Citizens' Issues
Suit auction: NRI bids Rs1.11 crore for Narendra Modi’s bandhgala

The suit that created waves and kicked up a political storm will be auctioned along with 455 items that PM Modi had received as gifts to generate funds for the ‘Clean Ganga Mission’

 

A non-resident Indian (NRI) has bid Rs1.11 crore for Prime Minister Narendra Modi’s pinstripe monogrammed bandhgala suit that he wore during US President Barack Obama’s visit to India last month.
 
Viral Chowksi, the NRI made the offer at the three-day auction which commenced on Wednesday.
 
Another businessman Suresh Aggarwal made an offer of Rs1 crore for the suit. “I have offered Rs1 crore. This is work of charity and when the Prime Minister is doing for a great cause like cleaning of Ganga, I decided to go ahead and buy the suit,” he said.
 
Another Raju Aggarwal offered Rs51 lakh for the suit, saying it was for a noble cause.
 
The suit that created waves and kicked up a political storm will be auctioned along with 455 items that PM Modi had received as gifts during his nearly nine-month long tenure to generate funds for the Prime Minister’s ambitious ‘Clean Ganga Mission’.
 
“Prime Minister Narendra Modi’s suit, which he wore during his meeting with President Barack Obama last month, along with other 455 items that he received as gifts during his tenure as Prime Minister, will be auctioned at a three-day event in Surat,” says Surat Municipal Commissioner Milind Toravane.
 
The gift items belonging to Prime Minister Modi is a national treasure and the money generated from the auction will be utilised for the ‘Clean Ganga Mission’, he added.
 
The event was organised at SMC’s Science Convention Centre at city-lights road in Surat as the Prime Minister’s Office (PMO) had decided to hold the auction event in the city.
 
Modi during his chief ministerial tenure in Gujarat had initiated a trend to auction the gifts that he received in a year and it was donated to Kanya Kelavani Yojna for girl child education, he said.
 
Modi was photographed wearing the suit during his summit talks with Obama in Hyderabad House in Delhi on January 25 and at a joint media appearance that followed the meeting.
 
Photographs of the suit on a closer inspection showed that the stripes were actually tiny letters spelling out his name in full – Narendra Damodardas Modi – and embroidered on the fabric vertically down the stripe.
 
The suit had triggered a debate in social media while the Prime Minister was slammed by his political opponents for wearing an expensive suit. Senior Congress leader Jairam Ramesh called Modi a “megalomaniac”.
 
Toravane said no base price has been fixed for any of the items to come under the hammer.
 
Congress vice president Rahul Gandhi also had raked up the issue of Modi’s expensive suit during the campaign for Delhi assembly polls in which BJP was routed. Some reports said the suit cost nearly Rs10 lakh.
 
Discussions on whether the suit, which from a distance appeared to be a classic navy blue pinstripe design, was fine style and good form or a thinly-disguised show of narcissism coursed through social media, even attracting global media attention.
 
Tweets flew thick and fast, including comparison with former Egypt President Hosni Mubarak who is known to have a similar outfit.
 
Congress leader Ajay Maken said the auction was a “damage control” exercise by the Prime Minister who was “widely criticised” for donning such a suit. 
 

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COMMENTS

MG Warrier

2 years ago

In response to a Washington Post report, I had given my view. Link below:
Fashion Savvy Modi . . . . .
http://www.washingtonpost.com/blogs/worl...

M G Warrier Warrier
8:42 PM GMT+0530
Happy to know that Washington Post is taking note of the transformation India is undergoing in 21st Century. About the cost worries in regard to the frequent changing of quality attire by our PM Narendra Modi, one is tempted to recall that M K Gandhi and Motilal Nehru were dress conscious while Vivekananda, Mahatma Gandhi and Jawaharlal Nehru had also signature brands when it came to the dress they were wearing when making public appearance. Our own Rahul Gandhi raised objection about the heavy expenditure on Modi's suit. Perhaps enough had been saved by the generation of Mahatma Gandhi so that present generation can afford luxurious attire!
M G Warrier(Author of Banking, Reforms & Corruption: Development Issues in 21st Century India: Available at Flipkart)

Nippon Life gets regulatory nod to increase stake in RCAM to 49% from 26%

Nippon will be investing about Rs657 crore to acquire an additional stake of 9% in RCAM in the first tranche, to reach a 35%. The transaction pegs Anil Ambani-led RCAM’s valuation at Rs7,300 crore

 

Reliance Capital Asset Management (RCAM) on Wednesday said that it has completed the regulatory clearance process for the sale of additional stake to Japan’s Nippon Life Insurance. RCAM said it received necessary approvals from Competition Commission of India (CCI) and the Employees Provident Fund Organisation (EPFO).
 
