News for 'Public Accounts of Committee'

Why You Must Watch Freedom at Midnight

Why You Must Watch Freedom at Midnight

Rediff.com15 Nov 2024

Freedom At Midnight is a bold attempt to revisit the whole discourse about Partition, its causes, and the predicament under which the Congress leaders accepted it. It perfectly captures the extremely confused and complicated situation to which it seemed the only viable solution, observes Utkarsh Mishra.

Rafale verdict: Centre files application to correct factual error

Rafale verdict: Centre files application to correct factual error

Rediff.com15 Dec 2018

The issue of CAG and PAC was mentioned in paragraph 25 of the judgment of the top court which had held that there were no irregularities in the procurement of 36 Rafale jets from France.

Goa Cong members refuse to sign PAC report on illegal mining

Goa Cong members refuse to sign PAC report on illegal mining

Rediff.com4 Oct 2011

A day before being tabled in Goa legislative assembly, the Manohar Parrikar-led Public Accounts Committee report on illegal mining in the state has run into controversy after Congress party legislators on the committee refused to sign it on Tuesday.

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

Delhi assembly PAC looks into CAG report on CWG

Delhi assembly PAC looks into CAG report on CWG

Rediff.com1 Nov 2012

The Public Accounts Committee of Delhi assembly has started examining the Comptroller and Auditor General's report on the Commonwealth Games, which had indicted Chief Minister Sheila Dikshit and her government for alleged irregularities in the implementation of various projects. In its first meeting on Tuesday, a number of senior officials from the public works department deposed before the nine-member PAC headed by senior Congress member Prahlad Singh Sawhney.

Waqf Property Income Falls 99%

Waqf Property Income Falls 99%

Rediff.com29 Aug 2024

In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.

RBI approves highest-ever dividend of Rs 2.11 lakh crore to govt

RBI approves highest-ever dividend of Rs 2.11 lakh crore to govt

Rediff.com22 May 2024

The Reserve Bank on Wednesday approved a Rs 2.11 lakh crore dividend payout to the central government for 2023-24, more than double the amount it paid for the previous 2022-23 financial year. The decision was taken at the 608th meeting of the Central Board of Directors of the Reserve Bank of India held under the chairmanship of Governor Shaktikanta Das.

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Rediff.com27 Jun 2024

The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's Financial Stability Report (FSR) released on Thursday. Scheduled Commercial Banks' (SCBs) gross non-performing assets (GNPA) ratio fell to 2.8 per cent, and the net non-performing assets (NNPA) ratio to 0.6 per cent at the end of March 2024. "The asset quality of SCBs recorded sustained improvement, and their GNPA ratio moderated to a 12-year low in March 2024. Their NNPA ratio too improved to a record low," said the June FSR.

Demand to call Kalmadi before PAC, Joshi not impressed

Demand to call Kalmadi before PAC, Joshi not impressed

Rediff.com5 Oct 2012

A Congress member in Public Accounts Committee on Friday suggested calling former head of Commonwealth Games Organising Committee Suresh Kalmadi before the Parliamentary panel examining CAG report on games irregularities, but its chairman and BJP leader Murli Manohar Joshi seemed disinclined.

JPC chief feels Joshi's PAC doing parallel probe

JPC chief feels Joshi's PAC doing parallel probe

Rediff.com15 Mar 2011

With the Public Accounts Committee of Parliament on a questioning spree in 2G spectrum scam case, it has not gone down well with Joint Parliamentary Committee chairman PC Chacko who feels that the PAC has gone beyond its mandate, and wants a 'conflict' to be avoided. Chacko underlined that the PAC's mandate was limited to looking into accounting irregularities in the 2G spectrum allocation as highlighted by the comptroller and auditor general, and it should not give an impres

Kerala ADM's suicide amid graft charges sparks political turmoil

Kerala ADM's suicide amid graft charges sparks political turmoil

Rediff.com16 Oct 2024

The Congress and the Bharatiya Janata Party have united in their demands, calling for the immediate resignation and arrest of P P Divya, a Communist Party of India-Marxist leader and district panchayat president, who leveled graft accusations against ADM Naveen Babu at his send-off function organised by colleagues at the Kannur district collectorate.

How many judges' appointment is pending with you, SC asks govt

How many judges' appointment is pending with you, SC asks govt

Rediff.com20 Sep 2024

The Supreme Court on Friday asked the Centre to provide information about the numbers and names reiterated by the apex court Collegium for appointment as judges in higher judiciary with reasons why they were not considered so far and at what level they were pending.

2G scam: JPC chief rules out summoning PM, Chidambaram

2G scam: JPC chief rules out summoning PM, Chidambaram

Rediff.com18 Oct 2012

Even as Bharatiya Janata Party MPs are boycotting the Joint Parliamentary Committee looking into the 2G spectrum scam, the panel's chairman P C Chacko has ruled out summoning of Prime Minister Manmohan Singh.

