Monday, May 27, 2019

TRADE & INDUSTRY REJOICE VICTORY OF BJP & NDA IN POLLS


TRADERS POLL SURVEY STANDS MOST ACCURATE

The Confederation of All India Traders (CAIT) has complimented Prime Minister Shri Narendra Modi and BJP President Amit Shah for the fabulous and unprecedented victory of BJP & NDA in the polls and said that massive victory has made PM Modi  emerged as a strongest leader of the Country after a great time.
CAIT Secretary General Mr. Praveen Khandelwal while complimenting the Prime Minister and Mr. Amit Shah said that traders have played a major role in the victory of BJP as traders across Country along with their employees as a consolidate vote bank vote and support the BJP and its allies.
Among all poll surveys, the poll survey of CAIT was found to be most accurate. The CAIT on the basis of a national survey conducted among traders and their consumers predicted 290 seats For BJP & 50 seats for NDA allies.
The Evolution of Naledi Inhlanganiso 

The Naledi Inhlanganiso Group is black owned and a manufacturer and supplier of high-quality steel and iron products to its local and international customers. It was found in 2013 by the Group Executive Chairman Mr Sibusiso Maphatiane and comprises of the following divisions:
  
Naledi Group believes unity, excellence and trust are key to being the largest black owned manufacturing company in Africa with the ability to compete locally and internationally, driving transformation and industrialisation through investment in plant, people and products.

In 2013 a consortium consisting of the IDC, Sibusiso Maphatiane and an Employees trust acquired the majority stake of Dorbyl Ltd, a listed entity who owned the foundry.

Immediately after delisting in July 2014 the shareholder initiated an extensive capital investment plan into the foundry as well as a corporate restructuring to separate the foundry from the rest of the Dorbyl group. 

The restructuring was completed in May 2016 and the capital investment program in May 2017.

Naledi Foundry is one of the few large foundries with a capacity of 60 000 Tons in South Africa and was established in Benoni Industrial in 1947. The foundry was through the years very involved in the rail sector where it was a major casting supplier of components for various rail manufacturers and distributors by supplying rail, locomotive, wagons and coach components such as braking system, coupling system, bogey parts as well as rail infrastructure parts.
Naledi Ringrollers is one of the largest and most modern forging companies in the southern hemisphere with the most powerful and technologically advanced manufacturing facility on the African continent.

As a manufacture of railway tyres, seamless rings, forgings and flanges with a maximum input weight of 4.5 tons, more than half of our products are exported globally with the balance consumed in the local railway and industrial markets. 
Composite Brake Components (Pty) Ltd has over 50 years’ experience in manufacturing Composite Railway Brake Blocks, as a volume-based company. CBC develops and manufactures asbestos free Composite Railway Brake Blocks with capability to supply Cast Iron Brake Blocks and Brake Pads. Composite brake blocks are most widely used for on-tread braking of both old and new generation railway rolling stock. We boast a comprehensive freight range, from low friction to high friction brake blocks for heavy haul applications. Passenger train brake blocks for Mainline Trailer Coaches and Motor Coaches. Mining products are designed for surface and underground mining applications.

Naledi Inhlanganiso
Clearwater Office Park South, Block L, Corner Atlas & Park Rd, Boksburg, 1459
Tel: 010 007 3388
  

Naledi Foundry
37 Lincoln Road, Benoni, 1501
Tel: 011 845 1546
Naledi Ringrollers
161B Ring Road, Duncanville, 1939
Tel: 016 428 7600
Email: info@ni-rr.co.za  
  
Composite Brake Components
113 Kotzenburg Street, Rosslyn, Pretoria, 0200
Tel: 012 541 6110

KOREA-Jeollabuk-do, Business DELEGATION, 2019

nksagar_1@yahoo.com
27 May at 1:58 pm

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KOREA-Jeollabuk-do, Business DELEGATION, 2019
The Lalit Hotel,  New Delhi.
Wednesday, 19th June, 2019;  10:00 am –  05:00 pm


Dear Sir/Madam,

Greetings on the belalf of Jeollabuk-do Business Agency, Korea.

We are pleased to inform you that Jeollabuk-do Business Agency, Korea,
New Delhi office is organizing a “One-to-One Business Meeting Program”,
on 19th June, 2019, which comprises of 10 leading Korean companies.

We invite you to join in and explore the opportunities for Direct Imports,
Marketing Tie-ups and Joint Venture possibilities with below Korean companies.

