Nation
Jayalalithaa writes off farm loans, orders free power
Soon after assuming office for the sixth time, Tamil Nadu Chief Minister J. Jayalalithaa on Monday signed orders writing off farm loans, and free power for first 100 units for domestic consumers and 750 units for handloom weavers -- to fulfill her poll promises.
 
Orders were also issued to reduce the working time of government owned liquor shops, and to give away eight gram of gold in marriages of poor girls.
 
In a statement here, the government said Jayalalithaa signed the orders to waive off the farm loans, medium- and long-term loans from cooperative banks.
 
The financial impact for the government will be Rs.5,780 crore, the statement said.
 
She also signed the orders to offer free power to domestic users up to first 100 units.
 
The government would provide an additional subsidy of Rs.1,607 crore to the power utility per year for this.
 
Jayalalithaa also passed orders to provide eight gram gold -- earlier four gram gold -- to poor girls on their marriage.
 
The ruling AIADMK also promised phased implementation of liquor prohibition in the state.
 
Liquor is retailed in Tamil Nadu by a state government undertaking popularly known as Tasmac outlet.
 
Jayalalithaa passed orders to close down 500 liquor outlets in the state and curtail the working hours of these outlets.
 
According to new order, liquor shops will be open between 12 noon and 10 p.m. Earlier, these shops functioned between 10 a.m. and 10 p.m.
 
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.

 

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COMMENTS

B. Yerram Raju

9 months ago

How nice it would have been for her if she had mentioned where from she is going to meet such largess. Tamilnadu's growing middle class for sure will be in the muddle for the next five years.

Surge in female contestants, not MLAs
Female contestants increased across the four states that went to polls recently - but not legislators - and three times as many women contested in Kerala compared to the 2011 elections, according to an IndiaSpend analysis of electoral data.
 
Two of the four states had incumbent women chief ministers - West Bengal’s Mamata Banerjee and Tamil Nadu’s J Jayalalithaa - and they registered consecutive victories for their parties.
 
Increase in women candidates, not MLAs
 
While both the incumbent CMs won, there was no significant increase in the number of female members of legislative assembly (MLAs) elected to the four state assemblies.
 
Kerala, the state with the best indicators of gender development, saw almost three times as many women contestants during the recent elections as it did in the 2011 elections. However, only eight of 105 contestants (7.6%) won.
 
A third (33) of female candidates contested as independents in Kerala.
 
West Bengal’s new assembly has six more women MLAs as compared to 2011. Assam’s women MLAs dropped to eight from 14.
 
The number of women MLAs increased by one in both Kerala and Tamil Nadu.
 
Do women leaders give more tickets to women candidates?
 
The highest proportion of tickets was given to women by Jayalalithaa in Tamil Nadu over the past five elections, except in 2011, when more women were given tickets by the rival Dravida Munnetra Kazhagam (DMK), according to data collated by Gender In Politics, a web-based project that tracks women in politics, using data from the Election Commission.
 
Mamata Banerjee’s Trinamool Congress gave 15% of its tickets to female candidates in 2016, up from 14% in 2011.
 
The Communist Party of India (Marxist), the longest-serving ruling party in West Bengal, was always ahead of other parties in the state in selecting female candidates.
 
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.

 

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BSE appoints ex-SC Judge Vikramjit Sen and ex-expenditure secretary Sumit Bose as directors
The BSE, India's oldest stock exchange, has appointed two members, including Supreme Court's former Justice Vikramjit Sen and former secretary for expenditure Sumit Bose on its Board. In a statement, the bourse said, it has received approval from market regulator SEBI for these appointments as public interest director effective from 19 May 2016.
 
Justice (rtd) Sen is a retired judge of the Supreme Court. He has practiced in all the courts in Delhi, although primarily in the High Court of Delhi.  He has experience in handling civil, arbitration and commercial disputes.  He maintained a special interest and consultancy on minority rights.
 
Bose is a 1976 batch officer from the Indian Administrative Services (IAS) and had served as a Secretary in various departments of the MP state government. He served as a Secretary for Expenditure for the Government of India from May 2011 to August 2012. He is currently on the Fiscal responsibility and Budget Management (FRBM) Committee recently formed by the central government.
 
"These prestigious and independent appointments will further strengthen and enhance the expertise of the BSE Board," the bourse said in the release.
 

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