What people say about us!

Very informative site surface on daily basis but information regarding banking sector is lacking

Anil Kaul

POLITICS

Moti Lal Vora to be Chief Minister of Chhattisgarh ?
In case Congress Government comes to power in Chhattisgarh Moti Lal Vora is likely to become the Chief Minister till the Lok Sabha elections

BUREAUCRACY

Sudhir poised to move to Sydney as Counsel General
As the grapevine has it, Sanjay Sudhir, Joint Secretary, MEAO, may soon move to Sydney as Counsel General. The 1993 batch Indian Foreign Service officer is currently serving with the offices of External Affairs Minister as Joint Secretary.

Arya to retire on Nov 30 adding one more vacancy of GM Railways
S V Acharya is scheduled to superannuate on November 30 adding one more vacancy for the takers waiting in the wings. The vacant posts of GM will now increase to five. In addition to that this may increase to six in case the VRS proposal of Rajeev Bharadwaz, GM, RWF, is accepted by the Railway Board.

M K Singh selected as CMD, BRCIL
M K Singh, Director (PM), BRCIL, has been selected for the post of CMD, Bridge & Roof Company Limited at a Public Enterprises Selection Board (PESB) meeting held on November 29, 2013. As many as 11 persons were interviewed for the same.

Addl . Charge of DVC for CMD NTPC
Dr Arup Roy Choudhury, CMD, NTPC has been given Addl. Charge of Chairman, Damodar Valley Corporation Ltd. w.e.f. from November 28, 2013 till appointment of a regular incumbent or until further orders. Dr. Roy Choudhury, took over as CMD NTPC on September 01, 2010, and the company has been growing from strength to strength under his leadership. NTPC achieved highest ever capacity addition for third consecutive year during his tenure. During the financial year 2012-13 , NTPC added 4170 MW against 2820 MW in financial year 2011-12 and 2490 MW in financial year 2010-11. NTPC achieved a record capex of Rs. 19,925.53 crore (standalone) during financial year 2012-13 against Rs 15,993.52 crore during financial year 2011-12, an increase of 24.50 %. NTPC has a planned capex of Rs. 20,200 crore for financial year 2013-14. He has recently authored a book 'Management by Idiots 'which has been very well received.

Post of CMD, NHPC lying vacant for two years
The post of CMD, NHPC is learnt to have been lying vacant since January 1, 2011. However, an Andhra Pradesh cadre IAS officer of 1991 batch, G Sai Prasad, who is working as Joint Secretary in the Ministry of Power, has been entrusted with the responsibility of the CMD.

Srivastava is scheduled to retire on November 30
Bipin Bihari Srivastava is all set to demit the offices on November 30. The 1978 batch IAS officer of Bihar cadre is serving as Secretary, Department of Land Resources.

Bharat Singh empanelled as Joint Secretary in GoI
Bharat Singh has been empanelled for the post of Joint Secretary or equivalent in Government of India. He is a 1984 batch officer of Indian Ordnance Factory Service.

S S Barve empanelled as Joint Secretary in GoI
S S Barve has been empanelled for the post of Joint Secretary level in Government of India. He is a 1987 batch IPS officer of Maharashtra cadre.

Appointment of Reddy as CVO cancelled
The appointment of L.Raja Shekhar Reddy, IRS (IT:89), as Chief Vigilance Officer (CVO) in the Projects & Equipments Corporation Limited (PEC), Delhi under the Ministry of Commerce & Industry, has been cancelled.

New panel of officers for CVO in PEC on anvil
A panel of suitable/willing officers for consideration to the post in PEC is likely to be sent at the earliest.

Chinmay Basu heads fourth state finance commission in Odisha
The Odisha government has constituted the fourth state finance commission with former bureaucrat Chinmay Basu as its Chairman .

