Rotomac Pen company loan default case: CBI files FIR
The Central Bureau of Investigation (CBI) on Monday registered an FIR against Rotomac Pen and its promoter Vikram Kothari for allegedly defaulting on loans of over Rs 800 crore from multiple banks.
The agency is currently carrying out raids at three locations in Kanpur where the company is based. Kothari, his wife, and his son are being questioned by a CBI team in connection with the case at their residence in Kanpur. Kothari was earlier rumoured to have left the country, but he clarified through local media yesterday that he was in Kanpur.
The CBI has registered a case against Rotomac, a pen manufacturer, on the basis of a complaint from the Bank of Baroda (BoB). The bank had in February 2017 declared Rotomac as a "willful defaulter". Rotomac had contested the tag in the Allahabad High Court on the ground that it had offered Rs 300 crore assets to the bank and still it was called a willful defaulter. The company had got an order in its favor but failed to pay the loans.
The Kanpur-based company's owner had taken a loan of more than Rs 800 crore from over five state-owned banks.
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Karnataka govt to establish Gig Workers’ Welfare Board
Bengaluru, Apr 3 (PTI): The Karnataka government decided to establish a Gig Workers’ Welfare Board, Chief Minister Siddaramaiah’s office said on Thursday.
The decision was made following a discussion between Siddaramaiah and Congress leader Rahul Gandhi in New Delhi.
According to a statement issued by the Chief Minister’s Office (CMO), Rahul Gandhi inquired about the timeline for formulating the Gig Workers' Welfare Act, which he had promised during his Bharat Jodo Yatra and the elections.
"The Karnataka government has decided to establish a Gig Workers' Welfare Board to ensure the well-being of workers employed by companies like Amazon, Flipkart, Ola, Uber, and others," the statement said.
It further stated that a five per cent cess would be collected from the concerned companies, while the state government would provide the remaining funds required to support welfare schemes for gig workers.
"A comprehensive bill covering all aspects of gig workers' welfare will be prepared and presented before the state cabinet for approval," the statement added.
Three gig worker representatives—Rakshitha Dev, Sheikh Salahuddin, and Nikhil Dev—were also invited to the meeting.
They appreciated the government's initiative and expressed hope for improved working conditions.
State ministers Santosh Lad, Priyank Kharge, and M B Patil were present at the meeting.
Santosh Lad was quoted as saying that Rahul Gandhi, who had earlier advocated for gig workers' rights during the Bharat Jodo Yatra, welcomed the eight-point proposal prepared by the Labour department.
Rahul Gandhi also emphasised the need for swift implementation to safeguard gig workers' interests.
"The Karnataka Labour Department has already introduced three key bills—covering workers' gratuity, cinema workers' rights, and now, gig workers' welfare. The unorganised workers' sector has lauded the government's efforts and extended full support for this progressive move," the statement quoted Lad as saying.
