KOCHI l TUESDAY l JUNE 25, 2019 l `7.00 l PAGES 20 l LATE CITY EDITION VIRAL ACHARYA CUTS SHORT HIS STINT AS DEPUTY RBI GUV The outspoken banker has resigned six months before the scheduled end of his term, citing personal reasons SECOND HIGH-PROFILE EXIT IN SIX MONTHS REBEL WHO CROSSED SWORDS WITH GOVT This is the second high-profile exit from RBI in the past six months. In December 2018, then governor Urjit Patel had resigned nine months before the end of his scheduled term. “A few weeks ago, Acharya submitted a letter to RBI informing that due to unavoidable personal circumstances, he is unable to continue as a dy governor beyond July 23, 2019,” RBI said ■ ■ Acharya had made public disputes with the government over issues like lending curbs on PSU banks, cash availability to the NBFC sector, and handing over excess reserves to govt Acharya’s resignation is not surprising and will not roil the markets, State Bank of India said in a research report on Monday Jan 2020 WHEN VIRAL ACHARYA’S THREE-YEAR TERM WAS SCHEDULED TO END CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI EXPRESS READ T J S George wins award T’Puram: Veteran journalist, editor and noted writer T J S George, Editorial Advisor of The New Indian Express has been chosen for the Swadeshabhimani -Kesari Media Award 2017, the highest honour for senior journalists, instituted by the Government of Kerala. Chief Minister Pinarayi Vijayan will present the award at a function to be held at the Tagore Theatre here at 5 pm on July 1. US slaps fresh sanctions on Iran Washington: US President Donald Trump on Monday slapped fresh sanctions on Iran targeting Iranian Supreme Leader Ayatollah Ali Khamenei and other officials. ‘Tree Man’ wants hands amputated Dkhaka: Abul Bajandar of Bangladesh known as the ‘Tree Man’ because of barklike growths on his body said Monday he wanted his hands amputated to reduce pain. Cong begins purge in UP New Delhi: A month after the party’s rout in the Lok Sabha elections, the Congress set the ball rolling for organisational revamp by dissolving of all its district committees in Uttar Pradesh on Monday, days after it dismantled its Karnataka unit. According to sources, more changes are expected in various state Congress units in the coming days, though ambiguity continued on the status of Rahul Gandhi. 20 PAGES, INCLUDING 4 PAGES OF KOCHI EXPRESS CPM clean chit to Alliance Maya over, BSP to go it alone in future Shyamala, puts investor at fault POWER PACTS 1993: BSP stitches alliance with SP; its tally goes up to 65 from 13 in 1989 1995: Attack on Mayawati at the State Guest House by the SP ends alliance State leadership says the NRI businessman built auditorium at Anthoor violating norms E X P R E S S N E W S S E R V I C E @ T’Puram THE CPM state unit, which has been in the eye of the storm following the Anthoor incident — which saw an NRI investor end his life due to the apathy shown by the party-ruled municipality towards his `15 crore project — decided to ignore the public ire and give a clean chit to the chairperson saying the building was constructed by violating norms. Public rage has been growing steadily since Sajan Parayil, the 49-year-old who returned from Nigeria and invested in the auditorium and villa complex, committed suicide a week ago after failing to get the ownership certificate from the Anthoor Municipality. The family pointed fingers at chairperson P K Shyamala, wife of Central Committee member M V Govindan for the suicide, while the issue became a hot topic of discussion in the media with CPM getting all the stick. As the CPM tries to regroup after having suffered a drubbing in the recent Lok Sabha elections, it was not the kind of image that party wanted. But the state leadership which met in the capital said there were no lapses on the part of Shyamala, who is also a party district committee member. Party state secretary Kodiyeri Balakrishnan went a step further saying the chairperson does not have the power to issue the licence. It Municipal chairpersons have limited powers. The building was constructed violating norms. Instructions were given to rectify the same Kodiyeri Balakrishnan, CPM state