The whispersinthecorridors Online
Print from origin : whispersinthecorridors.com > Archive > 6th September 2007 Thursday

There are only two Chief Ministers who do not read whispers: one of a Western state because she doesn't care; and second of a Central state because he is illiterate.

M P Bouer

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INTERVIEW OF THE WEEK

Six areas have been identified by Subodh Kumar Goel, Chairman cum Managing Director (CMD) of the UCO Bank, for improving efficiency of the staff & enhance reputation of the bank further. For Goyal motivating the workforce comes first then other things follow.

In an interview to <whispersinthecorridors.com>UCO bank's CMD Goel said "I am fully committed to my assignment always. I carry my team along with motivation for their high level of contribution which will lead to better performance and success. This is the secret of my success."

Replying to a question Goel said "we have initiated steps where we are State level Bankers committee (SLBC) conveners to achieve 100% financial inclusion. I am confident that we will achieve the same and it will be beneficial to the customers and for us too as it will increase our business and profits too." Here goes his interview:

1/What is going to be your priority area as CMD of UCO Bank? Please list two such areas.

A- Banking is a service industry. For an institution functioning in the service sector human resources are highly critical. Further more, for banks deposits are the lifeline. Even in deposits the low cost deposits are more important for bringing down the cost of deposits.

In view of the above, the areas on which I will be according top priority are (1) To build up a team to work for a common goal and to explore the potential to take the bank to a higher position than it had occupied at the time of nationalization and till 1980's (2) Maximize CASA. Presently CASA is too low @ 28% of total deposits. I would like it to be at least 35%in a year's time and to minimize Non performing assets (Non performing assets (Non performing assets (NPAs) to 2% of gross advances and 1% of net advances.

2/What is the secret of your success?

A- "The only place where success comes before work is in the dictionary". There is no short cut to success, Success follows who are tenacious and who works hard and smart and utilize the opportunities and exploit the available potential. I believe in hard work. I am fully committed to my assignment always. I carry my team along with motivation for their high level of contribution which will lead to better performance and success. This is the secret of my success.

3/What new initiatives you intend to take in the UCO Bank?

A-I plan to introduce new initiatives in the areas of (i) personnel and industrial relations; (ii) strengthening of our Regional Offices specially where we are having the SLBC responsibilities; (iii) treasury operations; (iv) NPA control and recovery measures (iv) improving the standard of customer service (v)quickening the process of CBS rollout.

4/In what way inclusive banking & profitability be synergized?

A-It is estimated that a large number of common people at the bottom of the pyramid have not been brought under the purview of organized banking sector. There is vast scope of business opportunities. This system of banking has proved successful as well as beneficial to all concerned where it was actively followed. In view of the above and also the fact that there is need to bring all the people into the orbit of the banking sector. We have initiated steps where we are SLBC conveners to achieve 100% financial inclusion. I am confident that we will achieve the same and it will be beneficial to the customers and for us too as it will increase our business and profits too.

5/Can you tell us at least one way of fighting unemployment at grassroots both in urban and rural pockets?

A-Unemployment is a serious problem the country has been facing. There is large scale unemployment in rural and urban areas. Banks play a vital role in addressing this problem by providing credit for productive sectors. The credit provided by banks to industries, either. Big, small and medium enterprises provide large scale employment opportunities. In addition, banks also provide direct financing to agriculturists, self-employed people, professionals and self help groups which offer them self employment opportunities.

6/How do you like to chill out & what is your hobby?

A-I enjoy listening music and reading books. I also spend my time with my family and occasionally go out for relaxation. I visit temples quite often and derive moral strength to perform my duties in an efficient manner.

Posting of 1974 batch IAS to start from December
If insiders are to be believed posting of 1974 batch IAS officers to the rank of Secretary in the Government of India will commence only from December.

Mehta to be JS Urban Development
Arun Kumar Mehta is likely to succeed Savitur Prasad as Joint Secretary in the Ministry of Urban Development. He is 1988 batch IAS officer of J&K cadre.

