DJB Regains Financial Powers To Independently Execute Major Projects
Delhi Jal Board
will now be able to independently execute capital-intensive projects without depending on the Delhi cabinet to approve them, chief minister Rekha Gupta said on Saturday.
Gupta said the govt has restored the financial powers of DJB, which were taken away by the previous govt in the 2021-22 financial year. This will help in expediting high-cost projects such as the rejuvenation of the Yamuna, sewage treatment, and improvement of regular drinking water supply. She added that the financial powers of DJB's chairperson, chief executive officer, and other senior officials have also been significantly increased.
Gupta emphasised that the enhancement in the board's powers was aimed at making governance more efficient, responsive, and effective.
You Can Also Check:
Delhi AQI
|
Weather in Delhi
|
Bank Holidays in Delhi
|
Public Holidays in Delhi
"Board, by its very definition, must be empowered and autonomous in order to function effectively. The previous govt stripped the DJB of all its financial powers, which brought critical works—like Yamuna cleaning, modern drainage systems, and water supply projects—to a standstill.
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Use an AI Writing Tool That Actually Understands Your Voice
Grammarly
Install Now
Undo
by Taboola
by Taboola
As a result, the Yamuna remained polluted and people suffered from irregular water supply," the chief minister said, adding that the powers of the board have now been restored.
The board will now be authorised to sanction all projects over Rs 50 crore independently. While the DJB chairperson (water minister) can approve projects worth Rs 25-50 crore, the CEO has the power to clear projects costing between Rs 5 crore and Rs 25 crore, and the members can give their sanction to projects worth up to Rs 5 crore.
Officials said the senior officers will also have enhanced financial powers now. "This will lead to better decision-making at every level of the board and reduce unnecessary delays in execution," said an official.
The CM said Yamuna cleaning plans remained only on paper for a long time due to the cumbersome and lengthy approval processes, but the bottleneck has now been removed. "Our govt is committed to delivering result-oriented governance, not entangling people in paperwork," the CM said. She added that the functioning of the DJB has now been made more transparent and accountable, which will reduce the chances of corruption and ensure responsibility at every level.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
24 minutes ago
- Time of India
Jane Street case: Shankar Sharma raises concerns over exchanges' oversight
Veteran investor Shankar Sharma has raised sharp questions about the role of Indian stock exchanges in the recent Jane Street controversy, suggesting that profit motives may have prevented timely action against the global trading firm. In a post on X (formerly Twitter), Sharma questioned why the exchanges did not act sooner against Jane Street, even though they are among the first to receive trading alerts. 'How come the stock exchanges never sanctioned Jane Street? They are the very first to get such alerts,' Sharma wrote. 'How can they sanction JS when it drives F&O volume massively, hence SE profits?' 'Exchanges are not meant to chase profits' Sharma, who has often criticised the structure of listed exchanges, renewed his call for a rethink of their role. According to him, exchanges function as quasi-regulators and should operate like public utilities — not profit-driven corporations. 'I have long held that exchanges should NEVER get listed. They are a regulator. Profit motive creates endless conflict of interest,' he wrote. 'SEs should be a utility, not for-profits. Simple as that. Nahi to, suffer all this hanky-panky.' Live Events Sebi vs Jane Street On Friday, the Securities and Exchange Board of India (Sebi) passed an interim order accusing Jane Street, a U.S.-based proprietary trading firm, of using high-frequency trading strategies to manipulate index levels such as the Nifty 50 and Bank Nifty. Sebi alleged that Jane Street pushed up index values in the morning by buying stocks and futures, only to reverse those trades later in the day, thereby influencing expiry-day pricing of options in its favour. The regulator said this allowed the firm to generate profits of over Rs 43,000 crore in index options, while deliberately incurring losses in the futures and equities segments. Sebi has frozen Rs 4,843 crore in what it described as 'unlawful gains' and barred Jane Street and its entities from accessing the Indian securities market until further notice. Stock exchanges under scrutin In its order, Sebi mentioned that stock exchanges had issued caution letters to Jane Street in the past. However, it remains unclear what further steps, if any, the exchanges took before Sebi stepped in with enforcement action. Sharma's remarks have drawn attention to this issue, especially since one of the two major exchanges—BSE—is a listed entity, while National Stock Exchange (NSE) remains unlisted but operates as a for-profit organisation. The matter has sparked a broader debate about the role of exchanges in maintaining market integrity, particularly when sophisticated trading strategies and high-volume players are involved.
