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<ul><li>Relianche chairman <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> presented the demand draft to Tirumala Tirupati Devasthanam (<keyword id="6359076" type="General" weightage="80" keywordseo="ttd" source="Orion">TTD</keyword>). </li><li>The industrialist had darshan and participated in the rituals performed by the temple priests.</li><li><keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword> later visited <keyword id="12923699" type="General" weightage="50" keywordseo="ttd-goshala" source="Orion">TTD Goshala</keyword> and appreciated the efforts by the temple body in promoting cow worship. </li></ul> <keyword id="6355199" type="General" weightage="50" keywordseo="reliance-industries" source="Orion">Reliance Industries</keyword> chairman and managing director Mukesh Ambani on Friday donated ₹ 1.5 crore to Tirumala temple. After offering prayers at the famous hill shrine, he presented the demand draft to Tirumala Tirupati Devasthanam (TTD). The industrialist had darshan and participated in the rituals performed by the temple priests. He later reached <keyword id="4194061" type="General" weightage="50" keywordseo="ranganayakula-mandapam" source="Orion">Ranganayakula Mandapam</keyword> and handed over the DD to TTD executive officer A. V. Dharma Reddy. The TTD EO presented temple prasadam to the <keyword id="10926" type="General" weightage="50" keywordseo="reliance" source="Orion">Reliance</keyword> chairman while priests rendered Vedasirvachanam. Ambani later visited TTD Goshala and appreciated the efforts by the temple body in promoting cow worship across the country. <keyword id="302547" type="General" weightage="50" keywordseo="ysr-congress-party" source="Orion">YSR Congress Party</keyword> (YSRCP) MPs <keyword id="782316" type="General" weightage="50" keywordseo="vijayasai-reddy" source="Orion">Vijayasai Reddy</keyword>, M. Gurumoorthy and MLA Chevireddy Bhaskar Reddy were also present. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/global-artificial-intelligence-market-to-reach-450-bn-in-2022/articleshow/94269565.cms">Global artificial intelligence market to reach $450 bn in 2022</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/simply-put-moonlighting-is-wrong-but-is-it-really/articleshow/94260237.cms">SIMPLY PUT: Moonlighting is wrong... but is it really?</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/hectic-jobs-in-retail-and-quick-service-restaurants-is-leading-to-high-attrition-report/articleshow/94250545.cms">Hectic jobs in retail and quick service restaurants is leading to high attrition: Report</a>

