TheIndian EXPRESS LATE CITY, 16 PAGES, LUCKNOW, `4.00 ● MONDAY, FEBRUARY 26, 2018 ● WWW.INDIANEXPRESS.COM DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA Sridevi dies after cardiac arrest in Dubai, funeral likely today Veteran actor was at wedding of a relative, fell ill in hotel room TALK, PAGE 13 There’s Room for Two Sridevi mastered the art of the double role and made it her own EXPRESS NEWS SERVICE MUMBAI, FEBRUARY 25 UTTAR PRADESH P3 ● RSS CHIEF: HINDUS HAVE TO UNITE BECAUSE INDIA’S RESPONSIBILITY IS UPON US 9 THEIDEASPAGE Lawmakers with perks The long list of exemptions has made the office of profit a farce. Need to debate this issue afresh VETERAN ACTOR Sridevi, who acted in over 300 films during a career spanning five decades, died of a cardiac arrest in Dubai in the early hours of Sunday. The 54-year-old, who was awardedthePadmaShriin2013, was in Dubai for the wedding of Mohit Marwah, a nephew of her husband and film producer BoneyKapoor.Srideviissurvived by Kapoor and their two daughters Janhvi and Khushi. A statement issued on Sunday evening by Sridevi’s family said: “Boney Kapoor, Janhvi, Khushi and the entire Kapoor, Ayyappan and Marwah family is deeply bereaved and shocked by the untimely loss of Sridevi Kapoor.” According to reports, Sridevi was staying at the Jumeirah EmiratesTowerhotel,whereshe suffered a stroke and lost consciousness in the bathroom late on Saturday night. She was rushed to Rashid Hospital, whereshewasdeclareddeadon arrival. Her body was handed to forensic experts. According to officials at the Indian Consulate in Dubai, Sridevi’s autopsy was conducted Sunday at the Al Qusais Hospital. Her body is expected to be flown toMumbaionacharteredaircraft Monday morning, and arrangements for her final rites were beingfinalisedlateonSundaynight. CONTINUED ON PAGE 2 RITIKA CHOPRA NEW DELHI, FEBRUARY 25 THE INDIAN Institutes of Technology (IITs) will corner the largest chunk of loans on offer under the new funding model — Revitalising Infrastructure and Systems in Education (RISE) — for all centrally-run institutes, announced in the Union Budget this month. Under RISE, all centrallyfunded institutes (CFIs), includingcentraluniversities,IITs,IIMs, NITsandIISERs,canborrowfrom a Rs 1,00,000 crore corpus over the next four years to expand and build new infrastructure. However, The Indian Express has learnt that a quarter of this amount—Rs25,000crore—will besetasideexclusivelyforthe23 IITs (see box). CONTINUED ON PAGE 2 WHAT THEY WILL GET INSTITUTE LoansonofferfromHEFA fromFY2018-19to FY2021-22(inCrore) IITs Centraluniversities NITs Institutionsofeminence IISERs IIMs(6new) IIITs(setupinPPPmode) IIITs(govt) Languageinstitutes Othercentrallyfundedinstitutes SchoolsofPlanningandArchitecture Newinstitutes(unforeseen) Researchpromotion TOTAL BUSINESS AS USUAL BY UNNY 25,000 20,000 11,300 10,000 5,000 4,500 3,000 2,000 1,000 1,700 1,500 6,000 9,000 1,00,000 Nirav Modi, Choksi planned exit after staff change at PNB in Nov: officials SRIDEVI 1963-2018 Unforgettable leading lady and Bollywood’s first female superstar SHUBHRA GUPTA NEW DELHI, FEBRUARY 25 WITHTHEpassingof Sridevi,we have lost not just a great star. We have lost the part of our innocence which effortlessly conjured up magic cloaks and invisible superheroes: the spell was cast by Miss Hawa Hawaaii, who spun and pirouetted and giraoed bijli, and created a happy symphony for all times. When Shekhar Kapoor’s Mr India came out in 1987, and gaveustheimmortalMissHawa Hawaai, Sridevi was already in need of a makeover. It was in 1983 that she made her real Bollywood splash with the pulpy Himmatwala with Jeetendra, a Hindi film with its Fans outside actor Sridevi’s residence in Mumbai on Sunday. Vignesh Krishnamoorthy gaudy Telugu roots fully visible. The Mumbai tabloids lost no timeindubbingher,gleefullyand unkindly, Thunder Thighs, an epithet that stuck. In the same year came Sadma, the frame-byframe copy of Moondram Pirai, CONTINUED ON PAGE 2 DIAMOND MERCHANT Nirav Modi and his uncle Mehul Choksi may have planned their exit from the country in November itself, after a new team of officials at the Punjab National Bank’s branch at Brady House in Mumbai — where the alleged Rs 11,400 crore fraud originated — expressed concern on issuing Letters of Credit (LC) andLettersof Undertaking(LoU) to firms associated with them, according to sources. “In November, when there werechangesattheBradyHouse branch of PNB and the new staff members were averse to carrying out fraudulent transactions, the accused planned their exit. Twosenioremployees,onwhose instance the LoUs were issued, left in November itself and are believed to be in Dubai. After (Deputy Manager, PNB, Brady House branch) Gokulnath Shetty’sretirementonJanuary1, Modi and Choksi, along with their families, fled the country the same week,” said an official linked to the investigation. Investigators had