Right to Information
Is This Slum Rehabilitation or Retired Officials’ Rehabilitation?
The Slum Rehabilitation Authority (SRA) was created to rehabilitate slum-dwellers in Mumbai and make the city slum-free. However, almost 80% of the officers and staff at SRA are non-governmental and work on contract basis, reveals a reply received under the Right to Information (RTI) Act.
 
The reply received by RTI activist Anil Galgali shows that out of the 403 officers and staff at SRA, almost 80% are working on contract. This includes those re-appointed after retirement from government service. "These external staff do not have any responsibility affixed on them thereby turning the SRA into Developer's Rehabilitation Authority, the latest being role played by SRA's Chief Executive Officer, who cleared hundreds of files just before his retirement," Galgali said.
 
As per the roster approved for Mumbai SRA, there are 99 posts, of which 65 have been filled up and 34 are vacant. Of the 34 vacant posts, one post each is of legal advisor and under-secretary, five posts of nayab tahsildar, and 18 of sub-engineer. There are 73 officers working in SRA on deputation. Apart from these, SRA hired the services of 75 clerks and 38 peons through Eagle Security and Personal Services. The SRA has appointed 98 clerks and peons on contract as well. 
 
Fifty four retired officers have been reinstated in SRA. This includes three Chief Legal Advisors, one Chief Coordinator, one Deputy Collector, nine Nayab Tahsildars, one Public Relations Officer, one Complaints Redressal Officer, two Collector's Land officers, two Deputy Auditors, and 13 Surveyors, the RTI reply shows.
 
Galgali, in a letter to Maharashtra Chief Minister Devendra Fadnavis has demanded that the government give preference to staff and officers appointed through its own services, rather than appointing retired officers and staff on contract. Also the CEO and senior officials of the SRA should be made accountable for the slow progress of projects under SRA, the RTI activist demanded.

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COMMENTS

GLN Prasad

2 weeks ago

As a citizen I am only concerned with getting my job done, who does it, and how they does it not my issue. If only Govt. can deliver the services properly within time , I am happy and I do not have any grievance on the way they function.

Nifty, Sensex may move sideways – Tuesday closing report

The major indices of the Indian stock markets were range-bound on Tuesday and closed with minor gains over Monday’s close. The trends of the major indices in the course of Tuesday’s trading are given in the table below:

Positive global cues and buying in automobile, capital goods and IT (information technology) stocks pushed the Indian equity markets to fresh highs during the mid-afternoon trade session on Tuesday. Equity benchmarks extended Monday's gain and is trading positive due to global market. Sugar stocks made gains on the back of government's decision to increase import duty in sugar, pointed out market analysts. State Bank of India shares gained more than 1% intraday after the central board of directors approved dilution of bank's stake in its life insurance subsidiary.
 
Lending major IndusInd Bank on Tuesday reported a rise of 26% in its net profit for the first quarter (Q1) of 2017-18. According to the lending major, its net profit during the quarter under review rose to Rs836.55 crore from Rs661.38 crore reported for the corresponding period of last fiscal. "The quarter saw the momentum of the economy gradually picking up as the process of remonetisation moved towards completion," Romesh Sobti, MD and CEO, IndusInd Bank was quoted as saying in a statement. "With consumption activity slowly picking up, there is a sustained rise in credit uptake. Against the challenging environment, the bank has shown consistent performance, riding on the positive sentiment in the economy." Beside, IndusInd Bank reported that its net interest income (NII) for Q1 augmented by 31% to Rs1,774.06 crore from Rs1,356.42 crore in the corresponding quarter of the previous year. The bank’s shares closed at Rs1,559.25, down 0.04% on the BSE.
 
At a time when layoffs in the IT industry are dominating headlines, US-based IT solutions company Advanced Technology Consulting Service (ATCS) has announced it is expanding its operations in India by recruiting new staff and setting up its first Innovation Lab (I-Lab) in Jaipur. Apart from Jaipur, ATCS has also opened a new office in Bengaluru. "The I-Lab not only serves as a functional space for approaching ideas and concepts in an alternative setting but also embeds a spirit in our team that ATCS is expected to think differently, creating solutions beyond one's peripheral views," said Jason Castellani, partner at ATCS, in a statement on Tuesday. New Jersey-based ATCS also has offices in China, Germany and Canada. It provides strategic guidance to and implements software solutions for several Fortune 500 companies. "As an agile, innovative company, we give immense importance to solution creation for our customers. Now we have developed a space for our staff, which can stimulate creative thinking among them," said Manish Krishnan, Global CEO, ATCS. According to the company, the I-Lab would soon put Jaipur at par with IT hubs of the country and serve as a functional space for approaching ideas and concepts in an alternative setting. "For our customers, innovation is a big drive. Having such a lab in our India office helps us in delivering more inventive ideas to our clients," Krishnan added. S & P BSE Information Technology Index closed at 10,163.74, up 0.91% on the BSE.
 
