INDIANMANDARINS EXCLUSIVE

former-ut-cadre-ias-tipped-as-member,-cerc

Former UT cadre IAS tipped as Member, CERC

Indianmandarins has reliably learnt that the NaMo administration has picked  Arun Goyal (Retd IAS:1985:UT) for the post of Member, Central Electricity Regulatory Commission (CERC). Goyal retired August last year from the post of Secretary (Coordination), Cabinet Secretariat. Until last week name of CMD of a Central PSU did rounds for the key position.

Presently, Dr P K Pujari is Chairman of CERC whereas Indu Sheskhar Jha and Dr M K Iyer are Members. Subject to ACC approval Goyal will replace the outgoing Member Dr M K Iyer completing his tenure next month.

 

The Commission (CERC) aims at fostering the interests of power consumers by promoting competition, efficiency and economy in bulk power markets, improving the quality of supply, promoting investments and advising government on the removal of institutional barriers to bridge the demand supply gap.

13 Jan 2020
selection-of-member,-finance:-a-curious-case

Selection of Member, Finance: A curious case

For many others it is a puzzle but for many others it is luck as well. The public-sector headhunter on Friday selected K Vinayak Rao (IRAS:1987) for the post of Member (Finance) Airport Authority of India (AAI). Interestingly, Rao was initially not shortlisted for interview. If some well-placed sources are to be believed PESB revised the list on Wednesday and Rao got in. Many things matter for selection but sometime luck matters the most. 

(CLICK TO READ RELATED STORY)

13 Jan 2020
former-ut-cadre-ias-tipped-as-member,-cerc

Former UT cadre IAS tipped as Member, CERC

By IndianMandarins 13 Jan 2020

Indianmandarins has reliably learnt that the NaMo administration has picked  Arun Goyal (Retd IAS:1985:UT) for the post of Member, Central Electricity Regulatory Commission (CERC). Goyal retired August last year from the post of Secretary (Coordination), Cabinet Secretariat. Until last week name of CMD of a Central PSU did rounds for the key position.

Presently, Dr P K Pujari is Chairman of CERC whereas Indu Sheskhar Jha and Dr M K Iyer are Members. Subject to ACC approval Goyal will replace the outgoing Member Dr M K Iyer completing his tenure next month.

 

The Commission (CERC) aims at fostering the interests of power consumers by promoting competition, efficiency and economy in bulk power markets, improving the quality of supply, promoting investments and advising government on the removal of institutional barriers to bridge the demand supply gap.

selection-of-member,-finance:-a-curious-case

Selection of Member, Finance: A curious case

By IndianMandarins 13 Jan 2020

For many others it is a puzzle but for many others it is luck as well. The public-sector headhunter on Friday selected K Vinayak Rao (IRAS:1987) for the post of Member (Finance) Airport Authority of India (AAI). Interestingly, Rao was initially not shortlisted for interview. If some well-placed sources are to be believed PESB revised the list on Wednesday and Rao got in. Many things matter for selection but sometime luck matters the most. 

(CLICK TO READ RELATED STORY)

cbdt:-gupta-tipped-as-member,-administration-

CBDT: Gupta tipped as Member, Administration?

By IndianMandarins 10 Jan 2020

If some top sources are to be Satish Kumar Gupta (IRS IT:1984) may be picked up for the post of Member, Central Board of Direct Taxes (CBDT); a post (Member, Administration) which fell vacant after the retirement of Ms Neena Kumar (IRS IT:1982). Presently, Gupta is Principal Chief Commissioner Income Tax (PCCIT), Mumbai Region.

The post, vacant vice Mrs Neena Kumar, was advertised in the second week of November 2019. Interestingly, it is believed CBDT wanted to widen the net for the appointment of members by inviting applications from relatively younger officers in rank of Principal Commissioner and above.

