Ignoring power thefts led to over Rs2-crore revenue losses: CAG

The CAG has said that the Goa Electricity department has withheld itself from booking people involved in theft cases under Section 135 of the Electricity Act 2003, which attracts imprisonment

Panaji: The Goa Electricity department has been found to be lenient and sympathetic towards people involved in power thefts, due to which the state suffered revenue losses to the tune of Rs2.78 crore, as per the latest CAG (Comptroller and Auditor General of India) report.

The department, in a reply to CAG has said that these power thefts were not "intentional". The CAG has said that the department has withheld itself from booking people involved in theft cases under Section 135 of the Electricity Act 2003, which attracts imprisonment, PTI reports. It has also failed to refer these cases to police department adopting lenient view towards them, the CAG has pointed out. The audit report, which was tabled on the floor of the House yesterday, said that the department's act of ignoring provisions in the Act to deal with the power thefts has left the state with loss of revenue of Rs2.78 crore during the period of 2006-11.

"During the period from April 2006 to March 2011, the meter, relay and testing (MRT) division of the department had detected 453 cases of theft of energy," the CAG has noted. The department recovered energy charges in 141 cases to the tune of Rs67.73 lakh. "These cases were neither reported to the police for further action nor any compounding charges were collected, thereby absolving the persons involved in the theft cases from criminal liability," the report said adding that the department failed to comply with codal provisions which led to this loss of Rs2.78 crore by way of compounding charges.

The CAG has quoted section 135 of the Act as per which consumers will have to be levied compounding charges at the prescribed rates. After CAG's initial queries, the department has told the authorities that the assessment of loss due to non-compounding charges was made but they were yet to be recovered.

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Satyam merges with Tech Mahindra to create $2.4 billion company

The merger ratio is pegged at 8.5:1, which means share holders get 8.5 shares of Mahindra Satyam for each share of Tech Mahindra.

Mumbai: The diversified Mahindra Group announced the amalgamation of its two technology companies, under which Mahindra Satyam will merge with parent Tech Mahindra, creating a $2.4-billion entity that will be the fifth largest software firm in India, reports PTI.

"This merger is a key part of our strategy to deliver industry leading performance and this would make us a company with an annual revenue of $2.4-billion approximately, with more than 75,000 workforce and over 350 active clients across 54 countries," Tech Mahindra vice-chairman and managing director Vineet Nayyar told reporters here.

Nayyar, who is also chairman of Mahindra Satyam, said the merger happens now as the company has achieved all the targets set for itself and it was appropriate to start the merger process as the new company is ready to take off.

The merger ratio is pegged at 8.5:1, which means share holders get 8.5 shares of Mahindra Satyam for each share of Tech Mahindra.

Mr Nayyar said the new entity will be headquartered in Mumbai and the merger will be effective retrospectively from 1 April 2011, while the full integration process will take another nine months. He also said both the companies will have separate AGMs for this fiscal.

Mr Nayyar said the new management structure is not finalised yet as a revamp of the existing management is on the anvil.

To a query on a possible delisting of Satyam shares from the Nasdaq, Mr Nayyar answered in the negative.

Earlier, the companies had informed the exchanges that their boards approved the merger with an exchange ratio of 2:17 ratio. Two shares of Tech Mahindra will be given for 17 shares of Mahindra Satyam, with shareholders getting one share of Tech Mahindra for 8.5 shares of Satyam.

The companies said 20.4 crore equity shares of Rs2 each of Mahindra Satyam will be transferred to a trust of which Tech Mahindra will be the beneficiary.

The companies were advised by JP Morgan, Morgan Stanley and KPMG for the merger process.

Tech Mahindra took over the reins of the scam-hit Satyam Computer Services in April 2009 by picking up 31% stake for $351 million at Rs58 per share, a 23% premium, in a government monitored deal.

The company was rebranded as Mahindra Satyam.

The deal saw the Mahindras edging out existing partner engineering conglomerate Larsen & Toubro, widely seen as a front-runner, and private equity firm WL Ross & Co.

Founder and the then chairman of Satyam B Ramlinga Raju in January 2009 had admitted to multi-crore accounting fraud of around Rs7,000 crore at the beleaguered firm.

