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Nitish Kumar, half his Cabinet colleagues are crorepatis-Santosh Singh

-The Indian Express Patna: Fifteen out of 29 Bihar ministers, including Chief Minister Nitish Kumar and his deputy Sushil Kumar Modi, are crorepatis. As a part of their anti-graft measures, started in 2011, the CM and his ministerial colleagues declared their moveable and immoveable assets this New Year. Four new entrants have joined the crorepati club this year. Thy are Ashwini Kumar Choubey, Shyam Rajak, Bhim Singh and Bijay Choudhary. Parveen Amanullah is...

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Bills stuck, govt opts for UGC push to reforms -Charu Sudan Kasturi

-The Hindustan Times All colleges may soon have to get accredited, and foreign varsities will be able to offer joint degrees with Indian universities – without the enactment of laws making accreditation mandatory and allowing foreign institutions entry into India. With 14 bills aimed at a plethora of higher education reforms stuck at different stages of parliamentary approval, the UPA has decided to try and use existing laws to draw up regulations...

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Still Smoking

-Outlook Gutka lobby protests stick’s escape Law On Their Side The tobacco industry has enough clout and money to secure the support of top politicians-cum-lawyers in courts:     Arun Jaitley: ITC, market leader in cigarettes     Ram Jethmalani and Abhishek Manu Singhvi: Dharampal Satyapal Ltd     Kapil Sibal: Dhariwal industries *** Just about two months back, newspaper readers were taken aback by a series of front-page ads, one of which stated how 14 states had had banned...

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Lok Sabha paves way for setting up more banks

-PTI Parliament on Thursday paved the way for corporate houses to enter the banking sector by approving the banking bill, a key reform legislation pending for long. Parliament also passed the amendments to the debt recovery laws or Sarfesi law after a reply by finance minister P Chidambaram on the combined discussion on the two bills in Rajya Sabha. These two Bills -- Banking Laws (Amendment) Bill, 2012, and Enforcement of Security Interest...

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Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

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