The deal is now expected to close by next week.
 
Nippon Life Insurance, which manages $500 billion in assets and is among the largest in the world, had agreed in November 2014 to increase its stake in RCAM from the existing 26% to 49% in multiple tranches, subject to regulatory approvals.
 
RCAM runs Reliance Mutual Fund, the country’s leading fund house, and is a part of Anil Ambani-led Reliance Group’s financial services arm Reliance Capital.
 
In a statement, Reliance Capital CEO Sam Ghosh said that the approval from CCI and EPFO for this transaction would help RCAM expand its reach and offer superior returns and innovative products to its customers and investors.
 
“We look forward to completing this transaction by next week,” he added.
 
The boards of both the companies — Nippon Life Insurance and RCAM — have already approved the additional stake sale to the Japanese partner.
 
Nippon will be investing about Rs657 crore ($108 million) to acquire an additional stake of 9% in RCAM in the first tranche, to reach a 35%. The transaction pegs RCAM’s full valuation at Rs7,300 crore ($1.2 billion).
 
Subsequently, Nippon will have an option to increase its stake further by an additional 14%, to reach 49%, in tranches.
 
RCAM is the largest asset manager in India managing Rs2.3 crore ($36.9 billion) as on 31 December 2014, across mutual funds, pension funds, managed accounts and offshore funds.
 
Nippon Life is already a strategic partner in RCAM and had acquired a 26% stake for Rs1,450 crore ($240 million) in 2012. The transaction pegged the total valuation of RCAM at around Rs5,600 crore ($920 million) at that time.
 
The 125-year-old Nippon Life is the world’s seventh largest life insurer and the biggest private life insurer in Asia and Japan. 
 

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Life Exclusive
7 myth busters on ‘One Rank One Pension’ and other military veteran issues
An environment of positivity needs to be inculcated towards our men and women in uniform. All stakeholders must shun rigidity, sit together and work towards smooth and early implementation by ironing out the creases without any delay
 
The very recent assurance on "One Rank One Pension", or OROP as it is colloquially known, by Defence Minister Manohar Parrikar should calm some nerves. The Minister, by now known for his sensitive and humane approach, reassured military veterans that he staunchly stood behind the promise made by the Government on the subject time and again, including by the Prime Minister. A case is hence definitely made out not to read too much into the negativity floating around in the environment on the subject.
 
Why OROP for soldiers some may ask! Common sense is all that is required to fathom that the current cost of living equally applies to a military veteran who retired say 15 years back vis-a-vis the one who retires today in the same rank. When both go out to the grocer, they pay the same price for atta that they buy, they pay the same for the vegetables, which feed their families, they are also expected to maintain a similar level of daily life, so why the sharp difference in their pensions?
 
Precisely, this is the reason why the concept OROP, came into inception. At a rudimentary level, it simply means similar pension for similar rank for an equal length of service. It is not only desirable, but also highly logical. Agreeable suggestion is that ideally it must be applied to all services under the government, military or otherwise. However, we do not live in an ideal world and till that final objective is achieved for all other classes of employees, military veterans do have a case for favourable consideration as explained in the succeeding lines.
 
As would be expected in any democracy, departments concerned or dealing with the Armed Forces of most nations strongly stand behind their men and women in uniform and plead for the best of benefits from their respective governments. However, in our country, the Ministry of Defence (MoD), until recently, was legendary in always taking an adversarial stand against the profession of arms. 
 
And not straying from this dubious legacy, it were elements of the same Ministry that always opposed the grant of OROP to military veterans repeatedly citing financial, administrative and legal impediments for resisting the concept, and in the bargain, attempting not only to mislead and misguide the highest of political executive, but even Parliamentary Committees. 
 
While financial constraints are well understood and appreciated, there is never too high a price to pay for those who protect us at the peril of their lives. Under the garb of administrative constraints, it was pointed out by the Department of Ex-Servicemen Welfare (DESW) of the MoD to a Parliamentary Committee in 2011 (Koshyari Committee) that OROP was not feasible to implement since documents of military personnel are weeded out after 25 years- an incorrect averment, to say the least. In reality, it is the documents of non-pensioners that are weeded out in 25 years as per Regulation 595 of the Regulations for the Army. 
 
