DURGA SHANKAR MISHRA

dhfl-pf-scam:-agrawal-in-the-eye-of-storm,-out-of-race-from-up-cs-post

DHFL-PF Scam: Agrawal in the eye of storm, out of race from UP CS post

After the Uttar Pradesh Economic Offence Wing, in its initial investigations, found his suspicious role into the EPF scam Union Agriculture Cooperation and Farmers Welfare Secretary Sanjay Agarwal (IAS:1984:UP) proceeded on leave. Further, the NaMo administration on Thursday assigned the additional charge of Agriculture to Rural Development Secretary Amarjit Sinha (IAS:1983:BH).

Earlier, it was believed that Agarwal, in addition to Union Urban Development Secretary D S Mishra (IAS:1984:UP), was in race for UP Chief Secretary post. Reportedly, Agarwal is out of race as he may be chargesheeted now whereas D S Mishra remains the alone claimant of CS. Those in the know of the affairs say that in the new scenario the Yogi Govt may draft R K Tiwari (IAS:1985:UP) as full-fledged Chief Secretary of UP. Tiwari has been in the additional charge of CS since September 01, 2019.   

It may be underlined that Agarwal was among five officials who took the decision to invest a portion of the PF in the stressed Dewan Housing and Finance Limited (DHFL). He was the Chairman of the UP Power Employees Trust (UPPET) and the Uttar Pradesh Power Corporation Limited (UPPCL) during the period 2013-2017.

EOW has already arrested three of the five officials present at the meeting on March 22, 2017 – just three days after the Yogi Adityanath-led BJP formed the government in UP. It may be underlined that a few days before the meeting, Rs 18 crore was transferred to DHFL. UPPET invested Rs 2,631 crore in DHFL, which has been investigated for alleged links with mafia don Dawood Ibrahim.

14 Nov 2019
nbcc-signs-annual-mou-with-ministry-of-fy-2019-20

NBCC signs annual MoU with Ministry of FY 2019-20

NBCC (India) Ltd, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA) has signed Memorandum of Understanding (MoU) for the FY 2019- 20 with its administrative Ministry on 3rd June 2019. The signed MoU outlines performance targets for the Company based on various financial parameters, dynamic parameters, sector specific and enterprise specific parameters. Sales turnover of the company has been fixed at Rs. 9,500 crore and operating profit has been targeted at 5% of revenue from operations (net). Profit After Tax (PAT) has been targeted as 27% of Average Net Worth.

 

Further, the MoU has laid specific emphasis on achieving set parameters with respect to completion of projects above Rs. 150 crore without time overrun. Among other additional parameters significant to the MoU, include new order-book target, return from three subsidiaries of the company, Human Resource Management and procurement of large number of overseas orders.

 

The annual MoU has been signed by Durga Shanker Mishra (IAS:1984:UP) on behalf of the MoHUA and Das Meena (IAS:1989:TN), CMD, NBCC, on behalf of NBCC.

 

Senior Executives from the Ministry and NBCC were also present on the occasion. Giving broad outlook to the Company’s future operations and growth scale, CMD, NBCC said that NBCC is aggressively focusing upon project implementation to convert the projects in-hand into deliverables, thereby enhancing its brand value. Capitalising on new market opportunities by strengthening its core competencies, pursuing high-value projects in domestic and overseas markets and diversifying into new areas of operation, NBCC is poised to achieve enviable heights this year onwards.

 

During the FY18-19, NBCC (India) Ltd. has registered a turnover of Rs. 7,141.60 crore (21.63% growth over previous year) and net profit of Rs. 384.11 crore (an increase of 15.14% over previous year). 

06 Jun 2019
dhfl-pf-scam:-agrawal-in-the-eye-of-storm,-out-of-race-from-up-cs-post

DHFL-PF Scam: Agrawal in the eye of storm, out of race from UP CS post

By IndianMandarins 14 Nov 2019

After the Uttar Pradesh Economic Offence Wing, in its initial investigations, found his suspicious role into the EPF scam Union Agriculture Cooperation and Farmers Welfare Secretary Sanjay Agarwal (IAS:1984:UP) proceeded on leave. Further, the NaMo administration on Thursday assigned the additional charge of Agriculture to Rural Development Secretary Amarjit Sinha (IAS:1983:BH).

