-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...
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Is the Modi Government Hiding More Than What It Is Revealing With the RTI Act? -MM Ansari
-TheWire.in The Right to Information Act has not been implemented in letter and spirit, which is why the number of RTI appeals and complaints with the Central Information Commission is growing. The Narendra Modi government has made an oft-repeated commitment to promote transparency and participatory decision-making processes to contain the scourge of corruption in public life. While the Right to Information (RTI) Act is used for promoting free flow of information, the...
More »Union Finance Minister Shri Arun Jaitley Holds Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups
-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...
More »Too few FIRs in Delhi & Gujarat for fake currency notes seized during 2016, indicates NCRB data
In a country where inter-departmental coordination hardly takes place in the government, a joint exercise undertaken by the Reserve Bank of India (RBI) and the National Crime Records Bureau (NCRB) is bearing fruits. The NCRB has started coordinating with the RBI for collection and sharing of Fake Indian Currency Note (FICN) data. The new tables, which have been introduced in the NCRB's annual publication on crime, reveal that although the...
More »TCA Anant, Chief Statistician of India and Secretary -- MoSPI, interviewed by Vikas Dhoot and TCA Sharad Raghavan (The Hindu)
-The Hindu The Chief Statistician of India on the economy, the meaning of the new series of GDP data, and the need to wait for the impact of demonetisation to unfold T.C.A. Anant is the Chief Statistician of India, and Secretary, Ministry of Statistics and Programme Implementation. He has been in charge of several notable changes in the way economic data has been recently presented, including the new GDP and Gross Value...
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