Presently, the posts of Member, Administration and Member Investigation are lying vacant but the later is not on offer as the post appears to have been attached to Chairman, CBDT for a couple of years. Gopal Mukherjee was the last Member (Investigation) who retired in January 2018.

alarming-trend-in-direct-tax-collection:-hitting-the-target-vs-missing-the-bus

Alarming trend in Direct Tax collection: Hitting the target Vs Missing the bus

By IndianMandarins 10 Jan 2020

While re-calibrating and fixing direct taxes collection target for FY 2019-2020 at Rs 13.35 lakh crore, CBDT chief P C Mody had said last year that it was difficult but achievable. But even after the completion of three quarters of FY 2019-2020 the collection figures of Direct Taxes is nowhere close to it.

Indianmandarins has reliably learnt that on completion of third quarter (ending 31.12.2019) the all India collection of Direct Taxes is far less (- 6%) than the collection as compared to the corresponding period last year. The deficit is primarily attributed to the weak performance of metro cities. The down trend may be shown as follows:

Mumbai: (-5%)
Delhi: (-10%)
Bangalore: (-7%)
Chennai: (-2%)
Jaipur: (-20%)

It is to be seen whether CBDT would be able to hit the target of Rs 13.78 lakh cr or even maintain the previous year’s figure. The collection figures are clear indicator that relatively smaller cities have to play critical role in the wake of weak contributions by metro cities and country's commercial capitals.  


FACTS AND FACETS:

  1. FY 2019-2020: In view of historical growth rate in collections in the past three years FinMin had initially set the at Rs 13.78 lakh crore for FY 2019-20. After Budget deliberations it was re-calibrated and fixed at Rs 13.35 lakh crore.
  2. FY 2018-2019: I-T department had collected Rs 11.37 crore during FY 2018-19 against its initial target of Rs 13.80 lakh crore, a shortfall of around Rs 83,000 crore or 7.4 percent of the Rs 12 lakh crore collection target. The collection was, however, 18.3 percent higher than FY 2017-2018.
  3. The revenue collection targets are set by the Union Finance Ministry in consultation with CBDT which frames policy for the IT Department.
  4. The direct tax collection bucket comprises personal income tax, securities transaction tax and corporate tax.
  5. In 2019 FinMin Nirmala Sitharaman’s move of bringing almost all the companies in the lower tax net was widely appreciated by the business world.

agriculture-ministry-vying-for-control-over-apeda-

Agriculture Ministry vying for control over APEDA?

By IndianMandarins 10 Jan 2020

Indianmandarins has reliably learnt that Union Ministry of Agriculture and Farmers' Welfare has been advocating to bring Agricultural and Processed Food Products Export Development Authority (APEDA) under its ambit. APEDA was established in February 1986 under the APEDA Act passed by Parliament in December, 1985. Presently, it comes under the Ministry of Commerce & Industry. Reportedly, the rounds of consultation between the two ministries are underway and one is not clear whether it would catalyse or not.


jharkhand-election-results:-takeaways-and-indian-politics-ahead

Jharkhand election results: Takeaways and Indian politics ahead

By IndianMandarins 24 Dec 2019

At the very outset of election campaigns in Jharkhand, it was assumed that BJP would not lose more than 6-7 seats and somehow would be able to manage to form the government through tactical alliances with AJSU and independents.

Political strategists Ahmed Patel, R P N Singh, Hemant Soren get all reasons to pat their back for getting over 45 seats for alliance.

Finally BJP’s dreams have shattered triggering several curious questions and takeaways from the results of Jharkhand elections as follows:-

