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FHFA Strategy Focuses on Post-Conservatorship Years

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Previous: Why Are Americans Putting Off Selling Their Homes? Next: Should CFPB Reorganize ‘Just Weeks Before an Election’? The Federal Housing Finance Agency (FHFA) has released an updated strategic plan that envisioned a path for ending the conservatorships of Fannie Mae and Freddie Mac that have been in place since September 2008.According to a statement issued by the agency, “FHFA Strategic Plan: Fiscal Years 2021-2024” formalizes the direction of the FHFA and its regulated entities with an updated mission that includes three new strategic goals:Ensuring safe and sound regulated entities through world-class supervision;Fostering competitive, liquid, efficient, and resilient (CLEAR) national housing finance markets; andPositioning the agency as a model of operational excellence by strengthening its workforce and infrastructure.“FHFA must take steps to prepare for its post-conservatorship role as a world-class regulator,” said FHFA Director Mark Calabria. “This new Strategic Plan outlines the critical milestones that will guide FHFA’s efforts to ensure that its supervision and regulation of the Enterprises is strong and well-executed once outside the framework of conservatorship.”Although the plan did not offer a specific timeline for achieving a post-conservatorship environment, Calabria added that the FHFA has already begun to take actions that align with these goals, including the creation of the Office of Equal Opportunity and Fairness and the Division of Research and Statistics, which both occurred last January.The strategic plan acknowledged there could be obstacles to prevent it from being implemented, including the possibility of the government-sponsored enterprises becoming unable to provide liquidity to the mortgage market during a period of economic fraying.“Financial stress that adversely affects the safety and soundness of the regulated entities can come at any time,” the strategic plan warned. “A severe economic downturn could trigger a decline in nationwide or regional house prices, causing an increase in mortgage defaults. Disruptions in funding markets could limit access to and increase the cost of short-term borrowing. Defaults by one or more significant counterparties could expose the regulated entities to loss.”The strategic plan also predicted difficulties from “any new housing finance legislation enacted into law [that] could potentially affect FHFA’s ability to implement this StrategicPlan.” The plan recommended that Congress “give FHFA the same flexibility as the federal banking regulators by amending or removing the statutory capital definitions” while allowing it to continue partnering with other federal agencies “to ensure a fair playing field and mitigate opportunities for regulatory arbitrage.”“The finalized strategic plan will help cement the agency as a world-class financial regulator by ensuring that we fulfill our statutory mission and continue working to end the conservatorships of the enterprises responsibly,” Calabria said. October 27, 2020 1,586 Views Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. Sign up for DS News Daily  Print This Post Related Articles in Daily Dose, Featured, Government, Newscenter_img FHFA Strategy Focuses on Post-Conservatorship Years Fannie and Freddie FHFA Strategic Fiscal Plan 2020-10-27 Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Fannie and Freddie FHFA Strategic Fiscal Plan About Author: Phil Hall Home / Daily Dose / FHFA Strategy Focuses on Post-Conservatorship Years Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Clinical or Tenure track Assistant/Associate/Full Professor Dermatology

