Plan and Policy

Plan & Policy

Left suggests crowd-funding to rescue A-I

As Air India stares at a looming financial crisis af­ter the initial attempts to auction it failed last month, suggestions are trickling to revive the carrier without se­lling it off to a private company.

The latest suggestion has come from senior Communist Party of India (CPI) leader and party national secretary Atul Kumar Anjan who wants the Narendra Modi government to crowd-fund Rs 5,000 crore from high net worth individuals in the country to resurrect the national carrier.

Currency with public hits record at over Rs 18 lakh cr

Currency with the public has reached a record high of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data. At the same time, the total currency put in circulation by RBI has also more than doubled to over Rs 19.3 lakh crore – from a low of about Rs 8.9 lakh crore post- demonetisation.

Currency with the public is arrived at after deducting cash with banks from total currency in circulation.

Jaitley criticises Congress for its stand on judicial appointment issue

Criticising the Congress party for creating hue and cry over the government’s decision to refer back a judicial appointment recommendation to the collegium for reconsideration, Union Minister Arun Jaitley on Sunday said, “The hue and cry made by my friends in the Congress party recently when the government referred a case back for reconsideration, fades into the oblivion. It is part of the much-diluted role of an elected government that relevant inputs be brought to the notice of the collegium. This is in consonance with democratic accountability …?

Staff shortage: Govt opens up jt secy slots through lateral entry

If working for the government interests you and you are a private or public sector professional over 40 years of age with 15 years of work experience in any of the 10 fields like financial services, environment, agriculture, commerce or civil aviation, the Narendra Modi government may hire you as a joint secretary.

India mulls new group in WTO to work on future plans

India is considering bringing together a group of 8-10 member countries of the World Trade Organisation (WTO) to prepare an agenda for creation of a conducive atmosphere in Geneva to ensure smooth functioning of the global trade body, a top government official said. It would be an informal group within the WTO, which may also include countries such as Brazil, China, South Africa, China, Indonesia and Columbia.

GST won’t stop oil price fluctuations: Sanyal

The inclusion of petroleum products under the Goods and Services Tax (GST) will not prevent price fluctuations as India is a massive importer of crude and domestic prices will reflect global price movements, said Sanjeev Sanyal (in pic), principal economic advisor in the finance ministry.

Govt plans to reward oil cos with additional exploration rights

The government proposes to reward oil and gas exploration companies such as ONGC, Reliance, BP and Cairn Oil and Gas with permission to extract unconventional hydrocarbon sources like gas hydrates, CBM, shale oil and gas from their operational blocks awarded under NELP and pre-NELP rounds.

SC refuses CBI probe into WB BJP workers death

The Supreme Court today refused to entertain a plea seeking a CBI probe into the recent killing of two BJP workers in Purulia district of West Bengal after panchayat polls.

A vacation bench of Justices A K Goel and Ashok Bhushan asked the petitioners to approach the Calcutta High Court for the relief.

Advocate Gaurav Bhatia, appearing for petitioners, said that it is a serious matter as the killing of BJP workers have taken place after the panchayat polls in Purulia district.

AAP raising full statehood demand to cover up failures of its govt: Maken

Delhi Congress chief Ajay Maken today claimed that the AAP government was raising the demand for full statehood to hide its "failures" to perform and said the people should take a decision on the issue.

He also demanded that the Arvind Kejriwal government to come out with a 'White Paper' to tell the Delhi people the benefits and drawbacks of full statehood.

The AAP government has called a three-day special session of the Legislative Assembly to discuss its demand for full statehood.

Govt serious about PM's security: Rajnath

The government is serious about the security of Prime Minister Narendra Modi, Home Minister Rajnath Singh today said, amid reports of an assassination plot by Maoists.