Leisure, Lifestyle & Wellness
Fogging ineffective in dengue control: CSE

The drive however had a harmful health impact, especially on children, elderly and those with respiratory ailments, CSE said


 With over 12,500 reported cases of dengue in the national capital, the Centre for Science and Environment (CSE) on Tuesday claimed that the fogging drive being carried out was "ineffective" against mosquitoes which are responsible for menace.
The drive however had a harmful health impact, especially on children, elderly and those with respiratory ailments, it said.
After a large number of dengue cases recorded in August, the authorities had stepped up fogging as one of the solutions to prevent vector-borne disease from spreading, the CSE said in a statement. 
"We looked into the issue when community members approached us and shared their observations and experiences. We found that fogging is ineffective in containing dengue and has a harmful effect on the health of people," said its deputy director general Chandra Bhushan.
Fogging knocks down adult mosquito only, and not the larvae that are the source of breeding, he said, adding that larvicide measures on the other hand were recognised as an important intervention to prevent large-scale spread of dengue. 
"Unless repeated frequently, fogging cannot control the next batch of adults out of the larvae. This is why, source control through larvicide measures is considered effective," the CSE said.
It estimated that the municipal corporations of south and east Delhi had already spent about Rs.70 lakh on diesel for fogging till October 10. 
The CSE said medical experts suggest that direct inhalation of diesel fumes, combined with insecticides, can exacerbate asthma or bronchitis among those with respiratory ailments, and said that instead of fogging, the focus should be on long-term preventive measures and creating awareness among people.
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.


Nifty, Sensex struggling to head higher – Tuesday closing report
Nifty will remain in an uptrend as long as it is above 8,150
We had mentioned in Monday’s closing report that Nifty, Sensex uptrend may pause and that while bulls remain in control, Nifty is likely to turn sluggish at the current levels. The major indices in the Indian stock markets were moving sideways for much of the day’s trading on Tuesday, and finally closed with marginal losses. The trends in the indices through the day are given in the table below:
Caution over quarterly results coupled with profit bookings subdued Indian equity markets on Tuesday and led to a marginal fall in the major indices in the stockmarkets. Initially, both the Sensex and the Nifty opened flat in line with their Asian peers.
Further denting sentiments included Reserve Bank of India (RBI) Governor Raghuram Rajan's comments made on Monday cautioning the International Monetary Fund (IMF) to stop some countries from initiating policies that might negatively impact global economy.
The lacklustre Asian markets also negatively impacted the Indian indices. In Asian markets, Japan's Nikkei was up 0.42%, while Hong Kong's Hang Sang slipped by 0.37%. However, China's Shanghai Composite index increased by 1.11%.
Negative European markets on the back of diminishing chances of extension of the European Central Bank's (ECB) stimulus eroded investors' confidence.
Yallen, who is expected to speak later in the day, is expected to give cues on whether or not the US Fed will raise interest rates its October meeting. The US Fed will hold its Federal Open Market Committee (FOMC) meet on October 27-28. The FOMC assumes significance as higher interest rates in the US are expected to lead away FPIs (Foreign Portfolio Investors) from emerging markets such as India.
The Indian rupee too lost strength in the day's trade. It was down 25 paisa at 65.06 to a US dollar from its previous close of 64.81 to a greenback. The domestic institutional investors (DIIs) were net sellers in the day's trade, whereas the foreign institutional investors (FIIs) were net buyers. According to data with stock exchanges, the DIIs sold stocks worth Rs.354.96 crore and the FIIs picked up stocks worth Rs.523.69 crore on Tuesday.
Sector-wise, S&P BSE metal index fell by 136.05 points, oil and gas index was down by 67.31 points and healthcare index declined 60.49 points.  The S&P BSE information technology (IT) index rose by 110.98 points, automobile index rose by 55.31 points and consumer durables index gained by 54.40 points.
The top gainers and the top losers of the indices are given in the table below:
The closing values of the major Asian indices are given in the table below:


Dhanlaxmi Bank Officers to resort to agitations again

Alleging harassment and seeking protection from RBI for whistle blowers, the officers from Dhanlaxmi Bank, supported by AIBOC decided to again resort to agitations against the unjustified termination of PV Mohanan, the general secretary of DBOO