first_imgBe advised a credit check will be required for all positions withfinancial responsibilities. For additional information about thecredit check criteria, visit the UGA Credit Background Check website. DepartmentVet Med Small Animal Medicine & Surg Duties/ResponsibilitiesPosting Specific QuestionsRequired fields are indicated with an asterisk (*).Applicant DocumentsRequired DocumentsResume/CVCover LetterList of References with Contact InformationOptional Documents Does this position have operation, access, or control offinancial resources?No Does this position require a P-Card?No Job Closing Date Minimum Qualifications College/Unit/Department website Posting Details Retirement PlanTRS or ORP Classification Title Underutilization About the College/Unit/Department Advertised Salary EEO Statement Faculty RankOpen Rank Posting NumberF0018P Candidates must have a DVM or equivalent degree and have boardcertification or have completed an approved residency of theAmerican College of Veterinary Dermatology or European College ofVeterinary Dermatology. Salary and entry rank will be commensuratewith experience level. Appointment at the associate professor rankrequires a minimum of five years of experience in a similarposition; appointment at the rank of full professor requiresattainment of tenure in a similar position at an academicinstitution. Benefits EligibilityBenefits Eligible Posting TypeExternal Standing/Walking Credit and P-Card policy Is this a Position of Trust? The successful candidate will join a dermatology service with onefull-time faculty member, a dedicated technician, and a resident.The dermatology service currently maintains a diverse caseload withongoing clinical research projects and opportunities for teachingstudents and house officers. Complete on-site clinical, diagnostic,and pathology facilities permit diagnostics and treatment ofdermatology patients, and the new UGA Veterinary Teaching Hospitalis staffed with specialists in surgery, oncology, neurology,internal medicine, cardiology, ophthalmology, emergency andcritical care, dermatology, anesthesiology, diagnostic imaging,anatomic and clinical pathology, and zoological medicine. Thedermatology service has STORZ HD video-otoscopy unit with Vet Pump.Holmium: YAG and diode lasers are available within the hospital forprocedures as needed. Responsibilities include clinical service,research, and teaching. Faculty assignment will be based on theinterests of the candidate in conjunction with the missions of thedermatology program. The successful candidate is welcome toactively participate in collaborative efforts and encouraged toestablish an independent research program. Shared laboratory spaceand technical support are provided within the Department. Theindividual will share responsibilities in clinical service,didactic teaching, and clinical teaching of professional students,interns, and residents. Position Details Is driving a responsibility of this position?No Qualified applicants are invited to submit: (1) a letter of intentincluding professional interests and career goals; (2) curriculumvitae; and (3) name, mailing address, and contact information forthree professional references. Please apply athttp://facultyjobs.uga.edu/postings/3908. All application materialsmust be received by June 29, 2018 to ensure consideration. Pleasecontact Dr. Jane Quandt, Search Committee Chairperson, [email protected] if you have any questions regarding the position.The start date for the successful candidate is negotiable and canbe as early as September 1, 2018.center_img Position Summary Contract TypeFiscal (12 mo.) Tenure StatusNegotiable Additional Requirements Relevant/Preferred Education, Experience, Licensure, and/orCertification Location of VacancyAthens Area Physical Demands Candidates must have a DVM or equivalent degree and have boardcertification or have completed an approved residency of theAmerican College of Veterinary Dermatology or European College ofVeterinary Dermatology. Salary and entry rank will be commensuratewith experience level. Appointment at the associate professor rankrequires a minimum of five years of experience in a similarposition; appointment at the rank of full professor requiresattainment of tenure in a similar position at an academicinstitution. Job Posting Date07/09/2018 FLSA Special Instructions to Applicants Preferred Knowledge, Skills, Abilities and/or Competencies The University of Georgia ( UGA ), a land-grant and sea-grantuniversity with statewide commitments and responsibilities is thestate’s oldest, most comprehensive, and most diversifiedinstitution of higher education ( http://www.uga.edu/ ). UGA is currentlyranked among the top 20 public universities in U.S. News &World Report. The University’s main campus is located in Athens,approximately 65 miles northeast of Atlanta, with extended campusesin Atlanta, Griffin, Gwinnett, and Tifton. UGA was founded in 1785by the Georgia General Assembly as the first state-charteredUniversity in the country. UGA employs approximately 1,800full-time instructional faculty and more than 7,600 full-timestaff. The University’s enrollment exceeds 36,000 studentsincluding over 27,500 undergraduates and over 8,500 graduate andprofessional students. Academic programs reside in 17 schools andcolleges, as well as a medical partnership with Augusta Universityhoused on the UGA Health Sciences Campus in Athens. Candidates must have a DVM or equivalent degree and have boardcertification or have completed an approved residency of theAmerican College of Veterinary Dermatology or European College ofVeterinary Dermatology. Salary and entry rank will be commensuratewith experience level. Appointment at the associate professor rankrequires a minimum of five years of experience in a similarposition; appointment at the rank of full professor requiresattainment of tenure in a similar position at an academicinstitution. Is having a P-Card an essential function of this position?No Candidates must have a DVM or equivalent degree and have boardcertification or have completed an approved residency of theAmerican College of Veterinary Dermatology or European College ofVeterinary Dermatology. Appointment at the associate professor rankrequires a minimum of five years of experience in a similarposition; appointment at the rank of full professor requiresattainment of tenure in a similar position at an academicinstitution. Working TitleClinical or Tenure track Assistant/Associate/Full ProfessorDermatology Does this position have Security Access (e.g., public safety,IT security, personnel records, patient records, or access tochemicals and medications) Open until filledYes Employment TypeEmployee The University of Georgia is an Equal Opportunity/AffirmativeAction employer. All qualified applicants will receiveconsideration for employment without regard to race, color,religion, sex, national origin, ethnicity, age, geneticinformation, disability, gender identity, sexual orientation orprotected veteran status. Effective End Date (for Limited-Term postings) Anticipated Start Date09/01/2018 About the University of Georgia Does this position have direct interaction or care of childrenunder the age of 18 or direct patient care?last_img read more

