Borrowing center Rs. Rs 1.1 crore to compensate states for GST deficit – in an apparent degradation of their position that states should borrow in the market to save Rs. 1.1 million crore in GST offsetting the deficit this year, the Center said on Thursday that the Indian government will take back the loans from the tranche and pass them on to states in the form of a “back-to-back loan” to be reflected in its own books.
- Declaring that this loan to be made through a special window will not affect the Centre’s budget deficit or increase the debt of general government, the finance ministry said this was done to ensure that states did not not have to pay different rates. interest on these loans. It will also be an easier arrangement administratively, the ministry said.
“This will have no impact on the Indian government budget deficit (GOI). The amounts will be reflected as capital inflows from state governments and as part of funding their respective budget deficits, ”the ministry explained, adding that this will avoid the prospect that individual states would have to pay differential interest rates, they borrowed this corpus in the form of a state development loan.
- Opposition leaders called this a change in the government’s position. “If the Center has decided to borrow Rs. Rs 1.1 lakh crore and extend it to states as loan repayment, I welcome the change in position,” said former Finance Minister P Chidambaram, in response to the evolution on Twitter.
- In its initial proposal presented to the 41st meeting of the GST Council in August, the Center indicated that the deficit due to the implementation of the GST would be covered by the states through the issuance of debt under the GST. a special desk coordinated by the Ministry of Finance.
Supreme Court will likely ask Allahabad HC to oversee the Hathras case – on Thursday the Supreme Court said it may ask the Allahabad High Court to oversee the CBI’s investigation into the brutal assault, rape presumed collective. and the subsequent death of a 19-year-old boy. Dalit girl in Hathras, Uttar Pradesh.
- A tribunal headed by Chief Justice of India Sharad A. Bobde orally told petitioners and interveners that they wanted the High Court to directly oversee the investigation that “we will send them all to the High Court of ‘Allahabad’. The Bank then reserved the case for orders.
“We are here on appeal, the highest control body, but let HC Allahabad do it … We are still here,”Supreme Court Chief Justice Bobde commented orally at the hearing.
- The state government and the Director General of Police (DGP) left it up to the court to decide which court should oversee the investigation, saying its sole purpose was to do justice to the case.
“Don’t worry … the state government has raised no objections. There should be no doubt. The CBI took over the case on October 10 and the investigation is ongoing, ”said Attorney General Tushar Mehta, representing the government.
BARC suspends qualifying
Following the TV Rating Points (TRP) scam, the Broadcast Audience Research Council (BARC) on Thursday announced a temporary suspension of weekly audiences for news channels in all languages.
- The council intends to review and increase current measurement standards to improve “statistical robustness” and the exercise will result in a “pause” in weekly assessments for up to 12 weeks, according to an official statement.
- At least five people were arrested by Mumabi police, who put an end to the scam earlier this month. While those arrested include employees of news channels, police are also questioning executives of the Republic Media Group, headed by Arnab Goswami, about the case while Republic Media Group has denied any wrongdoing.
“In light of recent developments, BARC’s Board of Directors has proposed that its technical committee review and increase the current standards for measuring and reporting niche gender data, in order to improve their statistical robustness and hamper considerably infiltration attempts. panel houses. ”Said an official statement.
SC asks Arnab Goswami to travel to Bombay HC for TRP scam investigation
On Thursday, the Supreme Court asked ARG Outlier Media and journalist Arnab Goswami to trust the Bombay High Court instead of going directly to the Supreme Court to argue against the Mumbai police investigation into the scam. television. Article (TRP) which involves accusations of manipulation of hearings.
“I think your client’s office is in Worli. It is not far from Flora Fountain and the High Court of Bombay. Why don’t they use article 226 [of the Constitution] or article 482 [of the Code of Criminal Procedure to quash the FIR] … ”asked Judge DY Chandrachud of lead lawyer Harish Salve, appearing for ARG and Goswami.
Judges Indu Malhotra and Indira Banerjee, at the bar, also suggested that the parties look to the High Court.
