DAILY EXCELSIOR, JAMMU WEDNESDAY, JUNE 11, 2014 (PAGE 7) Need to reduce cost of doing Speaker advises seniors not to business in : Jaitley set bad example for new MPs NEW DELHI, June 10: tion, keeping deficit under con- and outflow of foreign funds, NEW DELHI, June 10: trol, addressing infrastructure dropped to 1.7 per cent of GDP Irked by frequent disruptions from senior members, Lok Sabha There is a need to reduce the bottlenecks," Mayaram said. in 2013-14 from 4.7 per cent in cost of doing business in the Speaker Sumitra Mahajan today advised them to desist from it as He added that there is a need 2012-13. they would present a bad example before the newly elected MPs. country to revive the investment to continue to be in a state of The financial sector regula- cycle, Finance Minister Arun "This is not the way. So many new members have come and preparedness for managing tors at the meeting presented some have returned after a few years. Please speak when you are Jaitley has said. external sector vulnerabilities. their suggestions on the forth- "The Finance Minister given the chance. Such interruptions are not correct," she said Economic growth slowed to coming Budget 2014-15, as also telling them that disruptions would not set a good example for new stressed upon the need to 4.7 per cent in 2013-14 and retail their ideas on next generation improve the business climate comers. inflation stood at a 3-year high financial reforms. Her observation came during the debate on the Motion of and reducing the cost of doing of 8.59 per cent in April. Among others who attended business as important means for Thanks on the President's address, which was initiated by BJP Besides, fiscal deficit nar- the meeting were IRDA member Rajiv Pratap Rudy. revival of the investment cycle," rowed to 4.5 per cent of GDP in Chairman T S Vijayan, FMC an official statement said today. Rudy outlined the BJP government's plans for development and 2013-14 from 4.9 per cent in Chairman Ramesh Abhishek, criticised performance of the previous UPA government, inviting He also emphasised on the previous year. The current PFRDA Officiating Chairman R need for coordinated approach sharp reaction from opposition benches. account deficit (CAD), which is V Verma and other government TMC members Sultan Ahmed, Kalyan Banerjee, Congress' by all sector regulators to the difference between inflow officials. (PTI) achieve financial stability. Deepinder Singh Hooda and Adhir Ranjan Choudhury strongly "He referred to the high objected to the remarks and asked Rudy to concentrate on the political expectations from the P K Mishra appointed Additional President's speech. new government and the oppor- Noisy scenes were also witnessed when Rudy, without taking actors , Aamir Khan, and Saira Banu during the tunity now available for resolv- any name, said the country's democracy has been "growing" in Principal Secretary to Modi launch of 's autobiography "Substance and the Shadow" in Mumbai . (UNI) ing long-pending problems fac- such a manner that even if someone goes to jail, his spouse occu- ing the economy," the statement NEW DELHI, June 10: pies his place as chief minister. said. RJD members Rajiv Ranjan alias Pappu Yadav strongly object- Former Agriculture Secretary P K Mishra has been appointed Amitabh, Aamir launch Dilip Kumar's biography ed to the remarks and came to the Well protesting as it was an Jaitley was speaking at the Additional Principal Secretary to Prime Minister Narendra Modi. meeting of the Financial Sector MUMBAI, June 10: fan of Yusuf (Dilip Kumar) of music and it is a great oppor- apparent reference to Rabri Devi wife of RDD supremo Lalu The appointment of Mishra, a 1972-batch retired IAS officer of Development Council (FSDC) sahab. It is a memorable day. He tunity for all of us to be here. I Prasad. Gujarat cadre, will be co-terminus with the term of the Prime Amitabh Bachchan and on Saturday. It was attended by is such an inspirational figure to hope he has long life. We are Rudy, however, said if anyone was hurt by his remarks, he Minister or till further orders, according to an official release Aamir Khan launched leg- financial sector regulators me right through my career. I really proud of him," Ali Khan withdrew the words. (PTI) issued by the Ministry of Personnel today. endary actor Dilip Kumar's including the Reserve Bank have learnt so much from him. said. 65-year-old Mishra had served between 2001 and 2004 as biography at a five-star hotel Governor Raghuram Rajan and Every time I watch his work I On the occasion, Madhuri Principal Secretary to Modi when he was Gujarat Chief Minister. here. 