New Year to see Rahul Gandhi as PM man

New Delhi: It could all become official with speculation gaining ground that Prime Minister Manmohan Singh intends to declare AICC vice-president Rahul Gandhi as the Congress’ candidate for Prime Minister on January 3.

With the BJP racing ahead by naming Narendra Modi to lead the NDA in the 2014 general election, the chorus to project Rahul Gandhi as the Congress’ PM candidate has been growing in his party over the past few months.

On Monday, finance minister P. Chidambaram, while speaking to a TV channel, also favoured the view in the Congress about naming its PM candidate. “I think today in parliamentary elections as well as state elections voters tend to ask who is the leader. Therefore, in my view, the party should project a person as the leader of the party who will become PM if the party forms the government,” Chidambaram said.

After being routed in Assembly polls in four states, the Congress feels that naming Gandhi as PM candidate could change the grim scenario for the party and enthuse party workers.

PM will not quit early

Congress vice-president Rahul Gandhi has been trying to send signals that he is set to cleanse the party and is in no mood to tolerate corruption. Stepping out of his shell, Rahul Gandhi has been speaking on a number of issues, ranging from the Lokpal Bill to the Adarsh housing scam in Mumbai.

The Prime Minister, who is expected to make this announcement at his press conference on January 3, had earlier made it clear that he was willing to work under Rahul Gandhi. “I have always maintained that Rahul Gandhi would be an ideal choice for the PM post after the 2014 elections. I will be happy to work in the Congress under the leadership of Rahul Gandhi,” Dr Singh had said on his way back from the G-20 Summit in Russia in September. The Prime Minister is also likely to release a report highlighting the achievements in 10 years of UPA rule.

Meanwhile, the PMO on Tuesday denied reports that Dr Singh was going to step down as PM before the 2014 polls. While the PMO issued a statement saying “the Prime Minister will complete his tenure”, information and broadcasting minister Manish Tewari attacked the media for its “baseless” speculation. “I know on December 31 there is little news but this does not mean that absurd, baseless and incorrect news stories should be run,” Tewari fumed. For him, “Prime Minister, UPA chairperson Sonia Gandhi and Rahul Gandhi are the trinity of the Congress.” On being asked about Rahul Gandhi being projected as the Congress’ PM candidate, Tewari said: “Rahul Gandhi is the natural leader of the Congress.”

In his bid to sound positive and optimistic, Tewari, while talking about the Congress being routed in four states, argued “that as a party, may be as a government, they have been disappointing. But if you look at them in perspective, out of 29 states which went to polls in the last five years, the Congress won 12 of those states.”

The BJP, however, maintained that naming Rahul Gandhi as the PM candidate would not change the Congress’ slide at the national level. “If they make Rahul Gandhi their PM candidate, then everybody knows what happened to the Congress in the Assembly elections. The whole country knows that Rahul Gandhi could not click anywhere,” BJP leader Mr Yashwant Sinha said.

