Indian Political Corner | All Updates & Discussions.

[ranjeet]

http://www.thehindu.com/news/national/article8570484.ece

The Central Bureau of Investigation on Friday raided the residence and office of an undersecretary posted with the Ministry of Home Affairs (MHA), a top government official told The Hindu.

The raid comes months after files pertaining to the alleged Foreign Contribution Regulation Act (FCRA) violations by social activist Teesta Setalvad’s two NGOs went missing from the Home Ministry. The files were traced and restored in the FCRA division but the CBI was asked to investigate the matter.

Officials noticed the files had gone missing when they wanted to take a decision to cancel the FCRA registration of one of her NGOs, Sabrang Trust.

Sabrang Trust’s licence was suspended on September 9, 2015 by the MHA and it asked the firm for an explanation, failing which the FCRA registration would have been cancelled in 180 days. Ms. Setalvad filed her reply in October itself and the deadline given by the MHA expired in March this year.

“It is at this point of time we realised the files had gone missing. We conducted an inquiry and identified the official who had walked away with the files. He was summoned and the files were restored,” said a senior government official.

Ms. Setalvad pursued the Gujarat riots case of 2002 when Prime Minister Narendra Modi was the State’s Chief Minister.


Soon after the NDA government came to power, based on a report sent by the Gujarat government, the MHA took series of actions against the NGOs and organisations associated with Ms. Setalvad.

In 2015, the MHA put another of Ms. Setalvad’s NGO, the Citizens for Justice and Peace (CJP), under the “prior permission category.”

The CBI is also probing a case against Ms. Setalvad on the MHA’s complaint.

“The CBI was roped in as there could be other cases where the concerned official would have misplaced files.

The motive is not clear yet. The CBI is doing its investigations,” said the official. No arrests have been made so far. The Home Ministry has already set up a one-man inquiry commission to trace certain file notings related to Ishrat Jehan fake encounter case, which have gone missing.

I believe this news is complimentary to the one you posted.
http://www.dnaindia.com/india/repor...e-treated-as-petition-sc-to-hear-plea-2209643

 

[Samudra Manthan]

I believe this news is complimentary to the one you posted.
http://www.dnaindia.com/india/repor...e-treated-as-petition-sc-to-hear-plea-2209643

What is the connection between these two?

 

[ranjeet]

What is the connection between these two?

Teesta went underground before Sibal got her bail on over the phone.. now she can probably do that on whatsapp.

 

[jamahir]

http://timesofindia.indiatimes.com/...-jobs-said-D-Company/articleshow/52171039.cms

@jamahir the evil Sanghis are using brutal police to arrest these sickular people trying to just kill Hindus man.

Not one peep from anyone.
Imagine if it was a Hindu group targeting muslims. Even when No Hindu targets them, these sickulars do dramas....

Still there are a looooot of Hindus who think Congees and AAP are "fit" to be voted in.

http://www.ndtv.com/india-news/25-y...-bihars-gaya-1403992?pfrom=home-lateststories

Wonder what twist the socialists will give this.
Where are the supporters of Nitishwa? @jamahir look what your great socialist CM is doing in his state!

http://zeenews.india.com/news/india...-news-channels-senior-journalist_1883096.html

Not only the traitors and libtards, even the presstitutes are on the run.
Wonder how this will play out

please don't tag me in this thread... i don't want to visit this thread.

if you create threads or tag me in other threads i will answer those.

 

[dray]

Close enough!!

 

[Samudra Manthan]

Teesta went underground before Sibal got her bail on over the phone.. now she can probably do that on whatsapp.

LOL, well yeah if that judge is duffer enough to accept whatsApp message petitions. Given the quality and inclination of our judges, it should not be surprising if..

 

[mehboobkz]

https://twitter.com/x/status/729277771457826816

 

[Parul]

 

[mehboobkz]

Modi sealed the documents in the ACB lockers.

Why is he saving Congress?

 

[dray]

https://twitter.com/x/status/729277771457826816

Now, that's the actual story, things have actually improved since Narendra Modi took charge.


