Articles about Public Accounts Committee
11 Jul 2020
BJP blocks Parliament panel review of PM-CARES Fund
The Centre's response to the coronavirus pandemic and the PM-CARES Fund will most likely not be scrutinized by the Public Accounts Committee (PAC) as Bharatiya Janata Party (BJP) blocked a move regarding the same on Friday.
02 Jan 2019
#RafaleDeal: Former ministers call for review of SC's decision
Half a month after the Supreme Court gave a clean chit to the government on the controversial Rafale deal, former ministers Arun Shourie and Yashwant Sinha, along with activist lawyer Prashant Bhushan, have requested the apex court for a review of its decision.
18 Dec 2018
Won't let PM sleep until all agricultural loans waived: RaGa
Addressing India's distressed farmers directly from Parliament, Congress president Rahul Gandhi said today he will not let PM Narendra Modi sleep until all farm loans have been waived.
15 Dec 2018
#RafaleDeal: Clean chit backfires; Opposition says Centre lied to SC
The Supreme Court, on Friday, had given the Centre a clean chit, dismissing a batch of petitions calling for a court-monitored probe into the Rafale deal.
02 Nov 2018
Bofors scam: Supreme Court refuses to entertain CBI's plea
The Supreme Court on Friday refused to entertain a plea filed by CBI in the Bofors scam.
23 Apr 2018
Monthly Rs. 200-250cr deficit leaves Air India's aircraft lying unutilized
Air India is in bad shape. The airline, which faces debts of Rs. 48,876cr, has seen a monthly cash deficit of Rs. 200-250cr, which has left it unable to purchase much-needed spares.
13 Dec 2017
Manohar Parrikar, the first IITian to become CM, turns 62
Incumbent Goa CM, Manohar Parrikar is often described as an RSS pracharak, IITian, hard taskmaster and Modi's confidante.
11 May 2017
Jyotiraditya Scindia to become leader of Congress in Lok Sabha
Attempting to recover from a glaring losses from the recent state assembly polls, the Indian National Congress has been rethinking its strategy.
24 Apr 2017
Female foeticide: Doctors recommend making sex determination tests mandatory!
In a surprising move, doctors in India have proposed a unique way to check female foeticide: make the currently-illegal sex determination tests mandatory.
11 Apr 2017
CWG Scam: Manmohan Singh PMO recommended Kalmadi's appointment, says PAC
Criticizing the Manmohan Singh PMO, the Public Accounts Committee (PAC) has adopted the politically controversial 2010 Commonwealth Games (CWG) report.
08 Apr 2017
Female foeticide: How can sex determination help combat menace?
The Public Accounts Committee of Maharashtra Assembly has, in a radical suggestion, recommended making sex-determination tests compulsory as a measure to combat female foeticides.
31 Mar 2017
Corporates account for significantly higher NPAs than farmers
Indian banks have an estimated Rs. 6.8 lakh crore worth of Non-Performing Assets (NPAs), according to the Public Accounts Committee of the Parliament.
06 Mar 2017
Two arrested in Malda with fake currency worth Rs. 2.92L
Police arrested two Malda residents and seized fake Rs. 2,000 notes worth Rs. 2.92L from them.
03 Mar 2017
Malda, the biggest hub of fake Indian notes
There have been six seizures of Fake Indian Currency Notes (FICN) in West Bengal's Malda district till February, with the biggest recovery (100 notes of Rs. 2,000) on February 15.
21 Jan 2017
Demonetization: Bankers threaten to go on a nationwide strike
Certain bank trade unions have intimidated that they would go on a nationwide, day-long strike on 7th February.
19 Jan 2017
Former PM MMS comes to Urjit Patel's aid
Former PM Manmohan Singh came to the aid of RBI governor Urjit Patel amidst the heated debate on demonetization, saying he is not obligated to respond to queries on lifting banking restrictions.
18 Jan 2017
RBI: new notes worth Rs.9.2 lakh crore already introduced
RBI governor Urjit Patel stated that new notes worth Rs.9.2 lakh crore have already been introduced in place of Rs.15.4 lakh crore worth Rs.500 and Rs.1,000 notes that were removed from circulation.
18 Jan 2017
Diamond trade hit by demonetization
The global diamond industry has been affected by India's demonetization decision. 90% of the world's diamonds pass through India to be processed and traded.
16 Jan 2017
Economy set to rebound soon
Central government believes the economy will rebound from June 2017 given that Rs.10 lakh crore new currency has already entered the market.
16 Jan 2017
Ex-SBI chairman accuses RBI of lying on demonetization
Former State Bank of India chairman Pratip Chaudhuri has alleged that the RBI has been "lying on the face" to Indian citizens about the cash situation.
14 Jan 2017
RBI employees ask the Governor to stop Centre's interference
Employee unions of the central bank wrote to the RBI governor Urjit Patel to take action against Centre's "unwarranted interference".
11 Jan 2017
RBI: Note ban on Centre's recommendation
The RBI has informed the Parliament's standing committee on finance that the note ban was implemented based on recommendations from the Centre just a day in advance.
10 Jan 2017
PMO rejects RTI on demonetization
The PMO rejected an RTI query regarding persons who were consulted before demonetization was announced; the PMO said "Information sought is not available in the record of this office."
06 Jan 2017
44% notes replaced, cash-crunch to end by Feb: Report
A report by the State Bank of India stated that the RBI has replaced 44% of the demonetized currency by 30 December; it added that the cash-crunch is likely to end by February.
29 Dec 2016
NHAI to pay Rs.922 crore over demonetization toll losses
The National Highways Authority of India will have to pay Rs.922 crore to private toll operators who incurred losses due to the suspension of toll collection after demonetization.
24 Dec 2016
RBI proposed note-ban hours before PM's announcement
The RBI revealed that the bank's central board of directors made a recommendation for demonetizing Rs.1000 and Rs.500 notes at a meeting in New Delhi on November 8.
23 Dec 2016
Demonetization highlights the Centre-RBI communication lapses
The Reserve Bank of India and the Centre don't often see eye-to-eye, even in the best of times; which these post-demonetization days certainly aren't.
17 Nov 2016
PM Modi's demonetization move to spark economic slowdown?
Prime Minister Modi's recent move to demonetize Rs.500 and Rs.1000 currency notes have stirred political angst and a probable case for economic slowdown in India.