log on to thegoan.net @thegoaneveryday TUESDAY SEPTEMBER 29, 2020 GOA SP South talks tough on tinted glasses, to go after VIP vehicles SC RESERVES ORDER ON MINED ORE PANAJI: The Supreme Court on Monday heard the petition filed by Chowgule and Co and other erstwhile mining leaseholders who had approached the Court for an extension in time for carry off the already mined ore that was lying around at various locations along the path from the mine to the port. The SC Bench led by Chief Justice S A Bobde, A S Bopanna and V Ramasubramanian reserved the matter for orders after hearing arguments for around half an hour. The miners have sought more time citing the pandemic saying on account of the lockdown they were unable to conclude what they had set out to do. IN SHORT >> Covid deaths: 6 more lose lives PANAJI: Six more people lost their lives to Covid-19 in Goa taking the total number of lives lost to Covid-19 in the State to 407. Of these, three deaths occurred at GMC, one at ESI Covid Hospital in Margao, one at Primary Health Centre, Sanguem and one at a private hospital in South Goa.  >> See pg 2 Covid vaccine by early 2021: govt NEW DELHI: As the world races to develop a potential vaccine against coronavirus, the ministry of health and family welfare on Monday said that the first vaccine in India will most likely be available by early 2021. Railway travel may become costlier NEW DELHI: In what could make travelling by trains more expensive, the Modi cabinet is expected to give its go ahead for the User Development Fees. Sources disclosed that the Cabinet in its meeting next month may give its approval for the fees that will be levied on passengers. G20 summit to take place virtually NEW DELHI: For the first time, the G20 summit will take place virtually amidst the Covid pandemic on November 21 and 22 and will be chaired by Saudi King. Prime Minister Narendra Modi will also take part in the virtual summit. WEATHER >> Max: 29.4 C Min: 23.5 C Humidity: 95% Rain Fall: 165.42 In TIDES Low: 03.05 15.53 High: 09.50 21.48 2 Facebook.com/thegoaneveryday The Goan (Playstore) 8 pages PRICE ` 6 VOLUME VI, NO. 103 5 GOA Uncertainty over several projects held up in Porvorim RNI: GOAENG/2015/65729 NEWS Sonia asks Congress-ruled States to override farm laws 7 SPORTS Want series against England in India, but by monitoring Covid: Ganguly 8 Audit pegs Madgaum Urban Melauli locals unmoved by CM’s promises on IIT Co-op Bank loss @ `63 cr NO TAKERS FOR COMPENSATION PROPOSAL REPORT SAYS RBI CURBS HAMPERED EARNING CAPACITY THE GOAN I NETWORK MARGAO The Madgaum Urban Cooperative Bank is back in the news. This time an audit of the financial statements of the Urban Cooperative bank as on March 31, 2020 has revealed that the bank’s accumulated losses touched around Rs 63.47 crore. That’s not all, the audit report has observed that the bank has not been able to make profit due to restrictions on the smooth functioning of its business activities. The report has pegged the total accumulated losses to Rs 63.47 crore as on March 31, 2020. The report further observed that since the bank is placed under supervision restrictions by RBI under section 36(1) of Banking Regulation Act, 1949 with effect from November 2009, it has hampered the earnings capacity of the bank “There has been erosion of the net worth due to huge accumulated losses”, the report added. MUCB Managing Director Kishore Amonkar told The Goan that the audit report has to be conducted every AUDIT REPORT: IN BLACK & WHITE The premises of the Madgaum Urban Cooperative Bank.   (File photo) year before the meeting of the general body of the shareholders. “This statement of accounts will be placed before the general body of shareholders as and when it is held”, he said. The MUCB has already come under the scanner of the Reserve Bank of India, with the Apex bank imposing restrictions on the bank on withdrawals of deposits by the depositors. Though the RBI’s restrictions were sched- ule to end in August, the RBI has given further lease of life for the Bank till December. Since last year, the MUCB was barred by the RBI from allowing depositors to withdraw beyond the prescribed limit. Earlier, the RBI had restricted the Bank from sanctioning loans after its capital to risk asset ratio portfolio fell drastically during the financial year ending March 31, 2015. >Continued on P6 Autopsy: Cuncolim girl was forcefully drowned POLICE NOW REGISTER CASE AS MURDER THE GOAN I NETWORK MARGAO In a development that confirmed that the 18-year old girl from Paddi was murdered in the shallow waters on Sunday, the post mortem examination report has concluded that the girl’s death is homicidal in nature due to “forced drowning”. In this respect, the Cuncolim Police will register a case of murder in the death of 18-year old Anisha Velip, who was found dead in a rivulet near her house at Paddi on Sunday. The death was