tirupati l sunday l february 25, 2024 l `12.00 l PAGES 24 l late city EDITION Byju Raveendran claims he continues to remain the CEO The EGM which removed him violates Articles of Association and shareholder agreement rules, so they are not binding, Raveendran said egm did not have the required quorum ‘shareholders can’t fire management’ Raveendran said the EGM was convened without following proper procedure. “To pass any resolution the meeting needs to have a proper quorum, a set of people who are mandatory. Our articles are clear on the quorum requiring the presence of at least one founder director. Consequently, any resolutions taken at the meeting are not enforceable as per law,” he said ■ ■ “To reemphasise, the rumours of my firing have been greatly exaggerated and highly inaccurate,” he wrote in a letter to staff The authority to modify the board’s composition and management team lies with the board, not with a group of shareholders, he added. The EGM held on Friday was called by six shareholders 32% shareholding is held by the six investors in byju’s CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI Latest Household Consumption Expenditure Survey shows wide gap between rich & poor M o n i ka Ya d a v @ New Delhi Rollout of new criminal justice laws from July 1 M U K E S H R A N J A N @ New Delhi ThREE new laws — Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagrik Suraksha Sanhita (BNSS) and the Bharatiya Sakshya Adhiniyam (BSA) — would come into force from July 1, the Centre announced on Saturday . However, the provision related to cases of hit-and-run accidents — sub-section (2) of Section 106 — will be on hold. “In exercise of the powers conferred by sub-section (2) of section 1 of the Bharatiya Nyaya Sanhita, 2023 (45 of 2023), the central government hereby appoints the 1st day of July 2024 as the date on which , the provisions of the said Sanhita, except the provision of sub-section (2) of section 106, shall come into force.” The three codes were enacted to overhaul the criminal justice system by replacing the British era Indian Penal Code, the Code of Criminal Procedure and the Indian Evidence Act of 1872. Passed by Parliament on December 21, the codes got President Draupadi Murmu’s assent on December 25 last year. The government decided not to roll out the hit-and-run provisions in view of the promise it made to protesting truckers. Truckers had staged a nationwide strike against the stringent punishment for the accident. As per Section 106 (2), death of any person by rash and negligent driving not amounting to culpable homicide without reporting it to the police soon after the incident, shall be punished with imprisonment which may extend to 10 years and fine. The poorest 5% of the country survives on a daily consumption of just `46 per person in rural areas and `67 in urban areas, the Household Consumption Expenditure Survey 2022-23 shows. The survey which took place after over a decade, , also shows the large gap in consumption between the bottom 5% and the top 5%. The per capita daily consumption for the richest 5% of the population is `350 in rural areas and `700 in urban areas. According to the survey, the average monthly per capita consumption (in current prices) in rural and urban areas was `3,773 and `6,459 respectively - 2.5 times the monthly consumption recorded in 2011-12. However, much of the growth in monthly consumption over the previous decade is because of inflation. In real term, monthly per capita consumption has grown by only 1.3 times in urban areas and 1.4 times in rural areas. At 2011-12 prices, the same expenditure stood at `2,008 in rural India and `3,510 in urban India in 2022-23. This analysis, excludes the imputed values of items received free of cost through social welfare programmes. The bottom 5% of India’s rural population has an average monthly per capita consumption expenditure (MPCE) of `1,373 while it is `2,001 for the same category of population in the urban areas. The top 5% of India’s rural and urban population has an average MPCE of `10,501 and `20,824, respectively . Among the states, MPCE is the highest in Sikkim for both rural and urban areas (`7,731 for rural and `12,105 for urban). It is the lowest in Chhattisgarh (`2,466 for rural and `4,483 for urban). The rural-urban difference in average MPCE among the states is the highest in Meghalaya (83%) followed by Chhattisgarh (82%). The last time such a survey was conducted by the National Sample Survey Office was in 2017-18, but the report was junked by the government after the findings indicated a fall in consumer spendings. Average spends The survey shows that the rural population spends an average of 46% on food items while the same is 39% for urban population The bottom 5% of India’s rural population, ranked by MPCE, has an average PCE of `1,373 while it is `2,001 for the same category of population in the urban areas Among Union Territories, MPCE is highest in Chandigarh (rural `7,467 and urban `12,575), whereas it is the lowest in Ladakh (`4,035) and Lakshadweep (`5,475) for rural and urban areas WITH THIS ISSUE As You Life It PLUS 12 PAGES Close on the heels of the SPCongress pact in UP the Oppo, sition’s INDIA bloc received another shot in the arm on Saturday with the Congress and the Aam Aadmi Party (AAP) announcing their seat-sharing deal in five states, including Delhi