Connect with us
Saturday,26-September-2026
Breaking News

National News

P. Chidambaram poses 20 tough questions on Rs 6 lakh Cr NMP

Published

on

P-Chidambaram

Senior Congress leader and former Union Finance Minister P. Chidambaram on Friday posed 20 questions on the Centre’s proposed National Monetization Pipeline (NMP) intended to ‘monetise’ certain assets and earn Rs 6,00,000 crore revenue over the next four years.

Stating that the government should answer the questions, he demanded to know the NMP objectives and whether it was solely intended to raise the revenues over the next four years.

Referring to the criteria adopted upfront to identify the PSUs that would be disinvested or privatised during the previous UPA government, Chidambaram queried whether the same is the case with the current NDA regime.

Pointing out that for infra projects like roads/highways, a PPP policy already exists, he asked what is the difference, if any, between this (PPP) model and the one that would be adopted by the Centre under the NMP, while addressing the media in the country’s commercial capital.

Moreover, if an asset is ‘monetised’ for 30-50 years, what is the value of the piece of paper that declares the government to be the ‘owner’ of that asset, what kind of asset will be returned to the government at the end of the period or would it be a “fully depreciated asset” worth practically nothing.

“Since the NMP is silent on the subject, will the government stipulate in the contract that the amount of depreciation should be put in a Depreciation Reserve Account which was used only to maintain, upgrade or add to the asset so that at the end of the lease period a valuable asset is returned to the government,” Chidambaram asked.

He also sought answers on whether there will be provision in the contract to prevent asset-stripping by the lessee, the terms included in the Invitation to Bid (ITB) to ensure that the ‘monetisation’ process does not create monopolies or duopolies in that sector, especially to prevent such (monopolies/duopolies) emerging in the ports, airports, telecom and power sectors.

The finance expert queried whether the lessee will manage the current levels of employment and the policy of reservations, or other policies, subject to sectoral regulators, etc., in the ‘monetised’ asset.

Harking to the UPA which identified the Railways as a ‘strategic sector’, he asked what are the other sectors the Centre has identified as ‘core’ or ‘strategic’ that would be kept out of the NMP purview.

“Has the government examined the impact of implementation of the NMP on the prices of goods and services in the sector/industry concerned? What will the government or the regulator do in case prices are increased by the lessee of the ‘monetized’ asset,” Chidambaram demanded.

Referring to the government’s revelation of the expected revenue of Rs 6,00,000 crore in four years, he asked whether the government would shed light on the total capital investment in the identified assets that are expected to yield the aforesaid revenue.

“The identified assets must be currently yielding a certain revenue every year. Has the government calculated the difference between the current revenue (undisclosed) and the expected revenue (of Rs 6,00,000 crore) over a period of four years? If so, what is the difference between the two amounts each year during the four year period,” Chidambaram asked.

On the government’s announcement that the NMP would be co-terminus with the National Infrastructure Pipeline (NIP) that is expected to require Rs 100 lakh crore, the ex-FM sought to know how the Rs 6,00,000 crore over a four year period be sufficient to finance a Rs 100 lakh crore NIP.

Furthermore, he sought an assurance from the Centre that the expected sum of Rs 6,00,000 crore “would not be merged with general revenues or used for general expenditure”.

Chidambaram further posed if the Rs 6,00,000 crore, when released, would not be diverted to partly-finance the fiscal deficit (Rs 5,50,000-crore in 2021-2022) or retiring old debts.

The Congress leader asked if the government floated a consultation paper on NMP, consulted various stakeholders including the workers or trade unions and demanded to know the outcome/minutes of these consultations.

He also asked whether the NMP was discussed in Parliament, and if not, whether the Centre plans to consult the Opposition Parties or debate in parliament.

Chidambaram said that the US is contemplating measures to contain monopolization and unfair trade practices of giants like Google, Amazon and Facebook, China has announced plans to rein in its giant tech firms and South Korea contained the influence of its huge family-controlled business conglomerates.

“Does the government intend to introduce similar measures while implementing the NMP,” Chidambaram asked, saying the Centre “is obliged to answer these questions”, and the media must demand replies from the government.

