Plan and Policy

Plan & Policy

FY19 divestment target likely to be raised to Rs 1L cr

Emboldened by the response to disinvestment exercise in this financial year, the government is planning to raise the sale-off target by 40 per cent to Rs 1 lakh crore in the next budget.

Sources privy to discussions on the 2018-19 budget target of disinvestment said the market and investors have supported sale-off rationale and the government would like to encash that.

Diamond exports up 1.29%, imports 5% in April-November

India’s exports of cut & polished diamonds jumped 1.29 per cent while imports climbed 5 per cent during the April-November period on strong demand, data published by the Gems and Jewellery Export Promotion Council (GJEPC) showed.

“Strong festive demand from Western countries kept export and imports of diamond up,” said Stawan Ajmera a Mumbai-based diamond trader.

LS passes by voice vote bill making triple Talaq illegal

The Lok Sabha on Thursday passed the hugely contentious bill that criminalises instant triple talaq and makes it punishable by up to three years imprisonment for the husband, a development hailed by the government as “historic” but disapproved of by a section of the opposition.

The Lok Sabha passed the Muslim Women (Protection of Rights on Marriage) Bill by voice vote after rejecting a string of amendments moved by opposition members.

Pak army to get over 1,000 acres for new GHQ

Pakistan’s ar­my, which is planning to shift its general headqua­rters (GHQ) from Rawal­pindi to Islamabad, will soon get over 1,000 acres of land in the capital city, according to a media report on Wednesday.

The plan to shift the GHQ was shelved in 2008-09, at the instructions of then army chief Gen Ashfaq Pervez Kayani, due to financial constraints.

The army now wants possession of the land at the earliest so construction work can be started and the army headquarters can be moved to the federal capital, Dawn reported.

Pak sends shoes of Jadhav’s wife for forensic examination

Pakistani authorities have sent the shoes worn by Kulbhushan Jadhav’s wife for forensic examination to determine the nature of the suspected presence of a foreign object, a media report on Wednesday said.

The authorities were ascertaining whether the “metallic object” in the sh­o­es was a camera or a rec­or­ding chip, Pakistan Today quoted foreign office spok­esperson Mohammad Fai­sal as saying.

Jairam Thakur takes oath as Himachal CM

JaiRAM Thakur was on Wednesday sworn in as the 14th chief minister of Himachal Pradesh along with 11 other ministers at a ceremony at the historic Ridge Ground here.

Governor Acharya Dev­vrat administered the oath of office and secrecy to the 52-year-old Thakur, a five-time MLA from Seraj, and other ministers which included six new faces.

Now, Hegde remark stalls Parliament

An aggressive opposition on We­d­nesday forced two adjournme­nts in the Rajya Sabha protesting the controversial remarks made by Union minister Anantkumar Hegde on secularism and changing the Constitution, even as the government distanced itself from the issue.

“Members have express­ed concerns to which we would like to emphasise that the government is committed to the Constitution. The minister has given a statem­ent but we do not subscribe to those views,” minister of state for parliamentary affairs Vijay Goel said during the question hour in a bid to assuage the Opposition.

IT firms fleecing freshers: Pai

Big Indian information tec­h­nology (IT) companies ha­ve formed a cartel to keep salary of entry-level engine­ers low, alleged industry veteran TV Mohandas Pai, raising a strong pitch for a better deal for freshers.

He agreed with Infosys co­-fo­under NR Narayana Mu­rthy, who said in the last 7 years, salaries of freshers in the software industry have stayed stagnant, while the sa­me for senior-level empl­oyees have grown multi-fold.