Loksatta Party too expels 3 leaders

Following the footsteps of AAP, the Dr Jayaprakash Narayan-led party expelled three for damaging reputation and credibility of Loksatta Party


Loksatta Party of Dr Jayaprakash Narayan also appears to follow footprints of new age idealistic parties like Aam Admi Party, especially in expelling own members. Loksatta Party, in a release said, it expelled DVVS Varma, Karati Srinivasa Rao and Siva Ramakrishna Karuturi for damaging the reputation and credibility of the party.
The Party says it expelled the three for "damage to the reputation and credibility of the party by repeatedly addressing both the electronic and print media on party internal matters, maligning leaders including Dr Jayaprakash Narayan, and for indulging to declare themselves as a separate entity." 
Loksatta Party's National President Surendra Srivastava, National Vice-President Dr Ashwin Mahesh and National General Secretary Hyma Potineni also informed the members of the public and press not to honour any statements related with the Party from the three expelled members.
Just few days ago, Arvind Kejriwal-led AAP also removed its leaders Yogendra Yadav and Prashant Bhushan from the party's National Executive. Both the leaders were allegedly trying to defeat AAP in Delhi elections.


Goa mines' green clearance to be restored: Javadekar

Javadekar said the Goa government will now have to decide on ore extraction limits for individuals mines in the state, so that extraction does not exceed the cap of 20 million tonnes


In a major development which could bring cheer to Goa's multi-crore-rupee mining sector, Environment and Forests Minister Prakash Javadekar on Tuesday said his ministry has decided to revoke its 2012 order that held in abeyance environment clearances granted to all mining leases operating then in Goa.
Speaking to reporters at Parliament House, Javadekar said the Goa government will now have to decide on ore extraction limits for individuals mine in the state, so that extraction does not exceed the cap of 20 million tonnes set by the Supreme Court for all mining output generated in the state.
"We have decided to lift the abeyance of mines in Goa by following all Supreme Court directives. The ministry, in an earlier decision in the wake of the MB Shah Commission report, had suspended all mining. That had created unemployment and created a loss of income to the country," he said.
Incidentally, a committee formed to examine the environmental impact assessment (EIA) reports for individual mining leases, which was the basis on which environment clearances were granted, said in a study that nearly all the EIAs were bogus and did not reflect a lot of flora, fauna and natural resources present on the ground.
Javadekar's announcement came on the eve of zila panchayat elections in Goa. Sustained mining closure has been one of the major poll issues.
In September 2012, then environment minister Jayanthi Natarajan during a visit to Goa suspended environment clearances granted to 93 mining leases at the time.
Her decision came only days after then chief minister Manohar Parrrikar had already temporarily suspended mining operations following the revelation of a Rs35,000-crore mining scam by the Justice MB Shah Commission.
Goa's mining sector has been non-operational for more than two years because of the three successive actions, which include temporary suspension of mining permission by the then Parrikar-state government, a revocation of green clearances by the Natarajan-led union ministry, and then a subsequent ban by the Supreme Court following the mammoth mining scam.
While the state government lifted the temporary suspension last year, and the Supreme Court revoked the ban in April 2014, the ministry's decision now clears the last technical hurdle in resumption of mining.
According to Defence Minister and former Goa chief minister Parrikar, who was also present during the brief interaction with Javadekar, it was now up to the mining industry players to ensure resumption of mining at the earliest.
"Now it is up to the mining industry to get the required air and water pollution permissions and start," Parrikar said.
Javdekar added: "We have cleared the last hurdle for resumption of mining. It is up to the (mining) industry now."


SEBI to take action against companies with no woman director
With just a fortnight left to meet the deadline, SEBI has written to more than 160 among the top 500 listed companies to ensure compliance
Market regulator Securities Exchange Board of India (SEBI) will take 'necessary' action against listed companies, which fail to appoint at least one woman director on their Boards by the end of this month.
Jayant Sinha, minister of state for finance, informed the Rajya Sabha in a written reply that "SEBI will take necessary action when the compliance position by companies is known after 31 March 2015".
The market regulator had issued guidelines in February last year asking companies to appoint at least one woman director on their boards by 1 October 2014 which was later relaxed to 1 April 2015.
According to an estimate, nearly one-third of the top-500 listed companies do not have any female representation on their respective Boards.
With just a fortnight left to meet the deadline, SEBI has written to more than 160 such companies to ensure compliance.
After SEBI's direction in February last year, many companies had stepped up efforts to have women directors on their Boards and nearly 500 female members were nominated to the Boards till December 2014, although many of them happen to be family members of the promoters.
Still, a large number of companies are yet to comply.
The norms were finalised by the regulator after detailed discussions were held between SEBI and concerned stakeholders for over a year and involve stronger regulations for listed companies than those prescribed under the Companies Act for non-listed entities.
These include clarifications on rules relating to the appointment and qualification of directors as well as independent directors, matters relating to related party transactions, and rules governing meetings of Board and its powers.



R Balakrishnan

2 years ago

lol And who will take action against SEBI? Jayant Sinha, those who live in glass houses, shouldn't.

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