Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

19 Sep 2013 / 0 Comments

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate Subbarao who left this mess created by few stupid political economists," Raghuram Rajan found telling the sweeper who came to clean up the

Read More...

Political News
Business

Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate ...

Kapil Sibal’s wife threw him out of house over rising onion prices

According to sources, Telecom Minister Kapil Sibal's wife threw him out of his house for entire night yeste...

Economy

Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate ...

Kapil Sibal’s wife threw him out of house over rising onion prices

According to sources, Telecom Minister Kapil Sibal's wife threw him out of his house for entire night yeste...

Entertainment
Society

Matrimonial sites to offer health insurance

Indian matrimonial sites such as shaadi.com, bharatmatrimony.com and jeevansaathi.com are planning to offer ...

Sports News

Hansie Cronje plans to return to earth as match fixing rates sky rocketed

Former South Africa Cricket Captain and banned cricketer in match fixing saga in early 2000s, Hansie Cronje ...

Analysis: Why BCCI ideally needs to be involved in match-fixing?

Analysis of the India Satire Research Bureau suggests that there is every reason for BCCI to benefit from I...

BCCI’s new plan to clean up IPL will take care of players not getting caught in spot fixing again

BCCI's new 12-point IPL cleanup plan considers all steps to guard cricketers from getting caught in match ...

World News

China’s encroachment comes under Free Land Intrusion Scheme; it can also take benefits of new Land Acquisition Bill – AK Antony

India's Defence Minister AK Antony confirmed that China's encroachment in the Indian border of 640 sq km are...

Courageous Rahul Gandhi plans his next holiday weekend in Syria

Rahul Gandhi to take a look at Syrian conditionsCongress Vice President Rahul Gandhi has decided to spend his...

US chemical weapons ready to strike Syria

US said it is ready to strike all its new range of chemical weapons on Syria. The country released its offic...

Opinion

Mahatma Gandhi deeply concerns over current fall in the rupee

Father of the nation, Mahatma Gandhi saddened after reading the current fall in the rupee in 'Earth Weekly'....

Interview
Media
Columns
Business
Published On:Thursday, 6 December 2012
Posted by Diggy Chacha

Happy with FDI in retail success, the Government plans to bring Anti CAG Bill in the Parliament

After overwhelming support from the Samajwadi Party and Bahujan Samaj Party, the UPA plans to continue its run and will probably introduce Anti CAG Bill in the current session.

"The government is seriously considering introducing Anti CAG Bill which would slap a notice of defamation without reason on the Comptroller and Auditor General of India, whatever reports he present," said a source which is closed to the development.

He said "The Bill will include a fine of Rs 5 lakh for each allegation that CAG makes on the Government representatives. The CAG will have to pay the fine at personal capacity. Further, the CAG will have to compulsorily audit main Opposition Party whether or not involved in any activity with targeted allegations of 1 per Parliamentary session."

The government which is really irritated for at least 1 allegation that came through CAG report, as it led to a departure of many innocent ministers such as A Raja, Suresh Kalmadi and almost many who were on the verge of the departure such as Prime Minister Manmohan Singh himself. The government will try to use the hot climate created after the win in passing FDI in retail.

"We are sure that somehow we will manage to get rid of CAG," said Salman Khurshid, India's External Affairs Minister.

He said "It is damn irritating to face the association everyday."

The source said that it would take hardly one day for Standing Committee to approve the Bill and Parliament would definitely welcome such Bill as everybody is aspiring to become the next Prime Minister.

"We are confident enough of SP and BSP's support," said the source.

Main Provisions in Anti CAG Bill

  • At least one report on main Opposition Party each session to conduct Parliamentary sessions smoothly
  • Small parties such as SP and BSP should get adequate care as CBI will look after them
  • No report should be made on Government's workings. Bureaucracy is a slow moving process, no need to tell about that to CAG.
  • Every small allegation on Government's working process would attract a fine of Rs 5 lakh while large allegations would have Rs 10 lakh. The fine amount would be used to reduce fiscal deficit.

04:29. Filed under , , .

0 comments for "Happy with FDI in retail success, the Government plans to bring Anti CAG Bill in the Parliament"

Leave a reply