Earlier, it was believed that Agarwal, in addition to Union Urban Development Secretary D S Mishra (IAS:1984:UP), was in race for UP Chief Secretary post. Reportedly, Agarwal is out of race as he may be chargesheeted now whereas D S Mishra remains the alone claimant of CS. Those in the know of the affairs say that in the new scenario the Yogi Govt may draft R K Tiwari (IAS:1985:UP) as full-fledged Chief Secretary of UP. Tiwari has been in the additional charge of CS since September 01, 2019.   

It may be underlined that Agarwal was among five officials who took the decision to invest a portion of the PF in the stressed Dewan Housing and Finance Limited (DHFL). He was the Chairman of the UP Power Employees Trust (UPPET) and the Uttar Pradesh Power Corporation Limited (UPPCL) during the period 2013-2017.

EOW has already arrested three of the five officials present at the meeting on March 22, 2017 – just three days after the Yogi Adityanath-led BJP formed the government in UP. It may be underlined that a few days before the meeting, Rs 18 crore was transferred to DHFL. UPPET invested Rs 2,631 crore in DHFL, which has been investigated for alleged links with mafia don Dawood Ibrahim.

nbcc-signs-annual-mou-with-ministry-of-fy-2019-20

NBCC signs annual MoU with Ministry of FY 2019-20

By IndianMandarins 06 Jun 2019

NBCC (India) Ltd, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA) has signed Memorandum of Understanding (MoU) for the FY 2019- 20 with its administrative Ministry on 3rd June 2019. The signed MoU outlines performance targets for the Company based on various financial parameters, dynamic parameters, sector specific and enterprise specific parameters. Sales turnover of the company has been fixed at Rs. 9,500 crore and operating profit has been targeted at 5% of revenue from operations (net). Profit After Tax (PAT) has been targeted as 27% of Average Net Worth.

 

Further, the MoU has laid specific emphasis on achieving set parameters with respect to completion of projects above Rs. 150 crore without time overrun. Among other additional parameters significant to the MoU, include new order-book target, return from three subsidiaries of the company, Human Resource Management and procurement of large number of overseas orders.

 

The annual MoU has been signed by Durga Shanker Mishra (IAS:1984:UP) on behalf of the MoHUA and Das Meena (IAS:1989:TN), CMD, NBCC, on behalf of NBCC.

 

Senior Executives from the Ministry and NBCC were also present on the occasion. Giving broad outlook to the Company’s future operations and growth scale, CMD, NBCC said that NBCC is aggressively focusing upon project implementation to convert the projects in-hand into deliverables, thereby enhancing its brand value. Capitalising on new market opportunities by strengthening its core competencies, pursuing high-value projects in domestic and overseas markets and diversifying into new areas of operation, NBCC is poised to achieve enviable heights this year onwards.

 

During the FY18-19, NBCC (India) Ltd. has registered a turnover of Rs. 7,141.60 crore (21.63% growth over previous year) and net profit of Rs. 384.11 crore (an increase of 15.14% over previous year). 

team-pmo-in-namo-administration-2.0:-continuity-vs-disruption

Team PMO in NaMo administration 2.0: Continuity Vs Disruption

By IndianMandarins 29 May 2019

While addressing the Parliament the outgoing Prime Minister and Prime Minister­ designate Narendra Modi suggested the newly elected MPs and his partymen to abstain from speculations over portfolio allocation. But despite efforts to abstain; speculations keep circulating, in several formats by several means, about the prospects of who’s who.


Hours ahead of PM’s oath various speculations are gathering moment as who will continue and occupy top positions in crucial quarters and who all will be inducted in a fresh re-hashed ‘Team PMO’. When PM designate has mammoth task ahead of making India a 5 trillion dollor economy with investments of over 100 lakh crores for infrastructure development and over 25 lakh crores investment for rural sector it becomes imperative to explore the bandwidth capability of new ‘Team PMO’.  

