Genral Polls 2014: Dhubri recorded highest Voter Turnout; Srinagar the lowest
The 16th Lok Sabha polls registered a record average voter turnout of 66.4%.Dhubri of Assam witnessed the highest turnout at 88.22% followed by Nagalandat 87.82%; Srinagar of J&K registered the lowest turnout at 25.90%, followed by Anantnag of the same state.
Table 1: Top 10 Parliamentary Constituencies in terms of Voter Turnout
Sl. No Parliamentary Constituency State/UT Voter Turnout 1 Dhubri Assam 88.22% 2 Nagaland Nagaland 87.82% 3 Tamluk West Bengal 87.59% 4 Bishnupur West Bengal 86.72% 5 Lakshadweep Lakshadweep 86.61% 6 Kanthi West Bengal 86.61% 7 Bardhaman Purba West Bengal 86.21% 8 Tripura West Tripura 85.92% 9 Basirhat West Bengal 85.45% 10 Birbhum West Bengal 85.33% Source: Election Commission of India
Table 2: Bottom 10 Parliamentary Constituencies in terms of Voter Turnout
Sl. No Parliamentary Constituency State/UT Voter Turnout 1 Srinagar Jammu & Kashmir 25.90% 2 Anantnag Jammu & Kashmir 28.84% 3 Baramulla Jammu & Kashmir 39.13% 4 Kalyan Maharashtra 42.88% 5 Patna Sahib Bihar 45.33% 6 Bhind Madhya Pradesh 45.62% 7 Nalanda Bihar 47.22% 8 Mumbai North Central Maharashtra 48.61% 9 Arrah Bihar 48.75% 10 Bansgaon Uttar Pradesh 49.88% Source: Election Commission of India
The 16th Lok Sabha polls registered a record average voter turnout of 66.4%.Dhubri of Assam witnessed the highest turnout at 88.22% followed by Nagalandat 87.82%; Srinagar of J&K registered the lowest turnout at 25.90%, followed by Anantnag of the same state.
Table 1: Top 10 Parliamentary Constituencies in terms of Voter Turnout
| Sl. No | Parliamentary Constituency | State/UT | Voter Turnout |
| 1 | Dhubri | Assam | 88.22% |
| 2 | Nagaland | Nagaland | 87.82% |
| 3 | Tamluk | West Bengal | 87.59% |
| 4 | Bishnupur | West Bengal | 86.72% |
| 5 | Lakshadweep | Lakshadweep | 86.61% |
| 6 | Kanthi | West Bengal | 86.61% |
| 7 | Bardhaman Purba | West Bengal | 86.21% |
| 8 | Tripura West | Tripura | 85.92% |
| 9 | Basirhat | West Bengal | 85.45% |
| 10 | Birbhum | West Bengal | 85.33% |
| Source: Election Commission of India | |||
Table 2: Bottom 10 Parliamentary Constituencies in terms of Voter Turnout
| Sl. No | Parliamentary Constituency | State/UT | Voter Turnout |
| 1 | Srinagar | Jammu & Kashmir | 25.90% |
| 2 | Anantnag | Jammu & Kashmir | 28.84% |
| 3 | Baramulla | Jammu & Kashmir | 39.13% |
| 4 | Kalyan | Maharashtra | 42.88% |
| 5 | Patna Sahib | Bihar | 45.33% |
| 6 | Bhind | Madhya Pradesh | 45.62% |
| 7 | Nalanda | Bihar | 47.22% |
| 8 | Mumbai North Central | Maharashtra | 48.61% |
| 9 | Arrah | Bihar | 48.75% |
| 10 | Bansgaon | Uttar Pradesh | 49.88% |
| Source: Election Commission of India | |||
RBI eases gold import to promote its export under its 20:80 formula
Star trading houses — big importers and exporters has been permitted by the RBI to import gold under its existing 20:80 scheme. Thus far, the facility was available to select banks only and other big entities like star trading houses were forbidden from importing the yellow metal.
As per the extant rules, importers can buy gold, on a condition that 20% of it is exported as finished products. In July 2013, the RBI had imposed severe restrictions on gold imports in order to curb surging Current Account Deficit (CAD) and the declining rupee. The central bank had tied imports with exports and prescribed a 20:80 formula.
As per the 20:80 scheme, an importer has to ensure that at least 20% of every lot of imported gold is exclusively made available for exports as finished good and the balance for domestic use.
The RBI has also permitted banks to provide gold metal loans to domestic jewellery manufacturers, out of the eligible domestic import quota of 80%.
