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By:

Minal Sancheti

2 May 2026 at 12:26:53 pm

BEST strike paralyses Mumbai

Mumbai: For Sai More, an LIC agent, the Friday commute from his home in Century Bazar, Worli to work place in Churchgate, proved as an expensive affair. On a normal day, he spends Rs 12 on a BEST bus fare till Dadar station and then takes the local train to Churchgate. However, he had to shell out more money than his usual spending on the travel. Thanks to the strike by BEST Samyukt Kamgar Kruti Samiti, a joint action committee comprising 12 unions, pressing for its demands of better wages...

BEST strike paralyses Mumbai

Mumbai: For Sai More, an LIC agent, the Friday commute from his home in Century Bazar, Worli to work place in Churchgate, proved as an expensive affair. On a normal day, he spends Rs 12 on a BEST bus fare till Dadar station and then takes the local train to Churchgate. However, he had to shell out more money than his usual spending on the travel. Thanks to the strike by BEST Samyukt Kamgar Kruti Samiti, a joint action committee comprising 12 unions, pressing for its demands of better wages and working conditions. The strike paralysed the city’s second life line – the BEST bus. Only 32 of 2,766 buses were operated in the city in a rare collapse of the transport system. The strike forced the government to hold a meeting with the officials and workers later in the day to discuss their demands. More, the sole bread winner in this family, earns Rs 25,000 a month. When he learned about the BEST strike the first went to Aqua Line metro. He boarded the crowded metro from Worli and got down at Dadar. Then he took a local train to Churchgate and hired a share taxi to his office at Nariman Point. “I travel from Dadar to Nariman Point every day using bus and train. But today we faced difficulty because there were no buses. My colleagues and I went together to our office by cab.” The Samiti has been pressing for three demands. Rangnath Satavase, a representative of the Samiti, said, “We don’t want an independent budget for the BEST. You should include it with the BMC’s budget. The employees are facing issues due to salary arrears since 2016. We demand proper wages from 2016 to 2026 and apply seventh Pay Commission recommendations to the BEST workers. The wet lease workers should be included in the BEST as its workers and they should get minimum wages.” The BEST bus operators face many issues because there are fewer BEST buses that are working every day. This makes their work difficult. They complain that their salary has not increased since a long time. Vaishali Chavan, a bus conductor, said, “My salary is Rs 18,000 and I don’t get holidays. Now since they have reduced the number of buses, it is difficult to manage the huge number of passenger crowds. This makes our job tough. So, we demand higher wages and better work conditions.” The operators also claim that they don’t get any holidays except one weekly off. They have to work even during festivals, and if they don’t, their salary gets deducted. Imran Sheikh, a bus driver, said, “We don’t get equal wages. The salary ranges from Rs 20,000 to Rs 25,000 per month without any holidays. We just get one weekly holiday, but other than that we have to work even on the Labourer’s Day, Gandhi Jayanti, Diwali and Ramzan. If we take leave because of some emergency work, they cut our salaries.” He has been working for two years. “Some of my colleagues have been working for more than five years. Even their salaries have been the same. They promise they will increase, but they never do, and there is no bonus given.” Trushna Vishwasrao, chairperson of the BEST Committee, criticised the workers and said they should not have gone on strike when the BEST is already going through a loss. She said, “We agree with their demands, and we will fulfill it, so there is no need for a strike. It takes time to implement all the demands. We have got a gratuity of Rs five crores that we will be using to compensate the salary, and more funds will be coming, which we will use to fulfill their demands.” She said BEST is running at a deficit in any way. Their strike has also troubled the common public who depend on the BEST buses to travel. Commuters Stranded The strike left commuters stranded during the morning rush hour, with long queues seen at bus stops across the city. They later scrambled for already packed local trains, Metro services, autos, and cabs to reach their workplace. A spokesperson of the civic undertaking said only 48 buses were on Mumbai's roads during the day while some others were forced to return to depots after incidents of stone-pelting and obstruction by striking employees. BEST is Mumbai's second-largest public transport provider after the suburban railway network and carries around 25 lakh passengers daily through its bus services. It also supplies electricity to more than 10 lakh consumers in south and central Mumbai. However, union leaders claimed the strike was 100 per cent successful on the first day. Both transport and power divisions of the BEST took part in the strike. However, power supply to BEST customers in the island city remained unaffected by the agitation. Many passengers were forced to rely on alternative modes of transport, such as suburban trains, Metro services, autorickshaws, taxis, and app-based cabs, while others reported delays in reaching their workplaces and educational institutions. "During weekdays, I travel to work by public transport, but today I took my bike out as there were no buses on the roads," said Sachin Nalawade, who works as a consultant. The strike commenced despite an ad-interim order passed by an industrial court restraining employees from resorting to a strike and the Maharashtra government's invocation of the Maharashtra Essential Services Maintenance Act (MESMA), which prohibits the disruption of essential services. “Shared autorickshaws usually charge Rs 30 from Bharat Nagar to Bandra or Kurla, but today drivers were charging as they pleased. Some were demanding Rs 40 to Rs 50,” an employee of the Securities and Exchange Board of India (SEBI) said. "The issue is not merely that of workers. It is the outcome of the BJP-led Mahayuti government's negligence and wrong policies. It was known to the administration that employees were planning to go on strike. Was the government asleep until lakhs of Mumbaikars were held to ransom? Who will take responsibility for allowing the situation to deteriorate to the point where BEST services came to a halt?" Varsha Gaikwad, President, Mumbai Congress