Good News for Modi: Only a Third of India Projects Delayed

Vrishti Beniwal vrishtibeniwal
April 8, 2016 — 10:05 AM ISTUpdated on April 8, 2016 — 3:20 PM IST

• A third of 1,000 projects valued at $210 billion are delayed
• Persistent cost and time overruns pose risk to India growth

Prime Minister Narendra Modi is starting to see some success in getting infrastructure projects moving again.

About a third of more than 1,000 projects valued at 14 trillion rupees ($210 billion) are delayed as of January, down from 42 percent a year earlier, according to government data released on Thursday. Cost overruns have come down from 19.8 percent to 18.4 percent in that time, it showed.


Modi has made reviving investment a priority since he took office, taking steps to ease bottlenecks and entice foreign companies to set up factories. Yet bad debt, weak global demand and difficulties in pushing through key reforms threaten to hobble the world’s fastest-growing major economy.

“Many of the projects today are stuck because of stressed assets," said Hemant Kanoria, chairman of SREI Infrastructure Finance Ltd. “If someone has gone to the hospital, is taken to the ICU and a quick treatment is not given, the person will die. It’s similar with infrastructure projects."

About 5.1 percent of Indian bank loans have gone sour as of Sept. 30, more than three times the bad-debt ratio at Chinese banks, as borrowers find investments stuck due to slowdown. Central bank governor Raghuram Rajan has given lenders until March 2017 to clean up their books as authorities identified 8 trillion rupees ($120 billion) of stressed assets in the system.

Delays in land acquisition, environment clearances and contractual issues are some of the biggest roadblocks for India’s infrastructure projects, according to the statistics ministry, which monitors ongoing federal government projects costing 1.5 billion rupees or more. That leads to time and cost overruns.


Weak Demand
The number of stalled projects fell in the past six months due to faster government clearances in the power and chemical industries, according to a report released by the central bank this week. Proposals to set up new factories remained subdued due to demand uncertainty and muted business confidence, it said.

Markets should scale back expectations of a strong cyclical recovery, Deutsche Bank said in a report on April 5, citing data from Centre for Monitoring Indian Economy Pvt., a local research company. It showed that projects are delayed primarily because investors are wary of deploying capital.

"While earlier investors complained about problems with land acquisition, availability of raw materials, and delays with regulatory clearances, those factors do not rank high any longer," it said. "The drag now principally comes from a lack of conviction about demand, locally or externally."

18 Years
About 38 percent of the delayed projects are in roads and highways, followed by power and coal, according to the statistics ministry.

India’s northeast states marred by insurgency have seen cost escalations as high as 800 percent. Mizoram, a small state in India bordering Myanmar, has waited 18 years for a dam that will generate 60 megawatts of electricity and end its power woes. Construction is finally expected to be finished by October after issues over land compensation delayed the project and escalated its cost by almost four times.

Modi defended his record at a Bloomberg event last month, saying that credit growth is picking up and work is starting again on projects that suffered in an economic downturn. Investments worth a total 1.3 trillion rupees were completed in the year that ended March 2015, the highest in at least eight years, according to data from the Statistics Ministry. Projects valued at 978 billion rupees were completed April-December.

Modi has proposed to increase infrastructure spending by 23 percent to 2.2 trillion rupees this year to support growth in Asia’s third-largest economy. With a plan to narrow the fiscal deficit, however, any downturn in India’s finances would probably lead to cuts in infrastructure outlays before cuts to welfare spending.

India is forecasting growth of as much as 7.75 percent in the year started April 1. The Asian Development Bank projects 7.4 percent, down from the previous year’s 7.6 percent estimated expansion.

http://www.bloomberg.com/news/artic...di-only-a-third-of-india-projects-now-delayed

 

[Parul]

UK's CM bribed Congress MLA's with 25 lakh to vote for him.

Where are rakhwals of Democracy Hiding.

 

[skyisthelimit]

http://www.financialexpress.com/art...da-a-lot-better-than-upa-sonia-gandhi/250184/

 

[mehboobkz]

https://twitter.com/x/status/729282766098059264

https://twitter.com/x/status/729120616197001216

 

[Parul]

https://twitter.com/x/status/729203598291275776

https://twitter.com/x/status/729204457335078913

https://twitter.com/x/status/729204901432184832

 

[mehboobkz]

https://twitter.com/x/status/729342189352804352