Plan and Policy

Plan & Policy

NSA Ajit Doval interfered in probe, CBI officer tells SC

CBI deputy inspector general MK Sinha on Monday made and an explosive allegation that National Security Adviser (NSA) Ajit Doval (in pic) interfered in the probe against CBI special director Rakesh Asthana, and junior minister in the Modi government Haribhai Parthibhai Chaudhari was bribed by a middleman for helping him in dealing with the central probe agency.

SC rejects Dalmia firm’s plea against rejection of its bid for Binani Cement

The Supreme Court on Monday rejected the plea of a Dalmia Bharat Group firm, which challenged the National Company Law Appellate Tribunal (NCLAT) order allowing rival UltraTech Cement to acquire debt-ridden Binani Cement.

The NCLAT had earlier approved UltraTech’s resolution plan for Binani Cement and rejected the resolution plan submitted by Rajputana Properties, an entity owned by Dalmia Bharat Group, by terming it ‘discriminatory’ and ‘unbalanced.’

Christian Michel one step closer to extradition

In a major boost to India’s efforts to seek the custody of British middleman Christian James Michel, wanted in the AgustaWestland VVIP helicopter corruption case, Dubai’s highest court has cleared the decks for his extradition.

As per the order of the Dubai Cassation Court on Monday, the two objections against Michel’s extradition were dismissed. The court also considered the possibility of Michel’s extradition to Indian competent authorities. The British businessman, however, can move the ministry of justice in UAE against his extradition.

Instant financial support for MSMEs

The Pradhan Mantri Mudra Yojana (Mudra) was launched in 2015 to provide collateral-free micro loans to micro enterprises/units involved in manufacturing, trading and services sectors, including allied agricultural activities, subject to a maximum limit of Rs 1,000,000. Under Mudra, there are three categories of loans: ‘Shishu’, ‘Kishor’ and ‘Tarun’ signifying the funding needs of the micro enterprise: Shishu (Upto Rs 50,000), Kishor (Rs 50,001 to Rs 500,000), Tarun (Rs 500,001 to Rs 1,000,000).

3 dead in grenade attack on Nirankari congregation in Amritsar

Three persons including the main preacher were killed and 20 injured in a grenade attack on a religious congregation here on city outskirts on Sunday, an incident which the police are treating as a “terrorist act”. The incident took place inside the Nirankari Bhavan at Adliwal village near Amritsar’s Rajasansi, police said.

BharatNet failure: BSNL passes blame on BBNL

Cutting flak from the department of telecom (DoT) over gaps in maintenance of BharatNet infrastructure, the BSNL has given a strong reply to the DoT putting the onus of the failure on Bharat Broadband Network Ltd (BBNL) and asserting it is this entity that should be questioned for the mismanagement.

Modi to meet India Inc on ease of doing biz today

Prime minister Narendra Modi will chair a meeting with top industrialists and policy makers on Monday to brainstorm on measures required to realise his vision of India breaking into the top 50 in the World Bank’s ease of doing business index, sources said.

CAG conducting performance audit of GST

The Comptroller and Auditor General of India is conducting a performance audit of the goods and services tax and is likely to finalise its report soon. The performance audit report on implementation of GST could be tabled in Parliament as early as in the forthcoming winter session beginning December 11, according to sources.
The audit aspect would include registration, refund, input tax credit, transition credit mechanism, ease of payment of taxes and the impact on the economic activity, sources said.

DoT to take up further policy reforms for high digital goals: Secretary

Department of Telecom (DoT) will undertake further reforms on the policy front to create ease of doing business in India. As part of that, it will also address the call drop menace, unveil a roadmap of digital readiness index and an initiative of ‘Fibre First’ while making strong efforts to stick to the BharatNet completion deadline of March 2019 in view of recent challenges, DoT secretary Aruna Sundararajan (in pic) has said.