Madhya Pradesh has launched the 2014 edition of it Global Investors Summit. The event will be held from October 8 to October 10 in Indore. Indore is considered the business capital of Madhya Pradesh. Through the Global Investors Summit, the government seeks to display the strengths and industrial prowess of Madhya Pradesh. It is a bid to attract Indian and foreign investors to Madhya Pradesh. The Global Investors Summit will also act a forum for interaction between the Indian entrepreneurs, heads of states, policy makers, investors and other stakeholders.Multiple countries are also expected to be a part of the Global Investors Summit.
The 98th birth anniversary of Pandit Deendayal Upadhyay was celebrated on the 25th of September, with the Madhya Pradesh Government establishing a Chair in his honour at Makhanlal University. Pandit Deendayal was an eminent political activist and philosopher. He was a noted leader of the Bharatiya Jana Sangh, which is considered a precursor to the BJP (Bharatiya Janata Party).
Pandit Deendayal was born in 1916 in what is now Uttar Pradesh. He excelled in academics since a young age and was even selected to the Provincial Services. However, he chose to dedicate his life to the common man and engage in public service instead of joining the Provincial Services.
A critic of both capitalism and communism, Pandit Deendayal advocated his own brand of Integral Humanism which combined morality in politics and a human centric approach to economics. He strongly supported swadeshi and small scale industrialization. He upheld nationalistic ideals, and believed that blindly adhering to Western ideologies wouldn’t be a suitable path for India.
Along with an active political career, he also engaged in various literary endeavors. He established his own publishing house named Rashtra Dharma Prakashan and brought out the monthly Rashtra Dharma. He also launched and edited the weekly Panchjanya and the daily Swadesh from Lucknow. He also wrote a drama on Chandragupta Maurya, a biography of Shankaracharya and also translated a Marathi biography of K.B.Hedgewar.
He suffered an untimely death in 1968 when he was assassinated in Mughalsarai, Uttar Pradesh.
The Supreme Court declared illegal all coal block allocations between 1993 and 2010, saying these were done in an unfair, arbitrary and non-transparent manner without following any objective criteria. The court, however, said that further hearing was required to decide whether there is a need for cancelling around 200 coal block allocations.
The petitions were based on the Comptroller and Auditor General’s (CAG) report that the exchequer suffered a loss of Rs. 1.64 lakh crore due to the arbitrary allocations of coal blocks. The coal blocks allocated to private companies between 2004 to March 2010 are situated in Jharkhand, Chhattisgarh, Maharashtra, West Bengal, Odisha and Madhya Pradesh.