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.....👍✌



Tuesday, November 05, 2013

Exempt UMPP from compensatory afforestation clause, says power ministry
[Editor: This news is positive for for BGR Energy Ltd (Rs.118), Reliance Power Ltd (Rs.77.05), Tata Power Ltd (Rs.83.05), etc. Also, there seems to be whirlwind rally in most of the banking counters, Dena Bank Ltd (Rs.64), Central Bank Ltd (Rs.62), Allahabad Bank Ltd (Rs.99), Bank of India Ltd (Rs.240) etc are all up today. Also, Kavveri Telecom Ltd (Rs.28) and Tulip Telecom Ltd (Rs.7.70) can hit the upper circuits at any time from now]. There was no hearing in the Honourable Courts of India regarding Tulip Telecom Ltd (Rs.7.84) on 1st November, 2013; but then some disgruntled employees are spreading rumours. The company is urged to take strong measures against these unscrupulous fellows so that the reputation of the company is not spoiled and the shareholders' interest is protected]
NEW DELHI: The power ministry plans to give a shot in the arm for ultra mega power projects and has approached the Cabinet to exempt the plants from a key provision of the Forests Act, 1980, that requires companies to identify land for mandatory compensatory afforestation.

To facilitate this, the ministry has approached the Cabinet Committee on Infrastructure seeking 'central government' status for ultra mega power projects for the purpose of acquiring forestland.

Under the current system, unlike private developers, central government projects are not required to identify non-forest land for compensatory afforestation or pay any money for the purpose.

The existing provision helps state companies such as NTPCBSE 0.75 % to develop projects smoothly, but private firms face numerous obstacles in securing approvals and clearances required for identifying the appropriate patch of land to plant trees in lieu of forest land that a project needs. The power ministry wants now wants the same provision to be applied to all companies. However, the power ministry has proposed that developers of ultra mega power projects be asked to pay for afforestation although state governments should identify the non-forest land.

"We have approached the Cabinet Committee on Infrastructure for tweaking the compensatory afforestation norms for the Tilaiya ultra mega power project in Jharkhand. If approved, the change would benefit both existing and future ultra mega power projects," a senior power ministry official said.

Compensatory afforestation rule is one of the most important conditions stipulated by the central government under the forest conservation Act while diverting forestland and requires companies to identify an equal area of non-forest land in the same state.

The proposal is part of the government's efforts to revive investment and clear obstacles that have stalled giant projects such as UMPPs. Reliance PowerBSE 1.72 % bagged the 3,960 mw ultra mega power project at Tilaiya in 2009 and planned to commission the first unit by May 2015. The company has not been able to start work as the state government has not handed over land to the company. The company has received forest clearance for 1,220 acres of forest land but is still awaiting final handover from the state government.

Nearly 80% of land required for the project and attached coal mines fall under forest area. Reliance Power had ordered the main plant equipment for the Tilaiya project from China's Shanghai Electric, but is still in discussions with domestic and international banks for financial closure. The proposal would also benefit developers of future ultra mega power projects. The government has called bids for two such projects at Bedhabahal in Orissa and Cheyyur in Tamil Nadu.

CourtesyEconomic Times