and Massachusetts Institute of Technology (MIT). He is also currently chairman of the Infrastructure Development Finance Corporation (IDFC) Alternatives and board member of IDFC’s holding company. He was India’s High Commissioner to the United Kingdom and India’s Ambassador to the European Union, Belgium and Luxembourg. He has held senior positions in the Ministry of External Affairs.
Dr Bhagwati was Joint Secretary (Capital Markets, Pension Reforms and External Commercial Borrowings) in the Ministry of Finance (MoF). He has worked for eleven years in Washington DC in the World Bank’s Treasury. His responsibilities at the World Bank included bond funding, derivatives transactions and asset-liability management. Dr Bhagwati has authored research publications in ICRIER, at the World Bank and in several books. He is an occasional columnist in Business Standard (an Indian daily newspaper).
Dr. Rupa Chanda is the Head, ESCAP South and South-West Asia Office, based in New Delhi. Formerly, she was the RBI Chair Professor in Economics and a faculty member at the Indian Institute of Management Bangalore where she taught courses in Macroeconomics and International Trade across various programmes. She has served IIM Bangalore in various administrative capacities including Faculty Nominee on the institute Board of Governors and Department Chair.
She received her PhD in Economics from Columbia University and her Bachelors from Harvard University, USA. She is a recipient of several teaching awards and distinctions. Before joining IIMB, she worked as an economist at the IMF in Washington, DC. She is a member of several committees and councils in India and was appointed as a member of the WHO’s Expert Committee on International Health Regulations in 2015-16.
She has published extensively in the form of book chapters, books, edited volumes, journal articles, reports and discussion papers in her research areas. She has presented her work at conferences, workshops, andseminars, both nationally and internationally.

National Information Officer

Putin sworn in for another six years

Putin has been was sworn in for another six years as Russian president.
Mr Navalny, the opposition leader was detained soon after showing up on Moscow’s Pushkin Square.
Standing in the Grand Kremlin Palace’s ornately-decorated Andreyevsky Hall with his hand on a gold-embossed copy of the constitution, Mr Putin swore to serve the Russian people, safeguard their rights and freedoms, and defend Russian sovereignty.
“I consider it my duty and my life’s aim to do everything possible for Russia, for its present and for its future,” he said.
His win was his biggest ever and the largest by a post-Soviet Russian leader, something he and his allies say gave him an unequivocal mandate to govern.
Russia’s main opposition leader, Alexei Navalny, was barred from standing in the election.
On Saturday, Mr Navalny and around 1,600 anti-Kremlin activists were detained by police during street protests against Mr Putin ahead of his inauguration.Mr Navalny was detained soon after showing up on Moscow’s Pushkin Square.

Singh attack Modi “disastrous policies”

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Former PM Manmohan Singh on Monday launched a scathing attack on the Modi government for its “disastrous policies” and “economic mismanagement”, and said the country was facing crises that were avoidable.
Mr MM Singh attacked the government over a series of banking sector frauds, the money swindled almost quadrupled from Rs 28,416 crore in September 2013 to Rs 1.11 lakh crore in September 2017.
“Perpetrators of these frauds meanwhile escape with impunity. The economic mismanagement of the Modi government, and I say this with great care and responsibility, is slowly eroding the trust of the general public in the banking sector,” he said. Two “major avoidable blunders” of the Modi government had been demonetisation and hasty implementation of GST.
He said the losses the economy suffered due to these blunders had severely hurt the micro, small and medium enterprises and resulted in the loss of tens of thousands of jobs.
Besides, exports as a share of the GDP plunged to a 14 year low at a time when the global economy was reviving and exports of other Asian nations like Vietnam were growing substantially, he said.
Singh said petrol and diesel prices were at a “historic high” despite a fall in international crude oil prices because the Modi government had chosen to levy “excessive” excise duty.
“Instead of passing on the benefits of low prices to the people, the Modi government has punished the people,” he said.
“Our nation today is experiencing difficult times. Our farmers are facing an acute crisis, our aspirational youth are not finding opportunities, and the economy is growing below its potential,” Singh told reporters.