For the October-December quarter, Mahindra Satyam reported a stronger-than-expected five-fold jump in net profit to Rs308 crore, helped by a fall in the rupee value. Its consolidated revenue rose to Rs1,718 crore, up 34%.

The total headcount of the company stood at 32,280, a net addition of 188 quarter-on-quarter.

Tech Mahindra, for the same quarter, reported 7.3% spike in net profit to Rs276 crore, backed by gains from its associate firm Mahindra Satyam.

Its revenue rose to Rs1,445 crore, up 19.3%. The increase in the topline was despite a drop of revenue from its largest client BT.

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Public Interest Exclusive
“Say no to UID campaign” gathers 3.57 crore signatures

Despite the Parliamentary Standing Committee on Finance and other civil society groups coming out against the UID scheme, the government is yet to act on the opposition to the scheme from various quarters

Two days before the Union Budget, 2012-13, a truckload of signatures arrived in New Delhi. Collected by the Socialist Unity Centre of India (SUCI), these 3.57 crore signatures were in support of a campaign named “Say no to UID”. Yet, what can possibly be the biggest signature campaign largely went unreported.

On 14th March, a rally led by SUCI met prime minister Manmohan Singh. The truckload of signatures for the petition demanding the scrapping of UID and some other biometric data-collection schemes have been pictured. A delegation, headed by SUCI member Tarun Mandal, also met the prime minister to discuss their demands. Mr Mandal could not be contacted, as he is abroad. Though the SUCI rally was covered by some newspapers, they appeared oblivious to the presence of the truck that carried the 3.57 crore signatures.

Say no to UID, 3.57 crore signatures, PMO, UID, Aadhaar

The “Say no to UID” campaign is being supported by various civil society organisations and citizens groups. Gopal Krishna, spokesperson of Citizens Forum for Civil Liberties (CFCL), New Delhi says, “The petition was submitted to the PM on 14th March. Independent organisations across India are supporting the move. We want the government to scrap the UID Aadhaar scheme immediately.”



A press release dated 16th March, sent out by the consortium of the civil society groups, cites the report on The National Identification Authority of India (NIDAI) Bill, 2010, by the Parliamentary Standing Committee (PSC) on Finance, 2011-12. The PSC report, dated December 2011, had damned the UID scheme, and came down heavily on the Executive for infringing on legislative powers. The press release says, “The Union Budget allocation of Rs14,232 crore for Aadhar-UID demonstrates a contempt of Parliament as it seems to ignore the recommendations of the report of PSC on Finance on the NIDAI Bill, 2010.” The groups have also criticised the National Population Register (NPR), another project that requires biometric enrolments of all citizens.



The PSC report had stated, “Considering the contradictions and ambiguities within the government on its implementation as well as implications, the committee categorically convey their unacceptability of the National Identification Authority of India Bill, 2010, in its present form. The committee would, thus, urge the government to reconsider and review the UID scheme as also the proposals contained in the Bill in all its ramifications and bring forth a fresh legislation before Parliament.”



The PSC had said, “The collection of biometric information and its linkage with personal information without amendment to the Citizenship Act, 1955, as well as the Citizenship (Registration of Citizens and Issue of National Identity Cards) Rules, 2003, appears to be beyond the scope of subordinate legislation, which needs to be examined in detail by Parliament.”

Kamayani Bali Mahabal, eminent social activist and human rights lawyer, said that the increased allocation for UID amounts to a contempt of the Parliament. Col Mathew Thomas, a former defence services officer and missile scientist turned civic activist and Somasekhar VK, founder patron of Coordinated Action of Consumer & Voluntary Organizations of Karnataka have challenged the UID Aadhaar scheme in a representative suit in a civil court in Bangalore. Mr Somasekhar has extensively campaigned against this issue, and he says, “Most of the people after attending our programmes ask us about the procedure to withdraw from the Aadhar registration and many of them are writing to the respective agencies to withdraw and cancel their applications. This will further complicate the process and we have to see how they go about it.” Col Matthew says that mentioning the 3.57 crore signatures against UID will strengthen their case.

