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By:

Rajendra Pandharpure

15 April 2025 at 2:25:54 pm

Policing a Restless City

The Pune police’s crackdown on nightlife and assemblies exposes the uneasy nexus between crime, politics and public security AI generated image Pune: Pune likes to think of itself as Maharashtra’s cultured capital, a city of students, software engineers and retirees. But in the past decade or so, that reputation has taken a beating with the city increasingly turning into a netherworld where criminal gangs operate with growing audacity and where citizens are no longer certain that the state...

Policing a Restless City

The Pune police’s crackdown on nightlife and assemblies exposes the uneasy nexus between crime, politics and public security AI generated image Pune: Pune likes to think of itself as Maharashtra’s cultured capital, a city of students, software engineers and retirees. But in the past decade or so, that reputation has taken a beating with the city increasingly turning into a netherworld where criminal gangs operate with growing audacity and where citizens are no longer certain that the state can guarantee their safety. Faced with mounting public anxiety over deteriorating law and order, the Pune Police have recently imposed two stringent restrictions. Night-time checkpoints now dot the city's roads after 10 p.m. while food stalls, carts and riverside eateries are being ordered to shut early. Simultaneously, authorities have enforced a 14-day prohibition on public assemblies, effective from May 26. The measures have triggered an intense political debate. Crime Wave The immediate backdrop is an unmistakable rise in criminal activity. Across several neighbourhoods, local strongmen known as ‘Bhais’ and ‘Dadas’ continue to wield influence. Their reach extends beyond mere street-level intimidation. Many residents believe these figures enjoy varying degrees of patronage from political parties, creating a perception that law enforcement is either reluctant or unable to act decisively against them. Such perceptions erode public confidence in the police and strengthen the atmosphere of fear. Particularly troubling has been the escalation of gang rivalries. Violent confrontations involving koytas have become alarmingly common. What was once an occasional occurrence has evolved into a recurring feature of the city’s urban life. Attacks now take place in crowded public spaces and during daylight hours, signalling a brazen disregard for authority. The phenomenon has spread to Kothrud, regarded as one of Pune’s quieter and more settled suburbs. The area has found itself drawn into the orbit of gang violence, most notably through the turbulent history of the Andekar gang. The murder of Vanraj Andekar, a former corporator associated with the Nationalist Congress Party, marked a dramatic turning point. Investigators subsequently found that members of his own extended family were allegedly involved in the crime. Retaliatory killings followed as violence spilled onto major roads and public gatherings, while one accused gangster reportedly fled abroad. The rise of the so-called ‘Koyta Gang’ has become emblematic of this trend. To outsiders, the preference for machetes over firearms may appear puzzling. Yet law-enforcement officials argue that such weapons are often used to ensure a killing is completed. Their symbolism is equally important: the koyta serves not merely as a weapon but as an instrument of intimidation, projecting fear in neighbourhoods where gangs seek to establish dominance. Public Nuisance At the same time, the city’s authorities are grappling with a different, though related, challenge. Pune’s burgeoning night-time food culture has transformed several streets and riverside stretches into lively social spaces. But these gathering spots have also generated complaints about drunkenness, disorderly conduct and public nuisance. Residents have increasingly demanded intervention. The police response therefore reflects not only concerns about crime but also an attempt to restore civic order. Whether these measures prove effective remains uncertain. Restricting late-night activity may reduce opportunities for disorder, but it also affects legitimate businesses and social life.

Lateral upgrade to ailing annihilation

Updated: Oct 21, 2024

Lateral upgrade to ailing annihilation

Being the first person from the private sector to be appointed as chairperson of Securities and Exchange Board of India (SEBI) as part of the government’s lateral initiative, Madhabi Puri Buch also holds the honour of being the first woman to hold the top post as capital market regulator.

But the laurels that the former private sector banker enjoyed in her earlier stint with ICICI Bank, was marred with allegations that she and her husband were having a stake in offshore entities, which were used to artificially inflate shares of Adani group companies.

Terming the allegation as `character assassination, Buch clarified that all disclosures have already been furnished and the fund in question did not invest in any securities involving the Adani group.

When it rains, it pours. This allegation was subsequently followed by Congress Party allegation that Buch had received salary and post-retirement benefits from ICICI Bank after she quit the private sector bank.

In its clarification to the stock exchanges, ICICI Bank asserted that the payments made to Buch were purely retirement benefits after her exit from the bank and they were neither salary nor employee stock options.

Prior to these allegations, Buch tenure at SEBI was all about bringing in quick reforms on operational issues by changing the format of consultation paper to bring in larger responses digitally. Being data savvy, the rationale of her decisions were democratic based on big data analysis derived from the responses received to the consultation papers.

Further she bifurcated the duties of the SEBI staff between operations and enforcement, which were done by the same persons earlier. Having worked for the private sector in the capital market domain space, Buch had a better understanding of the subject compared to officers from the administrative service in the past that reflected even in her orders as a whole-time director at SEBI before becoming the chairperson. As a whole time director at SEBI, her orders on adjudication issues were more directional to the capital market space, according to experts in the compliance space. She was also quick to revamp the old provisions of the 90s at SEBI.

Being tech and data savvy, Buch enhanced regulatory surveillance and detection of market manipulation, insider trading and fraud while also emphasizing on strengthening corporate governance by introducing stricter rules for independent directors and enhancing disclosures for related-party transactions.

To put in perspective, the annual report of the capital market regulator in the just concluded financial year revealed that the number of investigations related to insider trading jumped to 175 in 2023-24 from 85 in the preceding year while probes related to front running jumped over three times to 83 from 24 in the preceding year.

Transparency in mutual funds by implementing measures to protect retail investors along with tightening norms for initial public offers, particularly in the SME platforms were some of her other positive initiatives including confirmation of denial of any market rumours within 24 hours for the top 100 listed companies which will be extended to top 250 companies from December 1. However increased transparency and compliance with tightening regulations led to increased operational costs for the market participants and hence faced resistance from certain quarters. Born in 1966, Buch completed her primary education in Mumbai and graduated with specialization in Mathematics from Delhi and later obtained a management degree from Indian Institute of Management, Ahmedabad. In between, she got engaged to Dhawal Buch, a director at a consumer goods multinational at the age of eighteen and got married at the age of 21.

Besides ICICI Bank, Buch also worked as a lecturer at a college in England, worked at Greater Pacific Capital in Singapore and ICICI Securities as its CEO. She also worked as executive director on several private sector companies and as a consultant for New Development Bank (Brics Bank).

What now remains to be seen, is whether Buch, who survived the 26/11 terror attack when she along with her husband, was attending a meeting at Taj, be able to overcome the current ordeal. Keeping fingers crossed for the times to come.

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