India Today
26 minutes ago
- India Today
Chartered Accountant Foundation Exam 2025 sees 12,747 candidates qualify nationwide
ICAI CA Result 2025 has been declared for the Foundation May session. The Institute of Chartered Accountants of India (ICAI) released the results today, July 6, on its official websites -- and total of 82,662 candidates appeared for the Foundation exams, conducted at 551 centres across the country. Of these, 12,474 candidates passed, bringing the overall pass percentage to 15.09%.advertisementOf the 66,943 students who attempted Group I, 14,979 made it through -- a pass rate of 22.38%. Group II saw a slightly better outcome, with 12,204 out of 46,173 clearing the paper, pushing the pass percentage to 26.43%. However, those attempting both groups saw a tougher climb -- 5,490 out of 29,286 candidates passed, reflecting an 18.75% pass rate. In total, 14,247 candidates have now formally entered the season's top three all-India rank holders are Rajan Kabra (AIR 1), Nishitha Bothra (AIR 2), and Manav Rakesh Shah (AIR 3). GENDER-WISE PERFORMANCEAmong male candidates, 43,389 appeared and 7,056 passed, recording a pass rate of 16.26%.For female candidates, 39,273 took the exam and 5,418 cleared it, resulting in a pass percentage of 13.80%.ICAI CA RESULT 2025: EXAM DETAILSThe CA Foundation exams were conducted on May 15, 17, 19 and 21. The subjects included:Paper 1: AccountingPaper 2: Business LawsPaper 3: Quantitative Aptitude (covering Business Mathematics, Logical Reasoning, and Statistics)Paper 4: Business EconomicsTo qualify, candidates are required to secure at least 40 marks in each paper and an overall aggregate of 50%, in one sitting. Paper 3 and Paper 4 included objective-type questions with a negative marking of 0.25 for each incorrect who scored 70% or above will be marked as having passed 'with distinction.' These remarks will be printed on the result AND COPIES OF ANSWER SHEETSCandidates unsatisfied with their results can apply for verification. The verification fee is Rs 100 per paper. For those seeking certified copies of their answer sheets, applications can be submitted online through fee is Rs 500 per paper. Certified copies of Papers 1 and 2, and the OMR sheets of Papers 3 and 4, will be sent to the candidate's registered email is no provision for reappearing in the Foundation exam once a candidate has cleared ICAI will also send hard copies of mark statements by post. If not received within 4-5 weeks, candidates may write to dms_examhelpline@ CA Foundation results mark the beginning of the next phase for many aspiring chartered accountants. Further details on result-related services and procedures are available on the official ICAI websites.- Ends
Time of India
30 minutes ago
- Time of India
Switching industries? 7 ways to build credibility in a field you didn't study
Switching industries? 7 ways to build credibility in a field you didn't study It's a scenario that's increasingly common today: a literature graduate pursuing a career in UX design, an engineer moving into marketing, or a psychology major transitioning to data science. As industries evolve and interdisciplinary skills grow in demand, more and more people are entering fields unrelated to their undergraduate training. But even when the shift is possible, the question remains: how do you earn trust and legitimacy in a field you weren't formally trained for? Employers may be more open-minded today, but they still look for proof of fit. Whether you're aiming for a full career switch, planning to study further in a new field, or just trying to land that first job in an unfamiliar industry, building credibility is key. Fortunately, it's not about going back to school, it's about being intentional. Here are seven practical and proven ways to build credibility in a field that your original degree didn't prepare you for. 1. Learn the language of the industry Every profession has its own vocabulary—technical terms, key frameworks, jargon, even acronyms. Understanding and using this language correctly helps you sound informed and confident, especially in interviews, meetings, or online discussions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Start by immersing yourself in the industry: follow thought leaders on LinkedIn or X (formerly Twitter), listen to top podcasts in the field, read trade journals, and sign up for relevant newsletters. Engage with niche YouTube channels or blogs focused on real-world trends in that industry. Over time, you'll start to think and communicate like a professional in the space—something no certificate alone can teach. 