Messi: Ban Lifted after Appeal

first_imgA FIFA appeal committee said while his behaviour was “reproachable”, the evidence was not sufficient.He will now be available for matches against Uruguay, Venezuela and Peru as Argentina fight to secure a place at next summer’s World Cup finals in Russia.A fine of 10,000 Swiss francs (£7,800) was also lifted.During the Chile game, Messi was caught on camera venting his anger at an assistant who signalled he had committed a foul.He was not shown a card at the time.The FIFA appeal committee concluded “the evidence available was not sufficient to establish” an infringement had occurred.“The appeal committee nevertheless underlines the importance of always showing respect to the match officials, stressing that such a principle is essential in football and any unsporting conduct that may be contrary to the principles of fair play cannot be accepted,” it said in a statement.Messi had faced missing Argentina’s next three qualifiers, but will now be available for all four of their remaining four matches.Argentina are fifth in their group of 10, with the top four qualifying automatically and the fifth team going into a play-off.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Lionel Messi is free to represent Argentina in their World Cup qualifiers after his four-match international ban was overturned on appeal.The 29-year-old Barcelona forward was suspended for directing “insulting words” at an assistant referee during a 1-0 win over Chile in March.He missed one match – Argentina’s 2-0 World Cup qualifying loss to Bolivia..last_img read more

a month agoLampard insists Chelsea were better than Liverpool

first_imgAbout the authorFreddie TaylorShare the loveHave your say Lampard insists Chelsea were better than Liverpoolby Freddie Taylora month agoSend to a friendShare the loveFrank Lampard was happy with Chelsea’s performance in Sunday’s 2-1 loss to Liverpool.Liverpool went 2-0 up within 30 minutes against the hosts, thanks to goals from Trent Alexander-Arnold and Roberto Firmino.N’Golo Kante struck back late in the second half but it wasn’t enough for Chelsea to rescue a point.He told Sky Sports:”Performance wise we were the better team. We had more energy in our game, character and spirit.”That’s why the crowd applauded at the end. Let’s take this forward.”The Blues did have a goal disallowed by VAR due to an offside, which Lampard was happy to accept after the game.”I like to think we might get a couple in our favour, but you can see Mason is a tiny bit offside,” he added.”We have to get on with it. It is a sad thing for the celebration and the moment but if we are looking for correct decisions that is where we are at. It changes the atmosphere in the crowd, on the pitch. We are slightly deflated and they get a boost. We deserved to be level at that point.” last_img read more