India waits to lasso diamantaire Mehul Choksi

Mumbai: India rubbed its hands gleefully as the Belgium Police honoured its request to arrest the absconder diamantaire Mehul Chinubhai Choksi – more than seven years after he, along with his nephew Nirav Deepak Modi - allegedly duped the Punjab National Bank of nearly Rs. 13,800-crores.

 

The scam involving the ‘Mehul Mama-Nirav Bhanja’ erupted in Jan 2018, after the PNB lodged a complaint with the Central Bureau of Investigation (CBI).

 

By then the kin, along with many of their family members, winked and slipped out of the country, leaving a rattled India rubbing its palms in disappointment.

 

A political-cum-financial storm raged, embarrassing the Bharatiya Janata Party government of Prime Minister Narendra Modi a year before the Lok Sabha elections.

 

Multiple agencies launched a multi-pronged probe into what became the biggest banking scam in the past quarter century – and almost four times bigger than the stock market-cum-banking fraud the late Big Bull Harshad Mehta had inflicted on the Indian economy 33 years ago (in April 1992) – when it was just opening up.

 

In Belgium

According to official reports, Choksi was living with his Belgium citizen-wife Preeti in Antwerp, a global diamond hub, presumably for the past 18 months on a ‘residency permit’ acquired through questionable means, for medical reasons.

 

Earlier, he shot to the headers (June 2021) while being taken in a wheelchair to a court by the Dominican Republic's Police on charges of sneaking into the small country in the Caribbean Sea, North America.

 

Interestingly, as the Antigua & Barbuda government initiated the process to cancel his citizenship acquired through an investor visa, Choksi had suddenly gone ‘missing’ till he surfaced in the Dominican Republic.

 

The April 2025 action by Belgium followed a request by India’s CBI and the financial frauds specialist Enforcement Directorate (ED) to nab Choksi as the InterPol had revoked his Red Corner Notice in 2023.

 

Mama and Bhanja

‘Mama’ Choksi is the founder-owner of Gitanjali Group while ‘bhanja’ Nirav’s Firestar plus other companies – and the duo, with some PNB officials hand-in-glove – conspired to make a ‘mamu’ of not only PNB, but other banks, as it subsequently tumbled out.

 

After making a quiet exit, Choksi was detected living in the verdant Antigua & Barbuda Isles (West Indies), then attempted entry to the Dominican Republic, was sent back to Antigua & Barbuda and then went to Belgium where he was nabbed on Sunday.

 

Similarly, Modi was found sauntering on the streets of London and nabbed in March 2019. He remains in jail there since India's extradition is still pending.