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COMMENTS

Sourabh Tiwari

2 months ago

Addhar will be mandatory to all. But our data is in safe hands because Pakistani and Chinese hackers are world famous to hack any thing if they hack the data then they will easily hack our bank accounts mobile numbers OTPS use our mobile for threat . Our all things please will be finish name of unique identification number please government of India make it safe then make its mandatory..

Vijay

6 years ago

Request to moneylife... Can you describe which method, technology you used to prove uniqueness of these 3.5cr people? no ghosts and multiplicates in these 3.5cr? This would help in the progress of science.

mediavigil

6 years ago

Entire population of UK, China, Philippines, Australia were to become part of similar National Identity project but people's protest made them abandon it. UID, NPR, NATGRID and NCTC will be abandoned the way EMERGENCY was lifted abandoned after 19-months about 37 years ago when India was reduced to a tin-pot dictatorship. Emergency inflicted lasting damage on the institutions of our country, it is those very damaged institutions which are being misused to subvert democracy by promoting UID related projects. Media's role in relation to these projects is -when they are asked to bend they choose to crawl due to advertisement revenue and other benefits from the proponents.

REPLY

Prassoon Suryadas

In Reply to mediavigil 6 years ago

Very well said mediavigil. Some people are in fools heaven anticipating a 12digit id can wipe off corruption! Reminds me of one computer scientist who once said, "If you think technology is the solution for your problems, then you do not understand technology and you do not know your problems either". Ignorance of SSN and lack of perception about real world of poor uneducated Indians are making it easy for the globalists to implement their malevolent plans. http://prassoon.wordpress.com/2011/08/07...

Raju Rajagopal

In Reply to mediavigil 6 years ago

It's interesting that the same set of people who often argue that India shouldn't blindly ape the West are quick to use the UK analogy to put down UID -- what about the SSN in the US, which is still the key to public services, even after reforms to reduce its overuse in some areas? I find it ironic that anti-UID activists often evoke the "Big Brother" boogeyman to scare people -- only that for most of India Big Brother is that benevolent and giving government, a very positive connotation indeed. It is time we focused on our unique problems and on how to stem the massive levels of corruption and leakages in our welfare subsidies, and address the millions who're waiting to be recognized by their Big Brother. No amount of hyperbole and Ph.D. theses by anti-UID activists can change these facts on the ground. (BTW, if I were in the UK and saw the government's entriely security-focussed plan for a national ID, I too would have protested -- but India is not UK, is it?)

sunaina mohan

In Reply to Raju Rajagopal 6 years ago

Nobody is blind. India's inefficiency about passports, voter cards , stamp paper should frighten the hell out of you about what they will do with UID. US social security is NON-biometric. They use biometrics only for outsiders. It is also ONLY for citizens. Big difference. And this when they r already efficient. We already have plenty of examples of goof ups in UID. In any case, it is a matter of time before UIDs are used to grant citizenship to foreigners - already they we have specific proof of UIDs permitting changes in name / surnames without an affidavit or a shred of proof.

pragya

6 years ago

More than 20 crore citizens have already said 'YES' to UID...any many more waiting to say 'YES'....all the best to SUCI.

REPLY

sunaina mohan

In Reply to pragya 6 years ago

Ya right. when those who says YES languish behind bars among the 2.75 lakh undertrails in India who dont have the money for a legal defence or bribes -- people like you who are delighted about Nandan Nilekani claims about reaching subsidies to the poor will not be around to defend those miserable humans!

pragya

In Reply to sunaina mohan 6 years ago

Did you say that all those who enroll for UID will be put behind bar? LoL...OK, I have UID and still not behind bar....I am really delighted with what Mr. Nilekani has done so far. I fail to understand your strech of imagination..connection between UID and being a undertrail. Anyway, you have a choice to stay out of UID...

Sastry Tumuluri

6 years ago

The campaign & the petition were certainly not "Say no to UID". It was a generic 8 point agenda with Aadhaar mentioned as a small part of #8. Anyone who read the petition will realize this.

The points are so generic that even a supporter of UID such as me would agree with most of those, leaving us in a bind whether to reject all of them on account of the inclusion of UID in the list. The public who appear to have signed it cannot be expected to do better.

