ML sectoral trends

Shares of steel companies advanced 3%, while shares of non-ferrous metals companies and real estate companies rose 2% each. Shares of oil & gas services companies ended flat. Stocks of office equipment companies declined 8%, while stocks of auto components companies fell 6%.

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Rural Inflation

Combined inflation for urban and rural areas fell to 3.78% in July 2015, from 5.40% in June, due to a high base effect. Inflation in rural areas fell to 4.44% in July from 6.07% in June. Food inflation in rural areas fell to 3.49% in July from 5.94% in June. In rural areas, prices of vegetables declined by 6.06% year-on-year, in July. Inflation related to fuel & power fell marginally to 6.59% from 7.17% in June. Inflation for pulses increased to 18.20% in July from 17.56% in June. Inflation for clothing declined to 6.71% and for miscellaneous items to 4.42% in July from 7.27% and 4.99%, respectively, in June.

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9 Senate members of Mumbai University did not attend a single meeting
During 2013 to 2015, Senate members like Jitendra Awhad, Prakash Binsale, Praveen Darekar, Raj Shroff, Charan Singh Sapra and Shriram Dandekar have not even attended a single meeting, reveals a reply received under RTI
 
Mumbai University, one of the most prominent universities in India is being made to attempt a new record by none other than its nominated members in the Senate. Especially, many of the prominent absentees include political leaders and senior officials from the Education department, reveals a reply received under the Right to Information (RTI) Act.
 
According to the reply received by activist Anil Galgali, under the RTI, there are 21 nominated members on the Mumbai University Senate. Since, the state government has postponed the elections of new members on the Senate, at present the administration has to be dependent on the current Senate members. Unfortunately, since many of them are not even attending Senate meetings, it is the University administration that must initiate action against such members.
 
During 2013 to 2015, Senate members like Jitendra Awhad, Prakash Binsale, Praveen Darekar, Raj Shroff, Charan Singh Sapra and Shriram Dandekar as well as the Joint Director of the Department of Higher Education in Mumbai, Joint Director of Technical Education and Director of Medical Education have not even attended a single meeting, the RTI reveals.
 
If any member remains absent from the Senate meetings for three consecutive times, then as per the Maharashtra University Act, the administration has to take action for cancelling their membership. But this is not happening in Mumbai University.
 
Galgali said, "Action should also be taken on Government officers who are responsible to see the working of the senate on day-to-day basis, or even those who are monitoring the Senate. Government should also take action against the government-nominated member under Service Rule & Regulation Act."
 
Maharashtra Government is planning to pass the New University Act during the upcoming Winter session of the Assembly. So it has postponed elections of Senate in all universities in the state till next year.  

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COMMENTS

M Muralidharan

1 year ago

We dont need ornaments to hang in the wall.... We want people who can contribute. If they dont have the time or inclination, they should leave such roles and give it to people who CAN. Once in 6 months, if the records show that one has not attended even one meeting, then they should be SACKED and new person elected.

Vaibhav Dhoka

1 year ago

When politicos enter such reputed institution it is bound to loose its international status due to their wasted interest.

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