TheIndian EXPRESS LATE CITY, 14 PAGES, JAIPUR, `5.00 ● WEDNESDAY, JUNE 27, 2018 ● WWW.INDIANEXPRESS.COM DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA APPEAL IN KARNATAKA HIGH COURT Mallya’s plea: Let my firms sell assets worth Rs 13,900 crore, repay banks If he wanted to repay, he had years to do so: MoS Akbar KHUSHBOO NARAYAN MUMBAI, JUNE 26 DAYS AFTER the Enforcement Directorate moved a special court to declare him a fugitive economicoffender,VijayMallya, the promoter of the now groundedKingfisherAirlinesLtd, Tuesday said that he has requested the Karnataka High Court on June 22 to allow his firms to sell assets worth ‘Made poster boy of bank default’ Rs 13,900 crore “under judicial supervision” and “repay creditors including the public sector banks” that have declared him a wilful defaulter. According to government Can now apply for passport from anywhere in India: MEA data as on May 15, Kingfisher Airlines owes Rs 9,990 crore to a consortium of 17 public sectors banks. Mallya’s offer to repay state-ownedbanksandcreditors comes three days after the Enforcement Directorate (ED) filed an application before a special court in Mumbai seeking to declare Mallya, a ‘fugitive economicoffender’andimmediately confiscate his assets worth Rs 12,500 crore under the CONTINUED ON PAGE 2 Choksi diverted Rs 4,000 cr to Gitanjali subsidiaries: Probe KHUSHBOO NARAYAN MUMBAI, JUNE 26 GITANJALI GEMS owner Mehul Choksi allegedly diverted about Rs 4,000 crore of the Rs 6,000 crore from outstanding letters of undertaking (LoUs) and foreign letters of credit (FLCs) issued by PunjabNationalBank(PNB)tohis flagshipfirm’ssubsidiaries,other companies linked to him abroad and to buy a villa in the UAE, sources told The Indian Express. Among the companies that benefitted, sources said, included a US firm owned by Nehal Modi, Choksi’s nephew and the brother of PNB scam coaccused Nirav Modi. According to sources, the Enforcement Directorate found CONTINUED ON PAGE 2 Amarnath Yatra today: Pilgrims are ready but ‘a little worried’ Amarnath cave EXPRESS NEWS SERVICE NEW DELHI, JUNE 26 BUSINESS AS USUAL BY UNNY EXTERNAL AFFAIRS Minister Sushma Swaraj on Tuesday launchedaschemeunderwhich apersoncanapplyforapassport from anywhere in India, irrespective of the place of stay. The minister also launched a mobile application, available on Android and iOS platforms, through which a person can apply, pay and schedule appointments for acquiring a passport. Under the new scheme, a person can now choose the Regional Passport Office (RPO) and the Passport Seva Kendra (PSK) or Post Office Passport SevaKendra(POPSK)forsubmitting the application, irrespective CONTINUED ON PAGE 2 TRACKING THE YATRA JOURNALISM OF COURAGE No patience, build Ayodhya temple as soon as possible: Uma Bharti MAULSHREE SETH LUCKNOW, JUNE 26 A DAY after Uttar Pradesh Chief Minister Yogi Adityanath sought patience while assuring that a Ram temple will be built on the disputed site in Ayodhya, Union Minister Uma Bharti turned up the heat further to declare that she was among those who wanted the ‘Courageous temple “built decision as soon as expected’ possible”. Speaking to reporters in Ayodhya Tuesday, Bharti said: “Main unmein se hoon jo dhairya dharan nahi karte, hum toh chahte hain ki jaldi se jaldi Ram Mandir ka nirman ho (I am not amongthosewhohavepatience. I want the Ram temple to be built as soon as possible).” Bharti said that since the BJP enjoys“absolutemajority”inthe state and Centre, she expects “a courageous decision” so that the CONTINUED ON PAGE 2 ● JAMMU 6 ANAND MOHAN J JAMMU, JUNE 26 HEERA LAL Singh’s family in Dhanbad had asked him not to go on the Amarnath Yatra this year. There were heated discussions within the family over the tension around this year’s Amarnath Yatra, but in the end, Singh convinced his family and made it to the Bhagwati Nagar base camp in Jammu Monday. Pilgrims at the base camp in Jammu, Tuesday. Praveen Khanna He was ahead of schedule and is also possibly the first yatri to enter its spacious halls. “I have undertaken five Amarnath Yatra trips. But this year’s trip willbeachallengeforme,”Singh (61) says. “I guess I am the first person to arrive. I hope others will make it in time,” he says. CONTINUED ON PAGE 2 THE EDITORIAL PAGE Missing Sam BY BRANDY BATLIWALA Economy in a bright spot, India growth engine of world: PM EXPRESS NEWS SERVICE MUMBAI, JUNE 26 PRIME MINISTER Narendra Modi on Tuesday said that his governmentiscommittedtothe path of fiscal consolidation and the economy is in a “bright spot” with strong macroeconomic fundamentals like lower inflation, foreign exchange reserves of over $ 400 billion and robust foreign direct investment flows. Stating that a “new India” is rising, Modi said, “India’s economic resurgence closely mirrors that of many other parts of Asia and has become the main growth engine of the world now.” Addressing the third annual meeting of the Asian Infrastructure Investment Bank (AIIB) here, Modi said the government’s debt as percentage of GDP is consistently declining Jaipur Narendra Modi in Mumbai on Tuesday. Nirmal Harindran and India has achieved a rating upgrade after a long wait. The government had said in the Union Budget in February that the fiscal deficit will overshoot to 3.5 per cent from the earlier estimateof 3.2percentinthefiscal ended March 31, 2018. The fiscaldeficittargethasbeenfixed at 3.3 per cent for 2018-19, against the Fiscal Responsibility and Budget Management Act target of 3 per cent. CONTINUED ON PAGE 2
Indian Express Limited is an Indian news media publishing company. It publishes several widely circulated dailies, including The Indian Express and The Financial Express in English, the Loksatta in Marathi and the Jansatta in Hindi.