-PTI The bank Deposits of Himachalis stood at about Rs 50,000 crore but the state is under huge debt, according to a state Finance Ministry official. The percentage of people keen on increasing their savings was 75 per cent in the state while it was 33 per cent in the country, the official said. The increase in income of farmers from horticulture, off season vegetables, milk, animal husbandry and poly houses and fat...
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Research and Analysis Wing alleges A Raja had 'hawala' links; CBI initiates probe-Rohini Singh
-The Economic Times The Research and Analysis Wing (RAW), India's overseas intelligence agency, has told the Central Bureau of Investigation and the Enforcement Directorate that it has unearthed hawala transactions allegedly linked to former telecom minister A Raja. RAW has written to the investigative agencies - the communication was sent at the end of July - asking them to take "necessary action", a top government official told ET on condition of anonymity. The...
More »Anger, scepticism within IAC over political leap-Abantika Ghosh
-The Indian Express When Team Anna members Arvind Kejriwal and Manish Sisodia announced Friday the decision of their anti-corruption movement to launch a political party, they said it was based on the “strength of the people of India”. But the decision seemed to have shaken the the strength of their own organisation, with prominent members as well as ordinary supporters openly criticising the switch and even distancing themselves from it. Sri Sri...
More »Extending RTI Act to public sector banks involves systemic risk-MR Umarji
-The Economic Times The main objective of the Right to Information Act, 2005, is to provide access to information in order to promote transparency and accountability in the working of every public authority. The RTI Act defines 'public authority' as anybody or authority constituted by law made by competent legislature and includes anybody owned, controlled or substantially financed directly or indirectly by funds provided by the government. While deciding the status of any...
More »‘Only auction’ approach not correct, AG tells court-J Venkatesan
-The Hindu Auction alone cannot be insisted upon for disposal of all types of natural resources, Attorney General (AG) G.E. Vahanvati asserted in the Supreme Court on Thursday. Such an approach mandated in the 2G judgment, apart from being impractical in certain situations, can be counter-productive and can impact planned and coordinated growth and economy of the country, the AG told a five-judge Constitution Bench comprising Chief Justice S.H. Kapadia and Justices...
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