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Kejriwal to give ex-gratia of Rs 1cr to kin of slain BSF jawan

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On September 21, Kejriwal had also visited the native village of Singh, who was brutally killed by Pakistani troopers along the International Border (IB) near Jammu.

 

New Delhi| Delhi Chief Minister Arvind Kejriwal will go to Sonipat on Wednesday to give ex-gratia of Rs 1 crore to the family of BSF jawan Narender Singh, who was brutally killed by Pakistan forces on the IB near Jammu in September.

It came days after the AAP government approved a proposal to amend a rule on giving ex-gratia of Rs 1 crore to the kin of slain security personnel to include those who have settled in the national capital after joining service.

Aam Aadmi Party’s Haryana convener Naveen Jaihind said, “The chief minister will go to Sonipat on November 21 to give ex-gratia of Rs 1 crore to the kin of slain BSF jawan Narender Singh.”

On September 21, Kejriwal had also visited the native village of Singh, who was brutally killed by Pakistani troopers along the International Border (IB) near Jammu.

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Hasmukh Adhia rumoured to be the next RBI governor: sources

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New Delhi | After the resignation of Reserve Bank of India governor Urjit Patel on Monday, former Finance Secretary Hasmukh Adhia is rumoured to be the next RBI governor, as per unconfirmed sources.

Adhia, a 1981-batch Gujarat cadre officer of the Indian Administrative Services (IAS), served as a secretary in the Department of Financial Services after Narendra Modi became the Prime Minister.  A close of aide of  PM Narendra Modi and Arun Jailtley retired on November 30 this year.

Adhia also served as the Union Revenue Secretary and Union Financial Services Secretary, in the Union Government which makes his case stronger for the post of the RBI governor.

Earlier Urjit Patel on Monday resigned from the post of Reserve Bank of India (RBI) governor. Patel’s three year team was to end in September 2019. Patel is also the first RBI governor to resign since 1990.

Submitting his resignation, Urjit Patel cited personal reasons and stepped down with immediate effect. He said, “On account of personal reasons, I have decided to step down from my current position effective immediately. It has been my privilege and honour to serve in the Reserve Bank of India in various capacities over the years,” Urjit Patel said in a statement. “The support and hard work of RBI staff, officers and management has been the proximate driver of the Bank’s considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues and Directors of the RBI Central Board, and wish them all the best for the future,” he added.

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Breaking: Vijay Mallya to be extradited to India

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London | In what could be termed as end of the party for the king of good time, Liqour baron Vijay Mallya to be extradited to India as the London court gives its nod for the same

London’s Westminster Magistrates Court orders the extradition of Vijay Mallya to India. The Court has further referred the matter of extradition of Vijay Mallya to India to the Secretary of State. The Central beaurue of Investigation has welcomed the decision of the London’s court. Chief Magistrate Judge Emma Arbuthnot announcing the order stated that he found prima facie a case against Vijay Mallya for fraud, conspiracy and money laundering.

Speaking on the extradition CBI said,”We hope to bring him soon and conclude the case. CBI has its own inherent strengths. We worked hard on this case. We are strong on Law and facts and we were confident while pursuing extradition process.”

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Urjit Patel resigns from RBI governor’s post

Anil Rajpurohit

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New Delhi | Urjit Patel on Monday resigned from the post of Reserve Bank of India (RBI) governor. Patel’s three year team was to end in September 2019. Patel is also the first RBI governor to resign since 1990.

Submitting his resignation, Urjit Patel cited personal reasons and stepped down with immediate effect. He said, “On account of personal reasons, I have decided to step down from my current position effective immediately. It has been my privilege and honour to serve in the Reserve Bank of India in various capacities over the years,” Urjit Patel said in a statement. “The support and hard work of RBI staff, officers and management has been the proximate driver of the Bank’s considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues and Directors of the RBI Central Board, and wish them all the best for the future,” he added.

RBI Governor Urjit Patel earlier appeared before a parliamentary panel to brief on demonetisation and NPA situation in the public sector banks, among other issues. The RBI Governor appeared before the panel days after the central bank’s face-off with the finance ministry over issues ranging from appropriate size of reserves to be maintained by RBI to easing of lending norms for small and medium enterprises.

Business Editor of HW Business and Finance Akhilesh Bhargav states it is not only the failure of the finance ministry but the board of the Reserve Bank of India.

Urjit Patel who was appointed as the 24th Governor of the Reserve Bank of India (RBI) succeded Raghuram Rajan on 4 September 2016.

 

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