Top StoriesSupreme Court Asks AG KK Venugopal To Consider Whether NGT’s Jurisdiction Can Be Extended To Wildlife Protection Act Mehal Jain15 Dec 2020 3:59 AMShare This – xThe Supreme Court on Tuesday asked AG KK Venugopal if the jurisdiction of the NGT can be extended under the Wildlife Protection Act as well.The bench headed by CJ S. A. Bobde was hearing a petition seeking, inter alia, the installation of bird diverters on power lines and the undergrounding of overhead power transmission lines, besides restraint on establishment of windmills and…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Tuesday asked AG KK Venugopal if the jurisdiction of the NGT can be extended under the Wildlife Protection Act as well.The bench headed by CJ S. A. Bobde was hearing a petition seeking, inter alia, the installation of bird diverters on power lines and the undergrounding of overhead power transmission lines, besides restraint on establishment of windmills and solar infrastructure, in priority and potential habitat areas of the endangered Great Indian Bustard and the Lesser Florican.When the bench was informed that the NGT is also seized of an identical issue, the CJ observed, “If the NGT is doing its job, why should we duplicate?”The bench was informed by Senior Advocate Shyam Diwan that while the Tribunal has jurisdiction under the Environment Protection Act and the Forest Act, its powers do not extend to the Wildlife Protection Act.”We will ask the AG to look into it. Will you do something about this, Mr. Attorney? It is a reasonable thing to be done”, asked the CJ.”It should have been done. I will take it up straightaway”, assured the AG.Mr. Diwan had placed on record a media report of September this year on how a female Bustard had come to die after crashing into a high-tension wire in Rajasthan and that the population of the endangered species was now down to hundreds.”Why don’t you join the licensee by whom the overhead line was erected for transmission of electricity? We can ask them to bear the costs of undergrounding these wires under Corporate Social Responsibility?”, asked the CJ. He was told that the company in question is already arrayed as a respondent.It may be noted that on July 15, 2019, the court had issued notice on the plea and considered it appropriate to appoint a Committee comprising the following members/society for the purpose of this petition: the Director, Bombay Natural History Society, Hornbill House, Mumbai; the former Director of Bombay Natural History Society and Member of the Governing Body of Wetlands International South Asia; the Chief Conservator of Forests, Wildlife Admn. Protection & Intelligence, Nainital, Uttarakhand. Subsequently, on February 18, the bench had added 3 more members to the Committee.On Tuesday, Mr. Diwan submitted that while the Committee has been constituted, despite the urgency of the matter, the respondent-states have not responded and accordingly, the Terms of Reference for the Committee, as are already before the Court, may be issued by the Court.Questioning why the dual relief of both the installation of diverters as well as the undergrounding of power lines is required, the bench asked Mr. Diwan to place before it a map showing the areas of the Bustard habitat and the lines which should be made underground, marked in colour, so that a direction for undergrounding can be issued with regard to the specific areas and the specific lines.Thereafter, the AG informed the bench that last year the NGT was also seized of a OA concerning the Bustard and the Lesser Florican.The NGT has directed the formation of a Joint Committee to mitigate measures for protecting the Great Indian Bustard (GIB). The Purpose of the committee is to prepare a time bound action plan to ensure the survival of the critically endangered specie, as per Schedule-I to the Wildlife Protection Act, 1972. The MoEF&CC was asked to prepare a ‘factual report’ by the NGT, on the allegation of inadequate measures in place to protect the GIB.The report, submitted by the Wildlife Institute of India (WII), acknowledged the problem that adult mortality of the GIB is still very high due to collisions with power-lines that crisscross their fly paths. The Wildlife Institute of India (WII) is an autonomous institution under the MoEF&CC, set up in 1982 for the purpose of conservation and management of wildlife resources. The report submitted by WII had suggested some recommendations to protect the GIB such as, mitigating all power transmission lines passing through priority bustard habitats identified by WII after necessary approvals from the Rajasthan Energy Department, by undergrounding cables, develop predator-proof enclosures in known breeding sites and keep away nest predators such as dogs, pigs, foxes and other species using professional trappers. The report also suggested that the Rajasthan Forest Department (RFD) could engage with local communities to promote Bustard friendly agricultural