  1. Jharkhand CM Raghubar Das lost his own seat which is a moral defeat as well. But at the same time it’s a big setback for BJP's central leadership.
  2. If Maharashtra elections bolstered the confidence of Congress strategists to make compromises for the sake of keeping BJP away from power then Jharkhand elections consolidated it.
  3. What makes more difficult to define the BJP’s defeat is that it lost its ground in a state like Jharkhand where PM Modi’s popularity graph ahead of 2019 Lok Sabha polls was highest at 75%. At the same time political analysts say that Modi's charisma would remain intact until the emergence of a leader to draw parallel. 
  4. BJP-RSS’ own Saryu Rai emerged as ‘the giant killer’ spoiling BJP’s prospects in the state. Party would have to reconsider its strategy to accommodate senior leaders of the party.
  5. Surprisingly Jharkhand elections took place in the backdrop of abrogation of Article 370, Ayodhya Verdict and CAA but the they failed to work for the BJP. CAA is being seen as people’s referendum in terms of political and electoral benefits.
  6. Further Jharkhand always had the privilege of having several official visits of PM Modi be it International Yoga Day or inaugural programs in Godda etc still it rejected the state leadership of BJP.
  7. Jharkhand results somewhere down the line indicate that law of diminishing effect has started catching up with the BJP.
  8. Probably it indicates that the process for revival of Congress and larger alliance has started which may continue. It also makes it obvious that Congress need to rework on missing-links of its functioning as it do not get micro-level feedback from the field else it could not have fielded Gaurav Ballabh, a bright young leader with bleak electoral prospects for now, against Saryu Rai in Jamshedpur seat
  9. AAP and Congress in Delhi have now got its confidence boosted with the BJP humiliated in Jharkhand and it's allies  may not take any chance to corner BJP in 2020 elections. Delhi elections may set a new course.
  10. Nitish, Naveen, Mamta, Jagan and others would start asserting and negotiating more and more with the Centre.
  11. Among Modi’s cherry-picked unknown faces in 2014 Fadanvis faded away, Khattar somehow survived and Raghubar finished finally; though he would lead the opposition in the state.
  12. Post Jharkhand elections the country may see pace in the shift of tone and tenor of television news channels and newspapers; an inevitable process which appears to have already started post Maharashtra elections. 
(By Rakesh Ranjan)

marandi-may-emerge-either-as-a-king-or-the-king-maker-in-jharkhand

Marandi may emerge either as a King or the King maker in Jharkhand

By IndianMandarins 21 Dec 2019

Amid the exit polls survey reports indicating none getting full-majority JVM leader Babu Lal Marandi may emerge either as the King or the King-maker. The fate may put him in a situation where he may outsmart the BJP or Congress-JMM-RJD coalition. There are few who believe that BJP had managed in JVM well before elections which might help the limping BJP getting some lost foothold. Marandi does not have any problem to join the BJP as he had some issues with the then BJP president who replaced him for Arjun Munda for no reason. He has a better rapport with the PM.

At the very outset of elections BJP workers were not ready to give the party 16-20 seats but now they are of the view that the party is going to get comfortably 25 seats and they won’t be surprised if the number is something between 30 and 33.

It may be underlined that the JVM has been facing serious resource crunch but fielded its candidates on all 81 Assembly seats apparently with the tacit help from the BJP and is expected to get around 5-6 seats. Until recently, over dependence of JVM on Muslim vote was eroding its base, so the new alignment has put things in perspective. In certain tribal dominated region JVM has wider acceptability and it would have made dent to JMM.

If some insiders are to be believed the BJP has already started touching upon strong independent candidates looking at the prospects getting better and better by the day. It might have further improved with PM pitching strongly for CAA. The people’s verdict will be out on Monday but till then it appears that Marandi would command the marginal number that may make or marr the prospects for new government in Jharkhand.  

(By Rakesh Ranjan)

niti-aayog-on-renovation-spree

NITI Aayog on renovation spree

By IndianMandarins 19 Dec 2019

If some well placed sources are to be believed, the premier institution carved out for innovative ideas i.e. National Institute for Transforming India (NITI Aayog) is presently on renovation spree. After having a complete makeover of its fifth floor involving an expenditure of approximately Rs 14 crore, it has now decided to transform its fourth floor which is expected to incur an expenditure of around Rs 15-18 crore. Reportedly, the work has already been assigned to CPWD. In addition, it is under talks with Central Warehousing Corporation (CWC) for hiring its warehouse where scarps would be dumped and later auctioned.

It may be underlined that NITI Aayog has recently added a world-class infrastructure on its fifth floor with an unmatched quality work-space. When Indianmandarins talked to a few top officials one of them responded that probably the idea of renovation would have emanated from the catch line of an advertisement ‘Life Me Ho Aram To Ideas Aate Hain’ (Ideas come when you are in comfort). NITI Aayog has been trying to make a mark for its innovative thinking and ideas. 

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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.

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.