November 2, 2022 - Short Post

All Business

Enron Project Likely To Revive, Centre Keen

Serious efforts are underway to revise the controversial power generation gas-based project at Dabhol in Ratnagiri district. The Shinde-Fadnavis government in Maharashtra has received positive signals to rejuvenate the project, popularly known as Enron. Presently, there is complete closure of the project since 31 March this year. Union power minister RK Singh recently held a meeting at which the power generation from the project was reportedly discussed. The project was launched by the government of then chief minister Sharad Pawar in 1993-95 with a counter-guarantee by the Government of India. After the Shiv Sena-BJP alliance assumed power in the state in 1995, it scrapped the project then revived it under revised conditionalities. The public sector NTPC is the principal shareholder in Enron. However, the project never fully recovered despite Centre’s efforts since gas supply to it was not adequate. It is now argued that if gas is made available at reasonable rates, power generation can become feasible at cheaper cost. The last per unit cost from the project was Rs.6.50 and the sole consumer was the railways. The railways started purchasing 500 MW of power from this plant on the basis of a subsidy from the Centre from 1 April 2007. The quota dwindled down to about 250 MW due to various reasons. The five-year agreement expired on 31 March this year, finally shutting down the operations.

Post By Business Editor

All Politics

Maharashtra Congress Leaders Toning Up To Accompany Rahul’s Yatra

With Rahul Gandhi slated to enter Maharashtra on November 7 for his Bharat Jodo yatra, prominent state Congress leaders are busy making themselves fit enough to accompany him for whatever distance they can walk. Their adherence to a strict regimen of exercising over the past few days has attracted media attention after former energy minister Nitin Raut, who was with the yatra, collapsed last night and is undergoing treatment at a Hyderabad hospital. While one version says he just could not cope up with the strain, his supporters said he was pushed by someone in a crowd that had gathered to greet Rahul. Former chief minister Ashok Chavan has been taking brisk walks amidst his followers and security personnel. He is said to be walking 5km daily for the past few days. As Rahul enters Maharashtra in Nanded district at Deglur, it is Chavan who will welcome him first on behalf of the state Congress. Chavan and his father late SB Chavan have dominated the district politics for decades. Maharashtra Congress president Nana Patole is toning up his muscles to withstand the yatra, whose average daily distance is stated to be 40 km. NCP chief Sharad Pawar was to join the yatra for some duration but his current hospitalization has raised a question mark about his ability to do so. Shiv Sena leader Aditya Thackeray, too, will join the yatra though no details are announced as of now.

Post By Dilip Chaware

All Politics

Prestige Battle Between BJP & Cong In Haryana By-Poll

The by-election to the Adampur assembly constituency in Haryana on November 3 has become a prestige battle of sorts for the BJP and the Congress. It is a contest that is happening because sitting Congress MLA Kuldeep Bishnoi resigned after he was blamed for the defeat of Congress Rajya Sabha nominee Ajay Maken in June 2022 when he allegedly cross-voted in favour of JJP-backed and BJP-supported Independent candidate, Kartikeya Sharma. Bishnoi was removed from all party posts including as special invitee to Congress Working Committee. On August 3, 2022, he resigned from the Haryana Legislative Assembly and joined the BJP. His son Bhavya Bishnoi is contesting on the BJP ticket; he is the grandson of former CM Bhajan Lal. Not wanting to leave anything to chance as it had lost two by-elections in two years – Baroda by-poll in 2020 and Ellenabad by-poll in 2021, the Haryana BJP has assigned senior leaders to campaign for the by-election. Senior leaders, including state president Om Prakash Dhankar, Ram Bilas Sharma, Capt Abhimanyu and Kamal Gupta have visited Adampur, says party sources. There has been a record of high profile campaigns for this seat by three CMs – Manohar Khattar (Haryana), Bhagwant Mann (Punjab) and Arvind Kejriwal (Delhi). Former CM Bhupendra Singh Hooda charged the Khattar Government of doing nothing except snipping the OBC quota and welfare schemes.

Post By Lakshmi Iyer

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Taking Flight: Not Just To A Holiday Resort, But Away From Business Woes

The travel bug has been let loose in India, as in the rest of the world, like the champagne from a just-uncorked bottle. Flights are full despite the high fares, hotels and resorts everywhere are choc-a-bloc and travel agents are doing brisk business with visa appointments, especially for the US and Europe, being available only months later. A new finding, however, is that all this is not only because of the average person having been allowed out of home after more than two years of having been confined since the Covid-19 pandemic broke out. Many travellers to more soothing climes are businessmen and industrialists. In the salubrious hill station of Madikeri in Coorg district of Karnataka, for instance, scores of tourists are strolling about on guided tours to look at the coffee plantations and the historic 17th-century Madikeri Fort and Omkareshwar temple. A difference this time is that they include a large number from other parts of the country who are getting away from falling sales and profits. “Nothing to do with business here,” says one auto components manufacturer from Maharashtra, who is here with his family. “We are just trying, unsuccessfully, to forget about the impending recession.” The only plus point, he adds, is that Coorg is “a nice place for a holiday, a must-visit destination”.

