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Cattle trade ban rules were not placed before Parliament -Krishnadas Rajagopal

-The Hindu In reply to RTI plea, Lok Sabha Secretariat says Centre did not follow procedure. A Lok Sabha Secretariat reply to a Right To Information request made by one of the petitioners who has challenged the cattle slaughter ban rules in the Supreme Court reveals that the rules were never laid before the Parliament, which the government should have done before implementing them. Having triggered an avalanche of litigation across the country,...

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'Make In India' yet to spur manufacturing, says panel

-The Hindu Parliamentary committee airs concerns over poor growth The Parliament’s Standing Committee on Commerce has questioned the country’s low manufacturing growth despite initiatives such as Make In India, Startup India and FDI reforms that are now more than two years old. The committee, led by BJP MP Bhupender Yadav, had expressed concerns about manufacturing growth averaging just 1.6% in the five years till 2015-16 and a 0.5% contraction in the sector in...

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Govt may scrap PDS -Dalip Singh

-Deccan Herald New Delhi: Prime Minister Narendra on Monday said the government is likely to scrap public distribution scheme (PDS) system and transfer money directly to the accounts of poor beneficiaries after getting encouraging results from Haryana and Puducherry. Modi stated this during his Monday's informal discussion with BJP MPs from Delhi, J-K, Haryana, Punjab, Uttarakhand, Himachal Pradesh and Chandigarh. According to a press statement issued on the outcome of interaction with...

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India vulnerable to cyber crime, must upgrade defence: Study

-The Times of India NEW DELHI: Demonetisation and the subsequent push for digitisation has escalated risks relating to cyber crime and India needs to urgently upgrade its defences by setting up a cyber security commission on the lines of the Atomic Energy and Space Commissions, according to an IIT Kanpur study shared with Parliament's committee on finance. Noting that the government has initiated a number of programmes to enhance the participation of...

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CAG raps govt-owned banks for understating non-performing assets -Indivjal Dhasmana

-Business Standard Govt told to be consistent on capital infusion criteria The Comptroller and Auditor General of India (CAG) has slammed the managements and statutory auditors of 12 public sector banks (PSBs) for overstating their net profit, by underestimating non-performing assets (NPAs) and under-providing for these bad assets during 2016-17. Also, there were differences in the classification of and provisioning for assets between five banks and the Reserve Bank (RBI) but as the...

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