AICC vice-president Rahul Gandhi has a degree from Cambridge University, but when it comes to politics, he has his backroom boys as advisors. From what he wears to what he talks, everything is scrutinised. This is the team, comprising Oxford scholars to former bureaucrats, that stands by Rahul as he takes on BJP's PM candidate Narendra Modi in the forthcoming general elections. An Oxford graduate, Kaushal Vidyarthee is currently the programme manager at Rajiv Gandhi Mahila Vikas Pariyojana. As a student, he was vice-president at Oxford University Student Union. What caught Rahul's attention was avid blogger's interest in research, especially the one on incorporation of Dalits in the economy. (photo courtesy: vidyarthee.com) As part of the committee in-charge of electoral strategy, Dr. Mohan Gopal provides academic insight into party's decisions. The second ever all India president of the National Students Union of India (NSUI) Gopal plans training programmes for Congress Youth members.Koppula Raju, a 1981 batch IAS officer from Hyderabad who quit his job two months ago to join Rahul, is the chairman of the Congress cell on schedule castes. He travels extensively with Rahul, holding parleys with state unit leaders. He was one among the bureaucrats, who were kidnapped by the erstwhile People's War Group Naxalites, in Gurtedu, in East Godavari district, in 1987. Kanishka Singh, an investment banker, gave up his job at the World Bank to join politics in 2003, the year he was part of the team that helped Delhi CM Sheila Dixit's sweep in the assembly polls. Ever since Congress won Amethi seat in 2004, he has been a companion of Rahul. Singh, a computer engineer and MBA from Wharton, was in charge of door-to-door campaigning in the Saraini Assembly segment.K B Byju, former SPG sharp shooter who provided protection to the Gandhi family, quit forces three years ago to take a plunge into politics. He is the point person for Rahul's (in pic) outstation tours as he coordinates with security personnel and at times, he acts as media coordinator too. (Byju's pic was not available)Sachin Rao, a graduate of the Michigan Business School, manages matters concerning internal surveys and also Youth Congress. Alankar Sawai, a former banker, is now in-charge of documents and social media in the Rahul's team. Like Sachin Rao, Sawai also looks after Youth Congress affairs. (Alankar's pic wasn't available)Apart from this core team, Rahul has others providing him advice on many fronts. Congress leader Digvijay Singh is commonly known as Rahul's mentor or personal loud speaker. Lok Sabha MP from Mandsaur in Madhya Pradesh, Meenakshi Natarajan, is often referred by Rahul as a politician who has made success despite not having pedigree. She lives by her rules as taking public transport.

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Sending vulgar messages, pictures amounts to outraging modesty: HC

Chandigarh: Sending vulgar messages and posting objectionable photographs of young girls on internet tantamount to outraging modesty of woman, the Punjab and Haryana High Court has observed while denying anticipatory bail to an accused. It said such incidents have been "tremendously increasing day-by-day, ruining the social fabric of our society" and need "to be curbed with heavy hands".

The observation was made by Justice Mehinder Singh Sullar while hearing an anticipatory bail plea of Adarsh Singh who was booked by Amritsar police along with another co-accused on charges of outraging the modesty of a woman and other offences under the IPC and the Information Technology Act, 2000 on April 24 last year.

Rejecting the anticipatory bail plea of the accused, the Judge observed "the learned state counsel has also produced on record the copies of vulgar messages, notes, abuses and objectionable photographs. The abuses and messages etc which were sent by the accused to the complainant, are so vulgar, that it is very difficult to describe them in black and white and the same have been kept in a sealed cover".

There is prima facie sufficient evidence on record to support the allegations assigned to the accused, he noted.

The prosecution had claimed that the marriage of complainant was scheduled to be solemnised on November 28 last year. "The petitioner has sent very vulgar messages to her and her other relatives for the purpose of extortion.

He has blackmailed her by projecting and displaying her objectionable photographs on internet. The complainant did not delete and saved the messages in her mobile phone as a matter of proof," the Judge noted. The investigating officer obtained the details of messages and photographs of the complainant displayed on the internet and obtained arrest warrants against the petitioner.

"Perhaps, it cannot possibly be denied that, the tendency and frequency of sending such vulgar messages and projecting the objectionable photographs on internet of innocent young girls by such accused, have been tremendously increasing day-by-day, ruining the social fabric of our society, which needs to be curbed with heavy hands," the Judge said. The order came in December.

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Telangana bill to be tabled in parliament in February: Reddy

New Delhi: Union Minister Jaipal Reddy today said the Telangana statehood bill would be tabled in Parliament in the first week of February.

Briefing reporters here, Reddy, who is a senior Congress leader from Telangana region, said he was confident the bill would be passed.

"I am not only a cabinet minister but also a senior parliamentarian. I have my own assessment," he said. Asked about the change in portfolio of a Andhra Pradesh minister, which has kicked up a political storm in the state, he said any move by the (state) government and the Chief Minister are irrelevant to constitutional process.

