-PTI Senior advocate Shanti Bhushan said that even though the Lokpal Bill came into effect in 2014, the Lokpal is not being appointed by the government deliberately. New Delhi: The Supreme Court Tuesday reserved its verdict on a batch of pleas seeking the appointment of Lokpal in the country. A bench headed by Justice Ranjan Gogoi said, “We have heard the arguments of all the parties. Judgement (is) reserved.” During the hearing,...
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Par panel to summon RBI Governor Urjit Patel again on April 20
-PTI Besides Patel, Economic Affairs Secretary Sashikanta Das and Financial Services Secretary Anjuly Chib Duggal are also being asked to appear before the Committee. A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks post note ban and the progress made in remonetisation. The meeting of the Standing Committees on Finance, headed by former cabinet minister M...
More »Amended maternity law goes a long way, but has a long way to go still -Shalini Nair
-The Indian Express The new law allows maternity leave up to 12 weeks for women who adopt a child below the age of 3 months, and for commissioning mothers (in cases of surrogacy) The Maternity Benefit (Amendment) Bill, 2017, passed by Parliament last week, has made 26 weeks of paid maternity leave mandatory for all women employed in the organised sector. The more than doubling of the existing entitlement of 12 weeks...
More »Panel frowns on static scholarship amount -Basant Kumar Mohanty
-The Telegraph New Delhi: A parliamentary panel has voiced shock that a scholarship for underprivileged meritorious students had not been revised since the scheme was launched in 2008, leaving it at less than half of what households now spend on average on a higher secondary student. According to a survey on social consumption, households spend Rs 12,619 a year on a plus-2 student's schooling, while the yearly amount under the National Means-cum-Merit...
More »House panel criticises RBI governor for inability to answer demonetisation questions
-The Economic Times Members of the Parliamentary Standing Committee on Finance on Wednesday criticised Reserve Bank of India Governor Urjit Patel for his inability to answer queries related to demonetisation. "Patel was unable to tell us how much money has come back to the banks," said Saugata Roy, TMC MP. "The governor was unable to tell us that how much old currency has come into the banks," added Saugata Roy. Sources also quoted...
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