2. Take focused courses that show intent You don't need another bachelor's degree to make the switch. What you do need is evidence that you're willing to learn. Short-term certifications or bootcamps signal that commitment clearly. Look for structured, outcome-oriented programs in your target field—such as Google's UX Design Certificate, Harvard's online Public Policy courses, or beginner-to-advanced Python classes on Coursera. Pick courses that are well-recognized, teach real-world applications, and (ideally) offer a capstone project or certificate of completion. These not only boost your skills but help bridge the academic gap on your resume. 3. Build a project that proves your ability Theory helps, but proof builds trust. Creating or contributing to a real-world project shows initiative and gives you tangible outcomes to share with employers. If you're switching to digital marketing, run a campaign for a local business or NGO. If you're moving into product design, build a UX case study based on an app redesign. If you're eyeing public policy, write a short whitepaper or policy brief on a topic you care about. Projects show that you're not just interested in the field—you're capable of doing the work. Plus, they double as portfolio material. 4. Frame your transferable skills with clarity Soft skills like critical thinking, communication, research, collaboration, and problem-solving are highly valued across fields—but only if you frame them in context. If you're coming from a humanities background and want to enter data analytics, talk about your experience with research design and pattern recognition. If you worked in events but are shifting to HR, highlight your stakeholder coordination and process management skills. Use real examples from academic, volunteer, or work experiences to demonstrate how your existing abilities apply in the new domain. A well-structured resume and LinkedIn profile can help reinforce this cross-domain narrative. 5. Connect with people in the industry Career changes are smoother when you're not doing it alone. Seek out people who work in your target field and learn from their journeys. Reach out on LinkedIn, join virtual panels, attend meetups, or follow community Slack groups. Ask questions, request short informational interviews, and be genuinely curious. Networking not only helps you gain insight into industry expectations but also builds your visibility. When people see you show up repeatedly and ask thoughtful questions, they begin to associate your name with the field—even before you land a formal role. Over time, these connections can lead to mentorship, referrals, or even job leads. 6. Craft a strong narrative for your pivot You don't need to hide your academic background—in fact, you should use it. Build a compelling story that explains why you're shifting, what you bring from your previous field, and how that perspective can add value to your new one. For instance, 'I studied biology, but working in community engagement during the pandemic sparked my interest in public health strategy. I've since completed a certification in health policy and written two research pieces on health communication.' This kind of story works well in SOPs, cover letters, and interviews because it shows that your switch is thoughtful—not random. 7. Share your learning journey publicly One of the most underrated ways to build credibility today is by showing your learning in real time. Start a blog, a LinkedIn series, or even a Twitter thread documenting your projects, takeaways from courses, or industry insights. You don't need to be an expert—just be consistent and authentic. This habit not only forces you to reflect and consolidate your learning, but also helps recruiters and professionals in your target field discover you. Over time, you'll position yourself as someone serious, self-driven, and genuinely interested in the field. That's credibility, earned in public. Switching industries is no longer the exception: it's the new normal. The challenge isn't whether you're allowed to change direction, but how well you communicate your intent, your preparation, and your potential. With a mix of strategic learning, real-world experience, and intentional storytelling, you can confidently enter a field you didn't originally study and thrive in it. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