earlier said that Modi and Choksi left the country a day after Shetty’s retirement. While Modi is reported to have left for the India reaches out, invites Pak Minister for WTO talks in Delhi JYOTI MALHOTRA Proposal to lift two-term limit for President China sets stage for Xi to rule indefinitely ZEESHAN SHAIKH BEIJING, FEBRUARY 25 CHINA ON Sunday moved to extend the reign of Xi Jinping as president beyond his term limit of 2023, with the ruling Communist Party’scentralcommittee proposing the removal from the constitution of a clause limiting the presidency to two five-year terms. “The Communist Party of China Central Committee proposed to remove the expression that the President and Vice-President of the People’s Republic of China ‘shall serve no more than two consecutive terms’ from the country’s Constitution,” said an official announcementreportedbystate news agency Xinhua. China’sconstitutioncurrently CONTINUED ON PAGE 2 FULL COVERAGE PAGE 12 EXPRESS NETWORK NEW DELHI, FEBRUARY 25 IN WHAT amounts to a significant diplomatic outreach to Pakistan, India has invited its Commerce Minister, Pervaiz Malik, to participate in the informalWTOministerialmeeting taking place in Delhi on March 19-20. Malik is said to have confirmed his attendance. TheinvitationtoMalikcomes in the wake of the late-Decembersecretback-channel negotiations between the two national security advisors, AjitDovalandNasserJanjua,first ● URI VILLAGERS MOVE TO RELIEF CAMPS, PAGE 6 reported in The Indian Express, and takes place after the global Financial Action Task Force (FATF) threatened to isolate Pakistan over the weekend if it didn’t stop using terrorism as an instrument of state policy. As the decision to participate in the SAARC summit, to be held in Pakistan, comes up again for consideration by the Centre — India and several other South Asian nations had refused to go last year, ensuring a cancellation of the summit — Delhi is planning a more nuanced Pakistan policy than has been seen since the Pathankot attacks two years ago. Diplomatic sources from India and Pakistan have confirmed that the two sides have decided to undertake an CONTINUED ON PAGE 2 Govt shortlists coal blocks for pvt mining in first round of auctions DEEPAK PATEL & ANIL SASI NEW DELHI, FEBRUARY 25 FOLLOWING ITS move to open up the coal sector, the NDA government is finalising a shortlist of about a dozen mining blocks that could be offered for commercial mining to private entitiesinthefirstroundof auctions. The shortlist of coal blocks — nearly all having at least 50 million tonne of reserves — include four mining blocks each in Odisha and Chhattisgarh, and oneeachinMadhyaPradeshand Jharkhand. By early next month, the Coal Ministry is likely to announcethetimelineaswellas the final list of mines that will be offered in the first round of auctions, a government official said. The auction process is expected to be wrapped up by March 2019, with possible participation from international miners such as Rio Tinto and BHP Billiton being anticipated in the wake of “feelers” received by authorities from some global miners, the official said. According to a shortlist prepared by the Coal Ministry late last year, the four mines from Odisha that are likely to be auctioned in the first phase are the Chendipada I, ChendipadaII, Mahanadi and Machhakata blocks. The four coal mines tentatively shortlisted from Chhattisgarh are Shankarpur BhatgaonIIExtension,Durgapur II/Taraimar, Durgapur II/Sariya and Madanpur (North). The block in Madhya Pradesh is a CONTINUED ON PAGE 2 ECONOMY ● KEY POSTS AT IRDAI, RBI STILL VACANT PAGE 11 United States with his brother Nishal, a Belgian citizen, on January 1, his wife, Ami, a US citizen,flewoutonJanuary6.Choksi isbelievedtohaveleftonJanuary 6.“Accordingtorecordsavailable with us, Modi and his wife travelled to the US,” said the official. The CBI has also written to at least five banks — Axis Bank, Allahabad Bank, State Bank of India,UCOBank and UnionBank of India — asking them to share details from their international divisions on buyer’s credit availed by firms which are part of the Modi and Choksi groups. Sources said this has been done to obtain information on buyer’s credit raised through LCs and LoUs by these banks, before the agency launches the formal process of sending Letters Rogatory to foreign countries seeking their assistance in the probe. “Since these are overseas branches of Indian banks from wherebuyer’screditwasavailed, we have written to their Chief CONTINUED ON PAGE 2 8 THEEDITORIAL PAGE Punjab CM’s son-in-law among 13 booked for bank fraud EXPRESS NEWS SERVICE NEW DELHI, FEBRUARY 25 THE Central Bureau of Investigation(CBI)hasregistered a case against top officials of Simbhaoli Sugars Ltd — one of the largest sugar mills in the country — including its Deputy General Manager Gurpal Singh, who is the son-in-law of Punjab Chief Minister Captain