Moreover, the Pension Payment Orders (PPOs) of pensioners, which contain all relevant details such as the rank last held and the length of service are retained during the lifetime of each pensioner and then during the lifetime of the family pensioner in case of demise of the former. These details, which are the only two basic requirements for OROP, are also available in a document called "Long Roll", which is maintained in perpetuity in terms of Regulation 592 of the Regulations for the Army. 
 
Of course, a complaint to the then Defence Minister related to false statements by representatives of the MoD to the Parliamentary Committee and also to Constitutional Courts did not elicit any action whatsoever, as expected. Even the legal constraints pointed out by the DESW repeatedly hold no ground since the decision of the Supreme Court in the case of Maj Gen SPS Vains, being the latest on the subject, fully endorses the concept of OROP.
 
Another strange bogey historically put across by the establishment has been the imaginary fear that "other employees" would also start demanding OROP. This argument too is faulty at multiple levels. 
 
Firstly, it is a fact that no civilian pensioners' body has ever opposed additional pension benefits to military veterans and mostly civilian peers have supported the cause, tacitly and even overtly. 
 
Secondly, unique service conditions such as living away from the family in a strictly regimented, at times hazardous and highly stressful environment, maintaining two households on being posted away from family, being under a disciplinary code 24 hours a day, 365 days a year et al make an additional dispensation such as OROP all the more justified. 
 
Thirdly, depending upon rank, soldiers start retiring at the age of 34, which is not the case in any other service including comrades of the Central Armed Police Forces (CAPF) who also no doubt face tough service conditions. 
 
Fourthly, civil employees are blessed with a much higher lifetime earning as compared to military employees and they also are fortunate to see multiple salary revisions through subsequent pay commissions. 
 
Fifthly, a much higher system of calculating pensions remained applicable to the defence services till the third pay commission when it was abruptly discontinued and military pensioners were suddenly (broadly) equated with civilian pensioners in many aspects. 
 
Sixthly, the fear of 'similar demands' also now does not hold much water since other employees (post-2004) are on a New (Contributory) Pension Scheme which is much different than the traditional pension system of the Government. 
 
Seventhly, contrary to popular perception, and interestingly, the average life expectancy of military personnel and veterans is much lower than other civilian employees, especially at the lower ranks.
 
With a proactive Prime Minister, a sensitive Defence Minister and other former soldiers on Ministerial berths, the new Government has definitely given hope to defence pensioners in the well-known demands of the military community in issues such as OROP as well as other insidious matters such as the way disabled soldiers and military widows are treated by the system. 
 
The new government, which now seems to be getting a grip of things, however must ensure that the political will in this regard is imposed and enforced with an iron fist from the top downwards towards the bottom and not the other way round. 
 
The last few years have been witness to a deleterious culture whereby junior Section Officer and Under Secretary level officers were ruling the roost by initiating misleading noting sheets, which were approved till the very top without question. 
 
The one-way imposition of appalling, illegal, illogical and negative policies hence emanated from below with the top brass merely affixing initials. The attitude must shift from 'how a thing cannot be done' to finding ways to move towards a constructive and positive foundation.
 
The Defence Accounts Department must also not be allowed to influence policy or present exaggerated figures by juggling with numbers as was seen in the last few years. The office of the Controller General of Defence Accounts (CGDA) is only responsible for accounts and auditing and must not be seen as the policy-maker as has been the case in the last few years wherein the MoD has been asking the former to draft policies and government letters related to pay, allowances and pensions of defence services.
 
Per chance, co-extensive with the proactive top brass in the government, the higher echelons of the military have also seen some changes including the newly appointed Adjutant General of the Army, who is expected to make a change with his sensitive and pragmatic approach. 
 
It is a perfect opportunity for the defence services to work in tandem with the government to ameliorate the problems being faced by the veteran community. The fillip to the Veterans' Cell in the Army HQ, which is rendering excellent service, is a step in the right direction. It would in fact augur well for the system, if just like the DESW, the military too cleans up its act especially in its Personnel Services directorate and Record Offices, the elements of which are also ensconced in cobwebs of negativity and rigidity and who do not let the seniors in the chain of command look at issues with an optimistic vision.
 
File notings are framed in such a manner so as to ensure the elicitation of a negative decision. This attitude must change, so must the structure of initiating multiple litigation by the establishment against old veterans, disabled soldiers and military widows. Military veteran organisations too must not take extreme positions or bicker amongst themselves. In fact, the veteran community expects veteran organisations to play a beneficial role and facilitate a well-oiled overall veteran welfare machinery, bereft of politics.
 
