GLOBAL LOCKDOWN

uttarakhand-government-offices-to-be-fully-functional-from-june-1

Uttarakhand government offices to be fully functional from June 1

In a kind of being the first state, the government offices in Uttarakhand including the state secretariat and Vidhan Sabha will come back to normal working hours as has been before the lockdown from June 1, 2020.

 

All government offices in the state will stay open from 10 am to 5 pm while the secretariat and state assembly from 9.30 am to 6 pm for five days a week as they used to before the lockdown. The new order replaces an order of May 2. There will be 100 percent attendance of class one and class two officers and 50 percent presence of class three and class four staff. The timing for the opening of shops has also been revised from 7 am to 7 pm instead of 7 am to 4 pm.

30 May 2020
maharashtra-hands-over-five-of-its-hospitals-to-four-ias-officers

Maharashtra hands over five of its hospitals to four IAS officers

In a seemingly desperate move, the Maharashtra government has deputed three IAS officers to three major civic-run hospitals in the city for effective management of the outbreak. The responsibility of Nair Hospital has been given to Madan Nagargoje (IAS:2007) while Ajit Patil (IAS:2007) will oversee the functioning of KEM Hospital. Balaji Manjule (IAS:2009) has been deputed to Sion Hospital.

State chief secretary Ajoy Mehta deputed the IAS officers for effective control and management of these hospitals, which are handling most of the coronavirus cases.

The responsibility of state-run GT Hospital and JJ Hospital has been given to Sushil Khodvekar (IAS:2011) apart from this, who is deputy secretary in the school education department. Mumbai, one of the top coronavirus hotspots in the county, has so far recorded nearly 42,000 positive cases and around 850 deaths.

22 May 2020
uttarakhand-government-offices-to-be-fully-functional-from-june-1

Uttarakhand government offices to be fully functional from June 1

By IndianMandarins 30 May 2020

In a kind of being the first state, the government offices in Uttarakhand including the state secretariat and Vidhan Sabha will come back to normal working hours as has been before the lockdown from June 1, 2020.

 

All government offices in the state will stay open from 10 am to 5 pm while the secretariat and state assembly from 9.30 am to 6 pm for five days a week as they used to before the lockdown. The new order replaces an order of May 2. There will be 100 percent attendance of class one and class two officers and 50 percent presence of class three and class four staff. The timing for the opening of shops has also been revised from 7 am to 7 pm instead of 7 am to 4 pm.

maharashtra-hands-over-five-of-its-hospitals-to-four-ias-officers

Maharashtra hands over five of its hospitals to four IAS officers

By IndianMandarins 22 May 2020

In a seemingly desperate move, the Maharashtra government has deputed three IAS officers to three major civic-run hospitals in the city for effective management of the outbreak. The responsibility of Nair Hospital has been given to Madan Nagargoje (IAS:2007) while Ajit Patil (IAS:2007) will oversee the functioning of KEM Hospital. Balaji Manjule (IAS:2009) has been deputed to Sion Hospital.

State chief secretary Ajoy Mehta deputed the IAS officers for effective control and management of these hospitals, which are handling most of the coronavirus cases.

The responsibility of state-run GT Hospital and JJ Hospital has been given to Sushil Khodvekar (IAS:2011) apart from this, who is deputy secretary in the school education department. Mumbai, one of the top coronavirus hotspots in the county, has so far recorded nearly 42,000 positive cases and around 850 deaths.

shah-and-officials-working-out-new-guidelines-for-lockdown-4-0

Shah and officials working out new guidelines for lockdown 4.0

By IndianMandarins 16 May 2020

Home Minister Amit Shah has held meetings with top officials of the ministry including Union Home Secretary Ajay Bhalla. Several meetings were held with officials of the ministry ahead of the announcement of new guidelines for the fourth-phase of the coronavirus-induced lockdown.

 

The new guideline has to take place from May 18. Senior officials are busy drafting guidelines for the fourth-phase of the lockdown. Prime Minister Narendra Modi, in his address to the nation on May 12 had said that the lockdown 4.0 will have a completely different form with new rules.

 

New guidelines will have to be in place by May 18 and greater relaxations and flexibility will be seen in the lockdown-4 with the gradual reopening of railways and domestic airlines while powers will the given to states and Union territories to define COVID-19 hotspots.

