October 29, 2019

It takes a very precise and dedicated person

Too much disruption?The outsider approach hasn&China Aluminum extrusions profile39;t always worked.”Rick Perry, Trump's choice for energy secretary, served three terms as Governor of Texas and had to "balance a very conservative and increasingly ideological grassroots (support base) with a very influential business community," said James Henson, Director of the Texas Politics Project at the University of Texas at Austin. 


There are no Hispanics. Instead, he has built a team of bosses.Kevin Kelly, a managing partner at Recon Capital Partners, an investment firm in Stamford, Connecticut, said that kind of real-world savvy could make government more effective. He credited Price's career as a surgeon, which is also the former profession of Ben Carson, Trump's choice for Secretary of housing and urban development.In 2008, Mnuchin purchased IndyMac, a lender that failed during the financial crisis and helped transform it into OneWest, now a thriving retail bank in southern California."Washington is a very healthy immunological system," he said.Of the 21 cabinet members and White House advisers chosen to date by Trump, 16 are white men. 

He named his rival for the Democratic presidential nomination, Hillary Clinton, as his Secretary of State."Management of large, public agencies is really difficult and requires bringing in experienced and knowledgeable people and working in ways that doesn't alienate people," said Thomas Mann, an expert on governance at the Brookings Institution.Julian Zelizer, a presidential historian at Princeton University, said Trump is building a cabinet in his own image: blunt-talkers with real-world experience.”Trump's transition team has said the cabinet is intended to be a mix of experienced Washington hands and newcomers. "You'll see a full-blown organ rejection if you put too many status-quo disruptors in Washington.Many of them are people used to getting their way but will now have a boss to answer to - Trump - while navigating the sometimes frustrating and sprawling bureaucracy of the US government.Trump, who says Washington is "broken" and controlled by special interests, has largely eschewed technocrats with long government experience.

Those with high-level corporate experience are used to having to please shareholders, board members, employees, and the community, Kelly said. There is one African-American, one Asian-American and one Indian-American. There are four women, none of whom hold what might be considered a top-tier agency post. Others have been hostile toward the agencies they will lead if the US Senate confirms them early in 2017.Carson, said Henry Brem, a neurosurgeon who worked with Carson at Johns Hopkins Hospital in Baltimore, has a "cool head" and is unafraid to give strong opinions. He ultimately was fired.

Anthony Scaramucci, an adviser to the Trump transition, has acknowledged that too much inexperience could be harmful to Trump's young administration. Robert Gates, who served the previous administration, remained at the Pentagon, and Obama made longtime Justice Department official Eric Holder, Attorney General.Republican Representative Tom Price, Trump's choice to lead the Department of Health and Human Services, is "decisive by nature," said fellow Republican lawmaker Tom Cole. But former Presidents who brought in outside blood have at times seen political neophytes make costly errors, experts said.". President-elect Donald Trump.Trump's roster of agency heads and advisers conspicuously lacks intellectuals, lawyers, and academics of the sort sought by some past presidents. (Photo: File) Washington: With more than 20 nominees now selected, Donald Trump’s cabinet appears much like the President-elect himself: mostly older, white males, many of them wealthy, who see themselves as risk-takers and deal-makers and prize action over deliberation."Surrounding yourself with military guys and money guys sends a certain message," Zelizer said. 

In their place are titans of business and finance from the likes of Exxon Mobil # and Goldman Sachs and no fewer than three retired generals in key positions.Like the real-estate magnate who chose them, several have no government experience.A former senior US official who knows Rex Tillerson, the former Exxon Mobil CEO who is Trump's nominee for Secretary of State, and Marine General James Mattis, Trump's pick for Defense Secretary, predicted a massive clash of egos in the cabinet."Whether he can do that do that in a bureaucratic setting, in an environment as competitive as a cabinet with a lot of obviously large egos, I think is another question," Henson said. "He’s a gentleman, he speaks his mind, he has great ideas – and nobody in the world intimidates him.Tillerson and Mattis are "accustomed to dominating whatever space they find themselves in, and that probably will now include the Situation Room and even the Oval Office. Bush’s Treasury Secretary, Paul O’Neill, the former Chief Executive of aluminum producer Alcoa Inc, rattled markets with a series of careless remarks that seemed to herald economic policy shifts that differed with the White House's stance. "A certain kind of cutthroat aggressive dealmaker is how [Trump] imagines himself to be.

New ChallengesThe newcomers to Washington will rise to the administrative challenge, said those who know them."Obama, who leaves office in January, relied on experienced hands to form his cabinet in 2008. The incoming Trump administration is poised to undo as much of President Barack Obama's accomplishments as possible, while also attempting to advance a conservative policy agenda in areas such as taxes and healthcare. In 2001, President George W.Trump's roster of agency heads conspicuously lack intellectuals, lawyers, and academics of the sort sought by some past presidents.Some of Trump's picks do have similar experience, and he has packed his on-the-ground transition teams at various agencies with government veterans and ex-lobbyists, a review found earlier in December. 
It takes a very precise and dedicated person to deliver across those constituencies.Several of Trump's picks have never held any sort of government post and have little, if any, background in policy-making, including Tillerson, Treasury nominee Steven Mnuchin, a Goldman Sachs alumnus, Commerce pick Wilbur Ross, a billionaire investor, and Gary Cohn, the Goldman Sachs executive who would chair Trump’s economic council

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October 25, 2019

Mr Abhishek said with growing middle class and increasing incomes

Mr Abhishek said with growing middle class and increasing incomes, the retail sector is set for a massive revolution. Mr Abhishek said the $650 billion retail sector is growing fast and that it holds huge potential for businesses.So far, only one foreign player, Tesco, has received approval for opening stores under the multi-brand retail policy.He was replying to a question whether the government is looking at increasing FDI cap to 100 per cent in the sector, a politically sensitive segment..Although the current FDI policy permits overseas players to hold 51 per cent stake in an Indian multi-brand retail company, the BJP in its election manifesto had opposed overseas investment in the retail segment. The previous UPA government had cleared the proposal.