Orlando Bloom To Receive Britannia Humanitarian Award

first_imgThe British Academy of Film and Television Arts Los Angeles (BAFTA Los Angeles) is pleased to announce it will honor award-winning actor and UNICEF Goodwill Ambassador Orlando Bloom with the Britannia Humanitarian Award presented by the Beazley Group.The award will be presented at the 2015 Jaguar Land Rover British Academy Britannia Awards Presented by American Airlines on Friday, October 30, 2015 at the Beverly Hilton Hotel.“At BAFTA Los Angeles, we recognize that our industry’s power to raise social awareness and push for change is enormous. Orlando Bloom’s incredible work with UNICEF and many other charities demonstrates that immense power, and he has consistently gone above and beyond as an active, engaged campaigner for real solutions to urgent global issues,” stated BAFTA Los Angeles Chairman, Kieran Breen. “We are delighted to honor Orlando with this award and to draw a spotlight on the issues he cares about most.”The Britannia Humanitarian Award is presented to a colleague who has used the art form of the moving image or their position in the entertainment industry to create positive social change, and actively shine a light on important humanitarian issues. The award has previously recognized Idris Elba, Richard Curtis, Don Cheadle, Colin Firth and Mark Ruffalo. Bloom has used his voice for years to highlight great causes, including We Day, Children’s Defense Fund and Global Green. One of Bloom’s passionate initiatives has been his partnership with UNICEF, the human rights non-profit, which focuses efforts on children in underdeveloped parts of the world. Bloom has been a UNICEF Goodwill Ambassador since 2009, visiting countries like Nepal, Liberia, and Russia to aid in UNICEF’s efforts, which include everything from education, to clean water acts, and battling Ebola.As previously announced, Meryl Streep will receive this year’s Stanley Kubrick Britannia Award for Excellence in Film, Sam Mendes will receive the John Schlesinger Britannia Award for Excellence in Directing presented by The GREAT Britain Campaign, James Corden will receive the Britannia Award for British Artist of the Year presented by Burberry and Amy Schumer will receive the Charlie Chaplin Britannia Award for Excellence in Comedy presented by Kodak. World-renowned television and event production company Done + Dusted will produce this year’s ceremony. British automotive company Jaguar Land Rover are this year’s title sponsor of the event, and American Airlines the presenting sponsor.“We applaud Orlando’s passionate commitment to the rights of young people around the world,” commented Event Co-Chairs, Deborah Kolar and Adam Bialow.The British Academy Britannia Awards evening is BAFTA’s big night out in Hollywood, where Brits and anglophiles alike come together to take over Los Angeles for an evening to honor individuals who have dedicated their careers to advancing the art forms of the moving image in the US, UK and beyond. This cross-cultural collaboration allows the BAFTA community to shine a spotlight on the Hollywood industry while hosting an evening of fun and British irreverence. The awards are BAFTA Los Angeles’ highest accolades, and a celebration of achievements honoring individuals and companies that have dedicated their careers to advancing the entertainment arts. The evening recognizes outstanding British talent or exceptional American talent by virtue of their strong connection to the British industry through their body of work, and celebrate the long-standing collaboration between the British and American industries.The annual ceremony will take place Friday, October 30, 2015 at the Beverly Hilton Hotel. Additional honorees will be announced at a later date. The British Academy Britannia Awards is a key event in the awards season, which continues with the BAFTA Tea Party in Los Angeles on January 9, 2016 and culminates with the EE British Academy Film Awards in London on Sunday, February 14, 2016.Proceeds from the gala ceremony support BAFTA Los Angeles’ on-going education, scholarship, community outreach and archival projects.For more information on table sales please contact MTA Events at [email protected] or 818.906.0240.last_img read more

2 killed in Chinese naval plane crash

first_imgBeijing: Two Chinese navy pilots were killed Tuesday when their plane crashed during a training mission in the southern island province of Hainan, the military said. The crash happened during a training exercise over rural Ledong county in the southern island province. There were no casualties on the ground and an investigation is underway to ascertain cause of the accident, the navy said in a statement. The Peoples Liberation Army’s (PLA) official statement did not specify the type plane that crashed, although unverified witness account online said it was a twin-seat Xian JH-7 “Flying Leopard”, Hong Kong-based South China Morning Post reported. Also Read – Imran Khan arrives in China, to meet Prez Xi JinpingThe JH-7, which entered service with the navy and air force in the 1990s, has been involved in a number of fatal accidents over the years, it said. China’s worst military air accident in recent years happened in January 2018. At least 12 crew members died when a PLA Air Force plane, believed to be an electronic reconnaissance aircraft, crashed in Guizhou in the southwest of the country. Military commentators have previously said that China’s drive to improve its combat readiness, which includes the building of new aircraft carriers and warplanes, has resulted in a serious shortage of qualified pilots. To fill the vacancies the Chinese military has started a major recruitment drive and intensive training programme for pilots, the report said.last_img read more

‘Was tough to revisit my dark chapters’

first_imgMumbai: Actor Sunny Leone, who is gearing up for the final season of the web series ‘Karenjit Kaur – The Untold Story of Sunny Leone’, says she often broke into tears while filming it as she had to go down the memory lane and revisit some dark chapters of her life. “It was certainly not easy for me to revisit some of the chapter of my life that are dark, that I wanted to believe were a nightmare that which would get over soon. When my mother passed away, my father was diagnosed with cancer and within some time, he also passed away. I got married, got an invitation for an Indian TV show…there was too much happening very fast,” Sunny said. Also Read – I have personal ambitions now: Priyanka”Some of the situations were hurtful and I never ever wanted to visit those memories ever again. During the shooting, I broke down so badly. Seeing me breaking down like that, (my husband) Daniel Weber felt terrible and helpless because he cannot fix anything of those chapters of my life. Losing my parents was terrible.” Sunny forayed into Indian showbiz with television show ‘Bigg Boss’. Sunny also appeared in films like Jism 2, Ek Paheli Leela, Raees and One Night Stand. “I think now I know the world of Bollywood a little better. The first few films in my initial years were like being in a Bollywood boot camp.” Asked about the most difficult thing that she has faced in India, Sunny pointed out that it’s the hierarchy in the society. She is working hard to strike a balance between personal and professional life.last_img read more