 

The final guidelines will be issued by the home ministry only after going through suggestions of state governments. State governments and UT administrations have submitted their recommendations.

pm-meets-secretaries-of-egs-modalities-for-next-lockdown-to-be-worked-out

PM meets Secretaries of EGs; modalities for next lockdown to be worked out

By IndianMandarins 14 May 2020

After meeting with the chief ministers and address to the nation, the PM has met with secretaries of the empowered groups to discuss Covid-19 and the lockdown situation at his Lok Kalyan marg residence.

 

The empowered group constituted by the government is looking after every aspect of dealing with COVID-19 pandemic. The PM had pointed out in his address that experts warned that coronavirus would remain a part of people’s lives for a long time, but stressed the need to move forward.

 

The meeting is important in view of the third phase of lockdown ending on May 17 and terms and condition for the next phase of lockdown has to be announced with the consultation of all stakeholders. 


The new guidelines for the fourth phase of lockdown will be unveiled in a day or two. But the address of the PM indicates that the government is preparing to start economic activities. “We cannot allow this to happen that our lives will be confined only around the corona. We would wear masks, follow two yards distance and pursue our goals,” he said.

rec-ltd-raises-500-mn-bonds-first-cross-border-issuance-since-covid-19

REC Ltd raises $500 Mn Bonds; first cross border issuance since COVID-19

By IndianMandarins 13 May 2020

Navratna Central PSU Rural Electrification Corporation (REC Ltd) has opened up the USD markets for Indian issuers in the wake of COVID-19 crisis. With the global lockdown fears receding and liquidity coming back to the Asian markets, REC pulled the trigger and tapped the offshore debt markets on May 12, 2020 making it the first issuer from India since March 5, 2020.

 

The paper was strongly received by investors, with books rapidly crossing $ bn across Asia and Europe. US investors too came in strongly, with REC finally receiving subscription of more than 5 times the actual issue size, through 175 investors. The strong investor demand saw the issuance being upsized from the base size of 300m to 500m. The 3-year issuance was priced at a coupon of 4.75%.

 

The REC paper saw demand from high-quality long term investors and large global fund houses. Asia took the largest allocation at 68%, Europe Middle East & Africa (EMEA) 19%, and US at 13%. In terms of investor type, Fund Managers were allocated 52%, Insurance/PF 23%, Banks 16% and Private Banks 9%. Given the high demand, the issuance priced at nil New Issue Premium (NIP), comparing favorably to other global bond issuers who have had to pay significantly more NIP in recent deals.

 

Ajeet Kumar Agarwal, Chairman and Managing Director, REC Ltd said: “REC has effectively opened up the offshore debt market for other Indian credits to tap into. The strong reception to this deal demonstrates both resilience of the Indian economy among International investors and the high regard for REC’s credit quality.”

spiritual-column-gita-acharan-09

Spiritual Column: Gita Acharan- 09

By K Siva Prasad 26 Apr 2020

In the Gita, Lord Krishna says you yourself are your own friend and you yourself are your own foe. The following story of the trapped monkey illustrates it well.

Some nuts are kept in an earthen pot with a narrow mouth (surahi) in which the monkey's hand barely fits. The monkey inserts its hands by squeezing through the mouth of the pot and grabs a fist full of nuts. As the first is full, its size goes up and so it can't come out of the pot. The monkey makes all sorts of efforts to get the closed fist out of the pot. It keeps thinking that someone has laid a trap for it and never realises that the trap is set by itself. No amount of explanation would convince the monkey to let go of these nuts, instead it would think that we are trying to grab its nuts.

From the outside, it looks quite simple that it has to drop a couple of nuts to loosen the fist so that its hand comes out. But realising this simple fact, when we are trapped is the challenge. 

The closed fist is our foe and open fist is our friend and it's our choice to open or close, making us friend or foe to ourselves respectively.

 In life, we encounter so many similar traps.  Those nuts are nothing but I, My, Me and Mine; Ahankaar binds our hand to them. Gita repeatedly tells us, in so many ways, to let go of Ahankaar so that we are free of these traps, thus leading to ultimate freedom.

It is easier to get the realisation about these traps when we slow down rather than in a fast paced world with a lot of noise. The opportunity presented by COVID-19 is an ideal time to come to these realisations.

(Author K Siva Prasad is 1993 batch IAS officer, Punjab cadre)

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