Since financial institutions are within the administrative control of the finance ministry, these will no doubt have early implementation. There have also been statements from the Reserve Bank governor of the nature of the ARC that will be set up. These actions portend that GoI will walk the talk.
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Bank Officers Unions Oppose Allowing All Private Banks In Govt Business
Private banks can now be equal partners in development of the Indian economy, furthering Govt s social sector initiatives, and enhancing customer convenience.
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Bank officers unions on Thursday opposed the Centre s decision to allow all private sector banks to participate in government business, including collection of taxes, pension payments and small savings schemes.
In a tweet on Wednesday, Finance Minister Nirmala Sitharaman had said, Embargo lifted on grant of Govt business to private banks. All banks can now participate. Private banks can now be equal partners in development of the Indian economy, furthering Govt s social sector initiatives, and enhancing customer convenience.
PIL seeks joint probe by DRI, CVC, DVAC into ‘coal import scam’
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HC asks Tangedco to respond within a week
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HC asks Tangedco to respond within a week
The Madras High Court on Thursday directed the Tamil Nadu Generation and Distribution Corporation (Tangedco) to file a counter affidavit within a week to a public interest litigation petition, which sought a joint probe by the Directorate of Revenue Intelligence, the Central Vigilance Commission and the Directorate of Vigilance and Anti-Corruption into an alleged scam that had been taking place in the State over the years in import of coal for thermal power stations.
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MUMBAI: The BJP has filed a complaint with the Comptroller and Auditor General (CAG) against the BMC’s over Rs 2,000 core spending to fight the Covid-19 pandemic. The BJP has demanded a special performance audit of all spending by the principal accountant general (Audit).
Besides Covid-19 spending, the BJP has also demanded an audit into the BMC’s bid to buy freebies including 30 food and vegetable trucks in Shiv Sena corporator Yashwant Jadhav’s constituency no 209 in Byculla.
BJP corporator Vinod Mishra filed a complaint along with MLA Mihir Kotecha and corporator Makarand Narwekar alleging that purchases were done in violation of Central Vigilance Commission (CVC) norms.