Korean companies visiting India are:
Korean Company
Products
website
1.     BADAHYANG Co., Ltd,
Food
2.     IM CO., LTD.,
Home Accessories
3.     ONE SKIN,
Cosmetics
4.     Koenone,
Electrical/Telecom Components
5.     PSBBIO Co., Ltd.,
Cosmetics
6.     HISOL Co., Ltd.,
Cosmetics
7.     Giheung Industry Co.,
Construction Automobile
8.     Nostalgia,  
Cosmetics
9.    Transilo corp.
Warehousing System
10.  Home Edition Myungjin Co., Ltd.
Industrial and Construction


Detailed program is as follows:

Date:                19th June, 2019 (Wednesday)
Time:               10:00 am – 17:00 pm
Lunch:             13:00 pm – 14:00 pm
Venue:             The Lalit Hotel, New Delhi (Regency I & II)


If you required more details, please send an e-mail or call us.
Please find attached catalog for the Home Edition Myungjin Co., Ltd.

Note: There are no charges for attending this delegation.



Thank & Regards,

Manjeet Singh
Koindo Co.
New Delhi, INDIA
Tel:- 011-41660225
Mobile: 9650758585
 
Tablez launches first sports superstore GO Sport in India
Multi-brand, multi-sport, multi-specialist superstore enters India at Seawoods Grand Central Mall, Navi Mumbai
Mumbai, 25th May 2019: Tablez, a leading organized retail group, has opened the first outlet of global sporting retailer, GO Sport, in India at Seawoods Grand Central Mall, Navi Mumbai today. The brand will host a multitude of sports brands under one roof making it the first Multi-Brand, Multi-Sport and Multi-Specialty Sports Destination for all sports enthusiasts in the country. The store was inaugurated by celebrity cricketers of team Mumbai Indians - Surya Kumar Yadav and Aditya Tare.

GO Sport as a brand is looking at being the only one stop organised sports retailer with a multitude of consumer-friendly power brands and private label brands. Spread over 14,000 sq.ft, GO Sport will give Mumbai’s sporting enthusiasts an experience to remember. Tablez plans to expand GO Sport to Bengaluru and other metropolitan cities later this year.

On this special occasion, Mr. Adeeb Ahamed, Managing Director, Tablez said, “As we launch GO Sport, we understand how much sports gives to our country as a whole. By investing in young sporting talent, we can ensure that our future generation has a long line of inspirational heroes that they can look up to. Through GO Sport, we want to motivate everyone in India to get involved, get active, and embrace the power of sport to make us happier and healthier.”

Samuel JODEAU, GO Sport’s Franchise Director, France and International said, “We are delighted with GO Sport's introduction in India which illustrates our ability to seize opportunities in booming markets. With a population of more than one billion people, a growing middle class and youth, India represents a strategic area of development for the brand. GO Sport’s offer and positioning meet these needs.” 

GO Sport is a place for everyone - from beginners to intermediate sport enthusiasts to the experienced ones. The offerings allow consumers to go beyond their personal best and up their game. GO Sport promises that it offers all that a consumer needs to explore and dive deeper into their sport, to proudly proclaim that they don't just play sport, they Live Sport.

GO Sport believes in the philosophy of going beyond personal boundaries and is positioned as "THE SPORTS SUPERSTORE". This concept, in India, brings together the world's biggest and most specialist sport and fitness brands under one roof, with 70+ brands and labels. GO Sport will be a specialist curator, working closely with sportspeople, experts and brands to create and showcase products that specifically enable enthusiasts to up their game and push their limits, whether they happen to be a beginner or a pro.

GO Sport's offerings will range across apparel, accessories, footwear, and equipment in the categories of running, cycling, fitness, outdoor like hiking, trekking and camping along with racquet sports (badminton, tennis), team sports (football, cricket, basketball, volleyball), and swimming. Besides these, GO Sport will service the 'family of sports lovers' concept specifically through its Go Man, Miss Go, and Go Kids categories. GO Sport Superstore will also offer services related to different sports like racquet gutting, gait analysis for running, jersey customisation, and cycle workshop.

All the King 's Men at NMML

4th National Conference on Pulp and Paper Moving from Trade-offs to Win-Wins in Water Management 2nd July 2019, The LaLiT, New Delhi






No photo description available.


4th National Conference on Pulp and Paper
Moving from Trade-offs to Win-Wins in Water Management
2nd July 2019, The LaLiT, New Delhi

Odisha Election Watch

Dear Friends,
Odisha Election Watch and Association for Democratic Reforms (ADR) have analysed the self-sworn affidavits of 146 newly elected MLAs of 2019 out of 147 in the Odisha Assembly.  Polling was held in 146 assembly seats, as election in Patkura constituency was postponed due to cyclone Fani.