The time is right, the leadership is optimal; however, it needs to be instilled and drilled into the authorities dealing with the welfare of soldiers that an environment of positivity needs to be inculcated towards our men and women in uniform. All stakeholders must shun rigidity, sit together and work towards smooth and early implementation by efficiently ironing out the creases without any delay. Friction and antagonism is not in national interest.
 
It is our obligation that we must rise to the occasion, aid and assist the current leadership in ensuring a better deal to our protectors. Issues concerning our veterans and also our serving soldiers have to be dealt with a caring, sympathetic, compassionate and sensitive approach and not in the environ of pessimism or  with the spirit of hyper-technicality and hyper-legalese. It is time for all of us to salute our men and women in uniform who protect our freedom in this proud democracy, not with lip-service but with steps that facilitate them in day to day life.
 
(Major Navdeep Singh is a practicing Advocate in the Punjab & Haryana High Court and the Armed Forces Tribunal. He was also the founding President of the Armed Forces Tribunal Bar Association. He is a Member of the International Society for Military Law and the Law of War at Brussels)
 
 

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COMMENTS

NJayakumar

2 years ago

Requirement of OROP was most important for ranks (other than commissioned ranks) and their family pensioners as these soldiers are to retire at the age of 32-33 on wards, to keep the profile of the forces young and fighting fit physically. This supposedly strong argument is neglected by the authorities. he pay structures of the lower ranks is degraded, pay commission after pay commission to treat a person with diploma in Engg joining the IAF is kept as worker even after 15-17 years of service. Compare this with the promotion prospects of the similar categories joining scientific organisations like DAE/DOE/DOS etc. Men are not represented properly in pay commissions.

Krishna Murthy

2 years ago

A very well written piece. But then, the effect this will have on the powers that be, is open to anybody's guess. I understand the late Admiral R.Pereira , the CNS in the early 80s if my memory serves me right, is the person to be credited for the free rations to the defence forces!! GOD bless his soul!! Similarly, we need one chief of any of the three services to have a man to man chat with the PM/RM and FM and get this OROP implemented. I feel that would be a much more dignified and "service like" behaviour than the Fasts and Demonstrations and Marches. No offence meant at all but just thinking aloud. If any of my brothers who took part in these fasts and marches is hurt, my million apologies!!I humbly doff my cap with the deepest respect to them!! Jai Hind and Jai Jawan!!

coljpn

2 years ago

Well written, wish it is sent to the PM, FM n RM.

kujad Jani

2 years ago

An extremely well researched, thoughtful and a balanced article bringing out the facts and present Politico-Military psyche of the country.

Major Navdeep Singh has deftly presented the ground reality of Indian Political, Bureaucratic and Defense world.

It is time that the Government takes a matured view of Defense problems - be they operational, Personnel or retirement.

Cdr. K.P. Jani, I.N. (retd)

Sanjeev B

2 years ago

One less controversial way to do this would be to increase the pay during service, but hold a greater percentage of the pay towards an armed forces provident fund. This PF can be availed of after retirement age. As it will be a much larger percentage (probably 16+16 percent) compared to the civilian provident fund (8+8 percent), it will take care of inflation in a better way.

This will make it easier to roll out the higher funds in hand to retired personnel, without opening our government to demands for similar treatment for all government employees.

THANGAVELU

2 years ago

It is becoming that all citizens including stars praise the service personnel on R'Day & I'Day. But somehow, Civilian officers in the Ministry of Defence have their own wisdom to deny this legitimate demands of OROP. It appears that they think service personnel are only to sacrifice on call of duty, irrespective of political decision. Even an ordinary, uneducated person will understand the difficulties faced by the service personnel. Why these IAS and other Civilian officer in the MOD continues to write notes negatively, pointing out illogical comparisons. Any of their wards are in service, to understand the ordeals of hard living conditions. It is high time they realise that they doing an unpatriotic noting,to deny basic legitimate dues. Let's hope better sense prevails. Otherwise joining service will no longer be pride.

Ved

2 years ago

A very well articulated, optimistic write up in favour of the hapless veterans , who have been suffering silently for the past number of years.
Will this letter reach any of the authorities expected to mitigate the sufferings by implementing OROP at the earliest, as assured by the RM.?
WISHING YOU ALL THE BEST IN ALL YOUR ENDEAVOURS.
With warm Regards.
Wg Cdr V P Sachar

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