Not in favour of PM appearing before PAC: Pranab

Not in favour of PM appearing before PAC: Pranab

Rediff.com2 Jan 2011

In the first objection from within Congress, Finance Minister Pranab Mukherjee on Sunday said he is not in favour of Prime Minister Dr Manmohan Singh appearing before the Public Accounts Committee on the 2G spectrum issue as he was accountable to the Lok Sabha and "not to any committee".

2G scam wont figure in next PAC meet

2G scam wont figure in next PAC meet

Rediff.com5 Jan 2011

Senior Bharatiya Janata Party leader Dr Murli Manohar Joshi indicated that he will not be taking up the 2G spectrum scam in the Public Accounts Committee meeting to be held next week.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

BJP seeks to keep 2G issue alive in PAC

BJP seeks to keep 2G issue alive in PAC

Rediff.com17 May 2013

With the 2G spectrum issue getting caught in a logjam in the Joint Parliamentary Committee, the Bharatiya Janata Party on Friday sought to bring the matter to the forefront of Parliament's Public Accounts Committee, saying the matter is pending and should be disposed of.

Centre has to take PAC report seriously: Experts

Centre has to take PAC report seriously: Experts

Rediff.com28 Apr 2011

As a controversy rages over the draft report by the Public Accounts Committee on the 2G scam, Parliamentary experts are unanimous that recommendations of a Parliamentary committee has to be accepted or at least "taken seriously" by the government.According to constitutional and parliamentary experts, though the PAC is a recommendatory body, reports of which are not legally binding, traditionally the government has accepted most of the reports submitted by it.

11 MPs reject report; PAC meeting ends in chaos

11 MPs reject report; PAC meeting ends in chaos

Rediff.com28 Apr 2011

Eleven members of Parliament, including one each from Samajwadi Party and Bahujan Samaj Party, on Thursday demanded rejection of the draft Public Accounts Committee report on the 2G scam, which has indicted former Telecom minister A Raja and made critical observations about Prime Minister Manmohan Singh and Finance minister P Chidambaram.

South East Asia-based gangs behind surge in cybercrimes in India: Govt

South East Asia-based gangs behind surge in cybercrimes in India: Govt

Rediff.com23 May 2024

The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.

2g scam: Ratan Tata, Niira Radia quizzed

2g scam: Ratan Tata, Niira Radia quizzed

Rediff.com4 Apr 2011

Radia, whose tapped phone conversations with politicians, corporates, bureaucrats, and journalists form a key part of the investigations into the 2G spectrum scam.

PAC to examine CAG reports on coal block allocation

PAC to examine CAG reports on coal block allocation

Rediff.com23 Aug 2012

Parliament's Public Accounts Committee on Thursday decided to examine the four latest reports of the CAG, including the one on coal block allocation, which are critical of the government.

Govt won't make RBI's inflation report public

Govt won't make RBI's inflation report public

Rediff.com12 Dec 2022

The government on Monday ruled out making public the RBI report detailing the reasons why the central bank could not keep inflation within the targeted 6 per cent upper limit for the three consecutive quarters. "Yes sir, RBI has furnished a report to the central government, as mandated under Section 45ZN of the RBI Act, 1934 and Regulation 7 of RBI Monetary Policy Committee and Monetary Policy process Regulations, 2016," minister of state for finance Pankaj Chaudhary said in a written reply. The said provisions of the RBI Act, 1934, and regulations therein does not provide for making the report public, he said.

2G: PAC summons J Gopikrishan to appear before it

2G: PAC summons J Gopikrishan to appear before it

Rediff.com4 Mar 2011

Noted journalist J Gopikrishan, who broke the 2G spectrum scam on December 11, 2008, has been asked to appear before the Public Accounts Committee on March 8, to assist the committee in its investigations.

JPC to discuss PAC's mandate in 2G scam

JPC to discuss PAC's mandate in 2G scam

Rediff.com23 Mar 2011

The turf war over 2G Scam inquiry has refused to die down with the Joint Parliamentary Committee planning to discuss on Thursday whether the Public Accounts Committee, chaired by senior Bharatiya Janata Party leader Murli Manohar Joshi, has gone beyond its mandate.

JPC will not hamper PAC probe in 2G scam: Joshi

JPC will not hamper PAC probe in 2G scam: Joshi

Rediff.com21 Feb 2011

Dr Murali Manohar Joshi, chairman of the Public Accounts Committee, has said that the constitution of a Joint Parliamentary Committee to probe the 2G spectrum scam would in no way hamper the job of the PAC that is investigating the massive scam right now.He was reacting to the statement made by Finance Minister Pranab Mukherjee that once the JPC was announced, the ongoing probe by PAC will amount to duplication of work.

