-The Times of India • What does the Finance Commission do? In India’s federal structure, taxation powers and obligations for various services — like law and order, health, education — are unequally shared between the Centre and the states. Hence, the Constitution Mandates the setting up of a Finance Commission (FC) every five years to recommend how revenues from central taxes should be shared between the Centre and the states. A fair...
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HC stalls rural poll process, seeks data
-The Telegraph Calcutta: Calcutta High Court on Thursday stalled the panchayat election process and asked the state election commission to explain by Monday what it had done about the complaints of prospective Opposition candidates being prevented from filing nomination. "Till the court passes any further order on this issue, the state election commission is directed to stall the election process," Justice Subrata Talukdar said in an interim order on a BJP petition. This...
More »Govt hints at SC/ST ruling review plea
-The Telegraph New Delhi: The Centre has said it is examining the "desirability of filing a review petition" against last week's Supreme Court order diluting the SC-ST Act, ending days of dithering amid mounting pressure from allies and Dalit BJP parliamentarians. "I have instructed my ministry to examine the desirability of filing a review in this case. Appropriate actions are being taken," Union law minister Ravi Shankar Prasad said at a news...
More »Maharashtra Farmers Call Off Protest As State Agrees To Demands: 10 Points -Nidhi Sethi
-NDTV The Azad Maidan in Mumbai turned into a "sea of red" as thousands of farmers, carrying red flags, converged here after walking 180 kms from Nashik Mumbai: The Devendra Fadnavis government of Maharashtra has agreed to the demands of thousands of protesting farmers who have been pouring into Mumbai for the last two days. The government has given its acceptance in writing, said state minister Chandrakant Patil, after a delegation...
More »Public sector banks lost Rs 2,450 crore to frauds involving staff: RBI data -Chethan Kumar
-The Times of India BENGALURU: Among other things that emerged in the aftermath of the massive Punjab National Bank (PNB) scam is the active role of employees of the Public Sector Banks (PSBs) in multiple frauds over the years. TOI has accessed Reserve Bank of India data that reveals the number of cases involving staff across various states and the amount of loss reported. Overall, data from April 2013 to June 2016...
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