IAS officer Dhiraj Mathur joins PricewaterhouseCoopers

After taking VRS Madhya Pradesh cadre 1983 batch IAS officer Dhiraj Mathur on Tuesday has joined PricewaterhouseCoopers as a Partner in the Tax and Regulatory practice in New Delhi.
Dhiraj Mathur is1981, BTech, IIT DelhiHe did MA, Economics, Columbia Univ, New York in 1999 and remained with World Bank in 1999-2000.Mathur Was doing PhD in Finance in New York before taking VRS to join PricewaterhouseCoopers..

Joshi is JS in MEA
P V Joshi has been appointed Joint Secretary Special Assignment in the Ministry of External Affairs. He is 1975 batch IFS officer.

Ranbir Singh Krishnaiya to succeed Pathak
Ranbir Singh Krishnaiya, Additional Commissioner of Police (CP), Delhi, who is in charge of Security is going to be new Additional CP Administration with Delhi police. He is an IPS officer of the UT cadre who belongs to the 1989 batch. He will succeed Deependra Pathak who has joined the Petroleum Ministry as Director.

Negi is Director Ayush
Meenakshi Negi has been appointed Director Ayush in the Government of India. Negi is 1989 batch IFS officer of Karnataka cadre.

Sudhakar goes to Hyderabad on deputation
Dr. G Sudhakar has gone on deputation to Hyderabad as Director in EPTRI. He is 1991 batch IFS officer of Uttar Pradesh cadre.

Indirani Dutta to be Judge of MP High Court !
Name of Vidisha District Judge Indirani Dutta is doing the round for the post of the Judge of the Madhya Pradesh High Court.

Ravi Shankar is JS IT
N Ravi Shankar is taking over in a day or two as new Joint Secretary Information Technology in the Government of India. He is 1980 batch IAS officer of Uttaranchal cadre.
( We said this on July 3 )

CSS officer Majhi to go to Hague
D P Majhi, a CSS officer, belonging to the Health cadre has been nominated by the DoPT for a long term training programme in Development Studies with major in Public Policy and Management in the Institute of Social Studies(ISS),the Hague, Netherlands. Majhi is currently on deputation to NHAI.

Who is the Highest paid journalist ?
Who is the Highest paid journalist in India? Rajdeep Sardesai of the IBN 7 or Punya Prasun Bajpai of the Sahara Samay. Bajpai is reported to have joined as Editor in Chief of the Sahara Samay on the package of one crore per annum .

Clean chit to Swaraj Puri

The Madhya Pradesh High Court has dismissed the case pertaining to former Director General of Police(DGP)with Madhya Pradesh Government Swaraj Puri.He was facing a law suit for allegedly giving false information to get his son admitted in an Engineering college.However,Indore bench of MP High Court has dismissed the suit againt 1969 batch IPS officer Puri who retired as DG Home Guards on August 31,2007.The verdict was pronounced by Mr.Justice W.A.Shah.

IAS officer wins defamation case in Uttar Pradesh
1984 batch Uttar Pradesh cadre IAS officer Anant Kumar Singh has won a defamation case after the conclusion of 10 year long trial. A journalist of a English Daily has been punished with one year rigorous imprisonment and Rs 5,000/- as fine under section 500 of the IPC for publishing a concocted and defamatory interview.

Sumit Awasthi to join Aajtak ?
Grapevine has it that Political Editor of the IBN7 Sumit Awathi is quitting to return to the parent news channel AajTak.

Narayanan to commence celebrations in NPA
National Security Advisor M K Narayanan will commence Diamond Jubilee celebrations at National Police Academy, Hyderabad on September 15.Hectic preparations are on under Dr G S Rajgopal Director of the Academy.

Rao is back to Sikkim

On return from Central deputation, A Shankar Rao has been posted as IGP /Training. He is 1987 batch IPS officer of Sikkim cadre.