National News

Delhi SIR: ECI extends deadline for filing claims and objections till Oct 30

Published

on

New Delhi, Sep 26: The ECI on Saturday extended the deadline for Delhi electors to file SIR-related claims and objections by one month or till October 30 and fixed November 30 as the last date for disposal of notices and claims and objections, an official said on Saturday.

The earlier deadline for Delhi electors, whose names were missing in the draft electoral roll, to file Form-6 along with supporting documents was September 30.

“In view of the request received from CEO Delhi, the period for filing claims and objections has been extended by the Commission till 30th October, 2026. The period for disposal of notices and claims & objections has been extended till 30th November 2026,” said the ECI after a meeting at Nirvachan Sadan.

The meeting, chaired by Chief Election Commissioner Gyanesh Kumar and attended by Election Commissioners S.S. Sandhu and Vivek Joshi, also relaxed the provisions related to physical appearance of electors who have received SIR notice and allowed them or their representatives to attend hearings before election officials through online mode.

“In case of any person to whom notice has been issued during the ongoing SIR, for being unmapped and logical discrepancies, BLOs will visit the homes of such persons for collection of documents and thereafter upload them on the ECINet, for decision by the ERO,” said the ECI statement.

“Such persons need not be called for hearing to the ERO/AERO office. Only in exceptional circumstances, as decided by the ERO, the hearing will be held preferably online. Any adult member of the family can be authorised by the elector to attend the hearing on their behalf, if required,” the statement said.

“Facilities for the online hearing to be strengthened. DEOs (District Election Officers) will create adequate number of help desks/hold special camps for the people living in night shelters, labourers, poor people, homeless, etc as per requirement,” it said.

The CEC-chaired meeting also extended the deadline for filing claims in Maharashtra.

“As per the request received from CEO Maharashtra, the period for filing claims and objections in Maharashtra has been extended by the Commission till 12th October, 2026. The period for disposal of notices and claims & objections in Maharashtra has been extended till 10th November 2026,” said the ECI. Earlier, the deadline for disposal of claims and objections was October 3.

The poll panel said that SIR has already been completed in 20 States/UTs including Bihar and West Bengal. Any person whose name has got left out during SIR or thereafter, and any person, including young/ first-time voter, may apply to the concerned ERO for inclusion of their name in the electoral rolls under the process of continuous updation.

In recent months, the Commission has taken numerous decisions, including SIR across the country. The order for the SIR issued on June 24, 2025, for all the States/UTs, starting with Bihar, followed by West Bengal and 30 other States/UTs, was issued with the unanimous approval of the Commission, said the statement.

The same has been upheld by the Supreme Court. The schedule for SIR for 12 States and UTs was issued on October 27, 2025, and those for 19 States/ UTs was issued on May 14, 2026 with the unanimous approval of the Commission, said the ECI.

The final figure of the number of electors will be known only after final publication in the remaining 12 states of Phase-III, it said.

Continue Reading

National News

HM Amit Shah pitches for women-led cooperatives in Kerala

Published

on

Kundara (Kollam), Sep 26: Union Home and Cooperation Minister Amit Shah on Saturday asked Kerala’s Cooperation Minister M. Liju to visit New Delhi and work out a comprehensive plan with the Centre to strengthen the cooperative sector in the state, while pitching women-led cooperatives as a key driver of rural economic empowerment.

Addressing a large women’s cooperative gathering at Kundara, HM Shah said Kerala had a strong foundation in the cooperative movement and urged the state to make greater use of the potential in sectors ranging from agriculture to fisheries.

“I don’t know how to speak Malayalam, but I give all of you my respects,” the Home Minister said at the outset, before welcoming those attending the programme.

HM Shah said the demand for a separate Ministry of Cooperation had existed since Independence and became a reality under Prime Minister Narendra Modi.

He said Kerala, with its long cooperative tradition, was well placed to benefit from the Centre’s initiatives.

He said more than 23,000 cooperative units were functioning in Kerala and urged the state to work with the Centre on expanding their activities.

“I am requesting the State Cooperation Minister to come to Delhi and work out plans to strengthen the cooperative sector,” he said.

HM Shah also highlighted the role of the National Cooperative Consumers’ Federation of India (NCCF) and NAFED in promoting women entrepreneurs.

