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Niti favours law hiking minimum fine on polluters from Rs 1 lakh to Rs 5 crore -Vishwa Mohan

-The Times of India NEW DELHI: The Central Pollution Control Board (CPCB) has recently ordered closure of many polluting units in Uttar Pradesh and elsewhere, but such a 'drastic' step could soon be the last resort if the government finally legislates a proposed law which imposes heavy fines on violators instead of shutting them down altogether. The proposed law provides for an increase in the existing penalty from Rs 1 lakh to...

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Centre approves the merger, consolidation of public sector banks

-Scroll.in Principal Economic Advisor Sanjeev Sanyal said the government wants to reduce the number of PSU lenders to 10 to 15 from the current 21. The Union Cabinet on Wednesday gave its in-principle approval for the merger and consolidation of public sector banks, reported ET Now. The Cabinet gave the go-ahead to set up a mechanism to carry out such mergers. The move is aimed at improving the efficiency of public...

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Panel to split OBCs into sub-categories

-The Times of India NEW DELHI: The government is set to constitute a commission to examine how the Central list of OBCs can be divided into sub-groups, an act that appears to be a BJP move to win over the "most backward castes" by addressing their grievance of "inequitable" distribution of Mandal reservation benefits. The Union Cabinet on Wednesday approved the setting up of a commission for sub-categorisation of OBCs. It sets the...

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24 states look set to scrap no-detention policy in schools from 2018

-The Times of India NEW DELHI: As many as 24 states are likely to scrap the no-detention policy in schools from 2018 with the Union Cabinet and Parliament approving the amendment of the relevant provision of the right to education act that allows the states to bring back evaluation-based promotions. According to a senior official, the change in the Right of Children for Free and Compulsory Education Act became necessary due to...

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Pan-India wage plan

-The Telegraph New Delhi: The Union Cabinet today cleared a plan to introduce a pan-India minimum wage that will cover all sectors of the economy. The Labour Code on Wages Bill seeks to empower the Centre to fix a universal minimum wage for workers across the country. The new law is expected to benefit over 4 crore employees across the country. The Code will consolidate four different wage-related laws: the Minimum Wages Act,...

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