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PM launches portal for citizens to contribute in governance

Written By Unknown on Minggu, 27 Juli 2014 | 23.56

Modi said MyGov (mygov.nic.in) is a technology-driven medium that will provide citizens an opportunity to contribute towards good governance, the statement added.

Prime Minister Narendra Modi today launched a website MyGov that aims to help citizens contribute in governance by giving their opinions and views on important issues like clean Ganga or skill development. The inauguration of the people-centric platform also marks the completion of 60 days of the new government. The Prime Minister said in the past 60 days, the experience of his government was that there were many people who wanted to contribute towards nation-building and devote their time and energy, an official statement said. Modi said MyGov (mygov.nic.in) is a technology-driven medium that will provide citizens an opportunity to contribute towards good governance, the statement added. "The platform would bridge gap gulf between people and government. Democracy cannot succeed without people's participation in government and this participation should not be limited only during elections," the Prime Minister said.

Also Read: Debt MF relief:FM says no retro tax, new regime from Jul 11

Besides Modi, Communications and IT Minister Ravi Shankar Prasad, Cabinet Secretary Ajit Seth, DEITY Secretary R S Sharma were also present at the launch of the portal. National Informatics Centre (NIC) of the Department of Electronics and Information Technology (DeitY) will implement and manage the platform. There are multiple theme-based discussions on MyGov where a wide range of people can share their thoughts and ideas with the government, Sharma told reporters after the launch. "It is also an initiative to build a digital knowledge library. We will guide the people on the topics of national importance on which the government would like to know their views and ideas," he added.

The platform presents an opportunity for the citizens to both 'Discuss' and 'Do', Sharma said, adding, any idea shared by a contributor will also be discussed on the discussion forums, allowing constructive feedback and interaction. At present, there are six groups on the platform -- Clean Ganga, Girl Child Education, Clean India, Skilled India, Digital India and Job Creation. "Citizens can also volunteer for various tasks and submit their entries. These tasks would be reviewed by other members and experts. Once approved, these tasks can be shared by those who complete the task and by other members on MyGov," Sharma said.

Each group consists of online and on-ground tasks that can be taken up by the contributors. The objective of each group is to bring about a qualitative change in that sphere through people's participation, he said. "We will review the working on MyGov in three months and over time the number of groups, tasks and discussions will increase. The platform will also be used as a comprehensive knowledge repository," Sharma added.

The portal can even be extended to act like public audit platform for government projects like citizens giving feedback on status of completed infrastructure projects or availability of various social sector programmes, he said.


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Force Motors Q1 net up 36% at Rs 19cr

Net sales of the Pune-based company rose to Rs 538.42 crore for the first quarter, as against Rs 497.13 crore in the same period of previous fiscal, Force Motors Ltd said in a BSE filing.

Force Motors  today posted 35.87 percent increase in its net profit at Rs 19.39 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 14.27 crore for the same period of previous fiscal. 

Also read: Force Motors spurts 19% as promoters raise stake in co

Net sales of the Pune-based company rose to Rs 538.42 crore for the first quarter, as against Rs 497.13 crore in the same period of previous fiscal, Force Motors Ltd said in a BSE filing.

Force Motors sells a range of vehicles, including small commercial vehicles, multi-utility vehicles (MUVs), light commercial vehicles, sports utility vehicles (SUVs) and agricultural tractors.


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Measuring real-time social data with Unmetric

Social media analytics firm Unmetric's Co-Founder and CEO, Lakshmanan Narayan was in the country recently. Storyboard Editor Anant Rangaswami caught up with him to understand what role measurement plays on the social web. Listen in.

Social media analytics firm Unmetric's Co-Founder and CEO, Lakshmanan Narayan was in the country recently. Storyboard Editor Anant Rangaswami caught up with him to understand what role measurement plays on the social web. Listen in.


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Rel Power submits information on Sasan expansion to EAC

In its June 27 meeting to consider proposal for Moher and Moher Amlori coal mine capacity expansion, the Expert Appraisal Committee (EAC) had sought additional information from the company.

Reliance Power  has submitted additional information on expansion of coal mining for its Sasan power project in Madhya Pradesh for obtaining environment clearance.

In its June 27 meeting to consider proposal for Moher and Moher Amlori coal mine capacity expansion, the Expert Appraisal Committee (EAC) had sought additional information from the company.

Reliance Power has submitted the requisite information sought by EAC, a source said.

EAC had sought additional information by July 2. A company source confirmed that the additional information sought by EAC has been submitted within the deadline by Reliance Power.

Also read: Reliance Power consolidated Mar '14 sales at Rs 1,358.66 crore

The proposal was for expansion of production capacity at Moher coal mine from 12 million tonnes per annum (MTPA) to 15 MTPA and that at Moher Amlori mine from 16 MTPA to 20 MTPA to feed the ultra-mega Sasan power project.

The EAC "after detailed deliberations, sought information for further consideration of the project," minutes of the June 27 meeting stated.

It asked Reliance Power to submit details of land use pattern covering total project area; total mining lease area; total forest land; total forest clearance obtained and balance forest clearance awaited in a tabulated form.

Reliance Power had in September 2012 started mining for coal for the 4,000 MW Sasan project.

Reliance Power stock price

On July 25, 2014, Reliance Power closed at Rs 90.85, down Rs 3.65, or 3.86 percent. The 52-week high of the share was Rs 112.35 and the 52-week low was Rs 60.10.


The company's trailing 12-month (TTM) EPS was at Rs 0.07 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 1297.86. The latest book value of the company is Rs 60.18 per share. At current value, the price-to-book value of the company is 1.51.


