Mumbai braces for mammoth Maratha ‘mook’ morcha

Image result for maratha kranti morcha

The Maharashtra government, police, BMC and other agencies are all set for a mammoth Maratha ‘mook’ (silent) procession that will be taken out on Wednesday, officials said. While the authorities anticipate participation of between 500,000-800,000 Marathas from across the state, the organisers are optimistic the figure could be more than three million.

Senior Congress leader Narayan Rane told media persons that the procession, starting at 11 a.m. from Byculla, will be peaceful and orderly, silent, have no political speeches and will end at Azad Maidan in south Mumbai by 5 p.m.a delegation will call on Chief Minister Devendra Fadnavis and submit a memorandum of our demands. The main is reservations for the Maratha community in jobs and education, besides others, he said.

The Marathas have started trooping into Mumbai since early Tuesday from all over Maharashtra to take part in the morcha, 58th in the series of processions being held in different parts of the state since August 9, 2016. They have been reaching the state capital by trains, private vehicles, trucks, tempos and even two-wheelers, while waving Maratha flags and sporting bright orange turbans.

The Mumbai Police has geared up with over 7,000 personnel, including commandos, armed police, plain clothes officers assigned for providing security during the procession.There will massive traffic diversions,important roads either closed or made one-way, arterial roads opened, etc, to ensure smooth passage for the procession participants, said Deputy Commissioner of Police Rashmi Karandkiar..

Premature, says RIL about govt penalty on its Panna Mukta-Tapti oil field

'Premature', says RIL on govt's levy of penalty for its PMT oil field

The government has ordered Reliance Industries (RIL) to pay a penalty over an arbitration award on its Panna Mukta and Tapti (PMT) oil field, the company has informed BSE in a statement on Tuesday. The company, however, said the notice was premature.

“RIL as part of the contractor for Panna Mukta and Tapti production sharing contracts, has been notified by [the] Government of India (GOI) of its computation of the purported share of GOI’s Profit Petroleum and Royalty alleged to be payable by the contractor pursuant to the GOI’s interpretation of Arbitration Tribunal’s final partial award dated 12 October 2016,” RIL said in its statement to BSE.”Government’s demand notice is premature. The quantification of liabilities (if any) of the parties arising out of the partial award have to be determined by the Arbitration Tribunal after the Parties have made their respective submissions on quantification,” it adds further.

An RIL executive said the amount was still to be decided by the arbitration court though media reports quoted a figure of $3 billion as penalties. RIL and Shell hold 30 per cent stake each in PMT fields while the remaining is with state-owned Oil and Natural Gas Corp (ONGC).

  1. In October 2016, a London-Based arbitration plan ruled in favour of the Centre on recovery cost from RILand BG Group (now part of Shell) for the PMT oilfields. This was an interim award and final arbitration award was to follow procedural. .Read More