practices and grow crops that are preferred by them.On the basis of the WII’s report, NGT decided that the recommendations needed to be acted upon, which required preparation of a time bound action plan. Accordingly, the Principal Bench directed the formation of a joint Committee comprising members such as Director General, Ministry of Power, Ministry of New and Renewable Energy, Central Government and nominees of Energy Departments of Gujarat and Rajasthan within two months. The Bench further held that a compliance report of the action plan is to be furnished to the Principal Bench.”The report of the WII is a very elaborate report, covering every conceivable aspect”, advanced the AG on Tuesday.The bench required the report to also be shared with the petitioners. The bench also asked the AG to consider whether the jurisdiction of the NGT can be extended to the Wildlife Protection Act.Next Story
The scheme added that as a second step, there might be a request for proposal as a follow up and for an in depth due diligence the fund would contact four or five managers directly.Applications can be in either English or German. the deadline to participate is 10 January 2020, 17:00 UK time.IPE Quest Discovery is a pre-RFP service allowing institutional asset owners to carry out a preliminary search for managers.The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email [email protected] A swiss pension fund has put out a request for information as a first step to define its requirements and needs in terms of both possible asset region allocation and the equity management for a low volatility mandate, via IPE Quest’s Discovery service.According to search DS-2587, the pension fund is seeking to invest $500m (€448m) in global core low volatility equities, follwoing the MSCI Minimum Volatility Indices.The fund is considering passive, enhanced index or active approaches, and can eitehr be a pooled or segregated contract.Managers applying shoudl have at keast $1bn of assets under management for the asset class, and should state performance data to 30September 2019, net of fees. Brunel appoints Blackrock to provide bespoke risk management frameworkBrunel Pension Partnership has appointed BlackRock to deliver bespoke investment risk management services to the investment pool’s Local Government Pension Scheme (LGPS) clients.Brunel undertook a thorough search for the right partner to deliver the best possible solution, with a view to offering its clients the ability to manage a range of risks, including inflation, interest, equity and currency risks.David Cox, head of listed markets at Brunel, said: “Rather than limiting risk management to traditional liability driven investment (LDI), we are keen to offer our clients a comprehensive risk management framework.”He added that Brunel is “keen to empower” its member funds and this includes “equipping them to manage their strategic risks and exposures across asset classes.”The framework being offered with BlackRock ”will enable us to meet the investment risk management requirements of our clients in these uncertain times,” Cox continued.BlackRock was selected due to its technical expertise, range and scale, and its ”willingness to understand and address the particular needs of the LGPS,” he said. Their track record should be of at least five years and have at least 10 clients/mandates within low volatility equities management. Hymans Robertson advises on £800m longevity swap for FTSE100 pension schemeConsultancy Hymans Robertson has led the advice on a £800m (€945m) longevity swap transaction with Zurich for a FTSE100 sponsored pension scheme.The longevity swap protects the scheme against the risk of its pensioner and dependant members living longer than expected, the advising firm announced. Hymans Robertson acted as lead adviser on the transaction, and, together with legal transactional counsel, CMS, negotiated a new efficient structure with Zurich to meet the requirements of the scheme.The majority of the longevity risk was reinsured by Hannover Re, with the scheme benefitting from diversification of counterparties under an ‘Enhanced Pass Through’ structure.The transaction was unique in its demographics and covers a significant proportion of non-UK overseas lives, providing the scheme with valuable protection.A trustee at the scheme said: “This continues the trustees’ strategy to de-risk the scheme, with this transaction significantly reducing the key outstanding risk for the scheme.”The official added that Hymans Robertson’s specialist experience in the longevity insurance market “was invaluable”. “Through their efficiency and tailored broking approach the Scheme was able to save money at each stage of the process.”Baljit Khatra, risk transfer consultant at Hymans Robertson and lead adviser, said: “The scheme had already taken significant steps to reduce financial risks, and we identified longevity as being a material outstanding risk for the scheme.”
