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Showing posts from January, 2019

Lokpal

A lokpal is an anti-corruption authority or an ombudsman who represents public interest. What differentiates lokpal from other agencies is that all the government bureaucrats and politicians including the Prime Minister comes under his ambit. While Lokpal is at central level, it is called Lokyukta at state level. The Lokpal and Lokyukta Act commonly called as Lokpal Act came into act after the President ratified the bill in April 2014. Under the act, a search committe is to be formed by the government comprising members from diverse fields and also with ample representation from SC and ST caste. They should collectively appoint a chairperson and members of Lokpal. But since then, the appointment has been deferred for multiple reasons. But most of the reasons look flimsy and the government should have atleast hastened the process after a supreme court intervention in 2017, asking the govt to expedite the process. In the due course of time, an ammendment has also been made removing the ...

Economic growth

  India’s GDP is expcted to grow at 7.2% this year after ending at mere 6.7% growth in the last fiscal year which was effected by the double whammy of “demonetization” and “Introduction of GST”. The manufacturing and construction sector is expected to pick up at a pace of around 9% growth after strangling at 6% last year. But the Central Statistics Office (CSO) is being pessimistic regarding the growth in the second half of this fiscal year. Investment spending, which has always been the aiding factor for economic growth might also be stagnant with the elections around the corner. All the hefty investments will hold back as there is an uncertainity of the  power at the centre and hence the rules imposed thereafter. The government, in an attempt to boost economic growth may dwelve into over spending on populist schemes. But it should be strictly avoided as the government has already exceeded fiscal deficit by 15%, and any further increase could only bring negative consequences...

CBI and Trump!

The Shutdown! It’s been three weeks since the USA has been under shutdown  with neither of the political sides backing down. As many as 8 lakh government employees have been furloughed without pay. Trump has put down the recent negotiation, reinstating that he would not lift the shutdown until the Congress agrees to fund the proposed 5.7 billion dollars for his wall and also threatened to impose emergency if this exigency doesnt die down.  CBI- government tussle! The hasty and unsatisfactory decision to remove Alok verma as the head of CBI, and transferring him to another department of though same rank, has once again raised concerns over the autonomy of the CBI. Though a committe headed by PM Modi has been convened as per the directive of supreme court, it is disheartening that the CBI head has not been given a chance to present his case.