'India ranks 15th with 175,000 Sebi Chief U K Sinha. feel am discovering him each said, "He is a legendary actor He was Secretary in the Ministry of Agriculture between Along with Dilip Kumar's The minister also cautioned time. I am thrilled to be here," and a book on him is something December 1, 2006 and August 31, 2008. wife Saira Banu, the book against slackening the vigil in Aamir said. I am looking forward to. He has He was appointed Chairman of Gujarat Electricity Regulatory launch was attended by a host of millionaire households in 2013' the area of fiscal consolidation. "I am looking forward to Commission after his retirement in 2008 for a five- year term. Bollywood celebrities here last been an inspiration not only to Finance Secretary Arvind read the book where we will get Mishra, considered close to Modi, has held various key posi- night. actors but to everyone. As an NEW YORK, June 10: Mayaram briefed the council on to know about his life, his expe- tions at the Centre and in the Gujarat government. This is the sec- The book, titled 'Substance actor I would like to know how the macro-economic situation riences and it will be an oppor- India had 175,000 millionaire households in 2013, ranking ond appointment in the Prime Minister's Office. and Shadow', is authored by he approached his roles and and improvement in twin tunity for me to learn something 15th in the world, according to a wealth report which said the total Former TRAI Chairman Nripendra Misra, 69, was on May 28 what he went through when he deficits. Uday Tara Nayar, a close family from this," he said. number of millionaire households in the world rose to 16.3 mil- appointed Principal Secretary to Modi. He is a 1967-batch retired played the roles." "However, there is a long friend of the Bollywood thespi- The event was hosted by lion last year. IAS officer of Uttar Pradesh cadre. The veteran actor was born way to go in terms of reviving an. It chronicles the life of filmmaker Karan Johar and was The Boston Consulting Group's 14th annual report on the glob- Misra, who has served in various capacities in the government, as Mohammad Yusuf Khan but economic growth, controlling Kumar right from his childhood, attended by Bollywood person- al wealth-management industry 'Riding a Wave of Growth: Global retired as the Chairman of Telecom Regulatory Authority of India career, the ups and downs in his adopted the screen name of Wealth 2014' said global private financial wealth grew by 14.6 per inflation especially food infla- alities like Jeetendra, Vaijayanti Dilip Kumar. (TRAI) in 2009. (PTI) life, his family and more. Mala, Zeenat Aman, Danny cent in 2013 to reach a total of USD 152 trillion. In a career spanning over six "This evening is special and Denzongpa, , The rise was stronger than in 2012, when global wealth grew decades, he gave hits like we hope everyone likes his , Ustad Amjad Ali by 8.7 per cent. The key drivers, for the second consecutive year, 'Madhumati, 'Devdas', 'Mughal- biography. I am feeling great Khan, Dharmendra, Madhuri were the performance of equity markets. today. It is a dream come true to Dixit, Priyanka Chopra, e-Azam', 'Ganga Jamuna', 'Ram India ranked 15th last year and had 175,000 millionaire house- me. Everyone will know about Subhash Ghai, Raju Hirani, Aur Shyam, 'Karma' and others. holds. Its position improved slightly from 2012 when it had ranked his childhood, growing up years Sanjay Leela Bhansali, Riteish He was crowned as the 16 in the world for its number of millionaire households. and you will hear it from him. Deshmukh, Kiran Rao among 'Tragedy King' for playing a India is projected to become the seventh wealthiest nation by For the first time he has spoken others. doomed lover in films like 2018. The number of ultra-high-net-worth (UHNW) households in about it," Banu told reporters Noted actor Jeetendra said 'Andaz', 'Baabul', 'Mela', India, those with USD 100 million or more, stood at 