secretary ‘NO ATTEMPT MADE TO SETTLE BINOY ISSUE’ T’Puram: No efforts were made to settle the rape complaint against his son Binoy Kodiyeri, said CPM state secretary Kodiyeri Balakrishnan. The party state committee gave its nod to Kodiyeri’s stance in the Binoy row. came after Chief Minister Pinarayi Vijayan squarely put the blame on the officials even while kee ping mum on Shyamala. Kodiyeri told mediapersons that Shyamala had offered to resign, but the party was of the view that currently there was no need for her to do so. “Municipal chairpersons have limited powers. The building was constructed violating norms. Instructions were given to rectify the same,” said Kodiyeri while blaming the officials for the lapses in the issue. The CPM leader reiterated the current scenario was such that it is the secretaries who take decisions and hence there was a need for corrective steps in that P6 regard. 1995: BSP ties up with BJP; Mayawati becomes first Dalit woman CM of UP 1996: Dumping BJP after four months of alliance, BSP ties up with Congress 1997: BSP enters into fresh alliance with BJP. Mayawati becomes CM 2002: BSP partners with the BJP again Inter-state bus strike continues after talks fail E X P R E S S N E W S S E R V I C E @ T’Puram THE Inter-State Bus Owners Association decided to continue its indefinite strike after the talks held here with Transport Minister A K Saseendran failed on Monday . The strike is in protest against the Motor Vehicle Department’s (MVD) ‘Operation Night Riders’, which includes stringent action against buses without licences and those committing violations. The minister told the owners on Monday at the meeting that the inspection would continue. The department had kick-started the operation in the backdrop of the incidents involving Kallada Travels buses. As many as 293 inter-state buses and nearly 90 intra-state buses are staying off the roads, affecting nearly 8,000 daily passengers. The strike has mainly hit the travel plans of techies working in Chennai, Bengaluru and Hyderabad who visit their native places in Kerala dur● More on P6 ing weekends. N A M I TA B A J PA I @ Lucknow BSP chief Mayawati’s tendency to use and throw allies got further validation on Monday when she lit into the Samajwadi Party led by Akhilesh Yadav and asserted her party will go it alone in all future elections, big or small. Announcing that she would not have any truck with the SP hereafter, Mayawati, in a series of tweets, said the BSP would contest all future elections alone in order to protect the Old foes battle it out England are walking the tightrope but Australia are a match away from sealing progress to the semifinals FOCUS ON ENGLAND Annual fee Median annual salary (Numbers in H lakh) D Y PATIL MEDICAL COLLEGE, Pune 7 SAVEETHA MEDICAL COLLEGE, Chennai 22 22 MAHATMA GANDHI MEDICAL COLLEGE, Puducherry 4.20 22.5 1.40 HIGHER EDU 6 Many MBBS grads opt for higher education for specialisation. Those who don’t settle for low wages 20 22 5.76 SRM MEDICAL COLLEGE Chennai 6 SHRI RAMCHANDRA MEDICAL COLLEGE, Chennai E X P R E S S N E W S S E R V I C E @ New Delhi AFTER years of study by eminent think tanks and an overarching probe by a panel led by Cong ress leader Veerappa Moily, estimates of black money continue to be a mirage. There are neither reliable estimates of black money nor fool-proof methods to make estimates, says the Moily panel’s MOST MBBS students passing out of deemed medical institutions, which charge over `1 crore for the five-year course, end up getting salary packages of less than `50,000 a month when they complete their course and opt to join hospitals to begin practice. The underwhelming figures were collated from data submitted by some of the most ‘expensive’ private medical colleges themselves to the Union Human Resources Development Ministry’s National Institutional Ranking Framework (NIRF) so as to get themselves ranked. The data suggests that except for two deemed medical colleges, which ranked among the top 25 medical colleges in India, the average salary package offered to MBBS grads from other private medical institutions was less than `6 lakh a year. The deemed medical colleges