Mukesh Ambani donates ₹ 1.5 crore to Tirumala temple

New Delhi, Cutting across party lines, <keyword id="48510" type="General" weightage="100" keywordseo="rajya-sabha" source="Orion">Rajya Sabha</keyword> members on Thursday supported the bill to provide 33 per cent reservation for women in the <keyword id="197797" type="General" weightage="80" keywordseo="lower-house-of-parliament" source="Orion">Lower House of Parliament</keyword> and state assemblies, even as some opposition members termed it an election gimmick. During the debate in the <keyword id="122785" type="General" weightage="80" keywordseo="upper-house" source="Orion">Upper House</keyword> on the 128th Constitution Amendment Bill that seeks to reserve a third of seats in the Lok Sabha and state assemblies for women, members also highlighted the need to accelerate the process instead of waiting for a fresh census and delimitation exercise. Taking part in the discussion, Elamaram Kareem of CPI(M), while supporting the bill, said the BJP had promised to bring the <keyword id="109340" type="General" weightage="20" keywordseo="womens-reservation-bill" source="Orion">women's reservation bill</keyword> in 2014 and in 2019 as well but did not take any action. He held the ruling party responsible for women's reservation losing nine years. This is an election gimmick by the BJP after losing elections in Karnataka and Himachal Pradesh, besides facing defeat in the civic polls in Delhi polls, he said. Citing violence against women in strife-torn Manipur and allegations of sexual harassment by women wrestlers, Kareem alleged the government cared little for women. Ram Nath Thakur of the JD(U) questioned the timing of bringing the 'Nari Shakti Vandan Adhiniyam'. Bharat Rashtra Samithi (BRS) MP K Keshava Rao stressed the need to accelerate the process for women's reservation and said the 2011 Census could be taken as the benchmark. He urged immediate appointment of the delimitation commission. MDMK's Vaiko also echoed similar sentiments. Saroj Pandey of the BJP said it was unfortunate that questions have been raised on the timing and the intent of bringing the bill. As the country celebrates 'Amrit Kaal', this was the ideal moment for such a legislation, she said. Asom Gana Parishad MP Birendra Prasad Baishya noted that the women's reservation bill has come at a "proper time" after failed attempts in the past. JD(S) leader H D Devegowda also supported the bill and recollected steps taken by him for women's reservation while he was the chief minister of Karnataka and also the prime minister. Manoj Jha of the RJD said demanded that the women's reservation bill be referred to a select committee to consider extending similar benefits to Other Backward Classes. V Vijayasai Reddy (YSRCP) also supported the bill and said the reservation for women must also be extended to Rajya Sabha and state legislative councils. KC Venugopal of the <keyword id="1575" type="General" weightage="80" keywordseo="congress" source="Orion">Congress</keyword> sought immediate implementation of the legislation. He also sought reservation for the OBC women under the bill. Venugopal claimed the <keyword id="6354477" type="General" weightage="80" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> government did not make any effort to bring the bill in the last nine years and it is due to the political calculations that the government has brought the legislation now. "Life-transforming legislations should come from the heart and not from the head," he said in the Upper House. Rajani Ashokrao Patil of the Congress and Mausam Noor of the <keyword id="26422" type="General" weightage="80" keywordseo="tmc" source="Orion">TMC</keyword> also supported the bill. Sulata Deo of the BJD, Subhas Chandra Bose Pilli of the YSRCP, Ravichandra Vaddiraju of the BRS and K Ravindra Kumar of the TDP also participated in the discussion. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/motorola-edge-40-neo-launched-in-india-specs-features-and-price/articleshow/103832280.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/motorola-edge-40-neo-launched-in-india-specs-features-and-price/articleshow/103832280.cms" target="_blank">Motorola Edge 40 Neo with with vegan leather back hits the Indian market</a> <a href="https://www.businessinsider.in/tech/gadgets/news/amazfit-cheetah-series-smartwatches-with-ai-powered-running-coach-launched-in-india/articleshow/103836676.cms">A smartwatch in India now offers an AI-powered running coach</a><a href="https://www.businessinsider.in/sports/webstories/mohammed-siraj-leads-icc-odi-rankings-kohli-rohit-sharma-and-other-top-ranked-players/slidelist/103828281.cms" target="_blank"></a> <a href="https://www.businessinsider.in/sports/webstories/mohammed-siraj-leads-icc-odi-rankings-kohli-rohit-sharma-and-other-top-ranked-players/slidelist/103828281.cms" target="_blank">Siraj climbs to No. 1 in ODI ranking ahead of WC: Here are the other Indians in the top-10</a>

Cutting across party lines, Rajya Sabha MPs support women's reservation bill

New Delhi, Dec 11 () A parliamentary panel has called for restoration of financial credit instruments of Letters of Undertaking (LoU) and Letters of Comfort (LoC) but with proper safeguards.
 Voicing concern over discontinuation of LoU/ LoC that is impinging trade and commerce in labour intensive and MSME Sectors, the Panel expressed concern on the absence of any prescribed norms for resolutions of NPAs due to quashing of RBI Circular dated February 12, 2018 by Supreme Court: Recommends a realistic framework for resolution of stressed assets.
After Rs 14,000 crore fraud by diamantaire Nirav Modi, the RBI last year had decided to discontinue the practice of issuance of LoUs/ LoCs for trade credits for imports into India. 
The Department Related Parliamentary Standing Committee on Commerce, under the Chairmanship of V Vijayasai Reddy, MP, Rajya Sabha Wednesday presented the Report on 'Action Taken by Government on the Recommendations/ Observations of the Committee contained in its One Hundred and Forty Sixth Report on Impact of Banking Misappropriation on Trade and Industry' to the Rajya Sabha. 
 "It is strongly felt by the Parliamentary Panel that the financial credit sourced through borrowing instruments of LoU and LoC stimulated trade in the country because of their easy availability and cost effectiveness. 
 "The Committee, therefore, notes that a ban on these instruments would impinge the trade in labour intensive and MSME Sectors which are mainly dependent upon cheap credit. Hence, the Committee recommends that the Government should make prudential analysis for the restoration of LoU and LoC at the earliest with proper safeguards," a statement on the report's observations said. RSN DP RSN MR
MR

