-The Indian Express In 2004, a former bank Executive started his own bank. As it grew, courting corporates, lending aggressively and dodging referees, the bad loans grew too. Until one day, the bank went belly up. The Indian Express on how the story of Yes Bank and Rana Kapoor is of warning bells that went unheard. After providing services to Yes Bank for years, a vendor was keen to terminate the contract....
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Fresh FIR filed in irrigation scam; five officials booked
-PTI/ The Telegraph They were booked under the Prevention of Corruption Act Nagpur: One more FIR, naming five Maharashtra government officials, was registered on Wednesday by the Nagpur unit of the Anti-Corruption Bureau (ACB) in the multi-crore irrigation scam. Five officials of Vidarbha Irrigation Development Corporation (VIDC), some of them now retired, were booked under the Prevention of Corruption Act at the Sadar police station here, an ACB statement said on late Wednesday...
More »Shift health to concurrent list: Expert group to Finance Commission -Banjot Kaur
-Down to Earth Activists voice concern about some recommendations by panel The subject of ‘health’ must be transferred to the Concurrent List of the Indian Constitution from the State List, the high level group (HLG) formed for the health sector by the 15th Finance Commission has said. Since issues like medical education and family planning fall under the concurrent list, health also should, the panel said in a report submitted recently to...
More »Why the National Population Register is more dangerous than the Assam NRC -Harsh Mander & Mohsin Alam Bhat
-Scroll.in The Assam NRC was not an anti-Muslim project. But an all-India NRC based on the NPR will allow the Executive to pick whose citizenship it wishes to question. Prime Minister Narendra Modi claimed to the people of India on Delhi’s historic Ramlila Grounds on December 22 that his government had never since 2014 even considered implementing a nation-wide National Indian Register of Citizens. But the NRC was part of the President’s...
More »Insolvent individuals may face ban on holding, running for public office -Aashish Aryan
-The Indian Express The Central government had on December 1 notified amendments to the Insolvency and Bankruptcy Code (IBC), 2016, in which it had brought a corporate debtor’s personal guarantor under the purview of the Code. The Insolvency and Bankruptcy Board of India (IBBI), as well as the Ministry of Corporate Affairs (MCA), is in favour of disallowing individuals who have been declared insolvent, from holding any public office or being the...
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