Odisha govt issues draft reservation list for 107 ULBs

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Bhubaneswar, Jan 15 | Moving a step forward in conduct of election to urban local bodies (ULBs), the Odisha government on Saturday issued draft reservation list for the post of chairpersons of 107 municipalities and Notified Area Councils (NACs) of the State.

As per a notification issued by the State housing & urban development department, the office of chairperson in nine ULBs has been reserved for SC (women), five for ST (women) and 40 for women.

Similarly, the chairperson post in eight other ULBs has been reserved for SC and three for ST, while the post in 42 other civic bodies is under the unreserved category.

The department has sought objections/ suggestions from all interested persons on the draft reservation list within a period of 15 days.

“Any objection and suggestion which may be received by the director municipal administration (DMA) from any person interested on or before the expiry of the period so specified above shall be considered by the State government,” read the notification.

On January 12, the State government had issued a notification on reservation of the Mayor seat for the Bhubaneswar Municipal Corporation (BMC), Cuttack Municipal Corporation (CMC) and Berhampur Municipal Corporation (BeMC).

In the draft list, the government has reserved the mayor post for BMC and BeMC for women candidates while CMC has been kept unreserved.

Notably, the State government has amended the Odisha Municipal Rules, 1994, to hold direct election for the posts of mayors of municipal corporations and chairpersons of municipalities and NACs during the upcoming poll.

Meanwhile, the State Election Commissioner Aditya Prasad Padhi on Saturday held a meeting with the State government officials to review the preparation made for ensuing three-tier Panchayat elections with strict adherence to Covid-19 protocols.

A detailed discussion was held on how to enforce the guidelines during filing of nominations, scrutiny, campaigning and counting, Padhi said.

“We have sought opinions and suggestions from collectors and SPs. Based on the input, we will revise our Covid guidelines,” he said.

Padhi hoped that the district officials will focus more on the election process as the process of filing the nomination papers will start from January 17.

The Panchayat polls will be held in five phases on February 16, 18, 20, 22, and 24. The counting of votes and declaration of results will be done on February 26, 27, and 28.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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