DGCA team scans Baramati airport

Rohit Pawar bays for probe, suspension of VRSVPL Mumbai: In a major development, a team of the Directorate General of Civil Aviation (DGCA) reached Pune and carried out a detailed inspection of the Baramati airport where the Learjet crash killed Nationalist Congress Party President and Deputy Chief Minister Ajit Anantrao Pawar on Jan. 28. The visit came barely 12 hours after Nationalist Congress Party (SP) MLA Rohit R. Pawar made sensational disclosures connected to the air-crash, the...

min read

Rohit Pawar bays for probe, suspension of VRSVPL Mumbai: In a major development, a team of the Directorate General of Civil Aviation (DGCA) reached Pune and carried out a detailed inspection of the Baramati airport where the Learjet crash killed Nationalist Congress Party President and Deputy Chief Minister Ajit Anantrao Pawar on Jan. 28. The visit came barely 12 hours after Nationalist Congress Party (SP) MLA Rohit R. Pawar made sensational disclosures connected to the air-crash, the purported safety violations perpetrated by the aircraft owner, VSR Ventures Pvt. Ltd. (VSRVPL), its top brass, records of the plane plus the individuals and other alleged irregularities. Simultaneously, Rohit Pawar visited New Delhi to meet Union Home Minister Amit Shah and others on the same issue and to aggressively put up the demand for a proper and full-fledged investigation into the tragedy. “If I am asked if there is anything shady, I will say that it was not merely an accident. It’s a 100 percent conspiracy. I state this with full responsibility and there is nothing political about it. There was something definitely wrong due to which my uncle lost his life,” reiterated Rohit Pawar forcefully in New Delhi today. Seeking a time-bound investigation by European probe agencies in tandem with the DGCA and the CID, he called for a multi-party team of political leaders to oversee and monitor the probe. “Let it be clear. We are very disturbed. There are many questions to which we need answers fast – within a month,” he urged. Rohit Pawar repeated his explosive allegations that the highly connected VSRVPL top brass could manipulate evidence or suppress crucial documents if the probe gets delayed. Citing the experience of the September 2023 Learjet crash at Mumbai Airport, he said the probe report into that aircraft owned by VSRVPL is still languishing and just last week – after the Baramati crash - the Indian authorities committed that it would be completed soon. “The European Union Aviation Safety Agency (EASA) had sought details of the Sep. 2023 crash from VSRVPL, but the request was spurned. Some media persons informed me that the probe report was ready and was to be sent a couple of weeks ago, but it was apparently scuttled by a senior politician with experience in the aviation department. All this needs to be cross-checked. If that report had been released, it would have brought out many things and remedial measures could have been taken and Ajit Pawar could have been saved,” said Rohit Pawar. The Karjat-Jamkhed law-maker said the company had a troubling history of safety - including issues related to pilots and aircraft maintenance - leading to its suspension by EASA. “Strangely, its operations are still allowed in India. Why was it not suspended here? Political VIPs, business leaders, cricketers and celebrities use its aircraft. They are clearly playing with the lives of top people,” he charged. Rohit Pawar accused VSRVPL of cost-cutting practices and claimed some of its pilots had been found inebriated in the past, and sought scrutiny of internal WhatsApp group chats, including those involving Arrow Aviation Services (AAS) - the handler managing VIP bookings – whose official allegedly provided incorrect weather information. “AAS had told them visibility was normal at Baramati Airport that morning, when it was actually 3,000-metres. This flouts the stringent DGCA norms of no flight operations if visibility is not a minimum 5000-metres,” pointed out Rohit Pawar. He revealed that on Jan. 27 at 7:13 pm, a request was made through Arrow to book the aircraft as Ajit Pawar’s meetings were getting unduly delayed, as he had to urgently sign a file of a senior NCP leader from Vidarbha who was late, and this forced the DyCM to cancel his road travel plans. Rohit Pawar raised serious questions about maintenance lapses as the VSRVPL reportedly has its own in-house MRO. “Who was handling it? Were there qualified aircraft maintenance engineers? What about its hangar details? All this must be fully probed,” he persisted. On the last-minute changes, he asked why the designated pilot Sahil Madan was replaced by Sumit Kapoor, why the flight scheduled to take off at 7 am, departed at 8:10 am, but no convincing reasons have been given so far. He alleged that Kapoor had previously been suspended for three years over alcohol-addiction related issues and was often found consuming liquor during duty hours, as also some others in the company. Cautioning the DGCA against evading responsibility, Rohit Pawar said: “We will not tolerate if the DGCA attempts to run away from a proper probe by making stray statements. It is a good agency, and we expect a thorough technical investigation.” Pawar’s silence Referring to NCP(SP) Supremo Sharad Pawar’s ‘silence’ on possibility of sabotage immediately after the tragedy, Rohit Pawar surmised that it was deliberate, even as other senior leaders across the political spectrum jumped to his support. “However, I am speaking with research-based information. We will not sleep peacefully till all the mysteries are solved, lingering doubts cleared or nagging questions convincingly answered... Ajit Pawar is no more, we only seek the truth,” he added. Shiv Sena (UBT) MP Sanjay Raut said that if a Vidarbha leader’s visit had delayed Ajit Pawar’s Baramati road trip, it must be probed. “Who was that leader? What was so important in that file? Would Maharashtra have stopped if it was not signed?” SS (UBT) Deputy Leader Sushma Andhare said all the points raised by Rohit Pawar are valid and the authorities must take serious note of the issues he wants resolved. Congress Chief Spokesperson Atul Londhe said: “I have learnt that the Black Box on all VSRVPL aircraft are kept switched off. Was it the same even in this case? If nothing is found in the Black Box of this plane, then no surprises." NCP Amalner MLA Anil Bhaidas Patil urged the media and political parties “not to give any political twist” to Rohit Pawar’s demand for a probe as it could unnecessarily mislead the people of Maharashtra.

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!