IOC sets up trading desk at Delhi office to buy crude on real-time basis

first_imgNew Delhi: India’s top refiner Indian Oil Corp (IOC) has set up a trading desk at its office here to buy crude oil from international market on a real-time basis, helping it cut import price by locking in best price and quality, its Director (Finance) A K Sharma said. IOC, which buys 30 per cent (15 million tonne) of its oil requirement from spot or current market, had set up a trading office in Singapore in 2017 but has now developed in-house software and trading team to buy crude oil on a real-time basis. Also Read – Thermal coal import may surpass 200 MT this fiscalIt made the first purchase through the desk on March 25 when it bought one million barrel of Nigeria’s Agbami crude, he said. While private sector firms like Reliance Industries have had a local trading desk for buying of crude and exporting fuel it produces, IOC would be the first state-owned refiner to set up such a desk. Sharma said the Singapore desk was used to buy crude oil on a short-tender basis where the purchase was decided in two-hour time after receipt of offers from an international seller. This is compared to 10 hours taken to decide on purchase in traditional tenders. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostBut with a trading desk at its office in the national capital, IOC is deciding on purchases on a real-time basis, he said. “This helps us get the best price and most suitable, value giving crude,” he said. In traditional tenders as well as short tenders floated through the Singapore office, IOC would seek quotations from international sellers for a particular grade and quantity of crude oil. It would decide on the price based on the lowest bid rate with no scope of any negotiations on the offer. However, with the trading desk now, it on a real-time basis negotiates with crude traders, often pitching price of one with another to get the best rate. “We have set up a compliance process,” he said. “We have established an in-house process where four traders, without interacting with one another, lock in best available price. A supervisor, who does not have the benefit of the identity of the seller, then instructs for further negotiations on an offer based on offers from other sellers. The traders then negotiate with the seller to bring down the price.” IOC plans to transfer the trading desk once it stabilises in Singapore to do the real-time purchase of quantities of crude oil it buys from the spot market. Also, it could trade on fuel its refineries would export, he said. The company buys about 70 per cent of its crude needs from oil companies such as Saudi Aramco of Saudi Arabia and SOMO of Iraq on annual term contracts. The rest is bought from the spot market through tenders. Sharma said ultimately most of the spot purchases would be done through the trading desk. He, however, did not give a timeframe for moving to that. Currently, one cargo of 1 million barrels are bought through trading desks at Singapore or at New Delhi. Sharma said IOCL Singapore Pvt Ltd – the company’s Singapore subsidiary – will ultimately handle the trading desk. IOCL Singapore has two officers as compared to four traders plus supervisor and compliance officer at the trading desk in the national capital, he said adding the company will gradually increase its workforce in line with transactions. Singapore is the trading hub for the world’s biggest consumer region and an office there will help it have better access to information and speedier decision making. Before 2017, public sector oil companies would often lose out on opportunities to buy cheaper crude from the international spot markets as their sourcing policies required them to float a tender and obtain approvals from the oil ministry before they could place an order. The process used to take up to two months. While these companies had board approvals to set up offices abroad, they could not go ahead due to policy constraints and concerns over transparency in the public procurement policy. The trading desk is part of progression IOC has seen in crude procurement policy since 2016 when the government gave flexibility to state refiners to devise their own crude import policies. Prior to that, IOC used to take 26 hours to decide on a tender for import of crude oil from spot or current market. In April 2016, after the Cabinet gave state-owned oil refiners freedom to devise their own crude import policies, the time has been shrunk to 12 hours. Time for deciding on tenders for export of petroleum products or fuel was cut to just 9 hours from the previous 35 hours. “Earlier, we had a three-member committee comprising two company executives and one senior official of the ministry of petroleum and natural gas to decide on awarding tenders for import of crude oil from the spot market. Now we have an internal committee which can take decisions quickly,” he said.last_img read more

