Coal smuggling case: ED questions Bengal ADG Gyanwant Singh

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Kolkata, Sep 24 | A West Bengal IPS officer posted as ADG in the state Criminal Investigation Department, Gyanwant Singh was questioned by the Enforcement Directorate in a multi-crore coal smuggling case at the agency’s New Delhi office on Friday.

Sources in the ED said that Gyanwant Singh was questioned by the investigators under the Prevention of Money Laundering Act (PMLA).

The ED officials believe that there was involvement of some police officers in the case and as Gyanwant Singh was ADG (Law and Order) between 2019 to 2021 when the smuggling took place, the investigators wanted to know from Singh whether he was aware of the coal smuggling taking place in Birbhum, West Burdwan, Purulia and Bankura districts of West Bengal. And if he was aware, what action was taken against the smugglers.

The ED also claims certain police officials of the state, especially of Bankura Police Station, were involved in transporting cash in official police vehicles.

Ashok Mishra, a police officer from Bankura Police Station, was earlier arrested by the ED.

Gyanwant Singh, a 1993 batch IPS officer, was heading West Bengal’s law and order till March 2021.

After Trinamool Congress’ Abhishek Banerjee and his wife Rujira Banerjee and law minister Moly Ghatak, he is the fourth person to get a call from the central agency investigating the coal scam. Though Rujira Banerjee refused to go to Delhi, Abhishek Banerjee went to the ED office in New Delhi on September 6 and was interrogated for nine hours. He was again called the next day but he refused to go. Later the ED issued a fresh notice and asked him to appear on September 21 which he avoided again. Ghatak also skipped the interrogation for the second time.

The case, under criminal sections of the PMLA, was filed by the ED after studying a November, 2020 FIR of the Central Bureau of Investigation (CBI) that alleged a multi-crore coal pilferage scam related to the Eastern Coalfields Ltd mines in the state’s Kunustoria and Kajora areas in and around Asansol. A local Anup Majhi alias Lala is alleged to be the prime suspect in the case.

The ED had earlier claimed that Ghatak was a beneficiary of funds obtained from this illegal trade. According to ED sources, the investigators have spoken to more than one person in this connection, collected information and recorded their statements. The name of Ghatak has come up on several occasions during these interrogations. Apart from the ED, the CBI is also investigating the coal scam.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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