Houses of 1400 poor Dalit and Muslim families under threat

Houses of 1400 poor Dalit and Muslim families under threat of demolition in Mumbai
No eviction without rehabilitation
Due process of law to be followed before carrying out the demolition drive

Mumbai | 6th May, 2018: Amidst hollow populist claims of ‘Housing For All’ and ‘Affordable housing’, the government-administration of Mumbai is once again threatening to demolish homes of around 1400 poor Dalit and Muslim families.
Two slum areas-Bheemchhaya in Kannamwar Nagar, Vikhroli and Cheeta Camp in Trombay are set to be razed to ground by bulldozers.
Bheemchhaya is a Dalit majority community with 800 households while Cheeta Camp is a Muslim majority slum community with 600 households. The demolition will be carried out by the Maharashtra Forest Department.
Government claims that these areas are notified as forest and needs be free of encroachment. However, without following the due process of law and making enough provisions for grievance redressal, the Forest Department has announced the demolition of Cheeta Camp will be carried out tomorrow and Bheemchhaya on later dates. No notices of demolition have been served to the affected families.
These slums are protected as per Maharashtra Slum Act but the Forest Department has notified these areas as ‘reserved forest’ and is disrespecting the housing rights of the slum dwellers by refusing to rehabilitate the protected slum dwellers.
Heavy police forces are deployed for the demolition drive. Local police station of Cheeta Camp is terrorising Muslim youths and threatening them of dire consequences if they try to resist the demolition drive.
While in Bheemchhaya, Forest Department has issued orders of demolition on false grounds without providing the aggrieved slum dwellers any mechanism to appeal against the order. This action will amount to violation of section 3 of Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989 which prohibits eviction of member of a Dalit Community without following due process of law.
This government is disregarding the vulnerabilities of the Dalits and minority communities in this country by demolishing their only shelter. This will lead to further marginlisation of these communities.
Ghar Bachao Ghar Banao Andolan appeals to the state government of Maharashtra to stop this demolition of homes of vulnerable families with children.
We also appeal to members of civil society, political organisations and concerned citizens of the city to stand up against this injustice. We appeal everyone to visit Bheemachaya and Cheetah Camp to initiate dialogue with members of the community and persuade the state government to resolve matters by dialogue and mutual consent rather than brute police force. The city belongs to everyone and it is the government’s responsibility to ensure housing to all. Instead, for years what Mumbai is witnessing is ‘snatching away’ of homes, life and livelihood by that very state that should protect the poor, vulnerable and marginalised.
We must come together to prevent another gross injustice in the name of demolition that will be remembered as a dark chapter in Mumbai’s history.
 Please phone and write to request to stop the demolition:

Sr. No.NameDesignationPhoneEmail
1.Shri. Devendra FadnavisChief Minister of

Off. 022-22025222, 22025151
2.Shri. Sudhir Sachchidanand MungantiwarMinister for Finance and Planning, 022-22843657
3.Shri. Vasudevan N.Additional Principal Chief Conservator of

Off. 022-26591586
Mob. 8879085704
Contact: 9958660556

Seminar on Industrial Growth:

Industrial sector is the backbone of any economy as it fuels growth, productivity and employment and strengthens other sectors of the economy. The plethora of dynamic reforms have been undertaken by the Government for the growth and development of our industrial sector such as Make in India, reclassification of MSMEs from investments to turnover criteria, easing FDI norms, labour reforms, announcement on fixed-term employment to boost ease of business , reduction in corporate tax rates, incentives for Startup India, among others. Significant improvement in the World Bank’s Ease of Doing Business ranking from 130th position in 2017 to 100th position in 2018 is encouraging and further improvement is expected in coming times.
Presently, industrial growth of our country is reviving, though slowly. The growth in industry output measured in terms of IIP for the month of February 2018 stands at 7.1%. Going ahead, several recent developments such as Draft New Industrial Policy 2017, improvements in Ease of Doing Business & Labor Reforms, recent developments related to trade war between some large economies and regulatory developments such as ban on issue of  LOCs/LOUs among others would be crucial for India’s futuristic industrial growth and development and its participation in global economic landscape.
Ukraine nation has cheap labour cost and land is not very expensive and is highly tech nation give Indian companies life time investment opportunities to be part of  Europe trade with no tariff or trade charges to be part of european market.
With this backdrop PHD Chamber of Commerce and Industry is organizing a Seminar on Industrial Growth: Burning issues and Way Forward on May 10th 2018 at 10:00 am to 01:30 pm (followed by lunch) at PHD Chamber, New Delhi to deliberate on burning issues and way forward for the growth and development of industrial sector of India.
The Seminar would focus on following areas:
·         Draft New Industrial Policy 2017
·         Ease of Doing Business
·         Labour Reforms /Land banks
·         Level playing field
·         Trade wars and protectionism
·         Impact on industry due to regulatory announcements by Reserve  Bank of India such as ban on LOCs/LOUs, Prompt Corrective Action framework for banks, among others.
The eminent dignitaries from the Government, policy makers, international organizations, academicians, industry stakeholders will be deliberating on the focus areas of theseminar. It will offer an excellent platform to deliberate on issues faced by Indian industry and suggestions to push growth and development of industrial sector in the coming times.