Top appointments in Pakistan
The Pakistan Government has appointed Shakil Durrani as chairman of Pakistan Water and Power Development Authority. Ghiasuddin, secretary ministry of local government and rural development has been made Secretary Railways. Muhammad Baseer MD of Sui Southern Gas Company (SSGC) has been appointed as managing director, Pakistan Electric Power Company (PEPCO). Azeem Abbas, senior general manager, SSGC will now be acting MD SSGC.

IAS reshuffle in Punjab

There is IAS reshuffle in Punjab. New postings are :-Mssrs G S Sandhu Principal Secretary Finance,R C Nayyar Principal Secretary Forests,,Dr Swarn Singh Principal Secretary Culture,R S Sandhu Principal Secretary Development,T R Sarangal National Rural Health Mission Project Director,Dr Roshan Sunkaria MD Punjab Health System Corporation,Surinderjeet Singh Sandhu Presiding Officer College and School Tribunal and B S Sudan Commissioner Firozpur Division.

IAS changes in Uttar Pradesh
Chaub Singh Verma has been appointed CEO of Taj Express Authority.Ashok Kumar Duggal,Deepak Agrawal,Ajay Kumar Shukla and Rajeshwar Prasad Singh will now be DMs of Sitapur,Gajiabad,Sonbhadra and Kabirnagar respectively.

FORUM

HRCs should be controlled by bureaucrats

I beg to differ with Singhal. Human Rights Commissions are mostly controlled by retired judges and these bodies have become post retirement settlement place for them. Till date they have not been able to contribute much. If Human Rights is implemented in true spirit half the problems of this country would be solved. Rather the Bodies like Information Commission, CVC and Election Commission are doing far better jobs as they are controlled by ex-Bureaucrats. It would be rather better that these bodies be placed under Bureaucrats who can deliver better results.
Arvind Dubey

Will CVC look into my complaint ?

As per the news item published in Indian Express 0f 3rd Sept.2007,Central Vigilance Commission has come across atleast 30 cases of harassment of whistle blowers. As per the news item, government has appointed Joint Secretary from Ministry of Home Affairs as nodal officer to ensure adequate protection for whistle blowers on the "direction" of the CVC. Under the Public Interest Disclosure Resolution CVC has been entrusted with the responsibility of protecting the whistle blowers from administrative harassment and not some JS in MHA. But CVC appears to have passed on the responsibility to a Joint Secretary in Ministry of Home Affairs. May be after some time this responsibility will be passed on to Joint Secretary in Min of External Affairs . Even after passing of Public Interest Disclosure Resolution following murder of Satynder Dubey and resultant public reaction and a PIL filed in Supreme Court, administrative bosses hardly feel deterred in dealing harshly with all those who have the temerity to resist and speak against corruption in their departments. To give my own example, I was harassed and victimised for blowing whistle on high level corruption in defence estates department. By way of punishment I was transferred to Shillong in 2000 to a post without any charter of duties as Joint Director in an office having a dilapidated building unfit for human living with skeleton staff without peon or steno and made to sit virtually idle for almost five years perhaps in the hope that if I somehow got killed because of prevailing militancy in the North East no blame would accrue to the authorities and if I somehow managed to survive resultant hardship would make an example of me and no one would ever dare speak against corruption in Defence Estates Department. Not only that even permission to avail treatment from a CGHS approved hospital for my son suffering from serious kidney ailment was denied/delayed .Even sanction for leave availed has still not been accorded. I wrote to all including Cabinet secretary and PM to apprise them about my continued victimisation and harassment. After my posting to Delhi under orders of CAT Guwahati in 2005 my harassment and victimisation did not stop and continued with greater vigour. Just before my promotion to SAG I was served with a charge sheet in Feb 2007 on charges as flimsy as signing letters as Joint Director and not "for Director", writing a letter to Transparency International to supply their free of cost publication titled India Corruption Study to Improve Governance. This was done because even after my punishment posting I continued pursuing the matter with CVC and also sought information under RTI Act about certain actions of Director General of Defence Estates like how he was continuing to occupy general pool accommodation even when departmental accommodation had been constructed and how he had sanctioned a staff car for a Group B officer based at Bhuvaneswar his own hometown even when there were strict instructions by Ministry of Finance against purchase of new vehicles and also when many senior Defence Estates officers were without any vehicle. I have written to all including CVC but have yet to get any reply or relief. But what is most heartening is that inspite of my continued victimisation and harassment instead of officers being deterred from exposing corruption there has been a phenomenal increase in number of officers who have come forward to resist and expose wrong doings of senior officers by reporting the matter under their own names.

