Delhi hotel fire: Kejriwal announces Rs 5 lakh ex gratia for kin of deceased

New Delhi: Delhi Chief Minister Arvind Kejriwal on Tuesday announced a compensation of Rs 5 lakh each to the next of kin of the people who lost their lives in a major fire in a central Delhi hotel.

Arvind Kejriwal

Published : Feb 12, 2019, 6:54 PM IST

"We have ordered a magisterial enquiry. We will try to know the cause of deaths in the fire and violations if any of the building laws," Kejriwal told the media after visiting the hotel in central Delhi’s Karol Bagh where 17 people were killed and 2 injured in a massive blaze in the early hours of Tuesday.

"Local MLA and officers have told me that there are many hotels violating the norms in the area. We are investigating how this hotel got NOC and if it violated the norms," the Chief Minister added.

In the wake of the fire accident at Hotel Arpit Palace on Tuesday, Aam Aadmi Party (AAP) has cancelled the celebrations of completing four years in government.

"Due to the tragic fire incident in Karol Bagh where several people have lost their lives, today’s Vishal Dadlani’s program scheduled for this evening (12 Feb) in Delhi, stands cancelled. Our heartfelt condolences for the grieving families," Delhi Deputy Chief Minister Manish Sisodia tweeted.

Also read: PM Modi acted as Ambani's 'middleman', alleges Rahul

"Local MLA and officers have told me that there are many hotels violating the norms in the area. We are investigating how this hotel got NOC and if it violated the norms," the Chief Minister added.

In the wake of the fire accident at Hotel Arpit Palace on Tuesday, Aam Aadmi Party (AAP) has cancelled the celebrations of completing four years in government.

Also read: PM Modi acted as Ambani's 'middleman', alleges Rahul

ZCZC
PRI COM ECO GEN NAT
.NEWDEL PAR17
RS-BILL-IFSC
Govt introduces IFSC Bill in Rajya Sabha
New Delhi, Feb 12 (PTI) The government Tuesday introduced
a Bill to set up a unified authority for regulating all
financial services in international financial services centres
(IFSCs) in the country.
The International Financial Services Center Authority
Bill, 2019 mandates tht transaction of financial services in
the IFCS shall be governed by an Authority headed by a
Chairman.
Currently, banking, capital markets and insurance
sectors in IFSCs are regulated by multiple regulators -- the
RBI, Sebi and Irdai -- and this would provide inter-regulatory
coordination.
The bill has a provision for establishment and
incorporation of the Authority. Regulatory bodies including
RBI, SEBI, IRDA, PFRDI would have one nominee as its member,
while the Finance Ministry will have rights to nominate two
officials in the Authority.
It will be "regulating the financial products, financial
services and financial institutions in an IFSC," the bill
said.
Two members could also be appointed by the central
government on the recommendation of the selection committee.
"The Chairperson and a member shall hold offices for a
term of three year from the date on which he enters upon his
office and shall be eligible for reappointment," the bill
said.
An IFSC enables to bring back to India the financial
services and transactions that are currently carried out in
offshore financial centers by Indian corporate entities and
overseas branches or subsidiaries of financial institutions
(FIs).
It provides business and regulatory environment that is
comparable to other leading international financial centres in
the world like London and Singapore.
IFSC provides Indian companies easier access to global
financial markets. PTI KRH NKD
RT
RT
02121610
NNNN

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Delhi hotel fire: Kejriwal announces Rs 5 lakh ex gratia for kin of deceased

New Delhi: Delhi Chief Minister Arvind Kejriwal on Tuesday announced a compensation of Rs 5 lakh each to the next of kin of the people who lost their lives in a major fire in a central Delhi hotel.

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