Government to sell 100% stake in Air India, says Puri

News Network
December 12, 2019

New Delhi, Dec 12: The government has decided to sell its entire 100 per cent stake in Air India under the proposed disinvestment process, Union minister Hardeep Singh Puri said on Thursday.

The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making a loss for long and as part of revival efforts, the government has decided on disinvestment.

"After the formation of the new government, Air India Specific Alternative Mechanism (AISAM) has been reconstituted and the re-initiation of the strategic disinvestment of Air India has been approved.

"AISAM has approved the 100 per cent sale of Government of India stake in Air India for the re-initiated strategic disinvestment of Air India," the Minister of State for Civil Aviation said in a written reply to the Lok Sabha.

Air India's net loss in 2018-19 is provisionally estimated to be Rs 8,556.35 crore.

The minister said various measures, including enabling the swift transition of Jet Airways aircraft to other airlines, have been taken to improve the aviation sector.

Full-service carrier Jet Airways shuttered operations in April due to cash crunch.

"Airports Authority of India (AAI) has embarked upon a capital investment of over Rs 25,000 crore in next five years for development/ up-gradation/ modernisation of various airports and air navigation infrastructure," Puri said.

Minister of State for Housing & Urban Affairs Hardeep Singh Puri.

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News Network
June 1,2024

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Congress president Mallikarjun Kharge said on Saturday that INDIA bloc will win 295+ seats in the Lok Sabha Elections 2024, the results of which will be announced on June 4. Kharge's estimate came about an hour before the exit polls results for general elections are expected to be released. 

“INDIA bloc will win at least 295 seats. This is not based on our survey. This is what people have told us," Kharge said after the meeting of INDIA bloc leaders at his residence on Saturday. 

Kharge also said that leaders of INDIA bloc have sought time from Election Commission of India on Sunday to discuss steps to be taken during counting of votes. 

The meeting, held as the seventh and last phase of Lok Sabha Elections 2024 is about to end, discussed the future course of action after the results of the Lok Sabha Elections are announced on June 4.

Former Uttar Pradesh Chief Minister and Samajwadi Party chief Akhilesh Yadav SP, his party colleague, Ram Gopal Yadav, NCP (Sharadchandra Pawar) chief Sharad Pawar, Delhi Chief Minister Arvind Kejriwal, Punjab Chief Minister Bhagwant Mann, AAP leaders Sanjay Singh and Raghav Chadha.

RJD leader Tejashwi Yadav, Jharkhand Chief Minister, Champai Soren, former Jammu and Kashmir Chief Minister Farooq Abdullah, Sitaram Yechury of CPIM and Dipankar Bhattacharya of CPI(ML). These other than Congress leaders including Rahul Gandhi, Sonia Gandhi and Priyanka Gandhi Vadra are also present in the meeting.

Top opposition leaders including West Bengal Chief Minister Mamata Banerjee, Tamil Nadu Chief Minister MK Stalin and PDP chief Mehbooba Mufti are not attending the meeting. The DMK is represented by its TR Baalu in the meeting.

The meeting is underway amid voting taking place to decide the fate of 904 candidates, including Prime Minister Narendra Modi, across 57 seats in seven states and one Union Territory in the last and final phase of Lok Sabha Elections 2024.

Soon after the polling of last phase is over, the results of Exit Polls for Lok Sabha Elections 2024 will be released. In a U turn, the Congress said that leaders of INDIA bloc parties will now take part in exit poll debates this evening. The, a day after Congress said on that its leaders will not participate in debates related to Lok Sabha elections exit polls on June 4.

The Indian National Developmental Inclusive Alliance (INDIA) – an amalgamation of about 28 opposition parties – was formed with its first meeting in June 2023 to put up a collective fight against BJP-led National Democratic Alliance.

The BJP-led NDA, seeking a record third term under Prime Minister Narendra Modi, has set a target of winning 400 seats this election.

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News Network
May 29,2024

BP Dinesh Kumar, the Deputy Commissioner of Police (Crime and Traffic), announced that fines and penalties for traffic violations will soon increase. The goal is to make Mangaluru's roads accident-free.

Despite having a private bus system for 80 years, the number of vehicles in Mangaluru has doubled, but the roads have not expanded. Many bus drivers frequently break the rules, making workshops for drivers essential, according to the DCP. He noted that even with fines, violations continue, and bus conductors often lack patience.

The DCP spoke at a workshop for bus conductors and drivers organized by the Dakshina Kannada Bus Owners Association and the Canara Bus Owners Association, in collaboration with St. Aloysius (Deemed to be University). The workshop aimed to improve relationships among bus personnel, the public, and students.

New criminal laws—Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagarik Suraksha Sanhita, and Bharatiya Sakshya Adhiniyam—will take effect from July 1, replacing the Indian Penal Code (IPC) and increasing penalties for violations. Offenses like racing, drunken driving, using a mobile phone while driving, overtaking, and traffic signal violations could lead to license cancellations. Bus conductors who fail to issue tickets lose passengers' trust. Despite campaigns against using shrill horns, complaints continue about their use on long-distance buses. The DCP emphasized the importance of following traffic rules and maintaining discipline.

Assistant Commissioner of Police (Traffic) Najma Farooqi highlighted the need to revise bus timings and prioritize this task. Mangaluru currently has 386 city buses and 566 service buses. Recent efforts have led to the removal of 236 shrill horns and legal action against violators, but complaints persist. The use of computerized ticket machines is mandatory, and conductors must treat passengers, especially women, with respect. Installing doors on buses is also crucial for safety.

RTO Sridhar Malnad stated that around 2,000 buses, including KSRTC-operated ones, serve approximately 200,000 passengers daily. Ensuring passenger safety is a key responsibility of bus drivers. To enhance safety, 15 transport department officials review video recordings from cameras installed on buses. Plans include integrating CCTV tracking devices. The department offers weekly training sessions for 20 staff members at its training center in Mudipu.

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News Network
June 1,2024

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After nearly two months of high-pitch campaigning and a hectic poll schedule of 7 phases, exit polls numbers have started coming in. According to five pollsters so far, the Narendra Modi-led NDA government is coming back to power with a landslide victory while the Opposition’s I.N.D.I.A. bloc managing somewhere between 125 and 150. 

Meanwhile, in a U-turn, Congress-led I.N.D.I.A. bloc has decided to participate in exit poll debates. Track all the latest updates on exit polls results as we provide you with minute-by-minute updates on the outcome of the Lok Sabha polls predicted by exit polls.

While the numbers vary, five exit polls are predicting that the INDIA bloc will be left far behind. None, though, have yet put the NDA across its dream score of 400 of 543 Lok Sabha seats. 

Exit Polls do not always get it right.

An aggregate of five exit polls indicates that the NDA will get 365 seats, the INDIA bloc will get 142 seats.

The maximum number of seats predicted for the NDA was 362-392, in the exit poll by Jan ki Baat. It predicts the Opposition bloc will get 141-161 seats.

It is followed by India News-D Dynamics, which is predicting that the NDA will get 371 seats and INDIA 125 seats.

The lowest score for the NDA comes from Republic TV-P MARQ – 359, and a corresponding higher score for the INDIA bloc, 154.

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