"The wisdom of those doing this is limited," he charged without naming Andhra Pradesh Chief Minister N Kiran Kumar Reddy who effected a minor reshuffle of portfolios by allocating Legislative Affairs to S Sailajanath from Seemandhra region, as an addition to the School Education portfolio he has been holding.

Civil Supplies Minister D Sridhar Babu, belonging to Telangana, was divested of the additional portfolio of Legislative Affairs and given charge of Commercial Taxes Department.

The portfolio re-jig seemingly sought to alter the regional equations at a time when the state legislature is set to take up a crucial debate on the draft AP Reorganisation Bill-2013, referred to by the President, from January 3.

Jaipal Reddy sought legislators to express their opinion about the Bill in the assembly. "If you do not discuss, it is the loss of the assembly," he added.

The President had given time till January 23 for the legislature to return the draft bill after due deliberations. 

After keeping mum for sometime, Andhra Pradesh chief minister Kiran Kumar Reddy has once again raised voice against the bifurcation of Andhra Pradesh to form a separate Telangana. He cautioned millions of farmers in Seemandhra and Telangana regions of the serious consequences of division of the state. According to him, the bifurcation was done without addressing key issues of water, power and infrastructure, which could lead to deficit and bigger problems. He fears the lapses in water distribution would erupt.In Andhra Pradesh, the dams located in one region serve the needs of other region. For example, Srisailam dam is located in Rayalaseema, but it serves the irrigation needs of Rayalaseema, Telangana and Andhra regions. So, Kiran is worried as how can that waters be shared. Telangana comprises 68 pc of the catchment area of the Krishna river and 79 pc catchment area of Godavari river. Utilising these resources for the development of the region will be a big challenge for the state.Andhra Pradesh's major rivers include Godavari, Krishna and Pennar. According to the Krishna tribunal award, Maharashtra gets 560 tmc feet of water, Karnataka 700 TMC and Andhra Pradesh 811 TMC. The Srisailam and Nagarjunasagar dams are central to the Krishna river in Andhra Pradesh. (1 TMC equals 28.3 billion litres).The Nagarjunasagar dam is right on the border of Andhra Pradesh and Telangana and caters to the irrigation needs of Andhra and Telangana. Kiran feels the new state would badly hit irrigation projects.Godavari is less exploited as compared with Krishna and most of the water flows into the Bay of Bengal. The Godavari Waters Disputes Tribunal in 1975 awarded 1,480 TMC to Andhra Pradesh, but proponents of separate Telangana are demanding more than 60 pc of that water share.As for agriculture is concerned, Seemandhra regions are better irrigated and account for 60 pc of total crops cultivated in Andhra Pradesh. Telangana has over 65 pc agriculture pumpsets. But with Telangana expected to face at least 40-50 pc power shortage, the irrigation projects will be affected.Currently in Andhra Pradesh, the power generation is only 57 million units per day against a demand of 115 MU. Though Telangana boasts of major coal deposits, Seemandhra has more gas-based stations with higher installed capacity of power. The Ramagundam thermal power station is in Telangana but is controlled by the Centre.Kiran accused TRS chief K. Chandrasekhar Rao of misleading farmers with a promise to bring 10,000 MW from Chhattisgarh since the installed capacity of the neighbouring state was only 6300 MW.Before bifurcating the state, the Centre, Kiran feels, must have clarity on the status of Hyderabad, which several people from Seemandhra made their home after the formation of AP decades ago.Even as APNGO members are protesting against shifting of the secretariat employees to Seemandhra, Kiran rejected the TRS statistics and said out of 18,856 employees identified as non-locals under GO 610, 9,174 were repatriated and 4,062 were exempted as per the rules.As the capital of united AP for nearly 60 years, Hyderabad city has witnessed enormous growth and transformed into a large metropolis. In the process, many other regions of the State have been neglected. People from Andhra and Rayalaseema are heavily dependent on Hyderabad for health facilities, education and employment opportunities.

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Invest for long-term to derisk from poll results

Investing in the equity markets must always be a planned move to counter any negative market sentiment and increase chances of successful returns. The stakes are even higher in 2014 as the country is going to witness the Lok Sabha elections in the next four to five months. With a chance in the Central government, new policies may get implemented and a new market sentiment may suddenly boost many dormant sectors.