Mayor of Zhytomyr Ukraine in conversation with Indian Industrialists

The Mayor of Zhytomyr, Ukraine Mr. Serhii Sukhomlyn, deliberated with various industrialist on the feasibility of Indian companies to invest in Ukraine, the country with a population of 4 millions people at the gateway of Eastern Europe with a FTA with the union and is with 3.5% growth is hub of industrial growth with its market  in Europe and pan Asian countries.
Ukraine is rich with natural resources for agricultural context with rich and fertile soil with abundance of palatable water  and its proximity with ease of business is  golden opportunity for the upcoming companies and big companies from India to invest in Ukraine with frugal input cost of Capital and recurring cost thus corporate wish to upscale their business with Europeans countries and wish to export back to Asian countries wish to exports  to other countries for their products to be competitive the Mayor of Zhytomyr, Mr. Serhii Sukhomlyn, explained the government initiative to give Indian companies the cluster or industrial zone with lots of Industrial facilities which they have given to the Chinese companies in the past  but the Chinese  are more interested in creating the infra structure on transport, Ukraine finds Indian companies present in Ukraine such as Tatas, Ashok Leyand, Mahindras and Sun pharma are doling exceedingly well thus invite more Indian corporate to invest in   Zhytomyr, Ukraine . Two countries having trade of 2.1 billion dollar last years look forward for better growth in two nation trade.
The objective of Mayor’s visit to India is look for business prospects in the fields of IT, solar energy, and infrastructure projects among others.  Interaction with Mr. Serhii Sukhomlyn, Seminar on Industrial Growth: Mayor of Zhytomyr Ukraine on 7 May 2018 from 1000 hrs onwards at the Hall No 3 Pravasi Bhartiya Kendra (PBK), Chanakyapuri.
The best part of the deliberation was the Mr Deepak chairing the session conducted the deliberation in most professional order with an introduction of each Industrialist or support companies and thereby address by the chief Guest the  Mayor of Zhytomyr Ukraine and taking up questions till last for the clarifications sought from Visa to business need were excellently answered by the Mayor and accompanied staff of Ukraine Embassy in India. Indian Industrialist gathered the best glimpse of the country and its ease of business with each delegate cheering grace was visible.
The  Mayor of Zhytomyr Ukraine  Mr. Serhii Sukhomlyn, showed the film on Ukraine modern industrial and commercial growth happening at glance with an outlook of the nations approach towards its industrialization.
Ukraine is supplier of high tech block-chain to the global market in Nuclear and other technology and is therefore lucrative investment opportunity destination.

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Karnataka Assembly Elections, Analysis of Criminal and Financial Background of Contesting Candidates

Criminal Background

Criteria for serious criminal cases

1.       Offence for which maximum punishment is of 5 years or more.
2.       If an offence is non-bailable
3.       If it is an electoral offence (for eg. IPC 171E or bribery)
4.       Offence related to loss to exchequer
5.       Offences that are assault, murder, kidnap, rape related
6.       Offences that are mentioned in Representation of the People Act (Section 8)
7.       Offences under Prevention of Corruption Act
8.       Crimes against women.

