Plea in HC for fresh polls, new body

Dr. Rumi F. Beramji Mumbai : A senior medical practitioner has knocked on the doors of the Bombay High Court, alleging serious irregularities in the functioning of the Maharashtra Council of Acupuncture (MCA) and challenging the continuation of its current Administrator. In a petition filed through Advocate Sharad V. Natu, Dr. Laxman Bhimrao Sawant has termed the appointment and prolonged tenure of former MCA Chairman as “illegal and arbitrary,” and detrimental to the cause of Acupuncture....

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Dr. Rumi F. Beramji Mumbai : A senior medical practitioner has knocked on the doors of the Bombay High Court, alleging serious irregularities in the functioning of the Maharashtra Council of Acupuncture (MCA) and challenging the continuation of its current Administrator. In a petition filed through Advocate Sharad V. Natu, Dr. Laxman Bhimrao Sawant has termed the appointment and prolonged tenure of former MCA Chairman as “illegal and arbitrary,” and detrimental to the cause of Acupuncture. Dr. Beramji, who headed the five-member statutory body 's inaugural term (from May 2018 to May 2023), was subsequently appointed as its Administrator after the council’s term expired. According to Dr. Sawant’s plea, the Administrator’s appointment was initially meant to be a stop-gap arrangement for one year, and it was ‘extended’ later. However, nearly three years later, the position continues without fresh elections being conducted, raising questions over adherence to statutory norms and principles of governance. Dr. Sawant has further contended that while Dr. Beramji was installed as Administrator, the remaining members of the council were effectively superseded, leaving the regulatory body without its mandated collective structure, and over 6500-members directionless. The petition claims that the delay in conducting elections was justified on the grounds of an incomplete voter list, but this reason was flimsy considering the extended time lapse. The petition, likely to come up for hearing on Tuesday (April 21), also levelled serious allegations regarding the manner in which the MCA has been run under the Administrator. It claims decisions have been taken unilaterally, whimsically and without transparency or institutional accountability. Besides, Dr. Sawant has made allegations of selective targeting of certain members who have attempted to raise valid issues, including the globally-renowned noted acupuncture expert Dr. P. B. Lohiya of Chhatrapati Sambhajinagar. Adding to the controversy, a former MCA office-bearer has claimed that over the past three years, approvals were granted to more than a dozen acupuncture colleges in undue haste, purportedly in violation of prescribed norms and alleged shady deals. These institutions, it is claimed, either exist only on paper or lack essential infrastructure, faculty, and facilities. In addition, around two dozen Continuous Acupuncture Education (CAE) centres were also cleared during this period. In his multiple prayers to the high court, Dr. Sawant has sought quashing Dr. Beramji’s appointment as MCA Administrator and setting aside all policy decisions taken during his tenure in that capacity in the last three years. The petition also urged the court to direct the state government to conduct elections to elect and reconstitute a new five-member MCA within two months. Pending this, the plea seeks an order restraining the Administrator from continuing in office or interfering in the functioning of the MCA or the CAEs in the interest of free and fair elections or the cause of Acupuncture. Sources within the MCA have described the situation as “deeply concerning,” alleging that individuals of international standing, such as Dr. Lohiya - who has treated prominent personalities like Sachin Tendulkar, the late Manoj Kumar, state and central ministers and other public figures - are being unfairly hounded. The petition has called for a comprehensive review of all decisions taken during the Administrator’s tenure, a financial audit of the MCA’s financial affairs, and an independent probe by the Medical Education & Drugs Department (MEDD) into the approvals granted to the institutions in recent years. Despite repeated attempts by ‘ The Perfect Voice’ , top MCA officials like the Administrator or the Registrar Narayan Nawale, were not available for their comments.

Why Women Are Better Investors Than Men

Kaustubh Kale
Mar 9, 2025
2 min read

Updated: Mar 10, 2025

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.

Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.

A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.

Why Women Make Better Investors

Several traits make women stand out as investors:

Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.

Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.

Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks.

Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.

Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.

Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!