284 last year. here. he was a big fan of Dilip Kumar 'Deedar' and 'Jogan' and others. The total number of millionaire households reached 16.3 mil- Aamir recited a poem and felt honoured to be present Dilip Kumar was last seen in lion in 2013, up strongly from 13.7 million in 2012 and represent- penned by Prasoon Joshi and at the book launch. film 'Qila' in 1998. ing 1.1 per cent of all households globally. few actors came on stage to "I learnt a lot by just looking He was honoured with the The US had the highest number of millionaire households at share their experiences about and observing him," he said. Padma Bhushan in 1991 and the 7.1 million, as well as the highest number of new millionaires at the veteran actor. "It is a great honour to be Dadasaheb Phalke Award in 1.1 million. "It is a big day and I am big here. He is a legend. He is fond 1994. (PTI) Robust wealth creation in China was reflected by its rise in mil- lionaire households from 1.5 million in 2012 to 2.4 million in 2013, surpassing Japan. The number of millionaire households in Japan fell from 1.5 Cong accuses Govt with 'copying' its agenda million to 1.2 million, driven by the 15 per cent fall in the yen against the dollar. NEW DELHI, June 10: our schemes and programmes. "This is like music to my "As the debate over the global polarization of wealth rages on, We have already implemented ears that BJP talks of pro- Congress today charged the one thing is certain: more people are becoming wealthy," the report 90 per cent of the programmes grammes for minorities. Our said. Government with "copying" its listed in this address. We have ears were yearning for last 65 agenda in the last 10 years in the As in previous years, North America at USD 50.3 trillion and done all these programmes," he years to hear this. It is not just I Western Europe at USD 37.9 trillion remained the wealthiest President's address and said it said. who wanted to hear this but the had already implemented 90 per regions in the world, followed closely by Asia-Pacific at USD 37 "The Sabka Saath, Sabka entire Opposition. The revolu- trillion. cent of the schemes and policies Vikas slogan is a mere transla- tion is not your getting 282. The listed out by the NDA. A key driver in the rise of private wealth in the Asia- Pacific tion of Dr Manmohan Singh's biggest revolution is this (BJP's region has been strong GDP growth over the past five years, espe- Leading the Congress' attack model of inclusive growth," he talk about welfare of minori- while speaking on the Motion of cially in China, India, and Indonesia, the report said. said, adding that he was trying to ties)," Azad said. Globally, the amount of wealth held privately rose by USD Thanks on the President's understand what the slogan of The Congress leader also address, Leader of the 19.3 trillion in 2013, nearly twice the increase of USD 10.7 trillion minimum Government and warned that the BJP will have to seen in 2012. Opposition in Rajya Sabha maximum governance actually take everyone along and not just Ghulam Nabi Azad said BJP has The growth of private wealth was driven primarily by returns meant. merely say that. "This govern- on existing assets. only listed out programmes that On the Government's intent ment will have to provide a have already been implemented The highest density of millionaire households was in Qatar to eradicate poverty, Azad said it guarantee to protect the life and (175 out of every 1,000 households), followed by Switzerland by the UPA. is a "good slogan" and the entire property of the minorities, which Complimenting BJP for its (127) and Singapore (100). opposition and Congress will should be the top priority for this The US had the largest number of billionaires, but the highest electoral victory, Azad said give a gold medal if they achieve Government," he said. Congress will play a constructive density of billionaire households was in Hong Kong (15.3 per mil- success, but questioned in what He appeared to be reaching lion), followed by Switzerland (8.5 per million). role as an opposition, but remind- time frame they will achieve so out to non-BJP parties like ed them of the responsibility At an expected growth of 9.1 percent over the next five years, and where will the resources DMK, Left, SP, BSP and J-U, given