Star trading houses — big importers and exporters has been permitted by the RBI to import gold under its existing 20:80 scheme. Thus far, the facility was available to select banks only and other big entities like star trading houses were forbidden from importing the yellow metal.
As per the extant rules, importers can buy gold, on a condition that 20% of it is exported as finished products. In July 2013, the RBI had imposed severe restrictions on gold imports in order to curb surging Current Account Deficit (CAD) and the declining rupee. The central bank had tied imports with exports and prescribed a 20:80 formula.
As per the 20:80 scheme, an importer has to ensure that at least 20% of every lot of imported gold is exclusively made available for exports as finished good and the balance for domestic use.
The RBI has also permitted banks to provide gold metal loans to domestic jewellery manufacturers, out of the eligible domestic import quota of 80%.
Bharatiya Mahila Bank included in second schedule to RBI Act 1934
Bharatiya Mahila Bank (BMB), India’s first all-women bank, has been included in the second schedule to the RBI Act 1934.
With the inclusion in the second schedule or commercial bank category, the bank has become eligible for loans from RBI on bank rate and also gets membership of clearing houses. Furthermore, it assures that any activity of the bank would not adversely affect the interests of depositors.
BMB has been in existence since November 2013 which began with a seed capital of Rs 1,000 crore. To focus on the banking needs of women and promote economic empowerment is one of the main objectives of BMB.
At present, the loan portfolio of the BMB is about Rs 80-90 crore. It offers loan to girl child at a concessional rate which is 1% lower than the normal rates.
Bharatiya Mahila Bank (BMB), India’s first all-women bank, has been included in the second schedule to the RBI Act 1934.
With the inclusion in the second schedule or commercial bank category, the bank has become eligible for loans from RBI on bank rate and also gets membership of clearing houses. Furthermore, it assures that any activity of the bank would not adversely affect the interests of depositors.
BMB has been in existence since November 2013 which began with a seed capital of Rs 1,000 crore. To focus on the banking needs of women and promote economic empowerment is one of the main objectives of BMB.
At present, the loan portfolio of the BMB is about Rs 80-90 crore. It offers loan to girl child at a concessional rate which is 1% lower than the normal rates.
Naveen Patnaik takes oath as fourth time CM in Odisha
Naveen Patnaik was sworn-in as Chief Minister of Odisha for the fourth term in a row. Mr. Patnaik was administered the oath of office and secrecy by Governor S.C. Jamir.
It was in 2005 when Mr. Patnaik, head of Biju Janata Dal (BJD), became the CM for the first time when the BJD-BJP alliance came to power defeating the Congress.
Mr. Patnaik continued his second term from 2004 to 2009 when the BJD separated itself from the BJP and contested the elections by having seat sharing arrangements with Communist Party of India, Communist Party of India (Marxist) and Nationalist Congress Party.
Naveen Patnaik was sworn-in as Chief Minister of Odisha for the fourth term in a row. Mr. Patnaik was administered the oath of office and secrecy by Governor S.C. Jamir.
It was in 2005 when Mr. Patnaik, head of Biju Janata Dal (BJD), became the CM for the first time when the BJD-BJP alliance came to power defeating the Congress.
Mr. Patnaik continued his second term from 2004 to 2009 when the BJD separated itself from the BJP and contested the elections by having seat sharing arrangements with Communist Party of India, Communist Party of India (Marxist) and Nationalist Congress Party.
Pawan Chamling takes oath as Sikkim CM for fifth consecutive term
Sikkim’s Governor Shriniwas Patil administered the oath of office and secrecy toPawan Chamling as Sikkim Chief Minister for the record fifth term in a row.
In the recently concluded assembly polls, the Chamling-led Sikkim Democratic Front (SDF) had won a two-thirds majority securing 22 seats out of total 32.
Chamling has been in power since December 12, 1994 and has already completed two decades as the CM of state which merged with India in 1975.
Members of Planning Commission resign
Following the standard practice, all members of the Planning Commission (PC) including Deputy Chairman Montek Singh Ahluwalia and all the other members of the Commission submitted their resignations to the Prime Minister’s Office to enable its reconstitution. Dr. Ahluwalia and the rest of the members will continue as acting members till a new Commission is set up.
The Prime Minister is the ex-officio chairman of the PC and all members of the commission submit their resignations to the Prime Minister after the general elections. The term of members of the PC is coterminous with the government. The reconstitution of the new PC will be decided by the newly elected government.
This outgoing Planning Commission had formulated the 12th Five Year Plan (2012-17), which envisages an annual average economic growth of 8% during the plan period.
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