Is Arvind Kejriwal afraid to continue as CM?

  Delhi CM Arvind Kejriwal got into power amid high expectations, but within a month he proved that he is incapable to run the government. He has tried to distract the people and the political parties by staging dharna at Rail Bhavan few weeks ago. Later, his government picked-up a fight with former CM of Delhi Shiela Dikshith and some others over different issues. Now, he is saying that he is ready to quit, if he couldn’t pass the Janlokpal Bill, which needs the support of BJP and Congress parties.   He seems to be afraid to hold his position as Chief minister of a tiny state like Delhi, so is he seeking excuse to quit with Janlokpal Bill. Perhaps, he might have realized that it is virtually impossible to implement all the poll promises made by his party during assembly elections. His government might have also realized that it couldn’t wipe out the corruption out of the administration and not even make it work properly for the people.   Although, there are no pressures on his government to immediately implement all the poll promises, Arvind Kejriwal seems keen to quit at the earliest. Actually, first he and his ministers would have tried to get hold on their government rather than trying to hit the media with one reason or the other. But, they seems realized that they are incapable of handling such tasks and so is looking for an excuse to get rid of their own government. Arvind Kejriwal and his team are just wasting a golden opportunity to prove their honesty not if their mettle.   Their failure also makes the people not to vote for such small parties that come with tall promises. They also forces the people to return to same old political horses-BJP and Congress. If Arvind Kejriwal steps down taking excuse with Janlokpal Bill, then he will be the first CM in the country, who is accepting his inability to run a government.   Obviously, no one can blame the grand old lady Shiela Dikshith anymore, who runs the Delhi government for 15 years continuously. No one can blame Congress party also as it has extended its support to popular Aam Admi party, honoring the people’s verdict.

The Global 50 Most Powerful Women Business '14

        The FORTUNE list of The Global 50 Most Powerful Women In Business is out with the new head of General Motors, Mary Barra, who has made it to the top of Fortune’s first list of the most powerful women in global business. We have PepsiCo’s Indra Nooyi, who is third on the list and ICICI’s Chanda Kochhar who moved from the 33rs rank in 2007 to the 18th spot this year are the only two Indian women on the list for 2014. U.S. based Indra Nooyi -58, the Chairman, CEO of  PepsiCo , who  dropped from the second rank last  year to No 3 this time has  the distinction of doubling up  outside sales the company in her seven years of her run in PepsiCo . The international markets now make up about half of the company's $65.5 billion in revenue which have increased the product and consumer base of the company. Fifty two year old Chanda Kochhar, the Managing Director, CEO of ICICI Bank who leads the second-largest bank in India, with  over $124 billion in assets, $1.5 billion in profit, and 3,588 branches across the country and with offices spread over 19 countries across the world making her the only Indian woman to be featured in the list for 2014.   The Global 50 Most Powerful Women in Business 2014 1. Mary Barra    GM       USA 2. Ginni Rometty   IBM USA 3. Indra Nooyi   PepsiCo USA 4. Maria  de Gracas Silva Foster Petrobras Brazil 5. Ellen Kullman DuPont    USA 6. Irene Rosenfeld Mondelez  USA 7. Marillyn Hewson Lockheed Martin USA 8. Meg Whitman Hewlett Packard  USA 9. Patricia Woertz  Archer  Daniels Midland    USA 10. Gail Kelly  Westpac      Australia 11. Sheryl Sandberg Facebook    USA 12. Phebe Novakovic General Dynamics  USA 13. Safra Catz  Oracle    USA 14. Marissa Mayer Yahoo      USA 15. Alison Cooper   Imperial Tobacco Britain 16. Güler Sabanci Sabanci Holding  Turkey 17.  Deb Henretta Procter & Gamble  USA 18.  Chanda Kochhar  ICICI Bank  India  19.  Sheri  McCoy Avon  USA  20.  Susan Wojcicki Google USA  21.  Ornella Barra     Alliance Boots  Britain  22.  Chua Sock Koong  Singapore Telecommunications   Singapore  23. Annika    FalkengrenSEB Sweden  24. Ursula Burns   Xerox    USA 25. Carol Meyrowitz   TJX Companies USA 26. Ho Ching  Temasek   Singapore 27. Anne Sweeney Disney  USA 28. Patricia  BarbizetKering France 29. Abigail Johnson Fidelity Investments   USA 30. Denise Morrison  Campbell Soup USA 31. Mary Callahan Erdoes JP Morgan USA 32. Elizabeth Corley  Allianz Global Investors Germany 33. Karen Agustiawan Pertamina Indonesia 34. Renée James  Intel   USA 35. Harriet Green ThomasCook  Britain 36. Pam Nicholson Enterprise  USA 37. Bridget Van Kralingen IBM USA 38. Nancy McKinstry Wolters Kluwer  Netherlands 39. Rosalind Brewer Wal-Mart Stores USA 40. Sandra E. Peterson Johnson & Johnson USA 41. Ana Patricia  BotínSantander U.K.Britain 42. Dong MingzuGree  Electric Appliances  China 43. Lubna Olayan Olayan Financing Saudi Arabia 44. Heather Bresch   Mylan USA 45. Ilene Gordon Ingredion USA 46. Carolyn McCall  Easy Jet   Britain 47.  Kwon Seon-joo Industrial Bank of Korea  Korea 48. Isabelle Ealet  Goldman Sachs Britain 49. Zhang Xin  SOHO China China 50. Angela Ahrendts  Burberry Britain 

