Reserve Bank of India will transfer a Rs. 50,000 crore profit as a dividend to Government of India for financial year ending March 2018. Not just the profit, RBI does not need these funds as it is one of the top most capitalised banks in the world – what a thought!
This profit would be one of the highest ever profits given to the government – the financial community was expecting much less than this. So this is wonderful news for the government which would use these funds to further help public sector banks reduce their losses and help fund more infrastructure investments…
- 10 Aug 2018
Till now, almost all government of India and even state level jobs are taken by those in the civil service ranks. They have taken the civil service exams in their 20s and generally with time get promoted and get senior positions, some out of turn through influence and some out of merit. Now Government of India wants to bring in talented senior executives directly into senior positions such as at the joint-secretary level. This is a great move for India but obviously create even more shocks for the civil service who look forward to getting into these plum and influential senior positions. No doubt there will be resistance but if it good for India, we should go ahead…
Source: Times of India
- 15 Jun 2018
Starting 2018, Government of India has stopped the nearly Rs. 1,000 crore annual Haj subsidy that was used to support the nearly 1.75 lakh Muslims – both men and women to complete the once in a lifetime Haj pilgrimage. This subsidy will now be used for the education empowerment and welfare of girls and women of the Muslim Community – another great development to assist in progress of this community. Some complain that the subsidy was used to support Air India’s high ticket prices. But whatever one may say, this government subsidy was critical in lowering travel costs and assist those with lower income levels to complete this pilgrimage. With the end of this subsidy, could we expect more support by the richly endowed AIMPLB (All India Muslim Personal Law Board), the many Waqf Boards around the country and even well to do Muslim to support their community for this pilgrimage?
Source: Zee News
- 17 Jan 2018
Supreme Court almost came to passing a judgement to ask the Government to not deport the nearly 1 lac Rohingyas Muslims who entered India illegally. This was till Government of India’s lawyer asked them not to pass any judgment due to larger consequences.
Firstly, several people feel that it is not appropriate for the SC to get involved in matters which are in the domain of the executive (the Government of India) and secondly asking this country with so many problems to house illegals only means it would encourage lakhs and millions more to enter India.
Also, Rohingyas – several but not all are involved in terror activities. It is reported that hundreds of bodies of Hindu men, women and children were found near Rohingya villages in Burma, and Indian Army feels it points to Rohingya terror. There are news reports that some Rohingyas have obtained an Aadhar card – and it won’t be long before all somehow get it.
So you can now look forward and imagine all the consequences we can expect to face due to this inappropriate near judgment by our Supreme Court…
Source: The Hindu
- 16 Oct 2017
After 70 years, Government of India authorized the issue of authentication certificate to the stateless former citizens of West Pakistan. They live in pathetic refugee conditions and were not able to apply for jobs in central government or armed forces. The new certificate give them identify and legitimacy to take on a more normal life. So what happened? The separatists of Kashmir, all Sunni Muslims started protesting – why? They said this is Anti-Kashmiri and Anti-Muslim, and these actions will lead to losing Muslims losing their majority status in the state. There is no humanitarian concern for the Sikh or Hindu refugees. Let the central government stay firm and implement its decision and help these helpless people after 70 years to lead a more normal life.
Source: The North Lines
- 29 Dec 2016
The fight between the Government of India and the Supreme Court is building up. India’s judiciary, especially the Supreme Court seems to be hyperactive, and in the view of several people stepping into executive decisions. Further, the Supreme Court also struck down the parliament passed National Judicial Appointments Commission (NJAC) Act as being constitutional but has not developed any alternative procedures that would provide transparency. The latest is the Supreme Court insisting on appointing judges who have had adverse intelligence reports or serious nature of complaints. Should Supreme Court be subject to review by the larger public or are they not subject any scrutiny whatsoever?
- 28 Nov 2016
It is true – PM Modi called an Tripura IAS officer at 10pm to request his help. PM Modi apologized to the Tripura IAS officer as he was calling at 10 PM in the night, but said that the matter was serious in Tripura and requested the officer’s help to oversee the highway re-construction from the very next day for the fastest completion, with the further assurance that all resources would be provided by Government of India.. PM described to the officer the alarming situation of national highway NH208, the only link between Tripura and the rest of India had been badly damaged. So what was this officer’s reaction when told that the PM wanted to talk to him – no surprise, “his brain froze for a few seconds and legs started shivering”.
Source: Zee News
- 30 Aug 2016