for the upcoming Lok Sabha elections. Apart from Delhi, they reached agreements for Haryana, Chandigarh, Gujarat and Goa. However, there will be no alliance in Punjab. According to the seat-sharing deal, the AAP will contest four out of the seven seats — West Delhi, South Delhi, East Delhi and New Delhi. The Con- Instead of experimenting, the JSP decided to act constructively & contest less seats to ensure a 98% strike rate. With 3 LS seats, besides the 24 Assembly segments, we are contesting some 40 seats N Chandrababu Naidu Pawan Kalyan TDP supremo Chandrababu Naidu and JSP chief Pawan Kalyan at the former’s residence in Undavalli | Prasant Madugula JSP gets only 24 assembly segments, tdp names 94 E x p r e s s N e w s Se r v i c e @ Vijayawada IN what came as a disappointment to the leaders and cadre of the Jana Sena Party , its president Pawan Kalyan announced that the party will be contesting only 24 Assembly and three Lok Sabha seats. This newspaper had earlier reported that the TDP would concede around 30 Assembly and 10 Lok Sabha seats to JSP and BJP for the ensuing elections. At a joint press conference on Saturday TDP supremo N , Chandrababu Naidu and Pawan released the first list of 99 candidates. While the yellow party announced names for 94 Assembly seats, JSP released candidates for five constituencies. The actorpolitician, however, is yet to declare from where he will be contesting. Speaking to reporters at Naidu’s residence in Undavalli, the JSP chief reiterated that the objective of forming an alliance was to ensure there was no split in the antiYSRC vote. On contesting from fewer number of seats, Pawan explained, “Instead of experimenting, the JSP decided to act constructively and contest less number of seats so as to ensure a 98% strike rate. In fact, by contesting three KEY NOMINEES Chandrababu Naidu: Kuppam Nara Lokesh: Mangalagiri N Balakrishna: Hindupur K Atchannaidu: Tekkali Nadendla Manohar: Tenali one rebel YSRC MLA given ticket Some of the senior TDP leaders such as K Kala Venkata Rao, G Butchaiah Chowdary, YSrinivasa Rao, Prabhakar Rao, Devineni Uma Maheswara Rao, Ganta Srinivasa Rao and Palla Srinivas Rao have not been named in the first list. Of the four rebel YSRC MLAs, only Kotamreddy Sridhar Reddy’s name figured in the first list 23 28 50 3 2 1 New postgrad- Doc- Ph.d IAS faces graduates uates tors holders officer Pawan Kalyan has degraded himself by accepting the seats that were discarded by Naidu. What happened today clearly proves that Pawan Kalyan lacks the qualities needed to lead a political party. This is the biggest betrayal of all times Sajjala Ramakrishna Reddy, YSRC general secretary Lok Sabha seats in addition to 24 Assembly constituencies, we are in a way contesting some 40 seats. We are also considering the possibility of the BJP joining the alliance and hence decided to contest a fewer seats.” Further, he observed that had the party won at least 10 segments in 2019, they could have negotiated for more seats. Among the 94 candidates that the TDP has announced, 23 are new faces. Highlighting that list comprises 28 candidates with post-graduate degrees, 50 graduates, three doctors, two Ph.D holders, and one IAS of- ficer, TDP chief Chandrababu Naidu quipped, “On the other hand, YSRC list has red sanders smug glers and rowdies.” Naidu pointed out that for the first time in Indian politics, the candidates were chosen after considering the opinion of more than 1.3 crore people. Through the initiative, he said, the TDP-JSP aims to decentralise power, placing the aspirations and voices of the people of the State at the forefront of their political agenda. Sounding the poll bugle, he said, “The TDP-JSP alliance is ready for the batP4 tle of ballots.” ‘BJP high command will take call on alliances’ E x p r e s s N e w s Se r v i c e @ Vijayawada BJP State chief Daggubati Purandeswari reiterated that a final call on the electoral alliance in Andhra Pradesh will be taken by the central leadership. Speaking to reporters before the party’s State election management committee meeting on Saturday, she announced that Union Minister of Defence Rajnath Singh will visit Vijayawada on February 27 and preside over the meeting of the BJP Core Committees of all Lok Sabha constituencies in Andhra Pradesh. Stating that the BJP leaders in the State are currently focused on strengthening the party, she asserted that once the high command announces its decision on poll alliances in Andhra Pradesh, they will act accordingly. However, it has been learnt that the central leadership will announce the decision to join the TDP-JSP combine in the next few days and subsequently also finalise the sharing of seats. Further, Purandeswari expressed her reservation over the election being free or fair in the State. She said the BJP has lodged a complaint with the Election Commission of India regarding the ‘violations’ of poll guidelines. Pointing out that Revenue Minister Dharmana Prasad Rao had asked the volunteers to bring voters to the booths and ‘act as polling agents’, she said, “This is a clear violation of ECI P4 guidelines.” express read Wayanad to WPL hero, Sajana’s incredible journey into an overnight star. Not long ago, she was strugEVERY now and then, sport gling to even travel between throws up incredible stories. places to play. First year of Before the final ball of the WPL she