Post By Sekhar Seshan

All Politics

Rajasthan CM Gehlot Showers PM Modi With Praise, Raises Eyebrows In Congress

In an unusual move, Rajasthan Chief Minister Ashok Gehlot praised Prime Minister Narendra Modi as he shared a stage with him at ‘Mangarh Dham ki Gaurav Gatha’ at Mangadh Hill in Rajasthan’s Banswara on November 1. He talked about how Modi “receives great honour when he goes abroad. Because he is the PM of the nation of Gandhi, where democracy is deep-rooted. When the world realises this, they feel proud that the PM of that country is coming to them.” At a time, when the Congress is usually targeting the PM, it is interesting that Gehlot chose to lavish praise on him. These words of praise for Modi seem to be coming days before new party chief Mallikarjun Kharge is set to initiate disciplinary action against Rajasthan leaders for defying high command authority. As a shrewd political player Gehlot may have chosen a public forum to send a message to the AICC that he could be exploring other options. On his part, PM Modi reciprocated Gehlot’s gesture by recalling working together as CM and how “he is senior most in our lot of CMs”. Interestingly, Gehlot loyalists had recently opposed Sachin Pilot’s elevation as CM on the ground that he had hobnobbed with the BJP during the 2020 crisis. But then is it okay for Gehlot to warm up to Modi? Or BJP is merely a punching bag for the Congress?

Post By Lakshmi Iyer

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Uddhav’s Confidant Milind Narvekar Attracts Attention Again, But Remains Mum

Shiv Sena leader Uddhav Thackeray’s right hand man Milind Narvekar continues to attract attention due to controversial statements made by the group led by chief minister Eknath Shinde. One such latest statement has been made by industry minister Uday Samant against the backdrop of the state’s decision to upgrade Narvekar’s security cover. So far, Narvekar has not reacted to any such statements. Considered quite close to the CM, Samant was among the very first batch of the Sena MLAs to leave Uddhav and rush to Guwahati along with Shinde. At present, Samant has been leading the assault against the previous Maha Vikas Aghadi regime over the flight of industrial investments from Maharashtra to other states, especially to Gujarat. In an interaction with the media, Samant said, “We shall remain behind Narvekar firmly if there is any threat to him. Narvekar will be welcomed if he wishes to join us.” Samant’s statement comes soon after Narvekar has been elected to the cash-rich Mumbai Cricket Association with the support of leaders like Sharad Pawar, Eknath Shinde and Devendra Fadnavis. In this regard, Samant has lauded Narvekar’s all-party cordial relationship. He revealed that when he decided to join the Shiv Sena by leaving the Nationalist Congress Party, it was Narvekar who took him to Uddhav Thackeray. “Some people feel jealous if Narvekar is praised,” Samant taunted.

Post By Dilip Chaware

TRENDS & VIEWS

Editor’s Note: Big Punch In Small Pack

It is the Third Anniversary of Short Post and as a news media startup launched during the Covid-19 pandemic it certainly feels better than good to find ourselves where we are today. Here, I must cite the unstinted support of our seasoned contributors, all senior editors in the country, who brought a great degree of maturity and sagacity to the Short Post newsroom. But for them, our tagline “Authentic Gossip”, an Oxymoron, would not have matured viably. Our user numbers may be small but our stories have created the desired impact among people who matter — decision makers and influencers. We offer a big punch in a small pack and Short Post with its 225-word stories has been punching above its weight category. Having posted close to 3,000 stories in the last 36 months, Short Post, I feel, is an idea whose time has come.
And this is vindicated by our two marquee advertisers – IDFC FIRST Bank and ICICI Lombard. Both believed in our story and have supported us from Day one. A big thank you to both.
If you look at the media landscape – print, TV and digital — it is a mixed bag. There are job losses as some outfits have closed down while a lucky few were bailed out by large corporate houses. Yes, there is a lot of action in the digital space. However, the entry of corporate houses has raised the question of independence of news media outfits. Sadly, there are just a handful of independent media outfits in the country that are highly respected for their neutrality. At Short Post, our credo is not to take sides, prejudge issues or be biased but, informing readers of behind-the-scenes happenings. In essence, Short Post strives to be a neutral editorial platform — neither anti-establishment nor pro-establishment.
As I said last year, disruptions in the media world are moving at a fast and furious pace. Technology is playing a very big role in how content is generated and consumed. But, we are neither alarmed nor perturbed as it is all a part of the evolution process. What gives us comfort is that AI is unable to create original gossipy content. And that is the news arena where we have achieved a distinction.

TRENDS & VIEWS

Editor’s Note: Big Punch In Small Pack

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