Our Sports ReporterGUWAHATI: A FIFA delegation accompanied by the LOC officials will visit Indira Gandhi Athletic Stadium and practice arenas in the city tomorrow to evaluate the progress made towards the preparation for the Women’s U-17 World Cup.Oliver Vogt from FIFA Tournaments and Events division will lead the team.Indira Gandhi Athletic Stadium is already in FIFA’s map after the stadium hosted the U-17 Men’s World cup matches in 2017. This time also it was shortlisted for the Women’s U-17 Championship which will be held from November 2 next year in India.Apart from the Indira Gandhi Athletic Stadium the delegate will likely to visit the practice arenas which included LNIPE campus at Sonapur and SAI Sports complex in the city.It may be mentioned here that earlier today the team visited Kolkata to inspect the Yuba Bharati Krirangan Stadium. Later they will travel to Bhubaneswar (November 29), Ahmedabad (November 30) and Navi Mumbai (December 1) for same purposes.Also Read: FIFA delegation to be in Guwahati for infrastructure inspection for U-17 Women’s World CupAlso Watch: Dokmoka Mob Lynching: Abhi-Neel case awaits justice after 1 ½ years
(ESPNCricinfo) – Middle-order batsman Babar Azam and left-arm spinner Mohammad Nawaz earned maiden Test call-ups, for the first Test against West Indies in the UAE. Azam’s selection came right after he scored three consecutive centuries in Pakistan’s 3-0 ODI whitewash over West Indies.Iftikhar Ahmed, Mohammad Rizwan, Mohammad Hafeez and Shan Masood were the players left out of the team that went to England this summer, as Pakistan named a 14-man squad for the Dubai Test,starting October 13. Younis Khan had already been ruled out of Pakistan’s maiden day-night Test, because he was recovering from dengue.The squad consisted of only five specialist batsmen in Azhar Ali, Sami Aslam, Azam, Misbah-ul-Haq and Asad Shafiq, meaning Pakistan are likely to play Sarfraz Ahmed at No. 6, and allrounder Nawaz at No. 7;or go in with five specialist bowlers.Chief selector Inzamam-ul-Haq acknowledged that Pakistan have been struggling to find quality allrounders and hoped Nawaz could be the answer. “We have been searching for one who can bat in the lower order and bowl as well. And if you look at Nawaz, he has got a good first-class record. It shows he has been promising with the bat and has competed as a bowler.”Nawaz has 1440 runs and 44 wickets, including three centuries and a seven-wicket haul,in 29 first-class matches.Azam, 21, was picked in the squad after a prolific run in one-day cricket for Pakistan this year, scoring 656 runs in 11 innings at an average of 59 and a strike rate of 95. He made his ODI debut in the home series against Zimbabwe in May 2015, and has 886 runs in 18 matches. Azam averages 41.13 in first-class cricket, having scored 1522 runs in 41 innings for five different teams.Hafeez played three Tests on the tour of England, making 102 runs in six innings, before he was dropped for the last match at The Oval, which Pakistan won to draw the series 2-2. He played the one-off ODI against Ireland and the first ODI against England before he suffered a leg injury and returned home. After recovering,Hafeez was asked by the selectors to play in the Quaid-e-Azam trophy, Pakistan’s first-class competition, and he made 68 in both innings of his first game for Sui Northern Gas Pipelines.Inzamam said that this was because they didn’t want the players sitting on the bench for too long. “Those who are good but weren’t able to perform in England, we made them play in first-class cricket. We didn’t want them to waste their time on the bench but rather they play some cricket and get themselves back into form.”Hafeez earned a spot in the PCB Patron’s XI against the West Indians in Sharjah, but he made a duck in the first innings and was left out of the Test squad.