Sudhir Chopra

Fate of this agreement

Tere waide pe jeeyay hum yeh jaan jhoot jana,
Khushi se mar na jaatey gar aitbar hota.
Let the new Government come and then see the fate of this agreement/promise. Initiative will come from the self seeking bureaucrats themselves.
S P Singal

Aaj Ki Aawaz

Commies have taken to mohallas and gallis!!!
In their own way giving UPA gaalis!!

They say stir is Nationwide….. but in most parts of the Nation they don't matter!!
In most parts a Commie is taken to be a mad hatter!!!

Commies say that UPA is taking India to the American fold!!!
So now they are coming out why they want to knock out 123 Deal cold!!!

Why can't they see that India is now keeping a balance????
Correcting the old pro Russia imbalance!!!

Communism teaches one to be suspicious of everything and everyone!!!
Why in Communism a father is taught to suspect even his own son!!!

Now in the Commie lot there are two groups….. one who have 'enjoyed' power!!!
And to withdraw support they cower!!!

The other group who have been 'powerless' demand 'pull the plug'!!!
They are the ones who demand that from under UPA's feet ' pull the rug'!!!

What have we got from Russia ……. obsolete stuff at very high cost!!!!
And don't forget the fixed Rouble Rupee exchange rate by which more money was lost!!!

China is what one can call a dormant enemy…. never to be trusted!!!
Our trust in the past China busted!!!

Had this Deal been with Russia and China Commies would be only too happy!!!
And had India bargained hard Commies would have turned crappy!!!

What the Commies fail to address is the good that this Deal ushers in!!!
Just because it's with America they want to put it in the bin!!!

As I see it Commies who have enjoyed power and UPA are just marking time!!!
And while marking time they continue to throw at each other grime!!

I predict that in the next general election Commies will get a jolt in West Bengal !!!
And the fewer seats they win will be by baal baal (narrow margins)!!!

Why the Panel when they could have just called a meeting of UPA and Commie CC,
Wouldn't that have been more apt and easy???

By making a panel now they've made NDA feel left out!!!
And now on this NDA rightly karr raha hai shout!!!

Amar Singh says UNPA will not disintegrate!!!
And in the same breath Congress ko karta hai berate!!!

Is he very sure that Amma and Naidu will not go with BJP if power is in reach!!!
For power both will be first to cause in UNPA a breach!!!

Though both may support externally!!!
Power without responsibility which is the USP when support is not extended internally!!!

With midterm spectre looming BJP is petitioning EC 'Chawla should be removed'!!!
BJP feels Chawla's Congress links have beyond a doubt been proved!!

Sonia Madam is worried that lagh sakthi hai boori nazar!!!!
On the rear of her car she should put a slogan ' mooh kaala of those with boori nazar'!

And she and her coterie should now sport 'kaala thills'!!
Of course Congress Party will be footing the kaala thill bills!!

There is no denying she's gone from strength to strength and now comes the exam!!
Hope for the upcoming exam the correct syllabus kiya hai Sonia and coterie ne cram!!

The Upahaar Tragedy case has dragged along in Courts for quite some time!!
Most who lost their lives were kids and those in their prime!!!

Greed and negligence seem to be the cause of tragic incident!!
And via the sentence hope a strong message will be sent!!