Here are some recommendations that one can do to plan the equity investments for 2014.

Learn more about market environment

Educating yourself on the latest developments and intrinsic details of investing is a good step to usher in the New Year. Irrespective of whether you are a new investor or someone who has been investing for a long time, there is always room to learn and educate about various aspects of investing. In this day and age of global economic sluggishness, the market fundamentals can sometimes behave indifferently. If you have a fair idea about investing and the global economic outlook, chances are that you are more likely to take better investing decisions for all your equity market related investments.

Invest in mutual funds using sip

A lot of people enter the equity bandwagon thinking that they would make substantial gains in a short period of time. While the equity market has given double-digit returns in the past that have been adequate to cover for the rising inflation, unless one knows the market timing the gains can be hard to come by.

The compound annual growth rate or the year-over-year growth rate of an investment has been a roller coaster ride for the past six to seven years. Considering that the Sensex corrected nearly 21 per cent between January 2008 and December 2011 and then rallied 11 per cent till March 2012 and corrected 10 per cent again makes a point for timing the market.

Some people who entered the market in a rally would have made better gains than the ones entering in a bearish phase. Systematic investment plans (SIP) rule out all such timing ambiguity and offers easy investment options as per your choice. Since 2014 is an election year, the daily news and events are likely to trigger the market sentiment one way or the other. In this environment, investing through MF SIP route safeguards against all outside parameters that can drive the equity market sentiment.

Think long-term to play safe in market

The best way to make substantial gains in the equity market is to think long term. Investing is a journey and not a detour. People who understand the importance of investing in the long term are much more successful in the equity market compared to short term speculators.

Considering that 2014 will see a new central government, chances are that any new decisions that the government might take would fructify in the next two to three years. In such a scenario, people investing in equity market in 2014 are better off having a long term investment strategy in place.

Take decisions based on fundamentals

Make sure that all your investment-related decisions this year are influenced by company fundamentals. This year try and learn the basic of reading company quarterly report projections and balance sheets. The more one learns about the fundamental analysis of the company in question, the better the chances of taking a good investment decision.

Keep an eye on news that moves markets

Equity markets can be a high risk affair especially in an election year. Considering that stakes are high for a positive change in the central government, there may be a case of adequate fall in case no party gets a majority in the Lok Sabha elections. As an educated investor, it is essential that one takes equity investment decisions that are in tune with the overall economic analysis of the country along with the basic company fundamental of the investing company.

(The writer is the CEO of BankBazaar.com)

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India Inc to feel pinch of costly land

New Delhi: With the new Land Acquisition Act coming into force on Wednesday, the government has sought to allay apprehensions of the industry, saying there is no bar whatsoever on purchase of private land.

“You want land? Go buy the land,” rural development minister Jairam Ramesh said when asked about his message to private industry on a day the new law came into force.

Investors had expressed apprehension that the new law, which replaced over a century old act, would make land acquisition more expensive for industrial and infrastructure development.

Ramesh said that the new act applies only to the land acquired by Central and state authorities for any public purpose. He, however, said that there is no bar whatsoever, on purchase of private land.
According to him, industry must look beyond land acquisition by the government and explore land purchase opportunities.

“From January 1, 2014, onwards, no land can be acquired under 1894 Act. All land will be acquired (by governments) under the new Act,” the minister said, asserting that the new law was enacted to address “widespread and historical injustices” done to tribals and farmers who were subjected to forceful displacement while acquiring land using the old Act and land acquisition more transparent.
Mr Ramesh said from today, the government will not acquire any land for private investors for their private projects.

“A private builder building condominium cannot expect government to acquire the land. Why should government buy land to a private builder to build country homes for the well-offs,” he said.
The Act to provide just and fair compensation to farmers was passed by both Houses of Parliament last year with overwhelming majority during its Monsoon Session.

