Union Textile Minister Dayanidhi Maran, who has been implicated by the Central Bureau of Investigation in the 2G scam probe, resigned from his post on Thursday, just hours after attending a meeting of the Union Cabinet.
Union Textiles Minister Dayanidhi Maran has hailed the Budget proposals-2010-11 presented in Parliament on Friday. The minister said that these initiative for the textiles sector as a growth spurring initiatives , which dovetail with economic revival, infrastructure development, agriculture development, inclusive growth and restoring export growth.
The minister hoped that the steps taken by the government would increase foreign investment in the country.
Maharashtra's Minister for Food and Civil Supplies, Anil Deshmukh has blamed Union Textile Minister and DMK leader Dayanidhi Maran a for imposing ban on cotton export.
Amid speculation of partial withdrawal of stimulus in the upcoming Union Budget, Textiles Minister Dayanidhi Maran on Tuesday pitched for continuation of these measures for the textile sector for some more time as it is yet to recover fully.
The cash-starved Indian textile industry is of the view that the Technology Upgradation Fund Scheme, or Tufs, flagship scheme of the textiles ministry, has lost its shine, as economic slowdown has put modernisation and expansion plans of companies on hold. The industry says there are more basic problems that the government needs to address.
The textile ministry, in its Budget wish list, has recommended additional tax benefits and increased interest subsidy for exporters.
The Bharatiya Janata Party on Thursday said Union Textiles Minister Dayanidhi Maran's continuation in the cabinet was "untenable" in the wake of allegations that he could have indirectly benefitted from payoffs in a telecom deal.
Tamil Nadu Chief Minister J Jayalalithaa on Wednesday demanded the resignation of Union Textiles Minister Dayanidhi Maran following reports that his family-owned Sun TV Network was a beneficiary of pay-offs by a Malaysian company, which benefited from equity sold by Aircel.
Voicing concern over the plight of the Tamils in Sri Lanka, the Dravida Munnetra Kazhagam on Friday sought Centre's immediate intervention to ensure relief and rehabilitation to internally displaced Tamils in the island nation.
The Budget session of the Parliament would be adjourned sine die on March 24. The session would be resumed on May 23 and will continue till June 8.
Union Textile Minister Dayanidhi Maran has come under the scanner in the 2G scam probe, with the Central Bureau of Investigation telling the Supreme Court on Wednesday that he had misused his office and forced C Sivasankran, the promoter of Chennai-based Aircel, to sell his firm to Malaysia-based Maxis Communications in 2006.
Prime Minister Manmohan Singh has directed all Union ministers to declare their assets and liabilities and indicate their business interests.The prime minister's directions were circulated in a six-page letter to all Union ministers by Cabinet Secretary K M Chandrasekhar on June 2. Dr Singh's direction comes in the wake of Textile Minister Dayanidhi Maran and former telecom minister A Raja getting embroiled in the massive 2G scam.
Union minister for textiles Dayanidhi Maran said, "The making of the National Fibre Policy is in its final stages and will be ready by March end." He spoke at a seminar today, organised by the Confederation of Indian Industry on textiles. He declined to divulge details.
With Textile Minister Dayanidhi Maran coming under the Central Bureau of Investigation's scanner in the 2G scam, Tamil Nadu Chief Minister J Jayalalithaa on Wednesday demanded that he should be dropped from the Union Cabinet immediately.
Prime Minister Manmohan Singh has removed Union Fertiliser Minister M K Alagiri and Textile Minister Dayanidhi Maran from two key sub-committees of the Union Cabinet. Both Alagiri and Maran are leaders of the Congress's ally DMK. In the wake of the multi-crore 2G spectrum scam, involving DMK leader and then telecom minister A Raja, the PM has been careful about allocating sensitive positions to the party's leaders.
Congress President Sonia Gandhi on Saturday met Prime Minister Dr Manmohan Singh giving further momentum to the talk of an imminent cabinet reshuffle possible early next week.
Opposition parties, including the Bharatiya Janata Party and the All India Anna Dravida Munnetra Kazhagam, on Thursday termed Textiles Minister Dayanidhi Maran's resignation from the Union Cabinet as "long overdue" and asked Prime Minister Manmohan Singh to explain why action against "corrupt" ministers was delayed. They also claimed that Maran's resignation was "too little" and "too late".
The Bharatiya Janata Party on Thursday rejected Home Minister P Chidambaram's 'self-certified' non-involvement in the 2G spectrum case and maintained that he should resign from the Union cabinet.
Prime Minister Manmohan Singh on Tuesday fowarded to President Pratibha Patil the resignation letters of the following ministers in the Union council of ministers with the recommendation that they may be accepted.
Mounting bad news takes a toll on Sun TV's stock, but analysts say company's fundamentals still remain strong
The National Textile Corporation (NTC) has earned Rs 4,034 crore through sale of assets as a part of its Modified Revival Scheme (MRS), which mainly includes land of closed mills, according to Union Minister for Textiles Dayanidhi Maran.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
Deputy Chief Miinster of Tamil Nadu M K Stalin and Union Minister for Textiles Dayanidhi Maran called on the United Progressive Alliance chairperson Sonia Gandhi at 10 Janpath on Monday. They discussed political situations in Tamil Nadu.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
With the home ministry rejecting the renewal of broadcast licences to Sun group, is it end of the road for Maran brothers? R Ramasubramanian reports from Chennai.
The DMK combine has won 37 of the 38 LS constituencies in Tamil Nadu, and bagged 13 of the 22 assembly bypolls. What swept away the AIADMK-BJP alliance in the southern state was not dravidian ideology but job loss and graft bias, says N Sathiya Moorthy.
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