·        Candidates with Criminal Cases: Out of the 2560 candidates analysed391(15%) candidates have declared criminal cases against themselves.
·        Candidates with Serious Criminal Cases: 254 (10%) candidates have declared serious criminal cases against themselves.
·        Candidates with cases related to murder: candidates have declared case related to murder (Indian Penal Code Section-302) against themselves.
·        Candidates with cases related to attempt to murder: 25 candidates have declared cases related to attempt to murder (Indian Penal Code Section-307) against themselves.
·        Candidates with cases related to crime against women: 23 candidates have declared cases related to crime against women such as Assault or criminal force to woman with intent to outrage her modesty (IPC Section-354); word, gesture or act intended to insult the modesty of a woman (IPC Section -509) and cohabitation caused by man deceitfully including a belief of lawful marriage (IPC Section 493); Husband or relative of husband of a woman subjecting her to cruelty (IPC Section-498A) etc.
·        Party wise Candidates with Criminal Cases: Among major parties, 83(37%)out of 224 candidates from BJP,59 (27%) out of 220 candidates analysed from INC,41(21%) out of 199 candidates analysed from JD(S), 5(20%) out of 25 candidates analysed  from JD(U), 5(19%) out of 27 candidates analysed  from AAP and 108 (10%)out of  1090  independent candidates have declared criminal cases against themselves in their affidavits.
·        Party wise Candidates with Serious Criminal Cases:  Among major parties,58(26%) out of 224 candidates from BJP,32 (15%) out of 220 candidates analysed from INC, 29(15%) out of 199 candidates analysed from JD(S), 3(12%) out of 25 candidates analysed  from JD(U), 1(4%) out of 27 candidates analysed  from AAP and 70 (6%) out of  1090  independent candidates have declared serious criminal cases including murder, attempt to murder, kidnapping etc. against themselves in their affidavits.
Figure 1: Party Wise Candidates with Criminal Cases

·        Red Alert Constituency:  There are 56(25%) red alert constituencies in the Karnataka Assembly Elections, 2018.
Red Alert constiuencies are the constituencies which have 3 or more candidates with declared criminal cases.

Financial Background
                              Figure 2: Share of Wealth among Candidates

·        Share of wealth among candidates : The share of wealth amongst the candidates contesting in assembly elections of Karnataka is as follows:
Value of assets
No. of candidates
 Percentage of candidates
Rs 5 crore and above
Rs 2 crores to 5 crores
Rs 50 lakhs to 2 crores
Rs 10 lakhs to 50 lakhs
less than Rs 10 lakhs
Table 1: Share of wealth amongst contesting candidates
·        Crorepati CandidatesOut of the 2560 candidates analysed, 883 (35%) are crorepatis.
·        Party wise Crorepati Candidates: Among major parties, 208(93%) out of 224 candidates from BJP, 207 (94%) out of 220 candidates analysed from INC, 154(77%) out of 199 candidates analysed from JD(S), 13(52%) out of 25 candidates analysed fromJD(U), 9(33%) out of 27 candidates analysed  from AAP and 199 (18%) out of  1090  independent candidates have declared assets worth more than Rs. 1 crore.

Figure 3: Party Wise Crorepati Candidates

·        Average assets: The average of assets per candidate contesting in the Karnataka Assembly Elections 2018 is Rs 7.54 crores.
·        Party wise average assets: Among the major parties, the average assets per candidate for 224 BJP candidates is Rs 17.86 crores220 INC candidates analysed  have average assets of Rs 38.75 crores, 199 JD(S) candidates analysed have average assets worth Rs 20.91 crores, and 1090 Independent candidates analysed have average assets of Rs. 1.58 crores.
·        High asset candidates*:  The  top 3  candidates with highest assets contesting in the Karnataka 2018 Assembly Elections are given below:
Party Name
Movable Assets (Rs)
Immovable Assets (Rs)
Total Assets (Rs)
PAN Given
1020 Crore+
1015 Crore+
840 Crore+
Table: Top three candidates with highest declared assets

·        Zero assets Candidates: There are 17 candidates who have declared zero assets.
·        Low asset candidates: The three candidates with lowest assets( excluding candidates with zero assets) are as follows:
Party Name
Movable Assets (Rs)
Immovable Assets (Rs)
Total Assets (Rs)
PAN Given
1 Thou+
Jai Vijaya Bharathi Party
2 Thou+
2 Thou+
Table: Candidates with declared lowest assets

·        Candidates with high liabilities: The top three candidates with highest liabilities are as given below:
Party Name
Total Assets(Rs)
Liabilities (Rs)
Disputed liabilities (Rs)
PAN Given
1020 Crore+
# 8,02,74,82,214
802 Crore+
8 Crore+
227 Crore+
283 Crore+
840 Crore+
# 2,28,27,02,677
228 Crore+
5 Crore+
Table: Top three candidates with high liabilities

