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Bihari Buddhi can checkmate anyone

By ASMITA BIHARI
September 15, 2020 19:25 IST
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Biharis can confidently decide whether they want to follow Badlav Se Bhadiya Bharosa (Trust is Better than Change) or Badaliye Sarkar, Badaliye Bihar (Change the Government, Change Bihar), asserts Asmita Bihari.

IMAGE: Bihar Chief Minister Nitish Kumar, left, greets Bharatiya Janata Party national President Jagat Prakash Nadda at 1, Aney Marg, his official residence, in Patna, September 12, 2020. Photograph: PTI Photo
 

A shower of government largesse will rain down on Bihar in anticipation of the Election Commission announcing the dates for the assembly election in the flood-hit state.

In all probability, this will occur once the inauspicious period of Pitra Paksha ends on Thursday, September 17.

Light showers have already been experienced, courtesy announcements made by the prime minister on the various projects securely treasured for Bihar, the doors of which have been opened at the very last moment to woo the not so gullible Biharis.

This is besides various projects being announced by Chief Minister Nitish Kumar himself.

Rashtriya Janata Dal leader Tejashwi Yadav has already grabbed the heavy cartload of unemployed Bihari youth and promised them jobs; he even launched an online registration site for them.

Approximately 500,000 Bihari youngsters have registered on the RJD site, which seems a paltry number in a state where the unemployment rate is at a staggering 45%.

While the new projects being doled out are welcome, Biharis have not forgotten the promises of old.

The Smart Cities in Muzzafarpur and Patna.

The software technology parks in Bhagalpur and Darbhanga. TCS in Patna (inaugurated, but not generating local employment).

The Namami Gange project.

Besides, of course, the illusory special status and package for the state.

We Biharis keep track of all the promises made and make you politicians accountable for it.

Like it was done in the 2015 assembly election when the Bharatiya Janata Party was reduced to 53 seats from the 91 that the party had won in 2010.

This also had a bearing on the reduction of seats for the Janata Dal-United whose seat share fell from 115 to 71.

The BJP-led National Democratic Alliance's core vote bank has historically been upper caste Hindus and some Other Backward Classes.

If a small percentage of the upper caste vote shifts from the BJP -- disillusioned by the losses in business caused by the double strike of the declining economy and the harsh lockdown -- it could affect the NDA's total number of seats won.

The single digit parties of 2015 -- Jiten Manjhi's Hindustani Awam Morcha, the Paswans's Lok Janshakti Party -- could be gamechangers this time.

The Pappu Yadav-led Jan Adhikar Party was formed a few months prior to the 2015 election. Over the last five years, Pappu has done a lot of work amongst the people, specially during the floods and coronavirus crisis. He clearly wants to be the messiah of the OBCs and Dalits in Lalu Prasad's absence from the electoral scene.

It remains to be seen if the Communist Party of India's Kanhaiya Kumar will take up the challenge of leading the Left bloc and improving its score from the 3 seats it won in 2015.

The solid Left base constituencies include Purnia, Begusarai, Madhubani, Jehanabad, Aurangabad and Bhojpur districts where the Communists enjoy both influence and support.

If these parties increase their seats from 2015, then they could tilt the balance between the two alliances -- the NDA and the RJD-led Mahagatbandhan (minus the JD-U and HAM from 2015).

That would mean their stock value going up meteorically for the highest bidder to woo them to their side.

And no prizes for guessing which alliance has the monetary capability and penchant for such trades.

Which brings us to the Indian National Congress, which was reduced to a pathetic 4 seats in 2010.

The Congress managed to win 27 seats in 2015 on the back of the support for the Mahagatbandhan, which then included the RJD and the JD-U.

The Congress was content to playing a subordinate role, agreeing to contest only 40 seats as against the 100 each in favour of the RJD and JD-U in 2015.

The RJD and Congress -- which remain in the 2020 Mahagatbandhan -- have not yet struck a seat sharing deal for the coming election.

With interim Congress President Sonia Gandhi and her son away in the US for medical consultations, a seat share arrangement may take some more time.

Congress apathy towards the Bihar assembly election is clear -- few virtual rallies are being conducted in individual districts with the big guns missing -- and it seems clear that the Congress is resigned to being a minor player in the state once again.

This Navratri could begin with various announcements from the main electoral players.

The seat sharing formulae, candidate lists, party manifestos and more announcements of packages and incentives to entice the voter.

Past elections have proven that the Bihari Buddhi can checkmate anyone who underestimates their wisdom and can clearly see through the smoke and smog.

Biharis can confidently ascertain whether they want to follow Badlav Se Bhadiya Bharosa (Trust is Better than Change) or Badaliye Sarkar, Badaliye Bihar (Change the Government, change Bihar).

Asmita Bihari is a non resident Bihari.

Feature Presentation: Aslam Hunani/

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Bihari Buddhi can checkmate anyone

Covid-19 test rate at private labs in Rajasthan slashed to Rs 1,200 | Jaipur News - Times of India

Covid-19 test rate at private labs in Rajasthan slashed to Rs 1,200

Representative image
JAIPUR: The Rajasthan government on Tuesday revised the rates for Covid-19 tests conducted by private labs in the state from Rs 2,200 to Rs 1,200. Health minister Raghu Sharma said the prices of RT-PCR testing kits, reagents, VTM kits and other consumables have reduced and therefore it was decided to provide the testing facility to people at lower prices.
Principal secretary, medical and health, Akhil Arora issued an order in this regard on Tuesday.
The test for COVID-19 will now be conducted at Rs 1,200, inclusive of GST, at the private laboratories accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) and approved by the ICMR.