 

However, India is keeping its fingers crossed that it may finally lay hands on Choksi, bring him to India and face trial in the PNB scam, though it may take time.

 

Born in Mumbai (1959) and educated in Gujarat, Choksi, 66, and wife Preeti have three children.

 

The Rs. 13,800-crore PNB scam

In the modus operandi revealed after India’s second-largest PSU bank PNB admitted it was scammed, Choksi and Modi used fraudulent Letters of Undertaking (LoU) to get overseas credits or loans from Indian banks.

 

The PNB first informed the Reserve Bank of India (RBI) of the fraud and then lodged a criminal complaint with the CBI in Jan. 2018, plus another CBI complaint in Feb, that led to a FIR against Modi and Choksi and their companies.

 

The ED entered the scene to probe the allegations of money-laundering through the LoUs – which they allegedly misused to avail short-term business finances from foreign branches of Indian banks.

 

The probe said that the duo were availing the LoUs from the PNB’s Brady House Branch from March 2011, and over the next six-seven years, managed to get a whopping 1,200-plus LoUs like a breeze with the help of some friendly bankers within.

 

Post-scam, the gold-diamond companies Gitanjali Group and Firestone Group with multiple operations in India and abroad have largely wound up, while some personal assets of the mama-bhanja have been auctioned to recover a part of the dues.

 

ED's plea to declare Choksi fugitive stuck for seven years

Even as absconding diamantaire Mehul Choksi, a key accused in the Punjab National Bank loan fraud case, has been arrested in Belgium, the ED's plea to declare him a fugitive economic offender has been pending before a court in Mumbai for nearly seven years.


Choksi, 65, and his nephew diamantaire Nirav Modi are the prime accused in the Rs 13,000 crore PNB bank loan fraud case. Choksi was arrested in Belgium following an extradition request by Indian probe agencies, official sources said on Monday.


The Enforcement Directorate had filed the application in July 2018, seeking to declare Choksi an FEO and confiscate his assets under provisions of the Fugitive Economic Offenders Act.


However, the matter has witnessed repeated delays owing to a barrage of applications filed by the accused in the PMLA court and the Bombay High Court alleging procedural lapses in the Enforcement Directorate's plea.


"The court is kept busy with frivolous applications, and hearing on our application to declare him (Choksi) an FEO has been adjourned for the past seven years,” an ED officer had said after the hearing was once again deferred this February.


"The court should have continued the hearing and taken a decision on the future course of action once the application was moved," the officer had said.

He had urged the court to take note of the repeated filing of similar applications and to not entertain them.


Choksi's lawyer had informed the court that the accused was undergoing treatment for suspected cancer in Belgium and intended to file an application in connection with his health.


Under the FEO Act, an individual can be declared a Fugitive Economic Offender if a warrant has been issued against him for an offence involving Rs 100 crore or more and he has left India while refusing to return. Once declared an FEO, the person's property can be confiscated by the investigating agency.


Choksi had challenged the ED's application in the Bombay High Court, alleging that the agency "had not followed proper procedure before filing the application and, hence, it stands vitiated".


However, in September 2023, the High Court dismissed his plea, ruling that the ED had adhered to the prescribed format under the FEO Act. It also vacated a stay on the special court's proceedings.


Despite this, the hearing on declaring Choksi FEO could not commence, with Choksi continuing to file applications before the special court through his lawyers.


While most of these pleas have been dismissed, a few remain pending. His latest attempt to stall proceedings through a plea to recall the notice issued on the ED's FEO application was rejected in December 2023.


According to ED officials, Choksi left India under suspicious circumstances in early January 2018.


Shifting stance

Choksi's counsel has argued that the ED kept shifting its stance on the material grounds for declaring him an FEO and that the suspension of his Indian passport made it impossible for him to return for investigation.

The court, however, rejected this argument, stating that the notice was issued based on accurate information and not based on "wrong facts or mistaken assumptions".


ED claimed the accused left the country under suspicious circumstances in the first week of January 2018.


Nirav Modi has already been declared as an FEO by the special court. He has been lodged in jail in London since 2019.

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