·        Undeclared PAN:  A total of 309(12%) out of the 2650 candidates analysed have not declared their PAN details.
·        Candidates with high income as declared in the ITR*: The details of top 3 candidates with high declared income are as given below:
Total Asset (Rs)
Self Source of Income
Spouse’s Source of Income
The financial year for which the last income tax return has been filed by candidate
Total income shown by candidate in ITR (Self+Spouse+
Dependent) (Rs)
Self income shown by candidate in ITR (Rs)
10,15,80,29,352  1015 Crore+
Agriculture, House Property, Business & Other Sources
House Property & Other Sources
157 Crore+
1,04,41,26,570  104 Crore+
1,03,19,48,613  103 Crore+
Husband’s income
27 Crore+
27 Crore+
3,80,98,56,625  380 Crore+
Income from Salary, House Property, Business and Other Sources
Income from House Property, Business and Other Sources
24 Crore+
1 Crore+
Table: Candidates with high income as declared in ITR
*Total income includes income of self, spouse and dependents

·        Sources of Income 340 (13%) out of 2560 candidates have not declared their sources of income.

Other Background Details
·        Education details of candidates: 1351 (53%) candidates have declared their educational qualification to be between 5th pass and 12th pass, while 981(38%)candidates have declared having an educational qualification of graduate or above.  There are 52(2%) candidates who have declared themselves literate whereas 50(2%) are illiterate. 11 candidates have not given their educational qualification.
·        Age details of candidates:  One candidate has declared her age as 20 years.849 (33%) candidates have declared their age to be between 25 and 40 years while 1351(53%) candidates have declared their age to be between 41 and 60 years. 347(14%)candidates have declared their age to be between 61 and 80 years while candidates have declared their age to be between above 80 years. 7 candidates have not given their age in their affidavits.
Gender details of candidates: 209 (8%) women candidates are contesting in the Karnataka assembly election, 2018.
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Association for Democratic Reforms

Seeking inputs for PHD Chamber’s Exporters’ Perception Survey

In the recent years, India’s trade deficit has widened by 45% to USD 157 billion in 2017-18 compared with USD 108 billion in 2016-17. The year 2017-18 has been a missed opportunity for India to touch an unprecedented growth in its exports, as world economy has shown remarkable signs of growth and major economies like US, EU, Japan are showing rise in their import growth. India’s exports as a percentage of GDP has fallen to its lowest since 2003-04, viz. 12% during 2017-18.
Despite being the fastest moving emerging economy in the world, we are struggling to contribute to the global value chains across the world. The lackluster export performance will have a crippling impact on the growth of Indian economy in the coming years. Various structural and domestic factors such as after-effects of demonetization and teething problems of GST have significantly impacted the potential of exports growth. Many of the exporters are still struggling for their IGST refunds and are out of exports business as their working capital has been squeezed as crores of rupees have been stuck in the IGST refunds process.
At this backdrop, PHD Chamber of Commerce and Industry is conducting a survey to identify and access the ground level impediments faced by exporters. PHD Chamber’s Exporters’ Perception Survey (EPS) is based on a survey of exporters across different sectors and is used as an indicator to assess outlook of exports performance in India. We therefore request you to kindly share your views by way of answering the survey.

“Get into the mind of the millennial”

Dear Members,
We are pleased to Invite you for a Masterclass on The Psychology to Business- Chapter 1: “Get into the mind of the millennial”
Date: Tuesday, 15th May
Time: 9:30 AM to 1:30 PM
Address: NASSCOM Startup Warehouse, Plot No 1, Udyog Vihar Phase 1, Gurgaon
This is the first in the series of The Psychology to Business Masterclass. The masterclass are designed to:
  • Bring concepts of from psychology to life for businesses.
  • Help clients build more science into their talent management programs.
  • To uncover popular myths and misplaced assumptions that organization use when assessing or modifying behavior at the workplace.
This class answers questions about Millennials- the generation that has us guessing. Get behind the scenes to know WHY millennials behave the way they do – The psychology to it all is quite surprising !
The 4 hour class will weave in perspectives from
  1. Maslow’s Need Hierarchy
  2. Erickson’s Psycho-socialDevelopment Theory
  3. Donald Super’s Career Rainbow
By the end of the class participants are able to
  • Segment their millennial population into career readiness categories and develop customisedstrategy for their engagement and retention.
  • Understand their employees/ children better – understand the WHY behind their unique behaviour.
Speaker Profile:
Radhika Bhalla
Organization Psychologist- Quadrangle Consulting
The Session is free for Members to attend, but prior Registration is Mandatory.
Chetan Sharma
P.S- Noida Members Please register for the same session in Noida on 18th May*