CBI is under no pressure, says PAC head

CBI is under no pressure, says PAC head

Rediff.com15 Feb 2011

Dr Murali Manohar Joshi, chairman of the Public Accounts Committee, told newsmen that the claim made by Kapil Sibal, who holds temporary charge of telecom ministry was contradicted by Central Bureau of Investigation director A P Singh, who appeared before the committee in Parliament.

PAC will consider PM's offer, says Joshi

PAC will consider PM's offer, says Joshi

Rediff.com27 Dec 2010

Senior Bharatiya Janata Party leader Murli Manohar Joshi who heads the Public Accounts Committee in Parliament has said that the prime minister's offer to depose before the committee is being considered. Joshi said that the Comptroller and Auditor General Vinod Rai had not been summoned, but was a partt of the committee's proceedings.

'No tussle between BJP and Murli Manohar Joshi'

'No tussle between BJP and Murli Manohar Joshi'

Rediff.com3 Jan 2011

BJP President Nitin Gadkari tells Gyan Varma that there is no disagreement within the party over the issue of a Joint Parliamentary Committee probe into the 2G Spectrum scam.

2G scam: 2 editors appear before PAC, more in line

2G scam: 2 editors appear before PAC, more in line

Rediff.com14 Mar 2011

In an interesting turn of events, the Public Accounts Committee Chairman Murli Manohar Joshi summoned two senior editors of newsweeklies to depose before the PAC in connection to the 2G spectrum scam. Vinod Mehta and Manu Joseph, editors of Outlook and Open Magazine respectively were interrogated about the transcripts of the phone conversations that corporate lobbyist Niira Radia had with others, which were carried in their publications.

M M Joshi reappointed PAC chairperson

M M Joshi reappointed PAC chairperson

Rediff.com1 May 2011

Joshi was again nominated by his party following which Lok Sabha Speaker Meira Kumar has reappointed him as chairman of PAC which is responsible for conducting the financial audit of various departments and ministries.

Coal-gate: BJP leaders demand Prez intervention

Coal-gate: BJP leaders demand Prez intervention

Rediff.com12 Sep 2012

The Bharatiya Janata Party on Wednesday took its grievances against Prime Minister Manmohan Singh and Congress-led United Progressive Alliance to President Pranab Mukherjee, demanding his intervention on the coal allocation issue and attacks on a constitutional institution like the Comptroller and Auditor General.

Why public sector companies are unable to attract talent for higher posts

Why public sector companies are unable to attract talent for higher posts

Rediff.com18 Sep 2022

Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.

'Impractical, cheap stunt': Oppn on one nation, one poll

'Impractical, cheap stunt': Oppn on one nation, one poll

Rediff.com18 Sep 2024

Opposition parties on Wednesday opposed the 'one nation, one election' proposal by calling it impractical and a 'cheap stunt' by the ruling Bharatiya Janata Party.

Director Ranjith, actor Siddique quit over sexual abuse charges

Director Ranjith, actor Siddique quit over sexual abuse charges

Rediff.com25 Aug 2024

Even as political pressure was building against Ranjith, actor Siddique quit as the general secretary of Association of Malayalam Movie Artists (AMMA) amid voices from within his fraternity seeking his resignation.

He has damaged Indian football: Bhutia blasts AIFF chief

He has damaged Indian football: Bhutia blasts AIFF chief

Rediff.com14 Oct 2024

Should not entertain him, must be removed: Bhaichung Bhutia criticises AIFF president Kalyan Chaubey for corruption, mismanagement

PAC has every authority to call PM: MM Joshi

PAC has every authority to call PM: MM Joshi

Rediff.com24 Feb 2011

On a day when the Joint Parliamentary Committee into the 2G scam was set up, the Public Accounts Committee Chairman Murli Manohar Joshi said his panel has every authority to ask Prime Minister Manmohan Singh to appear before it.

'Total halt' in smuggling of fake notes, finmin tells PAC

'Total halt' in smuggling of fake notes, finmin tells PAC

Rediff.com10 Feb 2017

The finance ministry on Friday informed a parliamentary committee that smuggling of fake currency has totally stopped post demonetisation and the tax department has seized Rs 515 crore in cash, including Rs 114 crore of new currency notes, up to January 10.

Scorpene deal: PAC slams defence ministry

Scorpene deal: PAC slams defence ministry

Rediff.com10 Mar 2010

Slamming the Defence Ministry over the nine-year delay in awarding contract to French firm Thales to build six Scorpene submarines in Mumbai, a Parliamentary Committee on Wednesday said the indecisiveness resulted in cost overruns and undue favour to the vendor, besides adversely impacting Navy's operational preparedness.

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.