Now what will be Big B's next excuse for the Barabankhi Land grab!!!
He and his Bhaiya Amar must be at work in their yarn spinning lab!!

Maybe now he'll say that he's not to blame!!!
He took legal advice at every step and his Legal team are the one's that put him to shame!!

Stock Markets are the epitome of nervousness and Indian Markets are shaking!!!
Because all see a mid term general election in the making!!!

If before the Budget the mid term poll is announced Indian Markets will slide!!!
Fall will be steep and investors will have no place to hide!!

Sensex falling to 12000 levels is a possibility!!!
And the Indian small Investor will be the causality!!!

Bharat Kumar
Aaj_ki_aawaz@yahoo.com

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CORPORATE

SECL needs CMD
A hunt is on for a suitable candidate to hold the post of CMD in South Eastern Coalfields Ltd (SECL) of which head office is in Bilaspur.

Central Coalfields to get mini Ratna status

Central Coalfields Ltd, a subsidiary of Coal India Ltd is all set to get mini Ratna status.

Pandit appointed MD
Ranjit V Pandit has been appointed Managing Director of the Investment firm General Atlantic in its Mumbai office.Earlier Pandit the Chairman of McKinsey & Company, India.

Ravi Kant elected President
Managing Director of Tata Motors Ravi Kant has been elected President of the Society of Indian Automobile Manufacturers. Pawan Goenka will be the Vice-President.

Mishra is MD in AP

Shalini Mishra Executive Director and Special Housing Commissioner, has been appointed as MD, AP Rajiv Swagruha Corporation Ltd. She is 1988 batch IAS officer.

IDeaS Revenue Optimization chosen by Oberoi Hotels & Resorts

IDeaS, the leading provider of hospitality revenue optimization solutions and one of the industry's fastest growing technology companies has announced that IDeaS Revenue Optimization has been selected by famous group of Oberoi Hotels & Resorts in India.Manish Singh, Vice President - Distribution and Revenue Management, Oberoi Hotels & Resorts said, "Our Revenue Management team evaluated the leading players in the RMS market place and we felt that IDeaS V5i on-demand system combined with IDeaS implementation process offered the best opportunity to realize the benefits of an automated RMS approach. For Oberoi & Resorts innovation, sustainability and minimizing risk are imperative and IDeaS, we feel, is the leader in these areas."

Kingfisher Airlines selects OnAir's mobile phone and internet services

The OnAir has announced that it has been selected by Kingfisher Airlines to offer its passengers a full range of passenger communication services. Kingfisher Airlines of which Chairman is Dr.Vijay Mallya ,in 2008 will give long-haul passengers facility to use Webmail OnAir, Webchat OnAir followed in 2009 by Internet and Mobile OnAir to access the Internet during flights, as well as send and receive emails and make and receive phone calls.OnAir's services will initially be installed on five new Airbus A330s and five new Airbus A340s with plans in place to install the system across its entire longrange fleet. Kingfisher Airlines will use its A330s on routes to Europe and Asia, while the A340s will service longer nonstop flights, such as to the USA.Hitesh Patel, Executive Vice President, Kingfisher Airlines, said, "We pride ourselves on our high levels of service, including state-of-the-art inflight entertainment and Live TV at every seat. Being the first, not just in India but also in the world, to offer our guests all of OnAir's communications services, is truly a great opportunity."Benoit Debains, CEO of OnAir has expressed his happiness for being selected by Kingfisher airlines.Fees will be based on data download for Internet usage, and per flight for webmail and instant messaging, and for Mobile OnAir the cost will be similar to international roaming rates, with passengers being billed by their operator on their regular bill.

.Lafarge ropes in Sandip Ghosh

Sandip Ghosh has joined Lafarge India as Seenior Vice President(VP) & Head of corporate affairs. Earlier he was VP in HT Media.

Dr Suresh Mehrotra has his lips sealed, if you have any whispers then send it to us
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