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    Bihari Buddhi can checkmate anyone

    Max India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital ReductionMax India to Explore Rewarding Shareholders via Capital Reduction

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    Max India to offer acquiring up to a maximum of 20% of its outstanding shares from public shareholders at Rs. 85 per share; a premium of 37% to its last closing price of Rs. 62 per share Company to utilize up to Rs. 92 Cr. for the capital reduction exercise The offer comes shortly after the relisting of Max India shares post demerger Max India Limited, a part of the USD 3 bn Max Group, today announced that it would explore a capital reduction program to reward its shareholders, as communicated during the divestment of Max Bupa by the erstwhile Max India. The company plans to offer its public (i.e., non-sponsor group) shareholders the option of taking Rs. 85 per share for up to 20% of their shareholding in lieu of cancelling these shares. Max India, which recently relisted on the Indian bourses on August 28, 2020 after a demerger process has a treasury corpus of over Rs. 400 Cr. created primarily from divestment proceeds of its erstwhile subsidiary, Max Bupa. It intends to utilize up to Rs. 92 Cr. from this corpus for the capital reduction process, while the balance of Rs. 300+ Cr. will be apportioned for growth and other operational expenses. Max India's shares closed at a price of Rs. 62 per share on September 14, 2020. The cash out through a Capital Reduction process translates to a 37% premium to this price. The Board of Max India approved the capital reduction exercise earlier today. The proposal will also need to be approved by a special resolution of public shareholders. It will additionally need regulatory approvals including from stock market regulator and NCLT, Mumbai. The approvals process is expected to take about 6-8 months. Post capital reduction, Max India's outstanding shares will decrease by up to 20%, from 5.38 Cr. to 4.3 Cr. The Max India sponsor group has communicated its intention of not tendering its shares for capital reduction. Consequently, their shareholding is likely to increase to 51% from the current 41%. They will seek a SEBI exemption from the open offer requirement accordingly. The final quantum of capital reduction will be based on SEBI's decision on an exemption. Max India is the holding company of Max Group's Residences for Seniors and Senior Care business, collectively known as 'Antara'. It also owns a skilling company, 'Max SkillFirst'. Speaking on occasion, Mohit Talwar, Vice Chairman, Max Group & Managing Director, Max India said, "We had expressed our intent to reward our shareholders at the time we divested our health insurance business Max Bupa. This capital reduction process is a move towards that intent even though capital conservation has become important after the onset of COVID-19 induced economic slowdown. We will still have sufficient growth capital for growth and other expenses." Antara, Max India's flagship operating business is an integrated service provider for all senior care needs. It operates across two categories - Residences for Seniors and Assisted Care Services. Antara's flagship residential community is located in Dehradun with nearly 200 apartments. Earlier in the year 2020, it launched a new senior living facility in Noida, Sector-150. With 340 apartments in its first phase of development, it will cater to the social, recreational, educational, wellness, and health-related needs of seniors and be ready for living by 2024. Antara's Assisted Care Services include 'Care Homes' and 'Care at Home'. They cater to seniors over the age of 55, who need more immersive interventions in their daily lives due to medical or age-related issues. With its first facility in Gurugram launched in July 2020, Antara's Care Homes, provide long-term care to seniors who need constant medical and nursing supervision and short-term care services for recuperation. Antara plans to set up a chain of 35-40 Care Homes, including Memory Care Homes in the next 3-4 years. Its Care at Home services will provide well-equipped, medically trained professionals who can offer seniors care inside their own home's comfort. Max India also operates a skilling company, Max SkillFirst. It is a skilling solutions provider for professionals in the sales and services domain. About Max Group The Max Group is a leading Indian multi-business conglomerate with a commanding presence in the Life Insurance industry and has ventured into high potential sectors of Senior Care and Real Estate. The Group recorded consolidated revenues of ~Rs. 19,800 Cr. in FY2020. It has a total customer base of ~4 million, around 400 offices spread across India and an employee strength of more than 16,000 as on 31st March 2020. The Max Group comprises three holding companies - Max Financial Services and Max Ventures & Industries, which are listed on the Indian stock exchanges, and Max India, which was delisted on June 11, 2020 as a part of an ongoing demerger process and relisted on the BSE and NSE on August 28, 2020. The Group's investor base includes marquee global financial institutions such as New York Life, KKR, IFC Washington, Baron, Vanguard, Ward Ferry, Briarwood Capital, Locus Investments, Nomura, First State Investments, Blackrock, First Voyager, Eastspring, Target Asset Management, Jupiter, Habrok and Doric Capital. About Antara Launched in 2013, Antara is a wholly-owned subsidiary of Max India Limited. It is an integrated service provider for all senior care needs. It operates two main lines of businesses - Residence for Seniors and Assisted Care Services. Antara's first residential community in Dehradun consists of around 200 apartments spread across 14 acres of land. In 2020, Antara launched a new senior living facility in Noida, Sector-150. With 340 apartments in its first phase of development, it will cater to the social, recreational, educational, wellness, and health-related needs of seniors and will be ready for possession by 2024. Antara's Assisted Care Services include 'Care Homes' and 'Care at Home'. They cater to seniors over the age of 55, who need more immersive interventions in their daily lives due to medical or age-related issues. Starting with the first facility in Gurugram, Antara's Care Homes, provide long-term care to seniors who need constant medical and nursing supervision and short-term care services for the recuperation of seniors. Antara plans to set up a chain of 35-40 Care Homes in the next three years. Its Care at Home services will provide well-equipped, medically trained professionals who can offer seniors care inside their own home's comfort. For more information, please visit antaraseniorliving.com.

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