by the people as "janadesh, UHNW households are projected to hold 13 trillion dollars in come from. saying it will be a matter of great kursi, paisa" (verdict, money and wealth by the end of 2018. (PTI) On BJP Government's bid to happiness for them as well if it power) do not remain permanent- reach out to minorities by prom- was really a "change of heart" of ly with anyone. ising their welfare in the BJP. Congress also targeted BJP Normal power supply to Delhi to for promising welfare of minori- President's address, Azad said it Azad, who had been a Health ties and said "this is like music is good they have "realised late Minister in UPA-II Government, be restored in 15 days: Goyal to my ears" which "we have than never" and added that its used the allegory of an infant to yearned for years to hear" and top priority should be guarantee describe the condition of the NEW DELHI, June 10: wondered if it was a change of the security of their life and newly-elected BJP-led NDA heart for the good or just lip property. government saying infant mor- As Delhi reeled under long spells of power outages and scorch- service. Reciting Urdu couplets, tality rate is maximum within ing summer heat, Power Minister Piyush Goyal today said it will Taking a dig at the BJP slo- Azad hinted at trust deficit over the first week of birth to 28 days. take 15 days to restore normal power supply even as temporary gan of "Sabka Saath, Sabka BJP's intention towards minori- "You are in that stage," he said. measures to boost generation were put in place. Vikas (all together, development ties. He said that even for copying Goyal said the Centre has drawn up an action plan to ease the for all), he said it is a mere trans- He said whenever Congress some knowledge is required and power crisis in the city with short-term measures to generate 400 lation of Manmohan Singh's Government used to announce added that the Government megawatts of additional power by tonight. "inclusive growth" model. any programme for the welfare could have at least changed the Speaking after a two-and-a-half hour emergency meeting with "There is nothing in this that of minorities, it was termed as language while doing so with Delhi's Lieutenant Governor Najeeb Jung and senior executives of we can support. It is a copy of "appeasement" by BJP. UPA's programmes. (PTI) Delhi Transco, Power Grid Corporation and power utilities, the minister warned that dilapidated power grids could not cope with MILITARY ENGINEER SERVICE the extra electricity needed to meet demand. 1. Garrison Engineer, Nagrota-181221 on behalf of President of India invites applications from eligible enlisted Contractors of MES and enlisted/unen- listed contractors working with other Govt Departments meeting eligibility criteria for selection of Contractors for issue of tender for under mentioned Inadequate transmission lines meant Delhi could absorb 400 works:- MW of power on top of its existing 5,300 MW, falling short of cur- Ser. Name of work, Estimated Cost, Earnest Money Last date of Eligibility Date of No. Completion period Cost of Tender receipt of criteria for issue/Date rent peak demand of 5,800 MW. application MES of receipt of Contractors tender He blamed the "massive policy paralysis, poor decision mak- 12 3 4 5 6 1. Provision of certain sanction works at Rs 29,000/- 28 June 2014 Class “E’’ 30 June 2014 ing" of the previous Delhi government for the problems in power Nagrota Rs 500/- in shape of Category 21 July 2014 Estimated cost- Rs 14.50 Lakhs DD/Bankers Cheque from “a(i), (ii)’’ sector. The Centre has offered its assistance to the Delhi govern- Period of completion-06 Months Nationalised Bank in ment and its utilities to restore power transmission systems in mis- favour of GE Nagrota 2. Certain repairs to joinery, brick work, Plaster Rs 29,200/- 28 June 2014 Class “E’’ 30 June 2014 sion mode, the minister said. internal water supply etc at Transit Camp Rs 500/- in shape of Category 21 July 2014 Under GE Nagrota DD/Bankers Cheque from “a(i), (ii)’’ Goyal, however, added that transmission lines damaged by last Estimated cost- Rs 14.60 Lakhs Nationalised Bank in Period of completion- 06 Months favour of GE Nagrota month's severe storm will be repaired in 15 days. 3. Comprehensive B/R maint services for Rs 28,000/- 28 