Explaining the objective of the proposed merger between the financial services majors Shriram Group and IDFC Group, Shriram Group Chairman Ajay Piramal on Monday said both the organisations have lot of complementarities. Two groups had already announced that the boards of Shriram Group and IDFC entered into an exclusivity arrangement for 90 days to jointly explore the possibility of merger. "If you look at it, both the organisations have lot of complementarities in what they are doing. Shriram Group is strongly present in retail segment while IDFC is strong as far as the wholesale is concerned. Both the groups want to deliver to the customer something which was not done before," Piramal told BTVi in an interview. He said the Group is serving millions of customers who till now had not been any banking experience while the products and the services which IDFC brings in to that will be unique.  Asked on the rationale for keeping Shriram Transport out of the proposed merger, IDFC Bank's MD and CEO Rajiv Lall told BTVi: "The relative sizes of the Shriram Transport and the bank are such that combining the two at once would have created difficult challenges, both regulatory and financial point of view." According to Lall, Shriram Transport will operate as an independent NBFC. IDFC shares closed at Rs56.00, down 0.88% on the BSE and Shriram Transport Finance shares closed at Rs1,014.30, down 3.80% on the BSE.
 
US stocks closed mixed as investors got ready for the latest earning season. The Dow Jones Industrial Average on Monday lost 5.82 points, or 0.03%, to 21,408.52. The S&P 500 gained 2.25 points, or 0.09%, to 2,427.43. The Nasdaq Composite Index increased 23.31 points, or 0.38%, to 6,176.39. Performance of large banks will come into the spotlight later this week as JPMorgan Chase, Citigroup and Wells Fargo are set to report their earnings. Meanwhile, Wall Street is also waiting for earning reports from large-cap technology companies. There are no major economic data due Monday. Major inflationary and retail sales data will due out by the end of this week. In addition, Federal Reserve Chair Janet Yellen will give her semi-annual monetary policy testimony before the House Financial Services Committee on Wednesday and Thursday. Last Friday, US stocks rallied as Wall Street cheered over the country's much-better-than-expected jobs report for June.
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 

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Jio doubles validity period, data for Prime prepaid subscribers
Continuing to de-stabilise the telecom market, Reliance Jio has extended the validity period on its prepaid offers for Prime subscribers. The offer will be called 'Jio Dhan Dhana Dhan' and subscribers will get additional days for validity on the offer.
 
For example, subscribers who recharge for Rs309 and Rs349 will get validity of 56 days as against existing 28 days. Similarly, subscribers who use Rs399 recharge will get validity of 84 days, which is three times the existing 28 days.
 
In addition, Jio has also doubled its data offer for all schemes ranging from Rs309 to Rs9999. However, the maximum benefit is offered to subscribers who recharge with a voucher of Rs309, Rs399 and Rs509.
 
 
In a release, Jio says, “The new set of plan benefits will be available from 11th July and will be applicable for all new as well as existing subscribers. As part of these unlimited benefit, customers can enjoy 1GB Data per day at 4G speed followed by unlimited at 128 kbps, unlimited local, STD and national roaming voice calls and unlimited national SMS.” 
 
“Over and above the Prime exclusive plans, Jio is introducing new Every Day More Value (EDMV) plans. These plans provide 20% more value than competitors’ best plans. It’s Jio’s solemn promise to always offer better value for the best price,” it added.

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COMMENTS

Brian Fernandes

2 weeks ago

It is incorrect to say that Jio has increased validity / data. Prime members paid Rs.303 for 3months or 84days (Do not consider that Rs.303 was suppose to be for 28days as that never happened and it was always for 84days). However, now for getting the same 84days we need to pay Rs.399. Hence, clear that we need to pay approx. 30% more for the same data and not as the article's title claims.

VIVEK SHAH

2 weeks ago

With every subsidised offer the 4G speeds deteriorate. They have to improve the user experience else they'll get frustrated.

Sunil Rebello

2 weeks ago

All Amm Admi should make Hay while the Sun shines.
I remember the days in 1976 -77 where a minute talk time was costlier than a gram of gold in the Gulf.
and now it is all free thanks to technology, which is a great class leveler.

Niranjan Sarkar

2 weeks ago

Classic example of brute force of money of an individual, set to destroy the incumbents. Whether it does a Kingfisher to Indian Telecom industry is to be seen. Hope not!

REPLY

Komal Shah

In Reply to Niranjan Sarkar 2 weeks ago

Atleast it has helped the local people from paying foreign companies in abundance.. atleast our own Indian company will earn and that too at a much least price than last year.

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