However, it is indeed shameful that MoneyLife as well as civic activists such as Gopal Krishna and Kamayani support this convenient "relabeling" of this petition and claiming victory.

I have been in the eGovernance field since 2000 as an independent consultant and have researched a lot on this subject. My thoughts and some of my friends' thoughts (including Raju Rajagopal who commented below) are given on http://thinkuid.org/SubPage.aspx?Type=Ne...

No amount of name-calling will alter the fact that this report is blatant,y misleading the public on what the campaign really was. Nor will it tarnish our credentials. On the contrary, it will only make more people ignore the supporters of this report - and the unfortunate dismissal of any genuinely deserving objections to the project.

REPLY

Prassoon Suryadas

In Reply to Sastry Tumuluri 6 years ago

UID is the pet project of same old Colonialist/Globalist elites. A plan for technocratic dictatorship to bring entire global population under a New World Order. PDS corruption etc are carrots for the donkeys! The sooner people understand the better. We should not forget that it took 400 years to come out of slavery. Freedom cannot defend itself. Value the freedom that you enjoy now. Do not undermine it.

Raju Rajagopal

6 years ago

This shameful hoax only shows the desperation of anti-UID activists, whose other outlandish claims and distortions (e.g. on the cost of UID and the failure rate of biometrics) have already been nailed. Their un-civil campaigns seem to have made no impression on the Aam Aadmi, who seems to understand the urgent need to rein in fakes and duplicates in our welfare systems and to empower the poor who don't have access to welfare services today.

REPLY

Prassoon Suryadas

In Reply to Raju Rajagopal 6 years ago

This guy, for sure, has not read any of the history books ever! Morons like this will push the entire population to eternal slavery!!!

Krishna

6 years ago

> Dear All,
>
> I was at the Jan Sansad organised by NAPM to brief the gathering about UID related projects where Kamayani called up to inform me about uninformed comments on the article published in moneylife.
>
> Please find below this message the two prompt replies dated March 20 wherein I had written to moneylife in response to a query on March 20. The photographs I had taken was from my mobile on March 14 was sent too. Although it does not matter to me but a photo credit in the story may have added to its genuineness. I say so because I work on hazardous industries and am an applicant in the Supreme Court where such pictures have worked provided it is credited.
>
> Please find attached more clearer pictures of the 3.57 signatures collected by SUCI (Communist) at PMO and the truck carrying it which I received today. If photo credit is given to SUCI, it will appear genuine.
>
> As to the truthfulness of 3.57 crore signatures. There were at least four parties involved. First was SUCI, the second was PMO which received the signatures and the third was an eyewitness that is me and fourth was media. Now may I say that media people have a habit of jumping at conclusions. I submit that their inferences must be taken with more than a pinch of salt.
>
> Out of these four parties, money life contacted one party i.e. me and attempted to contact the second party, MP from SUCI party who I was told was out of the country. The third party, the PMO was never contacted. The fourth party media was never examined to cross-check facts as to whether or not the said SUCI event happened or not. Besides this SUCI has a website too-http://www.suci-c.in/download2012/pe01152012.pdf. If you see page 8 of the pdf document, you will find pictures of signature campaign across the country.
>
> I am not a member of SUCI but they who do not know about its history may check: http://en.wikipedia.org/wiki/Socialist_U...
> I got their support in a successful environmental campaign in Bihar.
>
> The signatures were put on a memorandum with 8 demands including scrapping of UID/Aadhaar. This was included after elaborate briefing to SUCI leadership. We have briefed MPs of almost all non-Congress parties including BJP, CPIM etc.
>
> When I saw 1 lakh crowd on the Parliament Street along with these signatures, I knew media in general would boycott it. Therefore, I wrote two pieces mentioning it.
http://www.rediff.com/news/column/budget...

