Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Thursday, March 07, 2013

B F Utilities Ltd: Steady Upmove Expected
Union Finance Minister P Chidambaram’s budget sought to breathe life into the wind power sector with reintroduction of generation based incentive (GBI). Presenting the union budget for 2013-14 in the parliament, Chidambaram said: “The non-conventional wind energy sector deserves incentives. Hence, I propose to reintroduce generation-based incentive for wind energy projects and provide Rs.800 crore to the ministry of non renewable energy for the purpose.” 
The government has also decided to provide low interest bearing funds from the National Clean Energy Fund to Indian Renewable Energy Development Agency Ltd (IREDA) to lend to renewable power project developers. Declaring clean and green energy as government’s priority, Chidambaram also said a scheme to encourage cities and municipalities to take up waste-to-energy projects in public-private-partnership (PPP) mode which would be neutral to different technologies would be evolved. The announcement has brought cheers to the players in the sector. They had been demanding this ever since the GBI was withdrawn on April 1 last year. Sources said there was a fall in new installations in the last 10 months. The approximate investment for one MW is Rs.6 crore and the country lost about Rs.10,000 crore in wind turbine installations this year. The company is a major player in the wind energy sector.
The company has a good presence in the infrastructure space mainly in the roads and highway segment as well as the wind energy segment. Given the fact that this company has a very strong presence in Bangalore and moreover the company is part of the Kalyani Group which is a very well respected  with high credibility, we can be fairly bullish on the counter.
It has fallen from a peak of Rs.2,977 in July ’07 to a low of 207.55 on 4th March, 2013. There is an interesting take on the company at CLICK HERE

Note: This note was sent to the Paid Members and to those who are having accounts with my recommended brokerage house/s on 6th Mach, 2012.