Dear all,
Welcome.
NSSO: In a survey of NSSO, it is found that Muslim community's socio-economic situation is poor. A report titled, "Jobs & Unemployment in big religious groups" had mentioned that Sikh community's per head expense amount to 55.30 INR per day followed by Christian @ 51.43 INR per day. Likewise, Hindus spend @ 37.5 INR per day. Muslims spend around 32.66 INR per day. As per NSSO, Indian rural folks spend 901 INR per day whereas it is 1773 INR per day in urban areas. Muslims come at 833 INR followed by Hindus at 888 INR in rural areas regarding spendings.
The survey report had collected data for the year 2009-10 whereas Sikhs spend around 1659 INR per day whereas for Muslims, it is 980 INR. Hindus spend around 1125 INR & Christians spend around 1,543 INR.
ADR: The Chief Justice of India had stated for consideration of Central and State govt. during appointment of Judges in various High Courts and Supreme Courts. They should be free to express their opinions.
During inaugration of Alternative Dispute Redressal Centre, he told that common public doesn't elect Judges but finally they are responsible to the public. He stated that ADR should not be seen as system for reducing pending matters. People/parties should be able to clear the delusion through it.
Judiciary is most respectable institute but it's prestige is declining. He stated that women folks, children and backward sections matter should be put on priority.
2G scam/Radia tapes: Tata's Chairman had filed a petition before Supreme Court stating that those who had leaked the tapes should be penalised. The leakage of tapes is a violation of his life's right to privacy and encroachment of fundamental right. He came along with his counsel.
Online RTI: DoPT Minister for State would be launching an online portal for filing online RTI applications. The pilot project was started during April. Now it is being implemented in all ministries.
Italian marines: The Italian marines had refused to return back to India for recording their statements in regard to killing of two Indian fishermen folks at Kerala. NIA had sent summon to them. Now, Home ministry had asked suggestions from law ministry.
All four marines had been on Italian ship Enrika Lexi when their two aides had shot Indian fishermen on Feb. 15, 2012. All the four marines had stated that they are ready for video conferencing. NIA team could visit Italy for interrogation. They could also reply to the questionairre. Under the agreement, Italy is committed for cooperation. NIA would, therefore, not accept any such proposal.
This would imply delay in the matter. It is to note that Italy had argued that as the incident happened in the International territorial waters, matter should not be heard in the Indian Courts. However, it had been denied by Supreme Court.
Credit rating: US Investor Bank, J.P.Morgan had keept India's credit rating to "Stable" from "Overweight" citing present state of economy. Te weak rupee had deteriorated the situation. The govt. had limited reforms option. The measures taken so far had no affect on the economy. If it continues, the credit rating could go more down.
It is to note that rupee fell down to 64. The importers demand for dollar for payment of trade during month end is there. As per dealers, rupee could go further down. J.P.Morgan had stated, in a fresh report, that current account deficit had increased the pain. The deficit during the present fiscal is likely to 5.1% of GDP. In such a scenario, India's credit rating could be affected more. The weak rupee is affecting share market. The investors are fearing that weak rupee would be affecting share market. They are eager to know about controlling the deficit.
The Bank had stated that if the govt. takes loan from IMF, it would be given at higher interest rate. Also, elections are likely to be held by next year. Any such decision would have political repercussion. In this situation, govt. is likely to issue bonds, which would provide money and make Indian economy more liberal. If the rupee gets stability, share market could go up and pave the way for foreign capital entry.
With regards,
ManojKumar, Bhilai(CG)
Welcome.
NSSO: In a survey of NSSO, it is found that Muslim community's socio-economic situation is poor. A report titled, "Jobs & Unemployment in big religious groups" had mentioned that Sikh community's per head expense amount to 55.30 INR per day followed by Christian @ 51.43 INR per day. Likewise, Hindus spend @ 37.5 INR per day. Muslims spend around 32.66 INR per day. As per NSSO, Indian rural folks spend 901 INR per day whereas it is 1773 INR per day in urban areas. Muslims come at 833 INR followed by Hindus at 888 INR in rural areas regarding spendings.
The survey report had collected data for the year 2009-10 whereas Sikhs spend around 1659 INR per day whereas for Muslims, it is 980 INR. Hindus spend around 1125 INR & Christians spend around 1,543 INR.
ADR: The Chief Justice of India had stated for consideration of Central and State govt. during appointment of Judges in various High Courts and Supreme Courts. They should be free to express their opinions.
During inaugration of Alternative Dispute Redressal Centre, he told that common public doesn't elect Judges but finally they are responsible to the public. He stated that ADR should not be seen as system for reducing pending matters. People/parties should be able to clear the delusion through it.
Judiciary is most respectable institute but it's prestige is declining. He stated that women folks, children and backward sections matter should be put on priority.
2G scam/Radia tapes: Tata's Chairman had filed a petition before Supreme Court stating that those who had leaked the tapes should be penalised. The leakage of tapes is a violation of his life's right to privacy and encroachment of fundamental right. He came along with his counsel.
Online RTI: DoPT Minister for State would be launching an online portal for filing online RTI applications. The pilot project was started during April. Now it is being implemented in all ministries.
Italian marines: The Italian marines had refused to return back to India for recording their statements in regard to killing of two Indian fishermen folks at Kerala. NIA had sent summon to them. Now, Home ministry had asked suggestions from law ministry.
All four marines had been on Italian ship Enrika Lexi when their two aides had shot Indian fishermen on Feb. 15, 2012. All the four marines had stated that they are ready for video conferencing. NIA team could visit Italy for interrogation. They could also reply to the questionairre. Under the agreement, Italy is committed for cooperation. NIA would, therefore, not accept any such proposal.
This would imply delay in the matter. It is to note that Italy had argued that as the incident happened in the International territorial waters, matter should not be heard in the Indian Courts. However, it had been denied by Supreme Court.
Credit rating: US Investor Bank, J.P.Morgan had keept India's credit rating to "Stable" from "Overweight" citing present state of economy. Te weak rupee had deteriorated the situation. The govt. had limited reforms option. The measures taken so far had no affect on the economy. If it continues, the credit rating could go more down.
It is to note that rupee fell down to 64. The importers demand for dollar for payment of trade during month end is there. As per dealers, rupee could go further down. J.P.Morgan had stated, in a fresh report, that current account deficit had increased the pain. The deficit during the present fiscal is likely to 5.1% of GDP. In such a scenario, India's credit rating could be affected more. The weak rupee is affecting share market. The investors are fearing that weak rupee would be affecting share market. They are eager to know about controlling the deficit.
The Bank had stated that if the govt. takes loan from IMF, it would be given at higher interest rate. Also, elections are likely to be held by next year. Any such decision would have political repercussion. In this situation, govt. is likely to issue bonds, which would provide money and make Indian economy more liberal. If the rupee gets stability, share market could go up and pave the way for foreign capital entry.
With regards,
ManojKumar, Bhilai(CG)
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