“How can we receive a petition like this without the Superior Court looking at it first?” Go to the Superior Court. We must have confidence in our higher courts. They worked during the pandemic, ”Judge Chandrachud said.
Crime Branch attacks actor Vivek Oberoi’s house in Mumbai
Police teams from the Central Crime Directorate attacked the residence of Bollywood actor Vivek Oberoi in Mumbai after receiving reports that one of the main defendants in the drug case they are investigating, Aditya Alva, was hiding there.
- Aditya, the son of the late Minister Jeevaraj Alva and Oberoi’s brother-in-law, has been on the run since being accused of being part of a drug deal involving movie stars, drug traffickers and organizers of Kannada. faded away.
- The CCB is expected to question Oberoi and his family members about Aditya’s whereabouts, the sources said.
Air quality in the country’s capital is getting “very bad”
- The air quality of Delhi, Gurugram and Noida, which are part of the NCR (National Capital Region), deteriorated to the “very poor” category on Thursday morning, according to data from the Central Monitoring Board of Pollution (CPCB).
- Delhi’s Air Quality Index (AQI) was 318 at 10:00 a.m. and the values for Gurugram and Noida were 302 and 315, respectively.
- An AQI between 0 and 50 is considered “good” , 51 and 100 “satisfactory”, 101 and 200 “average”, 201 and 300 “bad”, 301 and 400 “very bad” and 401 and 500 “serious”.
- The AQI for all three cities was in the “poor” category, according to the CPCB at 4:00 pm. Wednesday bulletin, average of the last 24 hours.
- In addition, a ban on diesel generators, except for emergency purposes, went into effect in Delhi and neighboring cities from Thursday as part of the Graduated Response Plan of Action (GRAP) measures to control air pollution.
Indian Oscar winner Bhanu Athaiya dies in Bombay
- Costume designer Bhanu Athaiya, India’s first Oscar winner, died at her home on Thursday from prolonged illness, her daughter said. He was 91 years old. Athaiya, who won an Oscar for her work on Gandhi’s epic 1983 film, has passed away peacefully in her sleep, her daughter Radhika Gupta said.
- Athaiya, born in Kolhapur, started her career as a costume designer in Hindi cinema with superhero C.I.D. by Guru Dutt in 1956. He then worked on over 100 films.
- He won the Oscar for Best Costume Design in Richard Attenborough’s Gandhi, with Ben Kingsley as Mahatma. In 2012, Athaiya returned his Oscar to the Academy of Motion Picture Arts and Sciences to keep it.
- The veteran, who has defined the aesthetic of Hindi cinema through his prolific work, has created some of Bollywood’s best-known looks, including Vyjayantihmala in Aamrapaali, Waheeda Rehman in Guide and Zeenat Aman in Satyam Shivam Sundaram.
The number of coronavirus cases reported in India stood at 73,61,097 at the time of this bulletin, with a death toll of 1,112,137.
- World Health Organization chief scientist Soumya Swaminathan said Thursday that young, healthy people may have to wait until 2022 to get vaccinated against the coronavirus.
- “Most people would agree, it starts with healthcare workers and front line workers, but even then you have to define which of them are most at risk, then the elderly, and so on. “Swaminathan said.”
- There will be a lot of advice on the way, but I think the average person, a healthy young person, may have to wait until 2022 to get the vaccine, “he added.
“Mahakavi” Akkitham Achuthan Namboothiri, who presented the Jnanpith prize for Malayalam literature last year, died Thursday morning at a private hospital in Thrissur. He was 94 years old. Akkitham, the last Malayalam poet to be called “Mahakavi” (great poet), had been hospitalized for two days.
Former Lok Sabha President and Congress Leader Meira Kumar claimed that her Facebook page was blocked in the middle of the Bihar Assembly elections. Congress questioned the social media giant’s neutrality, with party spokesman Randeep Surjewala tweeting: “We have witnessed #Facebook India leadership being compromised by Modi Govt as subservient to his program. Now, blocking the former president’s account and a main light from @INCIndia shows that little tactics are being used to suppress the voices of opposition leaders.