CONCERT BY EBONY DUO Tues, 8th May at 6:30 | IIC Auditorium

Hungarian Information and Cultural Centre, New Delhi's photo.
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    Tomorrow at 18:30–20:00
    Tomorrow · 24-34° Thunderstorms
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    Joseph Stein Lane, New Delhi
    Dear Friends,
    As part of the Hungarian Presidency 2017/18 of the Visegrad Group, Embassy of Hungary and Hungarian Information and Cultural Centre in collaboration with the India International Centre is organizing a piano cello recital by the EBONY DUO from Hungary comprising of Virag Kiss and Sandor Dezso on Tueday, 8th May 2018 at 6:30 pm. PFA the invite for the same. We look forward to your presence.

    Piano-Cello by VIRÁG KISS & SÁNDOR DEZSŐ under the flagship of the Hungarian Presidency 2017/18 of the Visegrad Group.
The Ebony Duo
When talking about a classical music concert, the piano-cello pair is always a favorite of the audience.The different sounds and tones of the instruments come together wonderfully. The dense sound and wide range of the piano creates a brilliant unity with the lyric and smooth tone of the cello. The virtuosic characteristic of both instruments always promises an exciting performance.
The artists’ acquaintance dates back to 2005, when they were both studying in Miskolc. Their work together has gathered great interest early on and they have given numerous concerts in the years since then with the help of Philharmonia East-Hungary Non-profit Llc. They have played at the Community Hall of Erzsébetváros, the Klebelsberg Hall of Culture, Cultural Center of Marczibányi Square, the Glass Hall of the Palace of Arts, Budapest, the Törley Salon and many other locations. Since spring 2009 they have fulfilled many invitations abroad, including the Hungarian Institute of Paris, the Hungarian Institute of Sofia, Nagybánya, at the Teleki Home in Kassa, Slovakia, in the Löffler Béla Museum in Kassa, Slovakia. They have also performed in France in the cities of Tours, Angers, Trellieres, St.Florent Le Viel, Mont Louis sur Loire, Fécamp and Amboise. Their professors: Miklós Perényi, Zoltán Kocsis, János Rolla, László Mező.
About the musicians
Virág Kiss, pianist
She studied in Tours, France at the Francis Poulenc Music Academy. She received her degree with honors as a piano artist under the tutelage of Marc Maier and Jean-Marc Cochereau. She stepped into the limelight as a solo artist by performing Piano Concerto No. 2 by Rachmaninoff. She received her piano teacher and chamber music artist degree from the Bartók Béla Music Institute of the University of Miskolc.
She utilized her artistic talents as a piano accompanist working for – among others – the Miskolc National Theatre assisting the singers, instrument players and the choir as well. She was the piano teacher of Egressy Béni Music School, Miskolc from 2006, and has held the same position in Járdányi Pál Music School, Budapest since 2009. Her professors: Marc Maier, Margit Kincses, Lívia Rév, Jenő Jandó.
Sándor Dezső cellist
He laid the foundations of his studies first as a student of the University of Debrecen, then later as a graduate of the Bartók Béla Music Institute of the University of Miskolc. In 2005, he won Special Prize on the National College Competition of Bow-instrument Players. Returning participant of the courses held by Jozef Podhoransky. Worked as a cellist for the Hungarian Symphony Orchestra, Miskolc and he has also worked with the Symphonic Orchestra in Kassa. He has been on numerous concert-tours in Europe: Germany, Switzerland, Netherlands, Czech Republic, Romania, Bulgaria, and also in Asia: China, Japan, South-Korea. In 2011, he received his master’s degree as a cello artist in Budapest at the Liszt Academy of Music under Miklós Perényi. Currently he holds a teaching position at the Járdányi Pál Music School in Budapest and is a regular performer at various concerts.
Sandor Dezso: Sonatina (Hungarian)
Miloslav Korinek: Sonatina (Slovak)
Ferenc Liszt: Love Dreams (Hungarian)
Bohuslav Martinu: Variations on a Slovak Theme (Czech)
Bela Bartok: Rhapsody 1 (Hungarian)
F. Chopin: Grand Duo Concertant (Polish)
Zoltan Kodaly: Hungarian Rondo (Hungarian)

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