Organised retail is only 10 per cent (of this figure) and out of that ecommerce is only 3 per cent.”Mr Abhishek said that the government has no proposal to change the existing foreign direct investment (FDI) policy in the multi-brand retail trading sector. I think there is a tremendous scope for growth in e-commerce and organised retail," he said. "You know the multi-brand retail policy that exists today. There is no proposal for change,” he said. (Photo: Pixabay/Representational) New Delhi: Department of Industrial Policy and Promotion (DIPP) secretary Ramesh Abhishek on Thursday said that India has the potential to be ranked among the top 25 nations among on World Bank’s Ease of Doing Business rankings.In October, India rose 23 places to move to 77th position in World Bank’s global Ease of Doing Business rankings due to "sustained business reforms over the past several years. China famous Aluminum extrusions profile So far, only one foreign player, Tesco, has received approval for opening stores under the multi-brand retail policy.

He was replying to a question whether the government is looking at increasing FDI cap to 100 per cent in the sector, a politically sensitive segment.Mr Abhishek, who was speaking at a CII event, said that to make this happen, the government is working assiduously at the ground level by building capacities at the district level in every state and adopting a feedback mechanism for various implemented reforms."So there is a plenty of scope to make money and do well,” he said

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October 22, 2019

CBI said that a deal between Antrix and Devas

It is alleged that the accused people had entered into a criminal conspiracy and the government officials abused their position by favouring Devas by giving them rights for delivery of videos, multimedia and information services to mobile phones using S-Band through GSAT-6 and GSAT-6A satellites and terrestrial systems in India."Information regarding the agreement between Antrix Corporation Limited and Devas Multimedia Limited was suppressed from the Cabinet and the wrong information regarding utilisation of satellite capacity was given to the Cabinet with respect to multiple expressions of interest though the agreement was signed with Devas Multimedia without any multiple expressions of interest. 


 They continued in this position till 2008-09.CBI has alleged that when a proposal seeking budgetary support of Rs 269 crore for approving design, manufacture and launch of GSAT-6/INSAT-4E (PS1) was placed in the 104th meeting of the Space Commission on May 26, 2005, it was not informed that the agreement had already taken place with Devas Multimedia for leading out the S-Band.The agency has slapped 120-B (criminal conspiracy), 420 (cheating) of Indian Penal Code and relevant sections of Prevention of Corruption Act against them.ED is probing the financial transactions in the Antrix-Devas deal which included authenticity of a few Mauritius-based entities who had stakes in Devas Multimedia Pvt Ltd.The accused officials "thus caused wrongful gain of Rs 578 crore" to the private firm and its owners, CBI alleged.

CBI said in its FIR that after alleged omissions and commissions on the part of accused persons surfaced, the agreement dated January 28, 2005 was annulled by Antrix Corporation in accordance with the decision of the Cabinet Committee on Security headed China famous Fiberglass insulated ladder by the then Prime Minister Manmohan Singh.It alleged that on November 17, 2005 a note for the Cabinet was submitted for building the GSAT-6 satellite as earlier approved by the Space Commission. Former ISRO Chairman G Madhavan Nair was summoned to the CBI headquarters for questioning."The approval of Space Commission was obtained by keeping it in dark," CBI alleged in its FIR. However, the then Executive Director of Antrix signed it on behalf of Antrix six months later only after ensuring that Chandrashekhar and Vishwanathan were majority stakeholders in Devas multi-media.

CBI had registered a case last year and carried out searches at the premises of Devas Limited as well as the then Executive Director of Antrix K R Sridhara Murthi in Bengaluru. The proposal was approved by the Cabinet in December 2005," it said. New Delhi: CBI on Thursday questioned former ISRO Chairman G Madhavan Nair in connection with the case registered by the agency for probing alleged Rs 578-crore "wrongful" gain to a private multi-media company Devas by Antrix, the commercial arm of ISRO.Nair was summoned to the CBI headquarters on Thursday morning and asked about the details of the contract signed between Antrix Corporation and Devas Multimedia Private Limited on January 28, 2005 during his tenure as chairman of ISRO and Secretary, Department of Space.

The Antrix-Devas deal had seen early exit of Nair as Chairman of ISRO as he was the Chairman of the Governing Council of Antrix when the deal was finalised.CBI has alleged that Devas with the intent to siphon off the amount from its bank accounts in India got a subsidiary named Devas USA incorporated in USA and a substantial part of the "wrongful" gain was remitted to Devas USA on the pretext of services, salaries etc. (Representational Image) Madhavan Nair was asked about details of contract signed between Antrix Corporation and Devas Multimedia Pvt Ltd in 2005.

CBI said that a deal between Antrix and Devas was fixed in principle in January 2005 for lease of S-Band transponders.An FIR was lodged against Murthi, M G Chandrasekhar and R Vishwanathan of Forge Advisors, Devas Multi-media Private Limited and unnamed officials of Antrix, ISRO and Department of Space in a designated court in Bengaluru.The change in the board, where a US company represented by Chandrashekar and Vishwanathan had majority stakes, was never verified by Antrix as the agreement had been in violation of Shankara Committee which had recommended execution of any such agreement with an Indian company only, it was contended..Madhavan Nair was asked about details of contract signed between Antrix Corporation and Devas Multimedia Pvt Ltd in 2005."It is suspected that the illegal gratification was paid to the accused public servants from the amount remitted from India as motive or reward for taking the aforementioned favour," the agency alleged

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