SC rejects petitions filed against T-Bill

  The Supreme Court bench led by Justice Dattu and Justice Babde has dismissed all nine petitions filed against T-Bill today after hearing arguments made by senior advocates Nariman and Mohanlal Sharma on behalf of the petitioners. The arguments continued for around one and half hours, but at the end the apex court bench has made it clear that it doesn’t want to interfere in the bifurcation process at this stage.   The bench also said that it doesn’t find any difference between the previous and present petitions filed opposing bifurcation. Supreme Court also ignored the points raised by both lawyers of petitioners about Centre misusing article-3 and Assembly resolution passed against the T-Bill. The bench has not shown any interest to define the legal angle of Assembly rejecting the T-Bill sent by Centre.   Hence, a major hurdle in bifurcation process is cleared with Supreme Court’s latest verdict. This will encourage Cabinet to forward the T-Bill to President and he may approve and return to Cabinet without any second thought. However, if he wants to consider several appeals made by ruling and opposition parties including CM Kiran Kumar Reddy, he may put the bill on hold, but unlikely.   Next, if the Centre declares Hyderabad as union territory for 10 years, even TRS, which is fighting for separate state will oppose the bill in Parliament. So, Centre may scrap this idea and may push the bill through Parliament adopting ‘voice vote.’

Seemandhra Lobby presses for Hyderabad as UT

      The Group of Ministers (GoM) Seemandhra Lobby met again with the Union Cabinet, slated to take up the recommendations of the GoM for consideration at its special Telangana-centered meeting which will have to clear the UT model for the joint capital status to be held at 4.30 pm on Friday. Union home minister Sushilkumar Shinde, also the head of GoM, and key member Jairam Ramesh briefed the Prime Minister and Congress president Sonia Gandhi about its recommendation which has been given a political clearance by Sonia to forward the same for the approval of the full cabinet meeting to be held today evening. Their main recommendation is that Hyderabad be made a Union Territory for the next 10 years as it will serve as the joint capital of the two states of Telangana and residuary Andhra Pradesh after the division. A move which is vehemently being opposed by the Telangana parties and the TRS as this gives special powers to the governor with regard to law and order and realty issues. Apart from recommending that Hyderabad be made in to a UT, the GoM  has also asked for the following recommendations  which include: villages in Telangana's Khammam district to be combined (which may be submerged) with Seemandhra's East and West Godavari districts to avoid inter-state disputes while finishing the project.  Also the amendment to Section 46 (1) of the draft Telangana bill to enable the 14th Finance Commission to look at the available resources of the two states and making a viable financial package for  both states. Jairam Ramesh is also in talks with the BJP explaining the recommendations of the Seemandhra leaders regarding this.