was ignored. This match between Mumbai Inyear Mumbai Indian drafted dians and Delhi Capitals her for `15 lakh. The jouron Friday, Sajeevan ney started in school, on Sunday nondescript grounds Sajana was just another player trying her craft Special around her home at a in a relatively new envillage (Mananthavady) terprise: Women’s Prein Wayanad while playing mier League. with boys. Her romance She needed to score five off with cricket took off in humble the last ball to steal the win for environs with her parents — Mumbai. She promptly depos- her father Sajeevan is an auto ited the ball into the stand be- driver and mother a panchayat hind long on. It has turned her councilor — struggling to meet K a lyan i man g a l e @ Chennai Cong, AAP formalise deal for five states P r eetha N a i r @ New Delhi Talks with the BJP to form a three-party alliance are still underway. A decision on how the remaining 57 Assembly seats will be shared will be taken once the discussions with the saffron party conclude TDP’s picks L46 per person consumption a day by poorest poll prep first list out Bharuch rumble With Bharuch and Bhavnagar going to AAP, late Congress leader Ahmed Patel’s son Faisal Patel and daughter Mumtaz Patel were upset as Bharuch was Patel’s seat gress will contest from three seats - North East Delhi, North West Delhi and Chandni Chowk. Both parties reached an agreement after monthslong deliberations. Addressing a joint press conference here, senior Congress leader Mukul Wasnik said the AAP will contest two of the 26 seats in Gujarat, and one of the 10 seats in Haryana, while Congress will contest the rest of the seats in these states. The two seats allotted to the AAP in Gujarat are Bharuch and Bhavnagar. In Haryana, the AAP will contest from Kurukshetra. The AAP was represented in the meet by Atishi and Saurabh Bharadwaj. In Goa, the Congress will contest both the seats and the sole seat in Chandigarh in alliance with the AAP. “Long rounds of talks were held on the Chandigarh seat. It was finally decided that the Congress candidate would contest this seat. We also had detailed deliberations on Goa, and it was decided that Congress will contest both seats,” said Wasnik. Sajana S in MI colours | MI her sporting ambitions. Sajana described her early struggles after the match where she rec- ollected how she did not have funds to travel. “I didn’t have money to travel. When I got selected for the district, I started earning money, `150 per day, and it was a big amount for me,” Sajana said in a video posted by MI after the match. Away from the M Chinnaswamy Stadium, Suman Sharma, the head coach of the Kerela women’s cricket team, was nervously watching the game. She also recollected the struggles Sajana had to go through. Apart from the humble background she has come from, the 2018 Kerala floods too wrecked havoc. “I think Sajana and I were going through the same emotions (laughs),” Suman told this daily “The 2018 floods . were particularly hard for her family,” said Suman, who had coached her for more than a decade. “The water covered the first floor where she was staying. I cannot even imagine how she and her family survived those difficult times.” Suman also said that the family supported her throughout. “To travel for cricket every day from the area she comes from was a challenge in itself,” Suman said. Eight kids among 22 killed in UP as speeding tractor falls in pond Kasganj: As many as 22 people, including eight children, died when their speeding tractortrolley overturned and fell into a pond in Uttar Pradesh’s Kasganj district on Saturday morning, police said. Chief Minister Adityanath has announced financial assistance of `2 lakh to the kin of each of the deceased and `50,000 to each of the injured persons. festive fervour TTD celebrates 894th Origin Day of Tirupati E x p r e s s N e w s Se r v i c e @ Tirupati The 894th Origin Day of the Pilgrim City of Tirupati was celebrated with pomp and gaiety on Saturday. Tirumala Tirupati Devasthanams (TTD) chair man Bhumana Karunakara Reddy said, henceforth, the Srivari temple Trust will mark the occasion on par with the annual Brahmotsavams. Elaborating on the significance of the day, Bhumana said the temple city was named as Govindarajapuram and its foundation was laid on February 24, 1130 by Sri Ramanujacharya. Pointing out that the Several cultural programmes were held to mark Tirupati’s 894th birthday | Madhav K priests recite the tale of Tirupati’s formation daily during the mantrapushpam ritual held at the Govindaraja Swamy temple, the TTD chief said the oldest inscription on the Gop- uram of the Govindaraja Swamy temple provides historical evidence of Tirupati’s origin. “Vaishnavite saint Bhagawad Ramanujacharya had laid the foundation stone for the Govindaraja Swamy temple and installed the idol inside the sanctum sanctorum on the same day in 1130 AD. Sri Ramanujucharya lived for 120 years and he established the temple when he was 112 years old. It is reasonable for celebrating February 24 as the birthday of Tirupati,” he explained. He added, “Before Tirupati’s establishment, only Tirumala to the north and Tirusukanoor (Tiruchanoor) to the south existed.” To accommodate the priests who trekked up the Tirumala hills daily, Ramanujacharya laid the stone for the P Govindaraja Swamy temple. 4
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