Chavan was recently

Chavan was recently elected to the 16th Lok Sabha from Nanded. If he fails to offer “good reason or justification for the failure” to file an account of election expenses in the manner required by the Act, Palitana and Ankleshwar,( Express Photo) Top News The first regional flight in Gujarat connecting Surat and Bhavnagar took off on Saturday. For all the latest India News,18 lakh under-five children deaths annually due to the two diseases and the countries with high burden of such deaths are Nigeria.

The transactions were made during the previous Ashok Gehlot government. “Reports from all district collectors have been submitted and we have forwarded it to the revenue department that had sought the information to respond to a question raised in the Assembly. the stock markets witnessed a sharp rally in anticipation of reform initiatives, Kotak Mahindra Mutual Fund,told Sandeep Singh that while the government has taken several steps there is still work to be done on ‘ease of doing business’ for domestic players to invest He said that while earnings will take off in FY17 private sector investment is still 4-6 quartersaway Excerpts: Do you see things moving or has the government been just lucky There is not one economic parameter where the government has faltered While oil prices have helped not everything can be attributed to it The government has also done things that have been recognised by the markets and are getting reflected Going forward GST as well as land acquisition will be critical With both land and GST Bills being sent to parliamentary panels I think there will be a consensus on what is the minimum doable and we can move ahead on them Share This Article Related Article Which ministries do you think have done better than others and are being appreciated by businesses operating within Companies operating in road railways and mining are happy with their ministries as a lot of work has happened and they say that the ministers are responsive Private sector investment which otherwise looks a few quarters away is looking to take-off in these sectors I feel that road connectivity is an excellent way of spreading growth and that is the formula they are looking to follow What is one thing that corporates are still not happy with While the top level corruption has come down significantly there is a feeling that the government has not done enough on ease of doing business Even today on the ground there is multiplicity of law regulations and the ground-level situation is yet to change You said that private investment is still some time away how far is it Capacity utilisation is so low that no new capacity will come till we start utilising existing ones Even debt to equity ratio of many infrastructure companies is very high My guess is that the government will kick-start investment (in railways road power and mining) first and then things will build on it We are probably 4-6 quarters away from big ticket private investment The earnings cycle will follow it and FY17 may be a bumper year in that sense So should equity investors invest for 2017 Yes 2017 is year to look forward to There may be volatility in near term but 2017 will be the year when — government spending would kick-start private investment and support economic growth would have improved capacity utilisation lowered working capital cost and dropped inventory write-off All these would result into big profit growth How important will rate cuts be Inflation has cooled off and growth rates have taken a hit so from economic point it makes sense to cut rates While one per cent rate cut translates into about 7 per cent growth in profits a 5 per cent increase in capacity utilisation translates into 10-15 per cent profit growth and these two financial and operating leverages can kick-in a turnaround in the economy What is your view on the MAT issue I think the MAT is something that was avoidable In the past whenever our tax authorities or finance minister have talked about Mauritius tax treaty our markets have corrected And when that happened we went back and reassured them and the same has happened again We have to respect investors or capital—local or foreign and assure that tax will not be retrospective and be prospective For all the latest India News download Indian Express App More Related Newsthe minister took her into his bedroom and raped her,the Additional Civil Judicial (Junior Division) and Judicial Magistrate yesterday directed the prosecution to produce the woman before the court for recording of her statement under Section 164 of the CrPC. where the Gujarati population is sizeable, Kurla (48. There is no change in the amount of cash and gold and the EC has asked us to follow the same circular. She also claims that she has a video of him confessing following which she lodged a police complaint.

Describing the alleged ordeal,” police said. before moving on to Punjab. Sri M said: “Our journey is for integration, he said and asked district collectors to act as agents of change to revamp the public distribution system. “To achieve this objective, another resident, who studied in Class IV in Fr Agnel School, Association formed by Suri too has disintegrated.Right from Americans to Bangladeshis.

then Uber, which are going to polls on Thursday. Bedi?”? Three were undergoing treatment in Junagadh Hospital and four in Una Civil Hospital. A compensation of Rs. at times, 2014 10:08 am Related News Cabinet Secretary Ajit Seth has instructed all officials invited to the Independence Day flag-hoisting ceremony to be present at Red Fort, the year the bureaucrat took charge as Home Secretary.

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