News for 'Public Accounts Committee'

Health ministry ready to roll out COVID-19 vaccine in around a week

Health ministry ready to roll out COVID-19 vaccine in around a week

Rediff.com5 Jan 2021

Addressing a press briefing, Union Health Secretary Rajesh Bhushan said healthcare workers and frontline workers need not register themselves as their database has been populated on to the Co-WIN vaccine delivery management system in a bulk manner.

Sonia Gandhi named interim Congress chief after marathon meet

Sonia Gandhi named interim Congress chief after marathon meet

Rediff.com11 Aug 2019

The Congress Working Committee finally accepted Rahul Gandhi's resignation during its second meeting of the day.

After 12 years, RBI set to modify fit-and-proper norms for bank directors

After 12 years, RBI set to modify fit-and-proper norms for bank directors

Rediff.com30 Jul 2019

These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.

Ladakh Standoff: Govt, Opposition consensus essential

Ladakh Standoff: Govt, Opposition consensus essential

Rediff.com19 Jun 2020

'A firm national resolve can only deter and defeat the nefarious designs of the adversary,' notes Rup Narayan Das.

CVC, CBI corruption complaints may be probed under Lokpal, says panel

CVC, CBI corruption complaints may be probed under Lokpal, says panel

Rediff.com7 Dec 2015

Citing overlapping of functions, a parliamentary committee on Monday recommended integrating Central Vigilance Commission and anti-corruption wing of the Central Bureau of Investigation to work directly under the command and control of Lokpal to deal with corruption cases.

PMO sets up 10 panels to deal with post lockdown situation

PMO sets up 10 panels to deal with post lockdown situation

Rediff.com29 Mar 2020

The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.

BJP's pro-OBC agenda comes up against caste census demand

BJP's pro-OBC agenda comes up against caste census demand

Rediff.com30 Aug 2021

A BJP source admitted that a census will inevitably reconfirm the numerical majority of the OBCs. 'That will overturn social equations and consign the upper castes to a twilight zone of marginalisation. The RSS won't accept it.' Radhika Ramaseshan reports.

Why reduce the bank CEO to a titular head!

Why reduce the bank CEO to a titular head!

Rediff.com4 Aug 2020

'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.

'Opposition MPs have become agents of unrest'

'Opposition MPs have become agents of unrest'

Rediff.com23 Dec 2021

'Today, we being the majority pass a law and if the Opposition parties do not like it, they throw files at the Chair, and beat up women marshals.'

China's rising threat to India's exports

China's rising threat to India's exports

Rediff.com30 Jul 2018

Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.

Time For RBI To Change Penalty Rules

Time For RBI To Change Penalty Rules

Rediff.com11 Nov 2021

Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.

SC to hear plea for full insurance of all bank deposits

SC to hear plea for full insurance of all bank deposits

Rediff.com16 Oct 2019

The plea, filed by Delhi-based Bejon Kumar Misra, said the Centre and RBI should be directed to ensure complete insulation and insurance of the hard-earned deposited money of people in various co-operative banks, including nationalised banks, by enacting an appropriate measure of 100 per cent insurance coverage towards the deposited amount.

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Can Mann-Kejriwal Tackle Punjab's Many Challenges?

Rediff.com17 Mar 2022

Kejriwal's centralised way of governance might work in Delhi, but Punjab will call for delegation, observes Sanjeev Nayyar.

How must govt use RBI's Rs 1.76 lakh crore

How must govt use RBI's Rs 1.76 lakh crore

Rediff.com30 Aug 2019

'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'

Full text: What Modi said in his farm laws repeal speech

Full text: What Modi said in his farm laws repeal speech

Rediff.com19 Nov 2021

'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'

AFSPA: 'A symbol of oppression, an object of hate'

AFSPA: 'A symbol of oppression, an object of hate'

Rediff.com10 Dec 2021

The Supreme Court found enough grounds to order a CBI probe into 1,528 extra-judicial killings in Manipur between 2000 and 2012.

Govt for panels to monitor FCI godowns

Govt for panels to monitor FCI godowns

Rediff.com30 Jun 2011

To ensure effective distribution and supply of foodgrains through rations shops, the food ministry has called for creating advisory committees of experts in places where godowns of Food Corporation of India (FCI) and other state agencies are located.

Economy gaining traction with pick-up in manufacturing activity: RBI

Economy gaining traction with pick-up in manufacturing activity: RBI

Rediff.com17 Aug 2021

The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.

