Ex-Finance Secretary booked in graft case
Summary:
The Central government made a deal with a company called De La Rue in 2004 to supply special thread for money that changes color for security. This deal was supposed to last for 5 years but was extended 4 more times until December 31, 2015. The government says that De La Rue did not have the rights to make this special thread when they were picked for the job in 2004. The government also says that a man named Mr. Mayaram, who was in charge of the deal, did not tell the right people about this and approved the deal being extended even though it was not supposed to be. The Central Bureau of Investigation (CBI) is now investigating and believes that Mr. Mayaram and the company De La Rue did something wrong and caused the government to lose money.
Old pension scheme cover for all CAPF personnel: HC
Summary:
The Delhi High Court has ordered the Indian government to give the benefits of the Old Pension Scheme (OPS) to all personnel of the Central Armed Police Forces (CAPFs) whose recruitment process started before January 1, 2004, but who may have joined the force at a later date. This means that the benefits will also apply to those CAPFs personnel who did not go to court to ask for it. The court made this decision while looking at a group of 82 petitions filed by personnel of the CRPF, SSB, BSF, CISF and ITBP. The court noted that at the time of the recruitment process, the OPS was in place and that the government should have followed it.
EDITORIAL
Entering a year of uncertainty
Summary:
In 2022, there were many geopolitical challenges and risks that no one predicted. One of the major events was the conflict between Russia and Ukraine, which caused a big shift in population and upset the existing order. Some experts say that this could have been anticipated because Russia had started building up its military around Ukraine in the previous year. The West, including NATO and the U.S., quickly supported Ukraine. This is similar to what happened during World War I in 1916, when the risk of escalation was underplayed. There is a possibility that this conflict could escalate and lead to the use of nuclear weapons, opening new fronts, and causing dangerous outcomes. Additionally, there are economic fallouts from the conflict, such as an energy crisis, a proxy war between the U.S., Europe and NATO, and Russia, and deepening strategic ties between China and Russia. This is leading to an increase in defence spending by many countries, which could change the nature of defence relationships and the current world order.
Governance is the casualty in the conflict between CM and LG in Delhi
Summary:
The Aam Aadmi Party (AAP) recently won an election in the Municipal Corporation of Delhi (MCD) but it has caused problems between the elected government and the Lieutenant Governor. The Lieutenant Governor is appointed by the President of India and has more power than other governors in India. The elected government, led by Chief Minister Arvind Kejriwal, has accused the Lieutenant Governor of ignoring the Council of Ministers and issuing orders to the bureaucracy directly on all matters, which is against the rules established by the Supreme Court. This has caused a dispute between the Lieutenant Governor and the elected government, which is impacting governance in the national capital. The Supreme Court is currently examining the question and trying to resolve the problem.
Will the Budget be populist or fiscally responsible?+
Summary:
The conditions today are different from what they were in 2019 or 2014. There is not much space to spend in the Budget because there is a high fiscal deficit and pressure to maintain fiscal prudence. There may be targeted cash transfers and social security measures to tackle inflation, but the government's ability to push forward economic growth is restricted. The government may not be able to accelerate GDP growth through the Budget and growth may have to come from the private sector. In terms of structural reforms, the government's track record since 2014 has been mixed.
A Governor and a Chief Minister at loggerheads
Summary:
The Tamil Nadu Governor and Chief Minister had a disagreement about what should be said in a speech. The Chief Minister wanted certain things said and the Governor didn't. The Constitution says the Governor can make decisions but usually follows the advice of the government. Sometimes the Governor and government don't agree and it causes problems. Some experts suggest having non-political Governors chosen in a different way to avoid conflicts.
Under Constitution, law declared by the Supreme Court is binding on all
Summary:
The Vice-President of India, Jagdeep Dhankhar, publicly criticized a Supreme Court ruling that upheld the Collegium system of judicial appointments. This system is in place to appoint judges in the higher courts of India. The Supreme Court has said that its rulings are the law of the land and that all other courts, including itself, must follow these rulings. Article 141 of the Constitution states that a law declared by the Supreme Court is binding on all courts. The Supreme Court has recently told the government and high constitutional authorities that it is important to follow the law as laid down by the court, otherwise sections of society may decide to follow their own course. The Vice-President had said that the ruling on the NJAC diluted parliamentary sovereignty and that he did not agree with the ruling.
Minority notification: Centre submits views of States to SC
Summary
The Delhi government has suggested that Hindus who have moved to the national capital from places such as Jammu and Kashmir and Ladakh where they are a religious minority, should be granted "migrated minority" status. This is a part of the views collected by the Centre from 24 States on whether religious and linguistic minority communities should be identified and notified by the Union or the respective States and submitted to the Supreme Court. Muslims, Sikhs, Christians, Buddhists, Jains and Zoroastrians (Parsis) have already been notified as minority communities under a law called the National Commission for Minorities (NCM) Act, 1992.
₹4,957-crore bank fraud case against Infra firm
Summary:
The CBI has started a case against a company named Pratibha Industries Ltd, its leaders and others for allegedly tricking a group of 17 banks out of 4,957.31 crore. The company's loan accounts were labeled as non-performing assets on December 31, 2017. The accused are accused of diverting large amounts of money from the company to its related parties and subsidiaries and then having these advances written off. They are also accused of entering into fake sales and purchase transactions in order to inflate the company's turnover. Searches were conducted at four locations.
Russian forces press deadly assault for breakthrough in east
Summary:
The Russian government has announced that their forces are nearing the capture of a town in eastern Ukraine called Soledar. This would be a big victory for the Kremlin, but it would come at the cost of many Russian casualties and a lot of destruction in the town. The governor of Ukraine's Donetsk region has said that over 100 Russian troops have been killed in the battle for Soledar in the past 24 hours. The Russian forces are using weapons like mortars and rockets to try and capture the town and have been trying to do so for nearly 11 months with no end in sight. If they are successful, it would be a big victory for the Kremlin, but it would also give them a platform to try and capture other areas.