shrouded in mystery since 22year old boy, Sarvesh Gaonkar, who was seen around the spot where Anisha was found dead, was found hanging dead on a tree near his house at Carvrem village. Addressing the media, South Goa district Police Chief, SP Pankaj Kumar Singh said the findings of the post mortem examination reports The police is probing all angles... we are examining relatives of the deceased and their friends. Once we examine the witnesses, we will be able to conclude the exact motive behind the incident — SP Pankaj Kumar Singh indicated that the girl’s death was homicidal in nature. He said the Cuncolim police will register a case of murder and start investigations. To a question, SP Pankaj said “prima facie, the boy, who later allegedly committed suicide, is a suspect in the case”. “Given the nature of injuries on the neck as per the post mortem findings, this is called as forceful drowning in a shallow water”, he added. To another question whether the boy’s death is due to suicide by hanging, SP Pankaj said facts and circumstances show that the boy was seen at the spot where the girl was found dead. “The girl’s mother and other witnesses, who knew the boy, had seen him near the place where the girl was found dead. The boy ran away from the spot and when the police went >Continued on P6 4 of 8 lanes on new Zuari bridge may be thrown open to traffic before next rains THE GOAN I NETWORK PANAJI inister for Public Works Department Deepak Pauskar on Monday disclosed that four out of the eight lanes of the new Zuari Bridge are likely to be thrown open to the public before the monsoons next year. He also declared that the roads across Goa will be repaired by May 2021. Speaking to media persons in Panaji, Pauskar stated, “All road networks across the State will be repaired by May 2021, a month within the completion of the work on the new Zuari Bridge. The eight-lane Zuari bridge and its approaches, Instagram.com/thegoaneveryday Zuari bridge closed on Oct 4 from 6 to 9 am M Work in progress on the 8-lane Zuari bridge.  Narayan Pissurlenkar four lanes will be commissioned by April 2021 and the remaining four lanes will be completed soon thereafter. Presently, 65 to 70 per cent of the work has been completed.” Vouching for the quality of the repair works, Pauskar guaranteed that the new roads PANAJI: The Zuari Bridge will be closed on Oct 4 from 6 to 9 am for traffic owing to recording deck levels of the bridge. Traffic will be diverted via Borim bridge and ferry boats from across river Zuari from Cortalim to Agassaim and vice versa. will survive for a decade upon completion. “I have seen Goa’s state >Continued on P6 „„Bank’s accumulated losses as on March 31, 2020 have touched around Rs 63.47 crore „„Profit hit due to restrictions on smooth functioning of the bank „„Huge erosion of the net worth due to huge accumulated losses MD SPEAK: This statement of accounts will be placed before the general body of shareholders as and when it is held UNDER RBI SCANNER „„The apex bank has imposed restrictions on withdrawals „„Though curbs were to end in August, RBI gave it a further lease of life till Dec „„MUCB was barred from allowing depositors to withdraw beyond prescribed limit THE GOAN I NETWORK PANAJI Villagers pledged to continue their protest against setting up of the Indian Institute of Technology (IIT) at Melauli, Sattari even as they had talks with Chief Minister Pramod Sawant in the capital city on Monday but left disappointed. Sawant during the meeting told the protesters that the government will examine paying compensation to them in every possible way that fits rules including for loss of land as well as loss of livelihoods like cash crop farming. The meeting with representatives of the protesting villagers was hosted by Sawant at the new headquarter of the State Forest Department at Altinho on Monday. Sawant told the media that providing alternate land to those who establish with documents they have lost land to the IIT project will be considered and given. “The government is ready to consider all forms of compensation for the villagers. But the IIT is a project of national pride, it has to come through,” Sawant said emerging out of the meeting with the >Continued on P6 A policeman checks the names of Melauli villagers before their meeting with Chief Minister Pramod Sawant on Monday. (More photos on pg 2) Narayan Pissurlenkar READY TO HELP IN EVERY WAY, PROJECT HAS TO COME UP: CM „„Govt will examine paying compensation for loss of land as well as loss of livelihoods like cash crop farming „„Providing alternate land to those with proper documents will be considered and given „„IIT is a project of national pride, it has to come through „„Already 10 acres have been excluded from the 10-odd lakh square meters allotted to IIT „„Protesters must set up a 4-member committee to communicate and to resolve their demands and grievances