Citizens' Issues
HC asks pollution board to cut off power of errant electroplating units

The HC asked Maharashtra Pollution Control Board to cut electric supply of electroplating units which flout pollution norms  


Mumbai: In a crackdown on errant electroplating units, the Bombay High Court has directed officials of the Maharashtra Pollution Control Board (MPCB) and electric supply companies to visit the respective units which flout pollution norms and disconnect power supply, reports PTI.
 
"It goes without saying that once the electricity supply is disconnected, same cannot be restored without specific order of the authorised officer of the MPCB, in writing, to the concerned electricity company," observed Chief Justice Mohit Shah and Justice Nitin Jamdar in a recent order.
 
Hearing a petition filed by Solomon Mordecai, the court had earlier allowed electric supply companies such as Tata Power, Reliance Energy and BEST to be joined as party respondents to ensure that the closure notices issued by MPCB are complied with by discontinuing power supply to such errant electroplating units.
 
Assistant government pleader JJ Saluja submitted that the representations made so far by the Association of electroplating units were for regularisation in the present site and not for relocating to an alternate place.
 
Counsel for the association said it would make another representation with a request for allotment of land for relocating the defaulting electroplating units.
 
The court, however, said such a representation be made within two weeks.

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COMMENTS

Rajkumar Singh

4 years ago

Instead of the court asking the pollution board to cut the electric supply to errant electroplating units, why did the court not issue an order or direct the power supplier to cut it?

Because, they want to remain in their business and play with the sentiments and sufferings of the affected people, and keep piling up the cases for unending process?

Rajkumar Singh

4 years ago

Instead of the court asking the pollution board to cut the electric supply to errant electroplating units, why did the court not issue an order or direct the power supplier to cut it?

Because, they want to remain in their business and play with the sentiments and sufferings of the affected people, and keep piling up the cases for unending process?

India staff of HSBC under scanner in the US probe

Deficiencies were found in the quality of the work done by HSBC's 'offshore reviewers in India', who were used for clearing a major backlog of suspected transaction alerts at the bank


Washington: HSBC's staff in India have come under the scanner for deficiencies in their role as 'offshore reviewers' of the global banking giant's compliance to safety mechanism against money laundering and terrorist financing, reports PTI.
 
A probe by the US Senate's Permanent Subcommittee on Investigations found that HSBC's Anti-Money Laundering (AML) Compliance Department, which included employees in India, was highly inadequately staffed.
 
Besides, deficiencies were found in the quality of the work done by HSBC's 'offshore reviewers in India', who were used for clearing a major backlog of suspected transaction alerts at the bank.
 
More than one-third of the alerts already resolved by the Indian reviewers and others 'had to be re-done' after an independent assessment by the OCC (the US Office of the Comptroller of the Currency, which is the bank's primary federal regulator in the country).
 
The probe further found that an OCC visit to India in 2007 had revealed "Weak Monitoring Procedures" in the bank's internal control systems.
 
At a hearing before the Senate Subcommittee on the matter here yesterday, HSBC apologised for its mistakes and gave its "absolute commitment" to fix the problems.
 
The 340-page investigation report, which was released yesterday, found HSBC to have used its US bank (HSBC US Bank or HBUS) as a gateway into the US financial system to provide US dollar services to clients while "playing fast and loose with US banking rules," Senator Carl Levin, the Chairman of the subcommittee, said.

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Retail inflation marginally down at 10.02% in June

Certain food items like vegetables turned costlier by 27.6%, followed by edible oils (16.58%) and milk products (12.75%) in June on annual basis


New Delhi: Retail inflation in India declined marginally to 10.02% in June mainly due to lower prices of sugar and non-alcoholic beverages, reports PTI.
 
Retail inflation, based on Consumer Price Index (CPI), was at 10.36% in May.
 
"Decline in retail inflation for urban areas in June 2012 as compared to May 2012 is attributed to higher base of the Housing Group index," Minister of State (Independent charge) for Statistics and Programme Implementation Srikant Kumar Jena said.
 
Provisional annual inflation of June 2012 for rural, urban and combined in respect of 'food and beverages' are 10.41%, 11.52% and 10.71% respectively, he said.
 
However certain food items like vegetables turned costlier by 27.6%, followed by edible oils (16.58%) and milk products (12.75%) in June on annual basis.
 
Prices of egg, fish and meat shot up by 11.65%, while pulses became costlier by 9.34%.
 
The decline in CPI along with wholesale price index (WPI) based inflation has raised some hope of rate cut by the Reserve Bank of India later this month to promote growth.
 
For June, WPI-based inflation dropped to 7.25% from 7.55% with easing prices of manufactured goods.
 
However experts said CPI numbers are still at elevated levels. They are in double digits which will dissuade RBI from cutting interest rate in policy review on July 31, they said.

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