http://www.rediff.com/news/column/long-l...
>
> Next day The Hindu covered it but chose not to mention 3.57 signatures and huge gathering but the picture it published did indicate the presence of the people. I was told that even Hindi news paper of HT group, Hindustan covered it in its own way.
>
> As far as I am concerned I am not an NGO and in several of my articles (available on web) I have referred to most of them as fifth columnists. Media is addicted to referring every citizen group as NGO. Media forgot to report how budgetary allocation for Aadhaar was an act of contempt towards Parliament and an act of gross impropriety.
>
> I don't wish to use adjectives because we need allies for our campaign. I must say the title of the story “Say no to UID campaign” gathers 3.57 crore signatures sends a strong message that serves the purpose of the campaign, which is genuinely appreciated.
>
> thanks
> Gopal Krishna
>
> P.S: I write on environmental and occupational health in particular and public policy issues in general in English and Hindi. You will agree that one cannot say a word in such matters without reference. I have remained habitually reference based in my communications, even after I joined the No to UID Campaign. I welcome colleagues to seek references from me on whatever I have written on UID related issues. I don't know Dr Kelekar but I would be happy to make an attempt clear his doubts with references. If there are factual errors, as always I stand corrected.

sanjeev tiwari

6 years ago

i am not interested in knowing the names of people who are against UID. i am interested in knowing what their ojection is. if implemented properly UID is the best thing that could have happened to us. what with all the leakages under PDS, MNEGRA etc. this could plug lot of them.

sanjeev

REPLY

Prassoon Suryadas

In Reply to sanjeev tiwari 6 years ago

Search google for "Practical Risks of UID/Aadhaar project" and learn more.

Yogesh

In Reply to sanjeev tiwari 6 years ago

Dear Sanjeev,
The objection is for the 'leakages in the UID' itself. Also note that the issues in PDS and MNREGA are not because of identification but because of corruption. For example, the muster clerk in MNREGA takes money to put your name on the muster. Now, even if you pay that poor person through UID assisted mechanism, he will still have to shell out money to the system of clerks. Same applies to PDS as well. In PDS the issue is not of identification but proper supply and distribution. How, an ID number (yes, UID is not card but just a number) will help solve, god or Nandan only knows. In the meanwhile we, the taxpayers will continue to spend our money on this unsustainable scheme.

Ram Das

6 years ago

This is not factually correct. SUCI has no national presence. All internet based "no to UID" campaign" have failed -- attracting no more than a few hundred signatures. When will reporters do fact checking prior to reporting?

REPLY

Prassoon Suryadas

In Reply to Ram Das 6 years ago

Ram Das, do not be suspicious about SUCI. I was a proud participant of their National Highway picketing (Kerala) way back in early 90s. This is first hand testimony. What more do you need? If you are still in doubt, you can check records of Kalamasserry police station, they should have records of my arrest. If you are still in doubt, consult a psychiatrist.

Praveen Singh

In Reply to Ram Das 6 years ago

Do you mean, the reporter should have gone and verified each and every signature manually? WOW.... never thought these journos are expected to do labour work as well..... Anyway, its still not late, why don't you do it and tell us the exact figure?

Ram Das

In Reply to Praveen Singh 6 years ago

Fact checking means checking with the organizer about how the signature campaign was conducted and if this was real. All say no to UID campaign on internet have yielded less than 500 signatures. Simple checking on how the campaign was conducted would have revealed that this is a hoax. Would not take more than 30 minutes.

Kamayani

In Reply to Ram Das 6 years ago

The signatures have been collected online and offline both alongwith with SUCI, there is an scknowledgement receipt from the PMO's office, which will be scanned and shared shortly, we ins ay no to uid campaign,are people from variosu walks of life withcredentials, and if we FAKE the figures its our loss, our campaign;s loss, and anyway we are not hot favorite campaign either, such a lie will have backlash on our campaign which we have built over a long time with great efforts

Rohan

6 years ago

Thanks for protecting my privacy :)

a v moorthi besides TIHAR

6 years ago

there cannot be howler than SUCI's claim 3.57 crores have signed for "say no to UID" SUCI does not enjoy public support in not more than one constituemcy in Bengal. Common sense tells it takes months to collect this umber of signature, even cadre based parties like CPM has never been able to collect this number of signatures

REPLY

Tihar Jailer

In Reply to a v moorthi besides TIHAR 6 years ago

Boss, when an MP elected from just one constituency can become a PM and run the country why can't SUCI collect signs from people outside their constituency? (BTW: neither the PM nor Nilekani are elected by people, hope you understand ;-) )

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