Mr Ramesh said if a private project is fulfilling a public purpose, 80 per cent consent is required. “If it is a PPP project, 70 per cent consent is required,” he said, adding that no land acquisition can take place without provisions for Rehabilitation and Resettlement.

He said the rural development ministry is now taking steps to ensure preparation of rules that are intended to bring clarity to certain key processes defined in the law.

He said that the retrospective clause in Act will apply in three circumstances. According to him the clause will apply where Land Acquisition proceedings under the old Act has started and the award has not been announced.

The clause will also apply in a circumstance whre the award has been ann-ounced for the acquired land five years ago but its physical possession has not taken place. It will also apply in case land acquisition has started five years ago under the old Act but a majority of the farmers have not got the compensation.  

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Congress, BJP should support AAP over public issues: Binny

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Ghaziabad: Ahead of the vote of confidence in Delhi Assembly tomorrow, Aam Aadmi Party legislator Vinod Kumar Binny today said the BJP and Congress should support the government over issues pertaining to the people.

"There are several public-related schemes which we are yet to implement. We have asked both Congress and BJP to support us, so that we are able to fulfil all public-related promises," he told reporters here.

Binny said Kejriwal has a throat infection and has been advised rest. "Despite this, Kejriwal would go to Delhi Assembly today. He will leave for Delhi Legislative Assembly from his house around I PM", he said.

Talking to reporters outside Kejriwal's residence, AAP leader Sanjay Singh said, "We have formed government in Delhi keeping 18 issues in mind. If AAP wins confidence vote, Kejriwal-led government would work on such issues".

Asked if AAP has 24 hours left to run the government, Singh said, "We don't know what would happen when the confidence motion comes up in the Assembly tomorrow".

The first session of the Delhi Assembly begins today and will continue till January 7 during which the Arvind Kejriwal-led government will seek a vote of confidence on the floor of the House. In the 70-member assembly, AAP has 28 MLAs, eight short of a majority.

AAP has the support of 8 MLAs of Congress, which is expected to see across the half-way mark. BJP has 31 members and its ally Akali Dal 1. AAP yesterday named first-time MLA M S Dhir as its candidate for Speaker's post.

Senior Congress MLA Mateen Ahmad will be the pro-tem speaker. A pro-tem Speaker presides over proceedings relating to taking of oath by new members and other business till the election of Speaker.