 

Principal Secretary to PM: It is being considered as an open secret that Nripendra Mishra (Retd IAS:1967:UP), Principal Secretary to PM Modi, may be rewarded with gubernatorial assignments immediately after PM Modi’s oath on May 30. In all likelihood the PMO may be rehashed barring few officers allowed to continue with PMO. But replacement of Nripendra Mishra would be decided by Dr P K Mishra’s (Retd IAS:1972:GJ) next role in PMO. Power corridors are abuzz that Dr P K Mishra’s health issue constrains him from accepting further responsibilities. In case, Dr PK doesn’t chose to take rest his elevation as PM may elevate him as Principal Secretary to PM with the same role i.e. personnel matters.

 

Additional PS to PM:

You start talking to any senior civil servant, serving at Centre, about Dr P K Misra and you will get the same note; it would be too difficult for PM to find an alternative to Dr P K as he enjoyed unparalleled trust and comfort with PM Modi. Though, Mishra’s ageing too does rounds in crucial quarters. In case, Dr P K doesn’t chose to take rest PM may not look for his replacement though few names are often mentioned as his heir apparent namely;  K Kailashnathan (Retd IAS:1979:GJ), Ratan P Watal (Retd IAS:1978:AP). It is also said that initially Dr P K may be continued in his position but Rajiv Kumar (IAS:1984:JH) may become his replacement post his retirement next year.

 

National Security Adviser: Post CBI faction-feud it appeared for a while that something had fallen out of sync. But increasingly assertive (counter terrorism) operations in J&K and affirmative action in Balakot (post Pulwama) dettered the apprehensions. Now it is widely believed that PM Modi may not look for alternatives to his trusted lieutenants; Amit Shah, Ajit Doval (Retd IPS:1968:KL) & Dr P K Mishra. It is widely believed that PM may chose to continue Doval in NSA role.

 

Private Secretary to PM:

Having played flawless role as Secretary to PM Rajiv Topno (IAS:1996:GJ) too is being seen as the one whom PM may like to continue him in his  proven role. Further, A K Sharma (IAS:1988:GJ), Additional Secretary, PMO, too may be retained in next team PMO.

 

Secretary, PMO:

Though Bhaskar Khulbe (IAS:1983:WB), the incumbent Secretary, PMO is scheduled to complete his extended tenure next month (30 June) it is believed that his term may be extended for another six months. In case, he does not get extension then it may open avenues for several takers.

 

Cabinet Secretary:

Though; the outgoing Home Secretary Rajiv Gauba (IAS:1982:JH)  has occupied the imagination of whos who is power corridors as the heir-apparent of P K Sinha (IAS:1977:UP) completing his extended tenure as Cabinet Secretary in June second week one may not rule out the possibility of another extension to Sinha. In fact the present rule, technically, does not stop the possibility. In case of extension to Sinha appointment of next Cabinet Secretary may become a tricky question drawing a line between 1982 and 1983 batch.

 

Home Secretary:

Amid loud speculations over Rajiv Gauba’s prospects as next Cabinet Secretary; DIPP Secretary Ramesh Abhishek (IAS:1982:BH), Rural Development Secretary Amarjit Sinha (IAS:1983:BH), Urban Development Secretary Durga Shankar Mishra (IAS:1984:UP) and Banking Secretary Rajiv Kumar (IAS:1984:JH) are being seen as prospective claimants. In case; P K Sinha is given another extension Gauba would continue as Home Secretary until his two years fixed tenure ending August this year.

 

Defence Secretary: The outgoing Defence Secretary Sanjay Mitra (IAS:1982:WB) is set to retire this month end; the very next day after PM’s oath. It is believed that the top authorities may have identified Mitra’s successor. Power corridors are abuzz that Environment & Forests Secretary C K Mishra (IAS:1983:BH), Secretary Defence Production Ajay Kumar (IAS:1984:KL), Food & PD Secretary Ravi Kant (IAS:1984:BH) and Rajiv Kumar (IAS:1984:JH) would be among the officers in the reckoning. 

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.