Former West Bengal food minister Rathin Ghosh appeared before the ED in connection with the alleged civic recruitment scam case after skipping summons on five earlier occasions.
Two outgoing West Bengal ministers, Sujit Bose and Rathin Ghosh, under scrutiny in a recruitment scam case, did not appear before the Enforcement Directorate (ED) as scheduled, citing health and post-election duties.
In a bid to wrest control of the Trinamool Congress, its rebel faction led by Leader of the Opposition Ritabrata Banerjee on Monday elected MLA Arup Roy as chairperson, marking the sharpest challenge yet to the authority of party founder Mamata Banerjee.
Expelled TMC MLA Ritabrata Banerjee has garnered support from 58 legislators, who have proposed him as the new leader of the legislative party to West Bengal Assembly Speaker Rathindra Bose, while still acknowledging Mamata Banerjee as their 'chairperson'.
The dramatic development marked the culmination of a revolt that began with allegations of forged signatures on a letter proposing a Leader of Opposition and snowballed into an open challenge to the party leadership following the TMC's defeat at the hands of the BJP in the assembly elections.
Former West Bengal minister Sujit Bose has been arrested by the Enforcement Directorate in connection with a money laundering case linked to an alleged municipality recruitment scam.
Rescue officials confirmed casualties in the incident, claiming to have already recovered 5 bodies from the heap of debris where the cracker manufacturing unit once stood.
The raids continued for nearly seven hours during which the ED sleuths seized a number of documents.
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A team of CBI officers reached his residence in south Kolkata's Chetla area along with a large contingent of central forces in the morning, officials said.
Three TMC leaders Amit Mitra, Bratya Basu and Rathin Ghosh were sworn-in virtually. Mitra is unwell and both Basu and Ghosh are recuperating from COVID-19.
The BJP could win only 16 out of 57 seats where Shah campaigned.
However, a few defectors, who joined the BJP, got the better of their TMC rivals, including Suvendu Adhikari who emerged as a proverbial giant slayer, by defeating Chief Minister Mamata Banerjee albeit by a narrow margin.
A day after its debacle in the Kolkata civic poll, the Bharatiya Janata Party on Wednesday announced the formation of its new office bearers committee in West Bengal, axed several members of its old guard and inducted new leaders to strengthen the party in the state.
By any economic theory or doctrine, this is no Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus, declares Rathin Roy.
The ruling TMC in West Bengal was rocked by a fresh bout of desertions on Friday with Banerjee quitting the party and several other leaders rallying behind him.
Hours after quitting as the MLA of the West Bengal Assembly, Rajib Banerjee on Friday resigned from the primary membership of the Trinamool Congress, intensifying speculation that he might soon switch over to the Bharatiya Janata Party.
We import from China not because we love China, but because they sell us these things at cheap prices, points out Rathin Roy.
'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
Budget speeches have been replete with incomprehensible and even hilarious statements, says Rathin Roy.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
