NGT seeks action against industries polluting Ganga in UP

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New Delhi, May 14 | The National Green Tribunal has directed Uttar Pradesh Chief Secretary to look into the river polluting industrial activities and take action against the discharge of untreated sewage in River Bhella, which ultimately meets the river Ganga.

NGT chairperson Adarsh Kumar Goel-led bench was dealing with the execution of a tribunal order passed last year, in which directions were issued for remedial action against the pollution in the river Bhella which meets Kosi river in Rampur, a tributary of Ramganga that reaches Ganga.

The tribunal noted that there is a high level of faecal coliform and other waste in the river and it is not meeting the bathing criteria and water quality had deteriorated.

“Imbalance, as is being caused today, needs to be remedied to prevent threatening reduction of flow in the rivers. This may be done by a joint Committees in the atates of UP and Uttarakhand, headed by Additional Chief Secretary, Agriculture with nominees of Departments of Soil Conservation, Forest, Water Resources and Panchayati Raj and Rural Development,” it directed.

“Since the tributaries in question ultimately meet the river Ganga, stern steps for rejuvenation of Ramganga and East Kali carrying the waste of the catchment, having agro-based industries are required to be taken. Discharge of untreated sewage has to be stopped. Let Chief Secretary UP look into the matter and take remedial action,” the order dated May 12 said.

The green court said there are three issues for consideration –preventing pollution, checking illegal extraction of groundwater, and recovering compensation for past violations.

“Let the monitoring norms be reviewed accordingly and for the past violations, further remedial action taken in terms of recovery of compensation for the violations for being used for the restoration of environment and augmentation of groundwater levels,” it said.

The Tribunal earlier found that pollution of river Bhella in Moradabad was taking place due to untreated discharge of pollutants by industries, apart from other sources. One of the major polluting industries was Radico Khaitan Limited.

In the plea, it was alleged that the State authorities concerned have failed to take necessary steps for enforcement of the order of this Tribunal.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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