Data privacy: Tension between big technology firms and govt boils over

Data privacy: Tension between big technology firms and govt boils over

Rediff.com22 Mar 2021

There is a perception getting built inside the government that big technology companies -- a common term used for firms like Facebook, Google, Twitter, Amazon and the like - are becoming very powerful and present multiple threats to entire nations and their citizens today. The digital ecosystem is replete with CSAM (child sexual abuse material), fake news, drug trade, radicalisation, trolling among other social vices. Given the network effect that these platforms have, it is important to ensure that these platforms are not misused.

Loan restructuring: 'Whoever needs relief should get it'

Loan restructuring: 'Whoever needs relief should get it'

Rediff.com25 Aug 2020

'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'

1% GST in cash: FinMin clarifies on why it was necessary

1% GST in cash: FinMin clarifies on why it was necessary

Rediff.com28 Dec 2020

This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.

Economic surveys: A case of hits and misses on GDP numbers

Economic surveys: A case of hits and misses on GDP numbers

Rediff.com5 Feb 2021

Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.

What will the new RBI guv focus on Dec 14 meet?

What will the new RBI guv focus on Dec 14 meet?

Rediff.com13 Dec 2018

The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.

Tharoor: 'Scindia's shallowness and hollowness of convictions'

Tharoor: 'Scindia's shallowness and hollowness of convictions'

Rediff.com11 Mar 2020

'Scindia's willingness to consort with the BJP, a party he has rightly, and eloquently, excoriated in various speeches and statements in the recent past suggest a shallowness and hollowness of convictions and principles.'

Airfare for 1-hour journeys may be capped at Rs 2,500

Airfare for 1-hour journeys may be capped at Rs 2,500

Rediff.com3 May 2016

The government also said it will hold consultations with the airlines to explore the possibility of curbing the menace of charging exorbitant airfares during emergency situations.

Why PSBs put Rs 1-trn bad loans on sale

Why PSBs put Rs 1-trn bad loans on sale

Rediff.com24 Jan 2019

Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.

'It is not easy to be a gatekeeper of financial stability'

'It is not easy to be a gatekeeper of financial stability'

Rediff.com19 Aug 2020

'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'

What You Must Know About Small Savings

What You Must Know About Small Savings

Rediff.com19 Apr 2021

'Decide on an asset allocation you are comfortable with and stick to it for the long term.'

Why companies are chary of independent directors

Why companies are chary of independent directors

Rediff.com18 Jan 2019

As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.

BCCI CEO Johri accused of sexual harassment

BCCI CEO Johri accused of sexual harassment

Rediff.com13 Oct 2018

The Committee of Administrator on Saturday sought an explanation from Board of Control for Cricket in India's CEO Rahul Johri after an anonymous account of alleged sexual harassment by him was shared on social media as part of the ongoing #metoo movement.

The 5 wise men who will decide corporate loan recast

The 5 wise men who will decide corporate loan recast

Rediff.com31 Aug 2020

Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.

Defence ministry report ignores Ladakh stand-off

Defence ministry report ignores Ladakh stand-off

Rediff.com14 Jan 2022

The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.

Make BCCI fully transparent in all its functions: CIC tells COA

Make BCCI fully transparent in all its functions: CIC tells COA

Rediff.com10 Jun 2017

The Central Information Commission (CIC) on Friday urged the Supreme Court-appointed Committee of Administrators running the Board of Control for Cricket in India to 'immediately initiate efforts' to look into the issues raised by historian Ramachandra Guha in his resignation letter.

Why Ind-WI ODI shifted away from Wankhede, asks MCA

Why Ind-WI ODI shifted away from Wankhede, asks MCA

Rediff.com13 Oct 2018

Miffed MCA asks CoA for reasons for moving ODI to CCI

Kunal Kamra seeks Rs 25L from IndiGo over flying ban

Kunal Kamra seeks Rs 25L from IndiGo over flying ban

Rediff.com1 Feb 2020

Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

US state sues China on coronavirus handling

US state sues China on coronavirus handling

Rediff.com22 Apr 2020

'The Chinese government lied to the world about the danger and contagious nature of COVID-19, silenced whistleblowers, and did little to stop the spread of the disease'

Congress may get prestigious PAC, hints Naidu

Congress may get prestigious PAC, hints Naidu

Rediff.com26 Jun 2014

The Congress may get chairmanship of the prestigious Public Accounts of Committee but still there is no guarantee whether it will get the post of Leader of the Opposition in the Lok Sabha.

4 ways Nirmalaji's Budget is different

4 ways Nirmalaji's Budget is different

Rediff.com6 Mar 2021

But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.

NPA policy: Stressed assets may be put on the block

NPA policy: Stressed assets may be put on the block

Rediff.com5 May 2017

The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.