PNB fraud case: The virtual heist that companies controlled by diamantaires Nirav Modi and Mehul Choksi appear to have carried out has embarrassed the govt that claims to provide scam-free governance. RBI had described the PNB fraud as “a case of operational risk arising on account of delinquent behaviour by one or more employees of the bank and failure of internal controls”.
Under Arvind Subramanian, the Economic Survey was elevated to an altogether different level as it introduced new concepts such as “Twin Balance Sheet (TBS) problem” and the “JAM agenda” to describe both threats and opportunities in the Indian policymaking arena.
After the session concluded, Ghulam Nabi Azad, Leader of Opposition in Rajya Sabha, offered to agree to the penal provisions in the Bill, provided it is insulated from outside interference and has a mechanism for subsistence allowance.
The BJP govt was sensitive to the fact that the slump in the commodity prices of groundnut and cotton, as well as the inconvenience caused by the GST, was hurting a large section of the population in Gujarat, Shah said.
The Central government needs to constitute the 15th Finance Commission to recommend the sharing of resources between the Centre and the states as well as among states from the divisible pool for the five years from April 2020 to March 2025
Apart from countering Rahul’s GST-related attacks and mocking the Congress’s negotiations with new-age leaders such as Hardik Patel, BJP leaders have made Rahul’s temple the target of a consistent attack in the last one month.
The use of cryo-electron microscopy, developed separately by the Laureates, allows biomolecules to be frozen mid-movement, and to be portrayed at atomic resolution. This technology, the Nobel Committee said, ‘has moved biochemistry into a new era’.
The proposal also argues that “re-naming” Nehru Yuva Kendra Sangathan as National Yuva Kendra Sangathan won’t change the acronym NYKS and so will protect the “brand that it has painstakingly built over last three decades”.
Piyush Goyal, who was in charge of Power, has got Railways and will continue to handle the Coal portfolio. Dharmendra Pradhan, who continues to handle Petroleum, has been given additional charge of Skill Development. Nirmala Sitharaman was given Defence.
The elevation of Sitharaman, Goyal and Pradhan brings them in the league of other leaders under 60 years of age, such as Nitin Gadkari, J P Nadda and Smriti Irani, in the Union Cabinet and furthers the BJP’s plan of political promotion for its third generation of leaders.
JD(U) leader and Chief Minister Nitish Kumar claimed in Patna that there had been “no such talk of the JD(U) joining the Union Cabinet”. “No talks were held on the issue (between the BJP and JD-U),” he said.
The first indication of the cabinet reshuffle came late afternoon when junior HRD Minister Mahendra Nath Pandey was named as the BJP's Uttar Pradesh unit chief by Shah. Pandey, therefore, is set to exit the Narendra Modi government.
Demonetisation: A scrutiny of RBI’s earlier provisional disclosures and the government’s structured public remarks reveal a pattern: aware that much of the money would return, the government and the political establishment kept shifting the goalposts.
"Any one party walking out of the proposed alliance due to last-minute hiccup over seat-sharing will be branded as being hands in glove with BJP. That will bring discredit to both the alliance and the party walking out. That’s another reason the contours of alliance need to be fixed.”