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The Delhi High Court Monday directed the Comptroller and Auditor General (CAG) to submit its audit report on 25 elite private schools that had complained of facing a financial burden because of having to pay teachers higher salaries recommended by the 6th Pay Commission. Justcice A.K. Sikri and Justice Siddharth Mridul said: ‘CAG will have to submit its audit report by March 18. The Delhi government grievance department should also give us the details of complaint they have received from parents regarding fee hike issue in a year or two.
The government proposes to complete the exercise for passage of general budget for 2011-12 in Parliament by March 24, Parliamentary Affairs Minister Pawan Kumar Bansal said today. Finance Minister Pranab Mukherjee will initiate the discussion on the budget in the Lok Sabha tomorrow and will reply on the debate on Thursday, Bansal told reporters here.
Recovering from the global slowdown, the Indian Economy is geared up to achieve the GDP growth rate of 9 percent for 2011-12 on the basis of positive momentum in savings, investment rate and increasing investment in infrastructure. However, there is a soaring task in front of the Government to overcome from the crisis of elevated inflation rate on account of higher food, crude oil prices and poor implementation of the policy measures. The Finance Minister would thus need to strike a balancing act in insulating the aam aadmi from the higher inflation and at the same time keep the momentum going for the successful Indian growth story ahead.
After the issuance of Annual Supplement of the Foreign Trade Policy 2009-14, the Government maintained a close watch on the exports, especially of those sectors, which were badly hit by recession in the developed world. The Government observed that while the exports have generally shown a rising trend during last few months, certain sectors were still not performing well. To enhance competitiveness for products which are labour/ technology intensive, the Government has announced further export incentives to more than 600 products. Certain procedural simplifications have been announced to help trade facilitation and reduction of transaction costs. Special initiatives for pharmaceutical sector were also announced.
The CBI today searched the residence of suspended Prasar Bharti CEO Mr BS Lalli after registering a case against him and others for alleged irregularities in the award of broadcasting rights of Commonwealth Games that reportedly resulted in a loss of Rs 135 crore to the exchequer. The case was filed against Mr Lalli, director of Zoom Communications Mr Wasim Dehlvi and others under relevant provisions of the Prevention of Corruption Act and Indian Penal Code late last night, official sources said.
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein has agreed to testify for the US government at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam, according to a media report.
Telecom Minister Kapil Sibal is likely to meet industry players on Tuesday in order to reach a consensus on issues, including licencing, spectrum allocation, spectrum sharing and mergers and acquisition.
Less-than-expected pay as well as lack of growth opportunities at work place are driving many employees in India to look out for new jobs, says a survey. According to global technology and consultancy giant Accenture, about 37 per cent of employees surveyed by it are looking for job opportunities outside the company.
The Central Vigilance Commission (CVC) disposed of 668 cases during January 2011 referred to it for advice. Of these, 518 complaints were sent for necessary action/ATR whereas 27 complaints were sent for investigation and report. No action was required on 81 complaints.
Indian Citizens who applied for Passport in India Can now check their Passport Status online. We are giving below a link where the Applicant have to Selce City, enter File Reference No. and Select Year of Registration and his status will appear on the website. Link to know the Passport Status is as follows:- My Passport status