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CSIR removes NEERI head Rakesh Kumar as Director
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Move follows CVC order of an inquiry into allegations of corruption against him
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Move follows CVC order of an inquiry into allegations of corruption against him The Council of Scientific and Industrial Research (CSIR) has divested Rakesh Kumar, Director, National Environment Engineering and Research Institute (NEERI) in Nagpur of his post and transferred him to its headquarters in Delhi. Sources confirmed to
The Hindu that this was after the Central Vigilance Commission (CVC) ordered an inquiry into allegations of corruption against Mr. Kumar and other employees at the institute. The allegations were levelled by a former employee of NEERI.
Dilip Cherian | At last PESB has a chief; she has her task cut out
Published Apr 7, 2021, 7:13 am IST
Updated Apr 7, 2021, 7:13 am IST
Hopefully, her appointment will now end the delayed crucial appointments to top management posts in central public sector enterprises
Mallika Srinivasan, chairman and MD of tractors and farm equipment (TAFE), is the first private sector specialist to be appointed as the head of PESB for a three-year term. (Image credit: Twitter)
After six months, the government finally moved and appointed the new chairperson of the Public Enterprises Selection Board (PESB). Mallika Srinivasan, chairman and MD of tractors and farm equipment (TAFE), is the first private sector specialist to be appointed as the head of PESB for a three-year term. Hopefully, her appointment will now end the delayed crucial appointments to top management posts in central public sector enterprises. Her fixed tenure should also end the “revolving door” policy seen in recent t
Central Vigilance Commission officers to be transferred every 3 years
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CVC orders shifting of those serving longer tenures by June 30
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CVC orders shifting of those serving longer tenures by June 30
The Central Vigilance Commission (CVC) has modified the guidelines pertaining to the transfer and posting of officials in the vigilance units of government organisations, restricting their tenure to three years at one place. The tenure may be extended to three more years, albeit at a different place of posting.
The CVC, in its order, said undue long stay of an official in a vigilance department had the potential of developing vested interests, apart from giving rise to unnecessary complaints or allegations.
Northlines
Uttam Gupta
Even as the Government is making all efforts to ensure that the Gross Domestic Product (GDP) after witnessing 8 per cent contraction during 2020-21 returns to a high growth trajectory, it is concerned about the tepid recovery in credit availability which is considered to be the sine qua non of growth. According to the latest data by the Reserve Bank of India (RBI), the annual non-food bank credit growth in January this year was at 5.7 per cent compared to 8.5 per cent in the same period last year. Credit to industry, however, contracted by 1.3 per cent in January 2021 as compared to 2.5 per cent growth in January 2020.