that figured in the top 25 ranking by the NIRF included DY Patil Medical Colle ge, Pune, SRM Medical Colle ge, Kanchipuram, Shri Ramchandra Medical College, Chennai, Saveetha Medical College, Chennai and Mahatma Gandhi Medical College, Puducherry . Since the latest NIRF ranking of medical colleges was issued in April last, the data submitted by the institutions themselves would have been prior to that. POOLING IN MONEY & MANPOWER They join hands to make a road ready for ride again N E J M A S U L A I M A N @ Idukki Residents engaged in clearing the bushes that have grown wild on the Kanjar-Pullikkanam Road | SHIYAMI RESIDENTS of five foothill villages in Idukki came together, in a display of community spirit, to repair a 21 km-long road, which has been lying dilapidated for a decade, by pooling in money and manpower. Villagers of Kanjar, Koovappally, Puthedu, Kumbanganam and Pullikkanam were having a tough time travelling on the pothole-ridden Kanjar-Pullikkanam road, the state highway connecting Thodupuzha with Wagamon, a major tourism spot in the district. The road is also a lifeline for thousands of villagers as it links them with the main town. After the condition of the road became deplorable — no tarring was done since 2009 — three KSRTC buses plying the Kattappana-Thodupuzha route stopped the services two months ago. “After we filed a petition with the KSRTC office and picketed road, the authorities promised they would resume the services if the road is made motorable,” said resident Shibu K J, who is also an advocate practising at ● More on P5 the Muttom court. ENGLAND vs AUSTRALIA Star Sports 1 @ 3.00 pm BRIEF SCORES BAN 262/7 in 50 ovs (Rahim 83) bt AFG 200 in 47 ovs (Shakib 5/29). P15 Black money estimates go into a black hole S U M I S U K A N YA D U T TA @ New Delhi Here’s what students pay to learn medicine and what they get as wages TODAY’S MATCH Hosts, who are in danger of losing fizz, need their stars to stand up against their David Warner is the 2nd leading oldest rivals scorer with 447 runs | AFP Poor pay despite paying fortune to do MBBS Figure it out party and the Dalit movement and its poor record in maintaining law and order during in the country . “The Samajwadi Party’s be- its tenure between 2012 and haviour after the Lok Sabha 2017, we followed coalition polls forced us to think if ethics,” she said in another tweet. the alliance would help Reacting to her diadefeat the BJP We came . tribe, SP g eneral to a conclusion that it secretary Ramashankar w a s n o t p o s s i b l e, ” Vi d y a r t h i s a i d i n Mayawati tweeted. Ballia derisively Mayawati “It is well known that recalled how she behaved keeping aside the antiBSP, anti-Dalit decisions, like the owner (malkin) of the anti-reservation works in pro- alliance, adding Mayawati was motion by the (previous) Sa- weakening the fight for social majwadi Party government justice. Majority of the residents are farmers and can’t afford to hire an autorickshaw. Moolamattom is the nearest town, but we’ve to pay E150 to reach there — Shibu K J, reisdent report tabled in Parliament on Monday . The Manmohan Singh government had in March 2011 commissioned NIPFP, NCAER and NIFM to assess unaccounted income and wealth inside and outside the country The re. ports were submitted in December 2013, July 2014 and August 2014, respectively, but these were not made public. A P Abdullakutty hops from Left to Right via centre EXPRESS NEWS SERVICE @T’puram EXPELLED Congress leader A P Abdullakutty met Prime Minister Narendra Modi and BJP president and Union Home Minister Amit Shah in New Delhi on Monday raising speculation that he would join the saffron outfit. He told media persons that the Prime Minister has asked him to join the BJP . If he joins the BJP he will , be becoming a member of the third mainstream political party. He commenced his political carrier as an activist of the SFI, the student organisation of the CPM. He went on to become the MP from Kannur on a CPM ticket ending the winning spree of the present KPCC president, Mullappally Ramachandran, in 1999. He was ● More on P6 relected in 2004.
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