Sitemap | Contact
Search   Search
INDUSTRIAL ECONOMIST
Cover Story

The initial big strike at Bombay High… The proximity of Gujarat and Maharashtra to the source of production, was a great boon. The states built in quick time large capacity fertilizer, petro-chemical and power plants based on gas and also used gas effectively for a variety of other industries.
more...
KG GAS - a fair share for south. IE organized a seminar on 19 December on the subject of the southern states making use of the elegance, economics and the eco-friendly nature of gas as a prime source of energy and as a feedstock for urea.
more...
The way forward…
There was welcome consensus on the urgency to make use of the large production of natural gas from the KG Basin.
more...

Inklings

KG Gas – promise of plenty: When we launched IE 41 years ago, we pledged to focus on balanced economic development of the different regions.
more...

Editor's Notes

Case for southern chief ministers to work together...
Activate the zonal and inter-state councils
Unstable equilibrium…
CII partnership summit returns to Chennai
‘Yellow Peas Dhal’ only at Rs. 26 per kg...
Chennai, the beautiful…
more...

Banking

Banking in Sikkim:
spreading slowly...For a population of 5.40 lakh, Sikkim has 73 bank branches.
more...

Politics

The lesson from Telangana and other regional movements need to provide greater autonomy for local and regional bodies.
more...

Interview

Sharad Pawar: We are not sitting idle on the price rise issue
more...
SAIL Chairman Roongta estimates Indian crude steel production to cross 100 mn tonnes over the next five years from the current level of 55 mn tonnes...
more...
Uday Shankar - CEO, Star India: Cable industry continues to be medieval in this country
more...

Macro Economics

Economy & markets: outlook 2010. India:
will we have NICE?
more...

Energy

Shale Gas: The biggest energy innovation of the decade. Why has India failed again?
more...

History

Durgapur - fifty years ago: A voice from the past – beyond the oblivion.
more...

Capital Notes

TATA Nano going places
TCS
lone bidder for UK pension scheme
Deutsche bank
top foreign banks investing in India
HUL,
threatened by royalties from parent
More on autos -
VW goes aggressive
more...

Commentary

Expatriate workers: Notification on expatriate workers hits steel projects
more...

Highway

A third of all highway
projects stuck in arbitration
more...

Marketing

Soaps & detergents: HUL arrests market share decline
more...

Interview: COPU chairman K C Deo


Virtual loot in NHAI - K C Deo

He all but got the Speaker’s post after the Lok Sabha elections in May 2009. But an eleventh hour change of mind by the Congress - led UPA saw dark horse Meira Kumar, daughter of the late Jagjivan Ram, in the hot seat instead. The unexpected decision did not leave the man bitter. He kept his cool throughout. And the man one is talking about is senior Congress leader Vyricherla Kishore Chandra Suryanarayana Deo.

Deo is a tribal, albeit of royal lineage. He had his education from the Madras Christian College where the CPI-M general secretary Prakash Karat was a contemporary. Apart from English, Deo speaks several Indian languages such as Telugu, Oriya, Tamil and Bangla.

Deo, 62, represented the reserved Parvathipuram constituency of Andhra Pradesh for four terms. He has retained his seat in the present house, winning from Araku (ST) constituency in Andhra Pradesh. He was a member of the Rajya Sabha during 1994-2000.

Deo was Union Minister of State, Ministry of Steel, Mines and Coal during 1979-80 in the Charan Singh government. Chairman of the Privileges Committee in the 14th Lok Sabha, Deo now heads the committee on public undertakings (COPU).

Strict disciplinarian...

Soft spoken and gentle, Deo is a strict disciplinarian when it comes to rules and norms governing the functioning of the parliamentary committee.

In fact at the committee’s meeting before the winter session of parliament, Deo asked TDP MP Nama Nageswara Rao to leave the meeting until discussions on NHAI are over because Rao’s firm had business interests in infrastructure and road construction. Rao, whose firm Madhucon receives NHAI contracts, returned to the meeting after discussions on NHAI were over. Three of the panel’s 22 members have business interests in infrastructure and road construction - TDP MPs Nama Nageswara Rao, Congress MPs (RS )

T Subbirama Reddy and L Rajagopal. Reddy and Rajagopal absented themselves adhering to COPU chairman Kishore Deo’s diktat.

Deo spoke to IE Delhi-representative Nallan Chakravarthi on the working of the National Highway Authority (NHAI). He spoke on how COPU functioned under its mandate granted by parliament. Excerpts:

IE: Sending a member out of the meeting – was it a difficult decision?

Deo:
I was only implementing the Speaker’s directions regarding conflict of interest. I cannot allow MPs to use the panel to further their business interest.

IE: You are well known for your proactive role as the chairman of the house committees, especially the privileges committee. How are things moving ?

Deo:
The Committee on Public Undertakings generally has three kinds of reports. We take some essential excerpts from CAG reports on the PSUs; secondly, we make comprehensive reports taking 10-15 PSUs together covering essentially every key aspect of a public sector functioning and thirdly, we work on theme-based concept for public undertakings in general. For instance, one can take disinvestment. This time we are working on ‘Corporate Governance and Management.’

IE: What was your experience probing the work of NHAI?

D
eo:
About the National Highway Authority of India there was already a CAG report on some lapses on the work on Delhi-Gurgaon segment. We took this up and have already given our findings in a report presented to parliament.

IE: Yes, the report has pulled up NHA for lapses….

Deo:
The lapses are shocking. There was virtual loot of the public money. (TheNHAI and the Ministry of Road Transport and Highways came under fire from COPU for gross neglect and ignoring road safety norms in the Delhi-Gurgaon expressway project. The panel recommended that an independent investigating agency should probe irregularities in theproject. It took a strong view of lack of any guidelines on mode of execution of the project and ‘scant regard for human life’ by NHAI on the expressway.

NHAI also came under fire for traffic snarls at toll plazas. The report says, “… the avoidable confusion and chaos at toll plazas and undue traffic hold-ups there, tend to negate the very purpose for which the expressway was constructed.”

The committee also questioned NHAI’s intentions of awarding the completion certificate to concessionaire DS Constructions even before the project was completed. The report said: “the committee is of the strong view that the whole issue of completion certificate may be revisited by NHAI and those found guilty should be punished and penalty provisions be invoked on the concessionaire.”

The committee observed that the way the entire project was implemented “gave an impression that the government was more interested in fulfilling the commercial interests of the concessionaire instead of serving the public interest.” The committee has recommended that an independent investigating agency should probe the entire matter and taken action against NHAI officials and the concessionaire.


 
Advertisement
SEZs - Prospects & Challenges
Home | Archives | Special Supplements | Advertisements | Subscriptions | About Us | Contact Website design: mayuri multimedia