Tuesday January 28, 2020
Home India Ghaziabad met...

Ghaziabad metro line under SC’s scrutiny; asks DMRC to submit bid records

0
//

Delhi_Metro

By NewsGram Staff Writer

Keeping a hawk eye on the 9-km elevated Metro project from Dilshad Garden to Ghaziabad, the Supreme Court on Wednesday directed Delhi Metro Rail Corporation (DMRC) to confirm that no unjustified favor was given to any company in awarding the Rs. 600 crore contract.

Delhi Metro Rail Corporation was ordered by a bench of Justices T S Thakur and R Banumathi to show all records relating to awarding contract to M/s GYT-TPL, a joint venture of Tata Projects and Guangdong Yuantian Engineering Co of China.

The bench said that it will scrutinize whether any undue favor was granted to the company when the tender of Gammon India was rejected by the corporation. Gammon India asserted that it was unfairly expelled from the project.

The bench asked DMRC to file affidavit informing that the same benchmark was followed for all the contesting companies while issuing the contract.

The petition was filed by Gammon India that claimed that DMRC’s decision not to award it contract was ‘arbitrary and illegal’.

On the other hand, Solicitor General Ranjit Kumar, who appeared for the Corporation in front of the bench, stated that the decision to not grant contract to Gammon India was taken after viewing the company’s past performance in metro projects in Delhi and Chennai. He said that the company had failed to complete its work on time in Delhi and Chennai.

Kumar also said that DMRC held Gammon India as an ‘unreliable contractor’ which always delayed projects.

“How can you be so sure that other companies have not delayed in delivering the projects? Have you done study on other companies also? Did you ask for information from other companies? You must apply same yardstick to all companies,” the bench scolded the corporation.

Next Story

Digital Transactions in Delhi-NCR Grew by 235% Last Year: Razorpay

Online transactions in Delhi-NCR grew 235% in 2019

0
Online Transactions
Online transactions in Delhi-NCR grew by 235 per cent in 2019 and it was the third most digitized region in 2019. Pixabay

Digital transactions in Delhi-NCR grew by 235 per cent from 2018 (January-December) to 2019 (January-December) and the region was the third most digitised state in 2019, thus, contributing 13.05 per cent in 2019 (up from 10.9 per cent in 2018), said a new report by full-stack financial services company Razorpay on Tuesday.

“The last year has been buzzing for the fintech sector in Delhi, with the adoption of new digital payment modes and bringing the digital currency to the mainstream. The last six months saw a tremendous shift in the consumption patterns of businesses and consumer preferences of digital payments in the region.

“With UPI growing by a whopping 442 per cent in Delhi, I am certain that this payment method will overtake cards by at least 20 per cent in the next 12 months,” Harshil Mathur, CEO and co-founder of Razorpay, said in a statement.

Online Transactions
Credit and Debit cards contributed 46 per cent in digital transactions. Pixabay

In 2019, Karnataka saw the highest adoption of digital payments (26.64 per cent) followed by Maharashtra (15.92 per cent) and Delhi NCR (13.01 per cent).

While the usage of cards (46 per cent) and netbanking (11 per cent) saw a decline in 2019, down from 56 per cent and 23 per cent for cards and netbanking, respectively in 2018, UPI (38 per cent) went up from 17 per cent in 2018.

Amazon Pay was the most preferred wallet among consumers (33 per cent), followed by Ola Money (17 per cent) in 2019.

Also Read- India Witnesses Fall in the Number of Cyber Threats in 2019: Kaspersky

The top three sectors in digital payment adoption for 2019 were food and beverage (26 per cent), financial services (12.5 per cent) and transportation (8 per cent).

Among UPI, Google Pay contributed 59 per cent, PhonePe contributed 26 per cent, followed by Paytm (7 per cent) and BHIM (6 per cent) in digital transactions in 2019. (IANS)