Joint committee cuts timeline from 60 to 45 days; suggests shield for employees Those filing for bankruptcy could find their assets in other countries assessed under Indian laws, if India implements the suggestions made by a parliamentary joint committee on the bankruptcy code. The joint committee on the insolvency and bankruptcy code has said since 'many corporate transactions and businesses today involve an international and cross-border element, the implications of ... Rediff.com, 3 weeks ago
‘The current prime minister delights in confrontation; his government is deliberately provocative.’ ‘As of now, there is zero chance of the GST getting passed in this session.’ ‘People seem to be underestimating the Congress’ resilience factor. We are like the Indian elephant: we take time to move.’ Congress spokesperson and Rajya Sabha member Jairam Ramesh tells Kavita Chowdhury that since the attitude of the ...Rediff.com, 1 month ago
A Parliamentary panel has rapped the government for its failure to prevent the Pathankot terror attack, saying ‘something is seriously wrong’ in the country’s counter-terror establishment and the airbase’s security was not robust. In its 197th report, Parliamentary Standing Committee on Home Affairs also observed that the role of Punjab Police is also very ‘questionable and suspicious’ during the January 2 terror attack. The panel said it has failed to ...Rediff.com, 3 weeks ago
Opposition does not stall legislative agenda; Upper House passes two bills. Kavita Chowdhury and Archis Mohan report. It was a day when Bharatiya Janata Party chief Amit Shah launched a direct attack on Congress counterpart Sonia Gandhi on the AgustaWestland issue. The Congress attacked Shah for “irresponsible statements” but, for a change, chose not to obstruct legislation in Parliament. The Rajya Sabha, where the government is in a ...Rediff.com, 3 weeks ago
IMAGE: Chief Justice of India T S Thakur breaks down during his speech at the Joint Conference of Chief Ministers and Chief Justices of High Courts in New Delhi on Sunday. Photograph: ANI An emotional Chief Justice of India T S Thakur on Sunday lamented ‘inaction’ by the Executive to increase the number of judges from the present 21,000 to 40,000 to handle the ‘avalanche’ of litigations even as Prime Minister Narendra Modi assured him of his government’s resolve ...Rediff.com, 1 month ago
'We are in favour of reasonable taxation'. 'Raising gross domestic product growth above 7-8% would be a challenge.' 'Unions should understand the importance of job creation'. The National Democratic Alliance government at the Centre will complete two years in office in 10 days. Finance Minister Arun Jaitley -- in his first interview since the passage of the Union Budget -- indicated the next big challenge would be implementation of infrastructure and a renewed rural focus, especially in ...Rediff.com, 1 week ago
The Centre needs to have dialogue with the Opposition instead of letting politics come in the way; it needs to stoop to conquer, says Aditi Phadnis. Will the National Democratic Alliance (NDA) government now use the Money Bill route to get Parliament - more to the point the Rajya Sabha where it does not have a majority - to clear legislation? The fact is, getting all Bills to be classified as Money Bill to circumvent the Rajya Sabha could be a stretch. Under Article 110(1) of the Constitution, ...Rediff.com, 2 months ago
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