GS-III

Allows govt. to borrow Rs. 98.18 lakh crore for 2019-20 The Lok Sabha on Wednesday passed the Appropriation (No.2) Bill-2019 allowing the Union government to withdraw Rs. 98.18 lakh crore from the Consolidated Fund of India to meet its expenditure during 2019-20. The Bill, moved by Finance Minister Nirmala Sitharaman, …

Says govt. will identify infiltrators Answering a question on the National Register of Citizens (NRC), Home Minister Amit Shah told the Rajya Sabha on Wednesday that his government will ensure that all the illegal immigrants are identified and deported. Mr. Shah was replying in the Rajya Sabha to a supplementary …

The demographic change India is going through, coupled with the banking infrastructure being put in place, stands to greatly increase savings in the country, Chief Economic Adviser Krishnamurthy Subramanian said on Tuesday. Mr. Subramanian also said India needs to move out of the mindset of being apologetic for profit, as …

Regulator probing alleged fund siphoning by promoters The ongoing regulatory probe into the alleged siphoning off of funds by the promoters of Leel Electricals, formerly Lloyd Electric and Engineering Ltd., is getting delayed as the company officials are allegedly not cooperating in the forensic audit process, which has been mandated …

Industry will witness many landmark disruptions, says MRF Tyre major MRF Ltd. expects the current year to be a tumultuous one for the auto sector on account of various regulatory changes and the switch over to BS-VI norms. “The next six months would see a volatile auto sector on account …

Amendment restricts AAI from fixing tariffs for private airports The Rajya Sabha on Tuesday passed a Bill to amend the Airports Economic Regulatory Authority of India Act, 2008, whereby the Airports Authority would not determine tariff structures in the case of privatised airports as that was part of the bid …

The Rajya Sabha on Tuesday passed the Central Universities (Amendment) Bill, 2019, for establishing a Central University and Tribal University in Andhra Pradesh. HRD Minister Ramesh Pokhriyal “Nishank” assured the House that the universities would be set up in the next four years. The Lok Sabha had cleared the Bill …

Asks States to set up common treatment and disposal facilities, if not done yet The National Green Tribunal (NGT) has directed all States and Union Territories to furnish a report on the amount of biomedical waste generated and asked them to set up common treatment and disposal facilities, if not …

As the International Court of Justice (ICJ) at The Hague prepares to deliver its verdict in the Kulbhushan Jadhav case on Wednesday, the government is pinning its hopes on two precedents, both in cases against the United States in 2001 and 2004, when the ICJ ruled for a review and …

Scheme to ensure fresh producefor children It takes a powerful SUV almost nine hours on non-rainy days to cover 296 km from Mizoram capital Aizawl southward to Lawngtlai, headquarters of the State’s remotest district Lawngtlai bordering Bangladesh and Myanmar. Loaded commercial vehicles take much longer, and those carrying perishables mainly …