Pages12next ›last »Tags: Aam Aadmi PartyVinod Kumar BinnyBJPCongressArvind Kejriwal Meet Aam Aadmi Party winners: Politicians with a difference Loading... Please Wait 1/27Arvind Kejriwal's Aam Admi Party (AAP) is certainly a party with a difference, not just for its ideology. Its candidates are political novices--- a former IAS officer, businessmen, an ex-NSG commando, bank officials, teachers and journalists, who quit their jobs to bring in a change. Here are those who won against veteran politicians in Assembly polls. 2/27Tech graduate to founder of AAP, the political journey of AAP founder Arvind Kejriwal, a graduate of the IIT, Kharagpur, began few years ago. But he proved the might of the common man this polls by winning huge votes against three-time CM Sheila Dikshit, thereby ushering a revolutionary change in Indian politics. 3/27Commando Surender Singh, who was with the Army for 14 years, fought Kargil War. As part of the commando team deployed at Hotel Taj during 26/11 terror attacks, he fought the terrorists bravely, but was critically injured and lost his hearing ability, because of which he had to quit the Army. 4/27A journalist by profession Manish Sisodia, 41 (Patparganj) has worked for a private news channel and All India Radio prior to turning an RTI activist. He was in jail with Anna Hazare in their fight against corruption. 5/27IIT and law graduate Somnath Bharti, 39, (Malviya Nagar) was the one who fought for 8 innocent boys, whom the police tried to to falsely convict after the December 16 Delhi gang rape. An active Janlokpal movement, owns a house in his wife's name. 6/27Raju Dhingan, 40 (Trilokpuri), was with the CISF before entering politics. He also provides free training to youth in body building. 7/27Girish Soni, 49, (Madipur) is XIIth pass and a businessman. He owns a flat, a car and a scooter. 8/27Rakhi Birla, 26, (Mangolpuri) is a journalist with a private news channel. Apart from that she works in collaboration with few social institutes and works for the causes of Valmiki community. 9/27This is the third victory for Vinod Kumar Binny, 40, (Laxmi Nagar), a firm believer in the concept of Swaraj. Twice he has won as an Independent candidate. He owns shares worth Rs 5 lakh and a car. 10/27There were attacks on the life of Akhileshpati Tripathi, 29, (Model Town) when he fought against corruption in Rationing and black marketing in Oil in his constituency. Tripathi, who fearlessly fought corruption, has been involved in social welfare activities since his student life. 11/27Veena Anand, 47 (Patel Nagar) is a social activist and a member of Jan Lokpal Andolan. 12/27Somdutt Sharma, 36, (Sadar Bazar) draws his inspiration to fight against the system from his college days. As a student union leader he had won the Khalsa college polls twice. He is a cricket player and also aids poor students for their education. (Pic: Youtube) 13/27For over a decade, Sanjeev Jha, 24 (Burari) has been making efforts to provide free education to children from backward areas of Delhi. He has established an organization 'Navpallav' which assists people coming from other states to find jobs in Delhi 14/27For Dinesh Mohaniya, 36, (Sangam Vihar), social service began in his college days. When he himself was a student, he taught street kids. When Anna's movement began, he joined it. 15/27Manoj Kumar, 35, who won from Kondli doesn't have a degree. A Xth pass, Manoj, has been a member of International human rights commission. 16/27Rajesh Garg Rohiniwala, 50, (Rohini) is a former Congress leader, whose wife fought an election on Congress ticket. Despite being in Congress, Rajesh had joined the Jan Lokpal Andolan. 17/27Dharmendra Singh Koli (Seemapuri) is the youngest AAP MLA. A day after his victory, he was booked on charges of molestation and rioting on a complaint by Congress worker Veer Singh Dhinghan who was defeated by him polls. Koli has termed it an attemt to malign his image. 18/27Bandana Kumari, 39 (Shalimar Bagh) is fighting for the cause of poor women's rights. She is also the convenor of a social organization 'Nayi Pehal' which creates awareness on women empowerment. 19/27Jagdeep Singh, 42 (Hari Nagar) lost his father in the massacre of 1984 Anti-Sikh riots. He runs an insurance business and regularly visits hospitals and helps patients. 20/27Mahendra Yadav, 50 (Vikaspuri), a social worker, quit BJP in 2012. 21/27Madan Lal, who won from Kasturba Nagar, is a Master in Law and owns two houses and three flats. 22/27Satyendra Kumar Jain, 49, (Shakur Basti), a graduate, is associated with Sparsh, the organisation that works for the welfare of mentally challenged children. He quit CPWD as he couldn't tolerate corruption. 23/27Ashok Kumar Chauhan (Ambedkar Nagar) is a cricketer and a social worker. He has three flats in his name 24/27Prakash, 25, (Deoli), a commerce graduate, quit an MNC as an assistant manager has been running awareness campaigns educating people on opening accounts, getting voter cards, etc. 25/27Maninder Singh Dhir (Jangpura), a post graduate, is the recipient of President's award for social work. He voluntarily retired as assistant manager from State Trading Corporation of India ltd. and is now doing own business. (Dhir's photo was not available) 26/27Jarnail Singh's (Tilak Nagar) first job gave him a salary of Rs 500. Today he owns a water purifier company. 27/27Harish Khanna, Timarpur, a university teacher, has a Master's degree in arts and is also a PhD.     Related articles Bhushan to address AAP meet in Thiruvananthapuram EC notice to Guj Congress chief for comments on Modi ‘Oppn can’t stop us, will get 20 seats’ ‘Rahul not quite happy with Congress revamp list’ Write a comment Your name Your Comment (Minimum 30 Characters) * CAPTCHAThis question is for testing whether you are a human visitor and to prevent automated spam submissions.

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