Right to Information
How to make the government work for you using RTI and RSA
Use of the Rights to Services Act with RTI Act can help you move your files faster, Shailesh Gandhi told a packed audience at Moneylife Foundation
 
While the Right To Information Act (RTI) 2005 is well-known, there is another hardly-known tool available in Maharashtra called “Government Servants Regulation of Transfers and Prevention of Delay in Discharge of Official Duties Act, 2006” popularly also known as  Right to Service Act or Transfers and Delays Act (RS Act). In order to bring this Act to light, Moneylife foundation held a seminar “Make the Government Work for you” on 23 May 2014 with Shailesh Gandhi, former Central Information Commissioner (CIC). 
 
Mr Gandhi started the seminar by giving a brief about the foundation of the RS Act as a result of Anna Hazare's demands, which led to the first ordinance being issued in 2003. The Act was passed in 2006 and the relevant rules came into existence in November 2013. 
 
He went on to explain the important sections of the RS Act. One of the main harrasements faced by the common people is when arbitrary transfers and postings of government officials take place. In order to make the transfer policy transparent, section 4 of the RS Act specifies that, “The tenure of Government servants will be three years and transfers will normally be made only in April and May of each year .If an officer has to be transferred for special reasons in less than his tenure reasons have to be recorded in writing.” 
 
“Citizens Charter” forms the soul of this act which according to Section 2 (a) means, “List of facilities or services rendered by the office or Department, together with the time limit for providing such facility or services to the general public.” This needs to be published by the every government department as this would create awareness amongst the general public as well as ensure the civil officers adhere to their deadline. 
 
Government offices and the inexplicable delay by officials is addressed too by this act saving the common man of this misery as section 9 and 10 of the Act deal with the time specifications and strict action against any delay by the officers. 
 
Certain cases in which the RS Act would'nt apply are listed under Section 11 which include sub-judice matters, policy decisions, cases related to state and central government, legislation etc. 
 
Mr Gandhi ended the seminar by explaining the manner in which the RS Act has to be used and its simple application. He emphasised the use of the RS Act with RTI to bring about a change which will rule out  red-tape and harassment of common man. He further said, “If you want the government to work for you, you will have to act.” It is our responsiblity enforce government accountablity by making use of these acts. 

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Sensex, Nifty move higher on rumours: Friday closing report
The overbought rally continues with expected reforms 
 
Indian market on Friday opened well in the positive and started trending higher. At around 1.00pm, the indices traded close to the intra-day low, but managed to make a quick recovery and hit the day’s high at the end of the session. The current uptrend developed strength from reports that the finance ministry is working on a proposal to cut the fiscal deficit to 3.8% to 3.9% of GDP for the year ending 31 March 2015.
 
The BSE 30-share Sensex opened at 24,535 while the NSE 50-share Nifty opened at 7,307. Sensex moved in the range of 24,471 and 24,746 and closed at 24,693 (up 319 points or 1.31%) while Nifty moved between 7,294 and 7,381 and closed 7,367 (up 91 points or 1.25%). The gain on the NSE was on a lower volume of 177.46 crore shares. India VIX fell 0.73% to close at 17.7050.
 
Except for FMCG (0.32%) and Media (0.31%) all the other indices on the NSE closed in the green. The top five gainers were PSU Bank (8.12%), Nifty Midcap 50 (3.28%), Infra (3.06%), PSE (2.89%) and Energy (2.80%).
 
Of the 50 stocks on the Nifty, 35 ended in the green. The top five gainers were State Bank of India (10.28%), Tata Power (6.99%), Jindal Steel (6.39%), IDFC (5.70%) and Maruti (5.53%). The top five losers were Kotak Bank (1.58%), HDFC Bank (1.57%), Hindalco (1.48%), ITC (1.39%) and Infosys (1.38%).
 
Of the 1,598 companies on the NSE, 1,113 companies closed in the green, 444 companies closed in the red while 41 companies closed flat.
 
State Bank of India posted weak quarterly results today. Yet, it came as the top gainer (9.69%) in the Sensex 30 pack on improvement in the lender's asset quality. 
 
HDFC Bank had approached the government to raise the cap on foreign institutional investment in the bank to 67.55% from 49% but, according to reports, the government has turned down the proposal. This implies that foreign investors will not be able to invest further in HDFC Bank. The bank was among the top two losers (fell 1.63%) in the Sensex 30 stock.
 
Ashok Leyland posted superb growth in the quarterly net profit inspite of registering a fall in the net sales. The annual result was weak. The stock was the top gainer (13.67%) in the ‘A’ group on the BSE.
 
A day after RBI eased the gold import rules when the stocks of the line rose. Today one such player, Gitanjali Gems, was the top loser (4.69%) in the ‘A’ group on the BSE.
US indices closed in the positive on Thursday. New applications for unemployment benefits rose sharply in mid-May, reversing a big drop earlier in the month that put initial claims at a seven-year low. Sales of existing homes rose 1.3% in April to a seasonally adjusted annual rate of 4.65 million, the National Association of Realtors reported Thursday.
 
The Markit Economics preliminary index of US manufacturing increased to 56.2 in May from 55.4 a month earlier as output accelerated, the London-based group said on Thursday.
 
Except for KLSE Composite (0.31%) all the other Asian indices closed in the positive. Nikkei 225 (0.87%) was the top gainer.
 
European indices were showing mixed performance while US Futures were trading marginally higher.
 

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Kochadaiiyaan: Rejoice for Rajinikanth fans
India's first motion capture photo-realistic 3D animation opened to full houses across south India. Kochadaiiyaan is recieving mixed, mostly positive, reviews from audience around the world
 
 
Kochadaiyan, which marked the directorial debut of Rajinikanth's daughter Soundarya Rajinikanth finally hit the screens Friday after delays due to financial and technical reasons. With a record launch in a record 4000 screens - 450 in Tamil Nadu, 300 in Karnataka and Kerala, 700 in Andhra Pradesh, around 2,000 screens in North India and 700 screens in US and Europe - analysts expect it to earn more than Rs30 crore in the first day box office collection. 
 
Film trade analyst Taran Adarsh, in a tweet, said, “Expect new records to be set (for Kochadaiiyaan)”.
 
According to a report from Filmfare, the Rajnikanth Starrer Kochadaiyaan has opened with 90% occupancy in South. “Kochadaiiyaan broke all records in Tamil Nadu which makes it the biggest Rajinikanth opener. Trade pundits are predicting 100 crore haul just in Tamil Nadu. Overseas too the film is creating waves, its a huge hit in the UAE and it's also receiving a good response in USA, Malaysia and Singapore as well,” the report says. 
 
The actors received accolades for their performance while AR Rahman's background score and Ravikumar's script are also being praised by the audience. The audience, both Indian and overseas were impressed with the movie and took to twitter to express their appreciation. Here are some of the tweets.
 
The Rajinikanth-Deepika Padukone starrer is shot with motion capture in 3D and is India's first performance capture photorealistic project. It is a joint venture project between Eros International and Media One Global Ltd and looking at the advance bookings trade analysts expect it to get the biggest opening of 2014.
 
It took Soundarya two years and over 200 technicians in India and abroad to make this film which is compared to Hollywood movies like Avatar and Tin Tin which are made using the same technology.  While Kochadaiyaan is made with a budget of Rs125 crore, Avatar was made with Rs3,000 crore budget and completed in five years and Tin Tin cost about Rs4,000 crore and five years to be completed.
 
 

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