After observing a strike for almost 33 days, the officers in Dhanlaxmi Bank Ltd said they will again resort to agitations against the unjustifiable termination of PV Mohanan, the General Secretary of Dhanlaxmi Bank Officers' Organisation (DBOO).
Service of Mohanan, who was working as Senior Manager in the Bank's Recovery Department at Thrissur, was terminated on 11 June 2015 citing 'loss of confidence'.
The National Executive Committee of All India Bank Officers Confederation (AIBOC), after taking a stock of the situation in a recent meeting, has decided to again commence agitation to reinstate Mohanan and restore trade union's rights in Dhanlaxmi Bank. The meeting was attended by DT Franco Rajendra Dev, senior vice president of AIBOC, V Chidambarakumar, president of All India Private Sector Officers Federation, Paul Mundadan, secretary of All India Private Sector Officers Federation and Abraham Shaji John, Secretary for Kerala of AIBOC.
"By dismissing the General Secretary, the Management wants to silence the whistle blowers in the Bank and also find an alibi for their mismanagement, as the DBOO is on an indefinite strike," the DBOO had said in a statement.
Our emails sent to the top management of Dhanlaxmi Bank remained unanswered till writing this article. We will incorporate their answers as and when we receive it.
According to the Officers' Organisation, it is on the path of agitation for the last 10 months as the Bank Management had chosen a victimization route against the association, for pursuing genuine trade union activities. "The difference of opinion started in early 2014 when DBOO alerted the Bank's management on a major fraud (through the Bank's whistle blower policy) that was being perpetrated through one of the Bank's Mumbai Branches," the Organisation said.
The scam, worth about Rs1,500 crore, involving several other banks is now being probed by the Economic Offence Wing (EOW) of Mumbai Police. "There are indications about the involvement of higher level executives of Dhanlaxmi Bank also in the fraud, but as of now one of our junior level officer, a member of DBOO, who just obeyed the instructions from the top management, has been arrested and is in jail for the last two months. One Director of the Bank tendered his resignation in view of the involvement in the fraud," DBOO had said.
In two letters sent to the Reserve Bank of India (RBI), the union had alleged that despite having clear evidence of the active involvement of top officials of the Bank in the high value fraud in Mumbai, perpetrated by Showman group, no action has been initiated against either the Managing Director or the Chief General Manager of the Bank. It said, "This is a mystery to all. Only one Director Sreekanth Reddy resigned. A Scale I officer, who passed the entry in the computer system has been booked and is in jail since past two months. We fear that with the passage of time, evidenced will be destroyed and facts will be distorted. This is our worry and the real culprits will go scot-free."
Moneylife was the first one to report the AIBOC allegations that the bank has manipulated accounts and provisioning, has a mismatch in asset-liability resources, maintains poor capital adequacy ratio and has huge dependence on call money borrowing. It has also accused the bank for ignoring social banking and financial inclusion. (Read: The stink coming from Dhanlaxmi Bank: AIBOC raises serious allegations)
According to DBOO the trend continues. For FY2014-15, Dhanlaxmi Bank reported a net loss of Rs241 crore compared with Rs251.9 crore same period a year ago. "This is in contrast to the first three quarters of profit that the Bank has been showing since 1 April 2014. The sudden plunging into a heavy loss itself is an indication of the accounting adjustments that the Bank has been practicing for long. The very purpose of publishing quarterly results is to ensure transparency of the Bank's working to the public at large. But by projecting a rosy picture for three quarters and then showing negative results only at the end of the year, the Bank is once again proving the accounting adjustments it has been doing to cheat depositors, employees and other stake holders," the Organisation said in its letter to the RBI.
Requesting intervention by the central bank, the DBOO said, "As the scheme of protected disclosure or whistle blowers scheme has the sanctity of Regulator's directive, we strongly feel that it is also the duty of the RBI to give protection to the whistle blowers. This, however, is not happening in Dhanlaxmi Bank. The officers are always at the receiving end whenever a whistle blowing is done. So we appeal to the RBI to kindly intervene and advise the management suitably".
Last year in August, the EOW unearthed a largescale banking fraud worth about Rs1,000 crore related with fixed deposits (FDs) in several banks. According to reports, banks involved in this large scale FD fraud include, Dena Bank, UCO Bank, Syndicate Bank, Bank of Baroda, Vijaya Bank, Dhanlaxmi Bank, Bank of India and Indian Overseas Bank among others. Among the institutions who were victims of the fraud are the Mumbai Metropolitan Regional Development Authority (MMRDA) and South Indian Education Society (SIES) Trust.




1 year ago

what is preventing AIBOC in making public the link related to dismissal in other Banks so that RBI is forced to protect the whistle blower and at the same time corrupt are dismissed

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