Punjab Bureau of Investment Promotion on the cards
Deputy Chief Minister of Punjab Sukhbir Singh Badal has okayed the formation of India's maiden Punjab Bureau of Investment Promotion, an apex body for all industrial issues.

Karthik of 2008 batch Uttarakhand cadre confirmed in IAS
Adapa Karthik has been confirmed in Indian Administrative Service (IAS) with effect from September 1, 2010. He is a 2008 batch officer of Uttarakhand cadre.

Dr K Gopinath to undertake study tour to USA
Dr K Gopinath will be attending the study tour on 'Forecasting and Future Modeling' under the sustainable landscapes and adaptation programme in United States from December 2 to 10, 2013. He is an IFS officer of Andhra Pradesh cadre.

Khan is new DG ACB in AP
APSRTC MD A K Khan has been posted as new DG of the Anti-Corruption Bureau in Andhra Pradesh.

Bureaucratic reshuffle in Odisha next week
A bureaucratic reshuffle is expected to take place in Odisha next week.

Rear Admiral Ajit Kumar to head Indian Naval Academy
Rear Admiral Ajit Kumar P is taking over as head of the reins of the Indian Naval Academy at Ezhimala .

Vinod Agarwal appointed as Adviser, Inter State Council
Vinod Agarwal has been appointed as Adviser, Inter State Council, Secretariat under the Ministry of Home Affairs, in the rank and pay of Additional Secretary. Agrawal, who is presently in the cadre, belongs to 1980 batch IAS officer of Jharkhand cadre.

(We said this on November 29, 2013)

A K Thakur is also Secretary, Agriculture and Cooperation
A K Thakur, Secretary, Department of Animal Husbandry, Dairying and Fisheries, Ministry of Agriculture, has been assigned an additional charge of Secretary, Department of Agriculture and Cooperation till the return of Ashish Bahuguna from leave. Thakur is a 1979 batch IAS officer of
Assam-Meghalaya cadre.

Antony Chacko is also Chairman, HMT Machine Tools
Antony Chacko, Director (Operations), HMT, has been assigned an additional charge of Chairman, HMT Machine Tools Limited after Harbhajan Singh (IAS) was relieved from this additional charge. Chacko, who has also been Managing Director, Ferro Scrap Nigam Ltd, joined HMT in August 2012.

Book by NTPC, CMD sold out
It really seems that people enjoy reading books which can be finished off in an hour! The book Management by Idiots, written by Dr Arup Roy Choudhury, CMD, NTPC and Chairman DVC has been sold out. According to McGraw Hill, the book which was launched on November 8 by Padma Bhushan Dr E Sreedharan is being reprinted now so that the book is available in the market by the first week of December. Dr Roy Choudhury presented copy of his book to Sushilkumar Shinde, Union Minister of Home Affairs recently. The book is a short book consisting of 20 chapters. Written for today's reader who is hard-pressed for time, the book is dotted with enriching thoughts and striking illustrations The book reaches out to anybody who is willing to think differently, students, young executives, and anybody striving to cope with the demands of the corporate world. Dr Arup Roy Choudhury has an illustrious career spanning more than 34 years, and has been holding the position of CEO for over 12 years. The book shares his experiences that have helped him at work. According to Dr Sreedharan, "This book will be really a good inspiration to young... young technocrats particularly. Practical tips... how to handle a situation. And the tips to handle situation means mainly the tips to handle the people who are manning the situations. That is what he has been telling." In management circles also, this book has found takers. Padma Shree Dr Pritam Singh remarked after reading the book that "To say something which can be comprehended by the common people, it requires tremendous amount of endowment. That's where I find the language fascinating... . it flows in a rhythmic fashion like a river. And I say that it's a great book ... The author says " I am no management guru. Management experts may call people like us idiots, hence the title. I have shared experiences and insights that have helped me at work."

Syed Omar Jaleel posted as Spl Secretary, Minorities' Welfare in AP
Syed Omar Jaleel has been appointed as Special Secretary, Minorities Welfare Department in Andhra Pradesh. He is a 1998 batch IAS officer.