Intimate proposal: New Zealand PM, partner, cops… and a dog

first_imgWellington: New Zealand’s Prime Minister Jacinda Ardern on Monday joked that her partner’s marriage proposal was an intimate moment with just the two of them, a police protection officer, a couple of locals and a dog that tried to eat chocolate her partner had brought with him. Ardern was speaking publicly for the first time about her engagement to her longtime partner Clarke Gayford over the Easter break in the town of Mahia. She said she taken by surprise by Gayford’s question and the couple has yet to make any wedding plans. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: ReportReporters on Friday noticed Ardern wearing a ring on her middle finger, a variation from the traditional ring finger, and her office later confirmed the couple was engaged. Ardern said the ring belonged to Gayford’s grandmother. “So I have not been trying to hide our news from anyone,” she said. “It simply doesn’t fit on the right finger, so that’s why it’s sitting in the middle.” Ardern and Gayford have a 10-month-old daughter, Neve. Ardern became just the second elected world leader in modern history to give birth while holding office last June. Also Read – Iraq military admits ‘excessive force’ used in deadly protestsArdern said Gayford had proposed to her atop a hill with a “beautiful” outlook in the coastal township. She said the proposal was so low key that the police officer from the Diplomatic Protection Service (DPS) assigned to her had no idea what was going on. “It was Clarke, myself, a member of the DPS, so very intimate,” she joked. “A couple of locals from Mahia, and a dog which then tried to eat the chocolate that Clarke bought me at the same time. So it was very romantic.” Speaking at a news conference in Wellington, Ardern declined to answer some questions about the proposal or show off her ring. “This is a very public job and I’m quite happy to put quite a bit of ourselves out there,” she said. “But there are some things I wouldn’t mind keeping to ourselves.” Gayford is Neve’s primary caregiver and a presenter on a TV fishing show. The 38-year-old Ardern was widely praised for the compassion and leadership she showed after a gunman killed 51 worshippers at two mosques in Christchurch on March 15. Ardern has since helped introduce new gun restrictions in New Zealand and spoken out about the way the gunman was able to use social media to promote his views. Time magazine last month included Ardern on its list of the 100 most influential people in 2019.last_img read more

Will train counting agents to spot EVM tinkering: Opposition

first_imgNew Delhi: Opposition parties have started a coordinated training programme for their counting agents all over the country to prevent any alleged EVM manipulation by the ruling Bharatiya Janata Party (BJP) during the course of counting of votes on May 23.The last phase of the Lok Sabha election will take place on May 19. For the proposed exercise, 21 opposition parties have already deferred their conclave before the counting of votes on 23rd May. Also Read – India gets first tranche of Swiss account details under automatic exchange frameworkEarlier, Andhra Pradesh Chief Minister Chandrababu Naidu had proposed a conclave for opposition parties before the counting of votes. However, his West Bengal counterpart Mamata Banerjee, Samajwadi Party chief Akhilesh Yadav and BSP Supremo Mayawati requested the Telugu Desam Party chief to defer the meeting for the time being. In view of the unfolding political scenario, Trinamool Congress chief Mamata also called for a strict vigil during the time of counting of votes. “Don’t be complacent with the overwhelming response of the people against NDA,” she stated. Also Read – Trio win Nobel Medicine Prize for work on cells, oxygenThe opposition also feels that this time counting may take longer time than usual as was witnessed during the counting of Madhya Pradesh and Rajasthan Assembly elections. Meanwhile, senior Congress leaders Kapil Sibal and Vivek Tankha have prepared a list of queries for all the counting agents to understand the technicalities of the counting process through EVM and to match with VVPAT wherever possible. The leaders are in touch with all the state leaders who are given sole charge for overseeing the counting process. They have prepared a checklist for verifying the correct process of counting of votes. These checklists are sent to the state headquarters and state leaders will hold a training programme for the counting agents two days before the counting. In the six phases of polling, there were reports of EVM glitches from many states. In some cases, defective EVMs were replaced but not all of them were VVPAT-linked. In some booths in Uttar Pradesh, VVPAT machines were not even seen. Last month, the Supreme Court had increased VVPAT verification to five random Electronic Voting Machines in each Assembly segment/constituency. In case of general elections, VVPAT slips of five EVMs in each Assembly segment of a Parliamentary Constituency would be subject to physical counting. In state assembly elections, the VVPAT verification would extend to five random EVMs in each Assembly constituency. The 21 opposition parties wanted that at least 25 per cent VVPATs should be counted which was rejected by the Supreme Court. The opposition parties are planning to train their counting agents. Whenever irregularities are noticed they should immediately lodge a formal protest with the Returning Officer and inform party managers immediately. Congress party has prepared a special cell with some technologists who will monitor the counting process from the “war room” of the party.last_img read more

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