Summary and Highlights



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CRIMINAL BACKGROUND

·         MLAs with criminal cases: Out of the 146 MLAs analysed, 67(46%) MLAs have declared criminal cases against themselves. Out of 147 MLAs analysed during Odisha Assembly elections in 201452 (35%) MLAs had declared criminal cases against themselves.
·         MLAs with serious criminal cases:49(34%) MLAs have declared serious criminal cases including cases related to murder, attempt to murder, kidnapping etc. Out of 147 MLAs analysed during Odisha Assembly elections in 201441 (28%) MLAs had declared serious criminal cases against themselves.
·         An INC Winner, Ramesh Chandra Jena from SANAKHEMUNDI constituencyhas declared 51 criminal cases against himself, including cases related to murder, attempt to murderextortion, Assault or criminal force to woman with intent to outrage her modesty, criminal intimidation etc.
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Figure: Comparison of MLAs with declared criminal cases in 2009, 2014 and 2019

·         MLAs with declared cases related to murder:  2 MLAs, MLAs have declared cases related to murder (IPC Section 302).
·         MLAs with declared cases related to attempt to murder:  11 MLAs,MLAs have declared cases related to attempt to murder (IPC Section 307)
·         Party wise MLAs with criminal cases:46(41%) out of 112 MLAs from BJD14 (61%) out of 23 MLAs from BJP and 6 (67%)  out of 9 MLAs from INC have declared criminal cases against themselves in their affidavits.
·         Party wise MLAs with serious criminal cases:  33(30%) out of 112 MLAs from BJD10 (44%) out of 23 MLAs from BJP and 5 (56%)  out of 9 MLAs from INC have declared serious criminal cases against themselves in their affidavits.
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FINANCIAL BACKGROUND


·         Crorepati MLAsOut of the 146 newly elected MLAs, 95 (65%) are crorepatis. Out of 147 MLAs analysed during Odisha 2014 assembly elections76 (52%) MLAs were crorepatis.
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Figure: Comparison of crorepati MLAs: 2009, 2014 and 2019

·         Partywise crorepati MLAs: 79 (71%)out of 112 MLAs from BJD9 (39%)out of 23 MLAs from BJP and 7(78%) out of 9 INC MLAs have declared assets valued more than Rs 1 crore.
image.png
Figure: Party wise Comparison of Crorepati MLAs in 2014 and 2019

·         Average assets:The average of assets per MLA in the Odisha 2019 assembly elections is Rs. 4.41 crores. In 2014, the average assets of 147 MLAs analyzed was Rs 3.22 crores.
image.png
Figure: Comparision of Average Assets (Rs. in Crores): 2009, 2014 and 2019

·         Party wise average assets: The average assets per MLA for 112 BJD MLAs analysed is Rs 5.08 crores and 23 BJP MLAs have average assets of Rs 1.01 crore and 9 INC MLAs have average assets of Rs 5.67 crores.
·         High asset MLAs*:The top three MLAs with high assets are given below:
MLA
District
Constituency
Party Name
Movable Assets (Rs)
Immovable Assets (Rs)
Total Assets (Rs)
PAN Given

  
   1
*Naveen Patnaik
Ganjam
Hinjili
BJD
23,26,555
63,64,15,261
63,87,41,816
 63 Crore+
Y
*Naveen Patnaik
Bargarh
Bijepur
BJD
23,16,554
63,64,15,261
63,87,31,815
 63 Crore+
Y
2
Naba Kisore Das
Jharsuguda
Jharsuguda
BJD
28,86,38,707
4,76,35,000
33,62,73,707
 33 Crore+
Y
3
Saroj Kumar Meher
Balangir
Patnagarh
BJD
57,49,827
30,86,05,862
31,43,55,689
 31 Crore+
Y
 Table: Top three MLAs with highest declared assets
* Naveen Patnaik contested from two constituencies and won from both constituencies.
·         Low asset MLAs: The details of  three MLAs with the lowest assets are given below:
MLA
District
Constituency
Party Name
Movable Assets (Rs)
Immovable Assets (Rs)
Total Assets (Rs)
PAN Given
1
Raygada
Rayagada
IND
15,000
0
15,000 
 15 Thou+
Y
2
Balasore
Balasore
BJP
2,00,000
1,00,000
3,00,000 
 3 Lacs+
Y
3
Jajpur
Bari
BJD
4,74,176
3,79,000
8,53,176 
 8 Lacs+
N
 Table: Three MLAs with lowest declared assets
·         MLAs with high liabilities: 24(16%) MLAs have declared liabilities of Rs 50 lacsand above, and the details of the top 3 MLAs are as follows:
MLA
District
Constituency
Party Name
Total Assets(Rs)
Liabilities (Rs)
Pan Given
1
Naba Kisore Das
Jharsuguda
Jharsuguda
BJD
33,62,73,707 
 33 Crore+
21,76,24,909 
 21 Crore+
Y
2
Sanjib Kumar Mallick
Bhadrak
Bhadrak
BJD
19,15,12,699 
 19 Crore+
7,74,59,837 
 7 Crore+
Y
3
Bikram Kumar Panda
Ganjam
Berhampur
BJD
8,85,28,772 
 8 Crore+
4,65,15,025 
 4 Crore+
Y
 Table: Top three MLAs with high liabilities