A K Sinha is also CIT (LTU), Kolkata
A K Sinha, Commissioner of Income Tax (Central-I), Kolkata, has been assigened an additional charge of CIT (LTU), Kolkata.

Two CCsIT get addl charges
V K Mishra, CCIT, Indore,has been assigned the charge of CCIT, Raipur while Mrs Promila Bhardwaj, CCIT, Shimla will hold the charge of CCIT, Panchkula.

Transfers and postings of IRS-IT officers
A number of officers belonging to Indian Revenue Service of Income Tax cadre have been shifted. Accordingly, Priyanka Singh has been shifted to CBDT as DCIT while Ved Parkash Kalia was posted to DGIT (IT&TP), Chandigarh and S S Parida is now CIT, Valsad Gujarat. Similarly, Sashi Saklani has been shifted to Directorte, Delhi; B Y Chavan to Directorate, Pune; Kiran Katta to Directorate Bangalore; Somnath Ukkali to Directorate, Bangalore and Pankaj Singhania to West Bengal and Neehar Ranjan Pandey was shifted to Directorate Delhi CCA.

Jageshwar Swarup Saharia appointed new Chief Secretary, Maharashtra
Jageshwar Swarup Saharia has been appointed as new Chief Secretary of Maharashtra. Saharia, who belongs to 1978 batch of this State cadre, will succeed J K Banthia.

CORPORATE

Rekhi appointed CMD, R Systems International Ltd
R Systems International Ltd has re-appointed Satinder Singh Rekhi as the Chairman and Managing Director (CMD) of the company w.e.f. January 1, 2014

Ranganath appointed Addl. Director, IFCI Limited
IFCI Limited has appointed S V Ranganath as Additional Director of the company

Gulabchand resigns as Director, RPG Life Sciences Limited
Ajit Gulabchand has resigned as Director of RPG Life Sciences Limited

Agarwal resigns as Director & MD, Eins Edutech Ltd
Akhil Agarwal has resigned as Director and Managing Director of Eins Edutech Ltd.

Sharma appointed Company Secy., Blue Coast Hotels Limited
Rajesh Sharma has been appointed as the Company Secretary of Blue Coast Hotels Limited.

(The views expressed in this column are of the contributors. We do not owe any responsibility, whatsoever, of the views of our surfers as they are their personal opinion. However, we would also request our contributors not to be personal, directly or indirectly, in presenting their views. Instead of countering the views which ‘X’ has already expressed, our contributors are advised to present their own views. Also be brief, say about 200 words at the most since any views longer than that if eliminated at our end would carry the risk of the contrbutor’s item losing its original essence)

RBI Governor
When new RBI Governor joined, market welcomed with cheers. Governor is more busy and concerned to contain inflation and minimize rupee dollar fluctuation. But he should see there is lot of difference in private and PSU banks working which is causing un-necessary difficulty and middle income group is not getting the required banking services. As per RBI directives S/B pass book should be issued to everyone but it is reported that private banks (such as icici, hdfc, hsbc etc.) are not issuing passbooks to S/B account holders. Where as PSU banks invariably issuing passbooks. Secondly PSU banks have minimum balance requirement of Rs. 1000/- with cheque book facility but private banks are insisting minimum balance of Rs. 10,000/ and in some cases Rs. 25,000/. A middle income group people can not open S/B account in private banks. In case he approaches private banks, he is always discouraged. Can RBI take some measure in these cases and ask for compliance of issue of S/B passbook to all account holders within stipulated time and issue directive for opening the S/B account with minimum balance of Rs. 1000/- so both category of banks operate under same rule in one country and there is no discrimination in rules and regulations dealing private or PSU banks. Uniformity in banking services enhance the image of regulator.

N Prakash

DATE WITH RTI

Top	Click here for Your Feedback about this whisper	Next