Category: Governance

Indian economy is moving in the right direction: Arun Jaitley

newsroom24x7 Desk New Delhi, Feb. 9: Union Finance Minister Arun Jaitley today said that overall economic situation in the country is looking better and basic parameters of Indian economy are moving in the right direction. The Finance Minster was making the Opening Remarks at the first meeting of the Parliamentary Consultative Committee attached to his Ministry

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Black money stashed abroad, first list of 627 and now more names

Lalit Shastri The Indian Express today has published a list of names and amount deposited in their accounts in HSBC bank in Switzerland with the heading “The List: Who’s Who & How Much.” In October 2013, the central government had disclosed to Supreme Court names of three people, including a prominent industrialist, who were holding bank

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Indian Railways: Move is on to give policing powers to RPF against letter and spirit of Constitution

Lalit Shastri The Railway Board and a number of authorities at the Government of India level are determined to undermine the country’s federal structure and also the letter and spirit of the Constitution of India as there is a concerted move in recent years to supplant the Government Railway Police (GRP) with Railway Protection Force

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CBI arrests one wanted in a “false export documents” case

Newsroom24x7 Desk New Delhi, Feb. 4: The Central Bureau of Investigation has arrested a proclaimed offender in a “false export documents” case which allegedly resulted in a loss of approximately Rs. 4 crore to Government. CBI had registered a case on the allegation that 18 Duty Entitlement Pass Book (DEPB) scrips were obtained by some

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Selection of Chairperson and Members in Lokpal held up

Newsroom24x7 Desk New Delhi, Feb 3: After the applications have already been received, the selection of Chairperson and Members in Lokpal is held up as the process, which would include the constitution of the Search Committee by the Selection Committee and other steps, can can continue only after the Lokpal and Lokayuktas and other related law (Amendment)

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Senior IAS officer’s husband arrested in recruitment scam case

Newsroom24x7 Desk Bhopal, Jan. 20: The Special task Force of Madhya Pradesh Police investigating and handling the huge MP Porefessional Examination Board (PEB) scam today arrested Amit Pandey, husband of a senior IAS officer borne on Madhya Pradesh cadre, after he was interrogated for over two hours at the STF headquarters in the State capital. One

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Supreme Court comes down heavily on UGC for delaying physical inspection of deemed universities

Newsroom24x7 Desk New Delhi, Jan. 13: From the ongoing hearing in a writ petition in Supreme Court relating to the deemed universities created by the Central government, it has come to light that the University Grants Commission continues to delay inspections and had adopted the “innovative modus operandi” of inspecting the concerned institutions through photographs and video

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Finance Ministry grappling with fiscal deficit too early in the day

Newsroom24x7 Desk New Delhi, Jan. 9: The estimated primary deficit of Government of India as per budget estimates for 2014-15 was Rs. 104166 crore. Against this the actual primary deficit upto November 2014 has been Rs. 292484, which is 280.8 per cent more than the actual budget estimate. In terms of fiscal deficit, 98.9 per cent of

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India external debt witnesses rise due to higher commercial borrowings and NRI deposits

Newsroom24x7 Desk New Delhi, Jan. 9: Four months after the formation of the Modi Government at the Centre, India’s total external debt stock (at end-September 2014) was placed at US$ 455.9 billion, recording an increase of US$ 13.7 billion over its level at end-March 2014. According to data released for the quarter ending September 30,

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A case for Modinomics and reforms, forthcoming budget and lowering of taxes

Weekly Column: Thinking Beyond By Anoop Swarup In an earlier column I had presented a case for ‘achey din’ for the Prime Minister in view of the anticipated bonanza to the developing world, particularly India as a spin off to the global crude oil windfall. Now with the Budget Session due next month, the Direct

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Income Tax work suffers as promotions are held up at ACIT level

Newroom24x7 Correspondent New Delhi, Jan. 7: The Income Tax department’s backlog for 2008, 2009 (leftover cases) and 2010 promotions has been addressed to some extent and many officers have been promoted as Deputy Commissioner of Income Tax (DCIT) in the senior time scale with effect from January 1, 2015 but still there is widespread resentment and

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Transparency in Public Purchase

Lalit Shastri  Mostly the system remains shrouded and the government working remains under wraps as long as there is no disgruntled element, someone who has been rubbed the wrong way by his superiors or co-workers, who ends up spilling the beans. Even when that happens, the entire government machinery becomes a cohesive unit and officers

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Two isms of politics eating into the vitals of economic growth in India

Lalit Shastri One is seeing with a deep sense of concern that the two isms-neopatrimonialism and clientelism-are being followed so deceitfully by those who swear by and use democracy to usurp power and do everything to remain riveted to the seats of power in India. Neopatrimonialism is cancerous because the corruption it breeds at all

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