Through Notification Appointing New Director, Centre Ensures CBI Remains a Caged Parrot
Flying in the face of a Supreme Court directive, the Centre has reserved the right to remove Subodh Kumar Jaiswal before his term ends.
Subodh Kumar Jaiswal. Photo: PTI
Law9 hours ago
New Delhi: The devil, as the well-known adage goes, is always in fine print. So it was in the notification released by the secretariat of the Appointments Committee of the Cabinet (ACC), Ministry of Personnel, Public Grievances and Pensions (Department of Personnel and Training) on May 25 appointing Subodh Kumar Jaiswal as director of the CBI. The notification said the ACC, based on the panel recommended by the committee, had:
The order notification is expected to be sent from the ministries soon, ET has learnt. On Tuesday, the defence ministry announced the names of Sudhir Bhargava, a retired IAS officer, and Rajiv Jain, a retired IPS officer, who will screen the functioning of the Military Engineering Services (MES) and the Border Roads Organisation (BRO).
A Bank for Infra
The National Bank for Financing Infrastructure and Development promises to address the capital needs of the cash-starved infrastructure sector, but execution remains key
Illustration by Raj Verma
On March 25, the last day of the Covid-19 curtailed Budget Session of Parliament, the government passed a Bill that turned the clock 30 years back to India s pre-economic-liberalisation era in terms of infrastructure financing.
The proposed law that the Rajya Sabha cleared that day (the Lok Sabha had passed it two days earlier) was the National Bank for Financing Infrastructure and Development (NBFID) Bill, 2021. It called for the establishment of a development finance institution (DFI), a tried and tested concept that had led to the birth of institutions, including IFCI (Industrial Finance Corporation of India), IDBI (Industrial Development Bank of India), SIDBI (Small Industries Development Bank of India), NABARD (National Bank for Agriculture and Rural Development),