Amarinder Singh, for alleged bank loan fraud of Rs 97.85 crore and default of Rs 110 crore. According to the FIR filed by theCBI,therearetwoloans,both from the Oriental Bank of Commerce, under probe — a Rs 97.85 crore loan which was declared fraud in 2015, and a corporate loan of Rs 110 crore used to repay the previous loan. The second loan was declared NPA (non-performing asset) on November29,2016,nearlythree weeks after demonetisation of Rs 1,000 and Rs 500 notes was announced. The bank had complained to theCBIonNovember17,2017but CONTINUED ON PAGE 2 The lure of the populists BY CHRISTOPHE JAFFRELOT ‘Stalled projects’ is bad optics, so govt moves to tweak label Suggestion to ministries: Replace with ‘shelved’, ‘dropped’, ‘abandoned’ AMITAV RANJAN NEW DELHI, FEBRUARY 25 IN ORDER to lift confidence amongglobalinvestorsinIndia’s business environment, the Prime Minister’s Office (PMO) plans to weed out yet-to-takeoff ventures from among stalled projects in the country. The recommendation: Label proposals languishing on the drawing board as ‘shelved’ or ‘dropped’ or ‘abandoned’ if the promoters have no further intention to start implementation. Such a move is expected to bring down the number and investment value of stalled projects. As of last month, there were 925 projects with anticipated investmentof Rs13.25lakhcrore that had been marked as ‘implementation stalled’ on Private Economic Databases (PEDs). Of these, the top 100 projects, in termsof monetaryvalue,constituted more than 75 per cent of the total promised investments. “Wherever the project proponents have decided not to pursue the projects, the same shouldbeexplicitlystatedonthe (e-suvidha)portaltohelpPrivate Economic Databases (PEDs) to appropriately reclassify the project,” the PMO’s Project Monitoring Group (PMG) said in a communique to several ministries last month. “Continued classification of mere project ideas as ‘implementation stalled’ projects in public domain has been reflecting the investment scenario in poor light even though the promoters themselves have not taken any concrete/firm step towards the project implementation for a variety of reasons,” the note said. The PMG believes that these CONTINUED ON PAGE 2 ● PAGE ONE ANCHOR IN NAGALAND, A US-STYLE CAMPAIGN IS CLEANING UP ELECTIONS DIPANKAR GHOSE DIMAPUR, FEBRUARY 25 ● ‘DUTY TO ENSURE PARTICIPATION OF WOMEN IN ALL FIELDS’ PAGE 5 PNB scam accused may have got early warning in November MUMBAI, FEBRUARY 25 Under Common Platform, candidates share stage to speak on policies GOVT & POLITICS CBI SEEKS DETAILS FROM FIVE BANKS RASHMI RAJPUT REVITALISING INFRASTRUCTURE AND SYSTEMS IN EDUCATION IITs set to get 25% of govt loans for higher education institutes JOURNALISM OF COURAGE THELEADERSsitside-by-sideon a stage, a large banner behind them, and an eager audience down in front. Each leader gets up to speak, taking turns, in an attempt to sway the crowd. In election season, none of this seems quite out of the ordinary in Nagaland. Except, every leader on the stage is from a different political party, each the candidate from the constituency the meeting is beingheldin.Theaudienceisnot just biased party workers, but voters who have collected from towns and villages. And the banner behind them bears no political affiliation, but carries the name of a student organisation, and nearly always has the words “Clean Election Campaign”. In its quest for an election free of money and other incentives, Nagaland has come up with “Common Platform”, a US TRACKING CHANGE» WHY NOW ■ With a number of states going to polls, the EC told SC this month that it has suggested election reforms, which will need legislative action. An SC bench later ruled that all candidates have to declare the source of their income. EVERY MONDAY For all Change stories, log on to www.indianexpress.com/change Witness Change? Write to us at email@example.com presidential-style exercise where candidates assemble on one stage and speak on policies across villages, towns and district headquarters. The state votes Tuesday but organisers of the “Clean Election Campaign” say the idea was born at a meeting in 2012, Common Platform: Born in 2012, now active across state months before the 2013 assembly elections. One of those who attended that meeting was Hekani Jakhalu, the founder of Youthnet, an NGO that works with the government to “empower Naga youth”. “The Church and civil society were stunned at the amount of moneybeingusedbycandidates tobuyandsellvotes.Astudyconducted by Youthnet put the amount at Rs 570 crore. One of theprimaryreasons,werealised, was the candidates were going door-to-door and this facilitated the distribution of money. So we decided we would begin Common Platform, where civil society and other organisations wouldorganiseonepublicmeeting, where candidates would CONTINUED ON PAGE 2
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