He said NCCF was expanding its retail network and that Vanitha She Marts would provide women with a direct route to markets for their products.

He said products would be sourced directly from farmers, while cooperative institutions could help create stronger market linkages.

Referring to the Centre’s programmes, HM Shah said Bharat Atta and Bharat Rice were now available in Kerala and spoke of initiatives under the Atmanirbhar Bharat programme for providing pulse seeds to women.

He also distributed scholarships to children at the function.

HM Shah said the cooperative movement could become an important instrument for women’s economic empowerment, particularly in rural areas.

He cited the participation of women in NAFED and NCCF-related activities as an indication of the scale of the opportunity.

He also referred to measures taken by the Modi government for women, including the opening of bank accounts, the extension of maternity leave to 26 weeks, and changes concerning Muslim women and Haj.

Turning to Kerala’s coastline, HM Shah said the state had huge potential in the fishing sector and that the emerging blue economy could provide another area for cooperative expansion.

He asked the state Cooperation Minister to discuss the possibilities during his proposed visit to Delhi, particularly the scope for bringing the fisheries sector further into the cooperative framework.

HM Shah also said the Centre was ready to assist states in developing organic farming protocols and related initiatives.

The Home Minister arrived in Thiruvananthapuram on Saturday afternoon and flew by helicopter to Kollam for the Kundara programme, his first public engagement during the visit.

The programme, titled Sahkar Se Samriddhi, is aimed at strengthening women’s participation in the cooperative sector.

Minister of State for Tourism Suresh Gopi, State Cooperation and Excise Minister Shiju, Tourism and Culture Minister P.C. Vishnunath, state BJP president Rajeev Chandrasekhar and Kollam Lok Sabha member N.K. Premachandran attended the function.

Continue Reading

Crime

Murder accused absconding since 2020 arrested by Delhi Police after six years

Published

on

New Delhi, Sep 26: The Delhi Police Crime Branch has arrested the main accused in a 2020 murder case registered at Jahangir Puri Police Station, who had been absconding for nearly six years and frequently changed his places of stay to evade arrest, officials said on Saturday.

The accused, identified as Md. Sheikh Shabbir, 35, was arrested from Kanjhawala on September 25 under Operation Kavach, launched by the Delhi Police to identify and apprehend hardcore and long-absconding criminals involved in heinous offences.

According to the Crime Branch, the team of Inspector Pankaj Thakran of NR-1 was actively working to trace absconding accused involved in murder and dacoity cases. During the operation, Constable Ankush developed specific information regarding Shabbir’s whereabouts and learnt that he was hiding in Kanjhawala Gaon.

The information was subsequently corroborated through field verification and technical surveillance. A raiding team comprising SI Bhagyashri, ASI Anil, ASI Sumit, ASI Ajay and Constable Ankush, led by Inspector Pankaj Thakran, was constituted under the supervision of ACP Ashok Sharma.

On September 25, the team conducted a coordinated raid in the Kanjhawala area and successfully apprehended Shabbir, who had been evading arrest for approximately six years.

The accused was wanted in connection with the murder of Siraj Ali, 35, who was working at his meat shop at Jhuggi No. G-636 in Jahangir Puri on April 29, 2020.

According to the police, an argument broke out between Siraj Ali and Shah Alam, son of Sheikh Jahoor, over the price of meat. The dispute escalated into a physical assault. Shah Alam, along with his associates Md. Sheikh Shabbir, Siraj, Salim, Jahoor and Shakil, allegedly assaulted Siraj Ali with iron rods and wooden sticks.

The victim sustained serious injuries and subsequently succumbed to them.

Following the incident, FIR No. 231/2020 dated April 29, 2020, was registered at Jahangir Puri Police Station under Sections 302, 323 and 34 of the Indian Penal Code.

While the other accused persons were arrested during the investigation, Shabbir managed to evade arrest and remained absconding. The police said he frequently changed his places of residence to avoid detection.

Shabbir, a resident of Jahangir Puri, studied up to Class 12 and was working as a scrap dealer in the Kanjhawala area. Police said he had reportedly fallen into bad company during his early teenage years and was also addicted to alcohol.

He was previously involved in two cases registered at Mangol Puri and K.N. Katju Marg police stations under various sections of the IPC.

Continue Reading

Trending