Voda-Case..!!

(Courtesy: post.jagran.com)

Always it has been, and will always be, the departments in India are never sorted, whether it comes to arranging the messy files on their tables or tricking big buddies in taxation. And, this one, especially is a real brainer. It gets you on your heels and makes you think!

Hutchinson group of companies, a telecom giant with its market operations in a number of nations, was carrying out its Telecom operations in India. Then, another company, Vodafone Essar, acquired 67% stake in Hutchinson group of companies through a number of companies in Netherlands and Cayman Islands. Now, the appeal of the income tax commission is that "Hutchinson group" being an Indian company, the transfer of its any assets should constitute as a tax revenue for the government. But a big fallacy lies in this argument, which we're going to try to point out to you! 

The shares of the company are defined as the share in the share capital of the company, which includes stock except when a distinction between shares and stock is expressed and implied.

Toilet 'Scam'med In UP

Its has always been intriguing to know and Indian ministers have always  been creative enough to invent new scams. Its something we shouldn't be proud of but we have no option but live with . The CWG scam, 2G scam, Adarsh scam would be unhappy and disappointed as there is a new enterant, a rather stenchy one: Toilet Scam -- A case of sheer over-reporting.

This was quite expected,' itna paisa khaya hai toh kahi se to nikalega', hence the 'toilet' scam. It happened at the home of all scams, and one of the most densly populated states, Uttar Pradesh (UP) and this time a Rs.2,900cr was parted with. The money was slowly relished over the past decade. 

The state was to construct 1.71cr toilets in order to end open defecation in India under the Total Sanitation Campaign ( TSC ).But the household census data revealed that only 55 lakh household in UP had access to toilets. Which means 1.6cr toilets are 'nowhere to be found'.  TSC was launched in 1999 in all states and promised to end open defeacation by 2017. It follows a principle of “low to no subsidy” where a nominal subsidy in the form of incentive is given to rural poor households for construction of permanent toilets in their households.

TSC reports VS Actual Census:

TSC reports	Actual Census
TSC reports, there are only 17.50% households without toilets in rural UP.	Census reports that more than 78% of the households do not have access to toilets
TSC reports that two districts in UP, Lakhimpur Kheri and Farrukhabad, where 100% households have toilets.	Wheras, census says that 81.7% and 76.10% households are without toilets in the Lakhimpur Kheri and Farrukhabad  districts respectively.
TSC data says that 89.84% of the households in Lucknow have a toilet	But the census figures say that only 65.6% of households in Lucknow have toilets on their establishments

BWSL Goes Dark...!!

The prestigious bridge which links the Western suburbs with the city and of which every Mumbaikar is proud of; is under trouble, again. The lights on the Bandra-Worli Sea Link do not work..!!! :O

Driving down the sea link in broad daylight isn't a problem, but after sundown, its a nightmare for drivers.Are the MSRDC waiting for an accident to happen? ( I hope the MSRDC officials are reading this while sipping their cup of tea even when a pile of files is kept on their desk, ah! A typical Goverment office scene)


Especially,the Worli end which is narrower than the other parts of the Sea-Link is dangerous as you are blinded by the high beam headlights of the on-coming traffic. Though the Worli end has some of its lamps intact, the bandra end including the perfectly-banked Reclamation track is completely dark.