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1% Chinese own one-third of national wealth: Report

About one per cent of Chinese households own one-third of the nation's wealth, a report has said, raising concerns about income inequality in the world's most populous country led by Communist Party of China.

About one per cent of Chinese households own one-third of the nation's wealth, a report has said, raising concerns about income inequality in the world's most populous country led by Communist Party of China.

Chinese households on average had a net worth of 439,000 yuan (about USD 71,000) in 2012, up 17 percent from the 2010 level, said the study by Peking University on China's livelihood development.

Also read: Is China set up for a 'perfect storm' in 2016?

However, income inequality rose rapidly during the period, the report said, as the top one percent of Chinese households held more than one-third of the nation's wealth, while 25 percent of households at the bottom owned only 10 percent of the country's property value.

The inequalities grew as China moved away from the stringent socialist ideology of Communist Party founder Mao Zedong to more market oriented reforms in the last three decades which generated vast wealth but widened the rich-poor divide.

The researchers who conducted their study based their main analysis on 2012 data from the China Family Panel Studies, a large-scale survey project conducted by the institute.

The report showed about 74.7 percent of Chinese household wealth came from owning real estate.


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CSOFT:A provider of globalisation communication solutions

Shunee Yee a Chinese entrepreneur is the perfect example of east meets the west. She serves Fortune 500 clients helping them launch their products worldwide using the services of a global communications company Csoft International. Let us take a look at Shunee and Csoft International at YT International.

Shunee Yee a Chinese entrepreneur is the perfect example of east meets the west. She serves Fortune 500 clients helping them launch their products worldwide using the services of a global communications company Csoft International. Let us take a look at Shunee and Csoft International at YT International.


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dwll.in: One stop shop for all interior needs

While we think Google is the go to for just about anything including contact information of professionals Pankaj Poddar & Parikshit Hemrajani beg to differ. When Parikshit had to look for an interior designer online to do up his living room it turned out to be a harrowing experience and so this duo from ISP Hyderabad decided to launch dwll.in.

While we think Google is the go to for just about anything including contact information of professionals Pankaj Poddar & Parikshit Hemrajani beg to differ. When Parikshit had to look for an interior designer online to do up his living room it turned out to be a harrowing experience and so this duo from ISP Hyderabad decided to launch dwll.in, a curated network of interior designers into 2013. Let's take a look at the dwll story.


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Indian Overseas Bank Q1 net zooms over 2-fold to Rs 271cr

Gross NPA of the bank as on June 30, 2014 stood at 5.84 percent, as against 4.45 percent registered during the same period of the previous year.

Public sector  Indian Overseas Bank has reported over two-fold jump in net profit for the first quarter ended June 30, 2014 at Rs 271.72 crore. The city-based bank had reported net profits of Rs 125.79 crore in the corresponding period of the previous year. Total income for the first quarter ended June 30, 2014, grew to Rs 6,284.69 crore from Rs 6,187.15 crore registered during the same period of the previous year.

Gross NPA of the bank as on June 30, 2014 stood at 5.84 percent, as against 4.45 percent registered during the same period of the previous year.

Also Read: Central Bank of India Q1 profit jumps 9 times to Rs 192 cr

Net NPA stood at 3.85 percent in the reported quarter as against 2.81 percent registered during the same period of the previous year. Total business for the April-June 2014 quarter grew to Rs 3,99,188 crore, up by 9.94 percent, from Rs 3,63,087 crore registered during the same period of the previous year.

The bank said total deposits for the quarter grew to Rs 2,21,879 crore from Rs 1,96,213 crore in the year-ago period. Gross advances increased to Rs 1,77,309 crore, as on June 30, 2014 from Rs 1,66,874 crore, registered during the same period of the previous year. CASA Ratio stood at 24.50 percent as on June 30, 2014 as against 25.61 percent as on June 30, 2013, the bank said.


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Jaypee Infratech Apr-Jun quarter net drops 43% at Rs 45cr

Jaypee Infratech Ltd today reported a 43 percent drop in standalone net profit at Rs 45.96 crore for the quarter ended June on the back of lower income.

Jaypee Infratech Ltd  today reported a 43 percent drop in standalone net profit at Rs 45.96 crore for the quarter ended June on the back of lower income.

The company's net profit in the corresponding quarter of the last fiscal was at Rs 81.01 crore, the company said in a filing to BSE.

Also read: SC dismisses JP Infra's plea, upholds green tribunal order

The total income from operations of the company came down to Rs 705.64 crore, over Rs 769.20 crore in the same period of FY'14, the company said.

The total expenses of the company declined to Rs 439.49 crore, over Rs 442.60 crore in corresponding quarter of the last financial year, it said.


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TOP TEN RAINIEST CITIES IN INDIA ON FRIDAY

Rain has reduced significantly across the country but Baroda in Central India received heavy Monsoon rain up to 121 mm in the last 24 hours. According to the latest weather update by Skymet Meteorology Division in India, the west coast will continue to receive fair amount of rain but coastal parts of north Maharashtra will witness subdued activity, in the absence of a fresh Monsoon surge.

Here's a look at our list of top ten rainiest cities in India on Friday:

Cities State Rainfall(in millimeters) Baroda Gujrat 121 Honnavar Karnataka 46 Kozikhode Kerala 43 Mount Abu Rajasthan 41 Ranchi Jharkhand 37 Kannur Kerala 37 Jamshedpur Jharkhand 36 Karwar Karnataka 34 Chittorgarh Rajasthan 33 Goa Goa 31  

By: Skymetweather.com


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