·         MLAs with high income as declared in ITR*:The table below shows 3MLAs who have declared the highest income in their Income Tax Returns.
MLA
Party Name
Constituency
District
Total Asset (Rs)
Self Source of Income
Spouse's Source of Income
The financial year for which the last income tax return has been filed by MLA
Total income shown by MLA in ITR (Self+Spouse+Dependent) (Rs)
Self income shown by MLA in ITR (Rs)
1
INC
BARABATI-CUTTACK
CUTTACK
17,97,86,173  17 Crore+
Business
Business
2017-2018
4,93,81,050  4 Crore+
4,80,20,160  4 Crore+
2
BJD
JHARSUGUDA
JHARSUGUDA
33,62,73,707  33 Crore+
Legal Professional, Salary
Director Salary, Income From Partnership, And Income From Proprietor
2017-2018
1,98,84,990  1 Crore+
19,83,990  19 Lacs+
3
BJD
DHENKANAL
DHENKANAL
14,03,13,233  14 Crore+
Business
Business
2017-2018
1,23,76,228  1 Crore+
47,25,851  47 Lacs+
Table: Top 3 MLAs with high income as declared in income tax returns
*Total income includes income of self, spouse and dependents

·         Education Details of MLAs:  43 (29%) MLAs have declared their educational qualification to be between 5th pass and 12th pass while 101 (69%) MLAs have declared having an educational qualification of graduate or above2 MLAs are Diploma holder.
·         Age details of MLAs: 2 (1%) MLAs have declared their age to be between 25 and30 years while 13 (9%) MLAs have declared their age to be between 3and 40 years. There are 123(84%) MLAs who have declared their age to be between 41 and 70 yearswhile 8(5%) MLAs have declared their age to be between 71 and 80.
·         Gender details of MLAs:Out of 146 MLAs, 13 (9%) MLAs are women. In 2014, out of 147 MLAs, 11 (7%) MLAs were women.

COMPARATIVE ANALYSIS OF ASSETS OF RE-ELECTED MLAS


·         Number of re-elected MLAsNumber of re-elected MLAs analysed in the assembly elections of 2019 is 60.
·         Average assets of re-elected MLAs in 2014: The average assets of re-elected MLAs in 2014 was Rs 2.20 crores
·         Average assets of re-elected MLAs in 2019: The average assets of re-elected MLAs in 2019 is Rs 4.90 crores.
·         Average growth in assets of re-elected MLAs from 2014 to 2019: The growth in average assets of re-elected MLAs is Rs 2.69 crores i.e. by 122%.
Comparative analysis of party wise average assets of re-elected MLAs in 2014 and 2019

Party in Odisha 2019
Total Number of MLA
Average Assets in Odisha 2019
Average Assets in Odisha 2014
Average Asset Increase
Average 
% Increase in Asset
1.
BJD
56
5,08,53,226  
5 Crore+
2,26,75,546    
2 Crore+
2,81,77,680   
2 Crore+
124.26%
2.
INC
2
3,92,38,591  
3 Crore+
2,10,01,026    
2 Crore+
1,82,37,565   
1 Crore+
86.84%
3.
BJP
1
1,26,68,305  
1 Crore+
1,05,41,164    
1 Crore+
21,27,141   
21 Lacs+
20.18%
4.
CPI(M)
1
30,17,671  
30 Lacs+
12,62,000    
12 Lacs+
17,55,671   
17 Lacs+
139.12%
GRAND TOTAL
60
4,90,32,396.85  
4 Crore+
2,20,60,596.9  
2 Crore+
2,69,71,799.95  
2 Crore+
122%

Contact Details

Media and Journalist Helpline

+91 80103 94248
Ranjan Kumar Mohanty
State Coordinator 
+91-0674 2382175
+91-0674 2352278
+91-94370-13723
pecuc@hotmail.comodishaelectionwatch@gmail.com
Maj.Gen. Anil Verma (Retd)
Head
National Election Watch,
Association for Democratic Reforms
011 4165 4200,
+91 88264 79910
Prof Jagdeep Chhokar
IIM Ahmedabad (Retd.)
Founder Member,
National Election Watch, Association for Democratic
Reforms
+91 99996 20944

Prof Trilochan Sastry
IIM Bangalore
Founder Member,
National Election Watch,
Association for Democratic Reforms
+91 94483 53285


--
Association for Democratic Reforms
T-95, C.L. House, 2nd Floor,
(Near Gulmohar Commercial Complex)
Gautam Nagar
New Delhi-110 049

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