Par panel calls for restoration of financial credit instruments with proper safeguards

Goyal in Rajya Sabha(Eds: Updating with minister's response) New Delhi, Mar 17 () There is no plan to privatiseIndian Railways as it belongs to the people of the country,Railways Minister Piyush Goyal asserted in Rajya Sabha onTuesday after some members raised concerns over it.Replying to a discussion on the working of the Ministryof Railways, Goyal announced an investment of Rs 50 lakh crorein the national transporter over the next 12 years."I want to make it crystal clear that there is no planor proposal to privatise Indian Railways, it will not happen.Indian Railways belongs to the people of this country, it willremain so," Goyal said.Keeping in mind development of the railways, thegovernment may, however, bring in a few services under privatesector in order to provide better services to the passengers,he added.Participating in the discussion, several Rajya Sabhamembers raised concerns over the poor financial health of therailways, decline in job opportunities and delay in executionof major projects, besides privatisation of the nationaltransporter.Goyal said the government was committed to making IndianRailways world class in every aspect."In the next 12 years we are going to invest Rs 50 lakhcrore in the Indian Railways. We will do it in publicprivate partnership. We will also give the chance to thepeople of this country to be part of this process," he added.Goyal, in reply to allegations by Trinamool Congressmember Derek O'Brien, said that sharing of funds between theCentre and state governments for new railway projects wasstarted during the UPA regime of which the Trinamool Congresswas a part, and it was inherited by the BJP as a legacy.The minister, however, added it was "not a bad practice".Goyal cited various news reports on the performance ofthe railways under former Railway Minister and TrinamoolCongress chief Mamata Bannerjee. "I don't want to politicisethe issue of losses," he added. O'Brien had alleged step-motherly treatment to statesgoverned by parties other than the BJP, particularly WestBengal.Responding to complaints of delay in work, Goyal saidthat over the last five years the government has taken stepsto speed up various projects."In 2014-15 the capex (capital expenditure) for theIndian Railways stood at Rs 58,000 crore. This year Rs 1.61lakh crore capex is going to happen. This investment has ledto unprecedented work," the minister noted.Elaborating on the achievements of the government, hesaid that barring a few in Rajasthan, unmanned level crossingshave ceased to exist on the board gauge network across thecountry.On electrification of tracks, he said that out ofstated target to convert 6,000 kms last year, the governmenthas been able to complete 5,276 kms.In 2013-14, the length of electrified tracks in thecountry stood at of just 610 kms, he noted."Looking at the dedication of the railways employees, Ihave confidence that we will be able to achieve the target offull electrification by 2023-24," Goyal said.He said that the government has identified 58 projectsas "super critical" and 68 projects as "critical" and therailways is working to complete them on priority.He said that if the government gets support from thestate governments in terms of land acquisition, investment,the projects could be implemented with greater speed.Commenting specifically on West Bengal, he said therewere issues of land encroachment in the state which have hadimpact on various projects.Earlier participating in the debate, Minister of Stateof Railways Suresh Angadi said there were encroachments onboth sides of tracks in West Bengal.He said that during the protests against the amendedcitizenship law, maximum damage to railways property tookplace in the state.Citing the example of Kerala, Goyal sought help fromthe members to speed up projects across the country."Help us get land, if we get land and the stategovernment's share of investment, we will be able to fast-track the projects," he said.He said the Katra-Banihal rail line in Jammu andKashmir would be completed by August 2022.Citing other