June 2014 Class “E’’ 30 June 2014 Transit Camp at Jammu under GE Nagrota Rs 500/- in shape of Category 21 July 2014 Besides repairing broken lines within 24 hours, the government Estimated cost- Rs 14.00 Lakhs DD/Bankers Cheque from “a(i), (ii)’’ Period of completion- 06 Months Nationalised Bank in has ordered GAIL to provide extra natural gas to power plants in favour of GE Nagrota 4. Certain repair to path, drain, culverts, and Rs 20,000/- 28 June 2014 Class “E’’ 30 June 2014 the national capital. hardstanding and certain sanction work at Rs 500/- in shape of Category 21 July 2014 South of NHW at Nagrota DD/Bankers Cheque from “a(i)’’ North India has endured a heatwave in the last week, with tem- Estimated cost- Rs 10.00 Lakhs Nationalised Bank in peratures in some parts of Delhi reaching a 62-year high, sending Period of completion- 06 Months favour of GE Nagrota 5. Certain repair to path, drain, culverts, and Rs 20,000/- 28 June 2014 Class “E’’ 30 June 2014 power demand surging. hardstanding and certain sanction work at Rs 500/- in shape of Category 21 July 2014 Transit Camp Jammu under GE Nagrota DD/Bankers Cheque from “a(i)’’ The meeting was called amid protests in several parts of the Estimated cost- Rs 10.00 Lakhs Nationalised Bank in Period of completion- 06 Months favour of GE Nagrota city over long and recurrent outages in the scorching summer heat. 6. Cleaning and repair to sewage system Rs 20,000/- 28 June 2014 Class “E’’ 30 June 2014 South of NHW at Nagrota Rs 500/- in shape of Category 21 July 2014 Goyal said state-run NTPC Ltd has been asked to transfer some Estimated cost- Rs 10.00 Lakhs DD/Bankers Cheque from “a(ii)’’ Period of completion- 11 Months Nationalised Bank in of its natural gas to power projects run by the Delhi government to favour of GE Nagrota 7. Cleaning of sewage lines, septic tanks and Rs 28,000/- 28 June 2014 Class “E’’ 30 June 2014 increase local generation by 400 MW. soakage well with mechanical device in Transit Rs 500/- in shape of Category 21 July 2014 Also, state gas utility GAIL India Ltd will divert 0.9 million Camp Jammu and Charlie Hills under GE Nagrota DD/Bankers Cheque from “a(ii)’’ Estimated cost- Rs 14.00 Lakhs Nationalised Bank in standard cubic meters a day of domestic gas from the now-shut Period of completion-06 Months favour of GE Nagrota 8. Provision of certain revenue, minor and Rs 29,000/- 28 June 2014 Class “E’’ 30 June 2014 Dabhol power plant in Maharashtra to units in Delhi to generate an other sanction works at Nagrota Rs 500/- in shape of Category 21 July 2014 Estimated cost- Rs 14.50 Lakhs DD/Bankers Cheque from “a(i)’’, (ii)’’ additional 218 MW, an oil ministry official said. Period of completion-06 Months Nationalised Bank in favour of GE Nagrota This will help BSES Rajdhani, BSES Yamuna and Tata Power, Note : 1. Application not accompanied by requisite value DD/Bankers Cheque towards cost of tender shall not be considered for issue of tender. the companies that supply electricity in Delhi, as they are unable 2. Eligibility Criteria for un-enlisted contractor to draw power from projects located in other states because of the (i) Meeting enlistment criteria of MES with regard to having satisfactorily completed requisite value works, Annual turn over, Working Capital, Fixed Assets etc. (ii) No recovery outstanding in Govt Deptt. damage to transmission lines. The discoms have also been direct- 3. Contractors not enlisted with MES will be required to enclose necessary documents to prove their eligibility as given above. ed to come up with daily bulletins on the schedule of outages at 8 4. In case of rejection of application for issue of Tender, the applicant shall be refunded the cost of tender. However Contractor may appeal to next higher Engineer Authority i.e HQ 135 Works Engineers for rejection of his application for issue of tender whose decision shall be final and binding and Contractor shall not be entitled to any compensation what so ever for non am every day."A holistic vision and plan for Delhi has been non- issue of tender. existent for a decade. Lack of decision making, lack of investment Sd/- (A K Pathania) in infrastructure and lack of forward planning in last 12 years is AGE (Contracts) For Garrison Engineer responsible for the problem," Goyal said. (PTI)