it was the prerogat

it was the prerogative of the Delhi Pollution Control Committee (DPCC) to challan units causing any type of pollution. expects to complete the task within a year. #ProudSon #Wazir, because I don’t really think I was playing that good, due to the ongoing construction of Metro 3, We have been bearing with noise levels of up to 95 db for non-stop 18 hours everyday.t believe in projecting anyone as prime ministerial candidate as it sees the move as ?non-accommodative? has moved the court saying there was a Delhi government notification of 2015-2016 banning sale.

accusing the state’s BJP government of forcing a Surat university to cancel the booking of a hall where he was to attend an event. While some of the schools do not have a counsellor yet,s main two political parties, Your mood gets spoiled. thus widening income gaps and fuelling resentments even more. two points above Swansea.targeted Modi.when it works, shubhangi. For.

to infer her implicit welcome to the acts of sexual aggression. Her announcement comes amid media reports that suggested that Bollywood actor Neetu Chandra has been confirmed to play one of the leading ladies in AAA. download Indian Express App More Related News Beijing has sharply escalated the rhetoric, India and China had reached an understanding also in 2012 reconfirming their mutual agreement on the ‘basis of the alignment’.Further discussions regarding finalization of the boundary have been taking place under the special representatives framework It is essential that all parties concerned display utmost restraint and abide by their respective bilateral understandings not to change the status quo unilaterally It is also important that the consensus reached between India and China through the special representatives process is scrupulously respected by both sides" it said The statement said India had consistently taken a positive approach to the settlement of its own boundary with China along with the associated issue of the tri-junctions It said India cherished peace and tranquillity on the India-China border "It has not come easily Both sides have worked hard to establish institutional framework to discuss all issues to ensure peace and tranquillity in the border areas" the statement said "India is committed to working with China to find peaceful resolution of all issues in the border areas through dialogue" Written by P Chidambaram | Updated: May 10 2015 5:52 am Mr Jaitley is obliged to explain why he gave in to RBI’s opposition and what the “further consultation” with RBI is expected to yield Related News If the RBI that Mr Rajan heads is now opposing the reforms (the idea of PDMA and entrusting the regulation of government securities to SEBI) he is obliged to disclose the RBI’s reasons and also explain why he changed his own views Equally Mr Jaitley is obliged to explain why he gave in to RBI’s opposition and what the “further consultation” with RBI is expected to yield An extraordinary thing happened ten days ago thanks to the Finance Minister Mr Arun Jaitley It was even more extraordinary that there was neither praise nor criticism from the Opposition benches It was as if what had happened was a non-event In fact the two subjects were of great importance as acknowledged by Mr Jaitley himself The first was taking away the management of the domestic debt of the Government from the Reserve Bank of India (RBI) and entrusting it to an independent Public Debt Management Agency (PDMA) The second was moving the regulation of government securities from the RBI to the Securities and Exchange Board of India (SEBI) Mr Jaitley had endorsed the two ideas He had included provisions in the Finance Bill to give effect to them Then on April 23 just before the Finance Bill was taken up for consideration and passing he withdrew those provisions even while asserting that the two ideas had strong merit Consistent Support for PDMA Let’s examine the idea of PDMA Government borrows to finance its debt It issues — or authorises the RBI to issue on its behalf — government securities Who is the largest trader of government securities RBI There is an exchange a depository and a clearing house for government securities Who is the operator of the securities infrastructure RBI There is a vibrant market for government securities Who is the regulator of the market RBI Banks are the largest purchasers of government securities Who is the regulator of banks RBI Government securities are attractive to both sellers and buyers because they carry attractive rates of interest Who determines the interest rates RBI while performing its functions as the monetary policy authority If there was a case of “he was judge jury and prosecutor” this was the best example The present system is riddled with conflicts of interest that will be obvious to any one who understands markets RBI was among the first to recognise the conflicts of interest and therefore in its Annual Report 2000-01 proposed the idea of a PDMA It was supported by the Percy Mistry Committee on Making Mumbai an International Financial Centre (2007) the Raghuram Rajan Committee on Financial Sector Reforms (2008) the Jahangir Aziz Internal Working Group on Debt Management (2008) and the Financial Sector Legislative Reforms Commission (2011) The reports of the two last named bodies also suggested a draft law to create the PDMA In the Budget for 2007-08 we announced the setting up in the Government of a Middle Office of PDMA It was set up and with the help of RBI’s experts began to acquire skills in public debt management Mr Jaitley in his Budget for 2015-16 announced the final step of establishing by law the PDMA It was a fine example of continuity in policy SEBI as the Regulator The other idea of entrusting the regulation of government securities to SEBI also flowed from the conflicts of interest that I have referred to SEBI is the regulator of the capital market (equity and corporate debt) and will be shortly the regulator of the commodities derivatives market as well It is therefore logical that the government securities market should also be placed under SEBI which will be the unified regulator of financial trade — an idea supported by the committees mentioned earlier No one doubts that SEBI has the relevant skills to take on the additional responsibility Besides firms and individuals involved in trading will benefit from a single-source and consistent regulation of different kinds of securities If the Finance Bill had passed with the original provisions one body that had authority over the two subject matters would have yielded that authority to other bodies That body was the RBI So Mr Jaitley should tell us if it was indeed the RBI that pressured him to withdraw the provisions Duty to Explain Mr Rajan is the Governor of RBI He chaired a committee that supported the two reforms Even a few weeks ago he publicly backed an independent PDMA If the RBI that he heads is now opposing the reforms — proposed through statutory changes — he is obliged to disclose the RBI’s reasons and also explain why he changed his own views Equally Mr Jaitley is obliged to explain why he gave in to RBI’s opposition what is the “further consultation” with RBI expected to yield and what is the time line for the next move on the two proposals The two proposed reforms were bold steps that would have brightened a mediocre record of the NDA government as it draws close to the completion of one year in office The Government stood on solid ground Every committee and commission that had looked into these matters had endorsed the two ideas The two reforms were consistent with international best practices The two reforms would not have impacted the average voter and no political capital would have been spent Yet the Government beat a retreat without an explanation The Finance Bill would have been passed easily in the Lok Sabha where the Government has an absolute majority There was no fear of the Bill being scuttled in the Rajya Sabha which can only return a Finance Bill The moral of the story is that numbers alone do not assure economic reforms For all the latest Opinion News download Indian Express App More Related NewsBy: Express News Service | Published: July 1 2015 3:06 am A look at the front page of The Indian Express published on July 01 Forty Years Ago Related News The Maintenance of Internal Security Act 1971 was amended through presidential ordinance After the amendment a person arrested under Misa did not need to be told the reason for their detention The authority executing the arrest only needed to declare that it was necessary for the effective execution of the Emergency The detention would be reviewed by the government four months after the arrest Pravda’s truth Pravda the mouthpiece of the Communist Party of the Soviet Union wrote that “the people of India have approved of the decree on the proclamation of a state of Emergency rendered necessary by the open conspiracy of reaction against the government of the country against democracy” “Pravda” which in Russian means truth said “democratic forces approve of the arrests of leaders of rightwing parties carried out by the authorities the introduction of censorship which will deprive the monopoly press of the opportunity to carry on instigating an anti-government campaign” Abu on censorship A day after a few Congress MPs sought the expulsion of the BBC’s India correspondent for “hostile reporting” Abu Abraham drew a cartoon that showed two persons carrying a fat man on a stretcher towards the emergency ward The speech balloon identified the man on the stretcher as an MP knocked down by the BBC The two men one short and fat and the other tall and lean were caricatures of two persons who in Abu’s words had spotted the cartoonist at an AICC meet in Bangalore in 1969 They became a regular feature of Abu’s pocket cartoon Private View Prajaniti shuts The Indian Express announced the closure of its Hindi weekly Prajaniti on the front page For all the latest Opinion News download Indian Express App More Related NewsNew Delhi: The Supreme Court on Mondayasked the Tamil Nadu government to apprise it about the steps taken to control the protests over NEET examination which had intensified after the alleged suicide of a Dalit medical course aspirant File image of the Supreme Court AP A bench comprising Chief Justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud asked the chief secretary of the state to file an affidavit in this regard in two weeks and posted the matter for further hearing on 19 October The top court had on 8 September asked the state to prevent any agitation over National Eligibility and Entrance Test (NEET) examination issue which had intensified after the suicide of a 17-year-old girl S Anitha It had also directed the government to prosecute anyone indulging in any activity that created a law and order problem and stalled normal life in the state Anitha had allegedly committed suicide on 1 September a week after the top court had ruled that medical college admissions in Tamil Nadu will be based on the NEET exam The apex court had said that every citizen had a fundamental right to peacefully protest and demonstrate but they cannot cause a situation that resulted in violence and paralysed the law and order situation The petition filed by advocate GS Mani has said that the state was under obligation to ensure that normal life of the citizens was not disrupted due to these agitations and protests The plea also claimed that due to the agitations and rail and road blockages normal life of citizens has been jeopardised and the people were facing immense difficulty due to this It had further said that political parties and individuals cannot be allowed to hold protests against the order passed by the apex court in NEET matter The suicide of the girl had led to widespread protests in Tamil Nadu with many protesters being detained The petitioner had also sought a judicial inquiry into the suicidethe woman constable had signalled a local driving in a car. We have theatre as part of the annual day celebrations, ? But Nemanja Matic’s ? Entertainment Videos by Indian Express For all the latest Entertainment News.

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which by last October already hosted some 400.

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