achievements, Goyal said the Rai Barelirail coach factory would roll out a record 2,000 coaches thisyear.He added that the Indian Railways has traced problem ofwater-logging in 2,044 underpasses, out of the total 8,519 inthe country."We have solved the issue in 715 of the underpasses sofar and the rest would be rectified in the next few months,"Goyal said.He said that about 99.5 per cent work on bio-toilets wascomplete and the rest would be completed soon.Goyal said that in order to achieve zero carbonemissions, the Indian Railways plans to generate 20,000 megawatt of electricity through solar infrastructure, helping itmeet its entire supply requirement.Earlier, leader of opposition Ghulam Nabi Azad soughtqueries regarding the work on various railways projects inJammu and Kashmir.Participating in a discussion on the working of theMinistry of Railways, several members referred to the largenumber of vacancies in the railways and said these should befilled up, thereby providing job opportunities to the younggeneration.Binoy Viswam of the CPI said the railways has aroundthree lakh vacancies and these should be filled up.Opposing privatisation of trains and stations, he saidthe national transporter has "forgotten its social aspect andsocial commitment".V Vijayasai Reddy of the YSRCP said the railways now hasan operating ratio of 98.4 per cent, which is the worst inlast 10 years.Moreover, the railways' revenue surplus is also fallingand suggested that "priority should be given to augmentationof its internal resources."He also said that fatality due to accidents has declinedthis year and hygiene at railway station has improved.Sanjay Singh of the AAP said that employmentopportunities are being ignored by the railways. Thegovernment is increasing outsourced works in the railways,where contractual labourers are being exploited.Praful Patel of the NCP raised concerns over the delay inseveral railways projects and suggested that the governmentshould think of cost benefit analysis of major works.He, however, supported PPP model in the railways, saying"we should be open minded."Jose K Mani of the KCM said that the railway isoverloaded with work and several projects such as doubling ofline in Kerala are long delayed.Neeraj Shekhar of the BJP said the Opposition ismisguiding the people about performance of the railways.Indian Railways has performed well in last five years, hesaid.The railways has installed 2.38 lakh bio-toilets between2014 and 2018. It has a capital expenditure of over Rs onelakh crore, has done doubling of 28,000 km tracks.Highlighting the safety records, Shekhar said that it hasnot witnessed a single accident in last one year.Over the operating ratio, he said that it was due toimplementation of the Seventh Pay Commission by the governmentin the railways.Husain Dalwai of the Congress said that the revenue ofthe Indian Railways should be increased.Dalwai also raised the safety issue of the Mumbaisuburban trains, saying that according to GRP data, 3,202people died in 2016-17 and 3,014 in 2018-19. He asked therailways to enhance the security measures to reduce the highnumber of fatalities.R S Bharathi of the DMK said that the government shouldcomplete the second unit of the Integral Coach Factory (ICF)in Perambur.Manoj Kumar Jha of the RJD, Veer Singh of the BSP and V PVaishya of the AGP and K K Ragesh of CPI(M) raised concernsover the privatisation of the railways.Other members who participated in the discussion are G CChandrasekhar (Congress), Kahkashan Perween (JDU), JugalsinhMathurji Lokhandwala (BJP), Anil Desai (Shiv Sena), SatishChandra Dubey (BJP), Mir Mohammad Fayaz (Jammu and KashmirPeoples Democratic Party) and Ram Narain Dudi (BJP). KRH KKSMSS MBI NAMSMN SMN

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Mukesh Ambani donates ₹ 1.5 crore to Tirumala temple

IANS

Cutting across party lines, Rajya Sabha MPs support women's reservation bill

PTI

Par panel calls for restoration of financial credit instruments with proper safeguards

PTI

No plan to privatise Indian Railways as it belongs to people:

PTI

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