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India


Modi Govt revisits idea of changing financial year

Modi Govt revisits idea of changing financial year

New Delhi, Aug 29 (UNI) The NDA government at the Centre, headed by Prime Minister Narendra Modi, has reinitiated a national debate on changing the calendar of financial year. At present, the Centre as well as state governments are following the financial year that runs from April 1 to March 31. The idea behind the new debate is whether India should move to a financial year of January 1 to December 31 for both Central and state governments. The Government has appointed a Committee chaired by Dr Shankar Acharya, former chief economic adviser, to examine the desirability and feasibility of having a ‘new financial year’. Other distinguished members of the Committee are K M Chandrasekhar, former Cabinet Secretary, PV Rajaraman, former Principal Finance Secretary, Tamil Nadu and Dr. Rajiv Kumar, Senior Fellow Centre for Policy Research. This issue was being re-examined after a gap of more than three decades. The issue was last examined by the L K Jha Committee in 1985, whose recommendation to move to a financial year of January 1- December 31 (for Central and State Governments) was then not accepted by the then Government. More UNI MK SV ADG 0955

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Delhi HC issues notice to CBI's CPIO on contempt petition

Delhi HC issues notice to CBI's CPIO on contempt petition

29 Mar 2024 | 8:03 PM

New Delhi, March 29 (UNI) After hearing the contempt petition filed by IFS Officer Sanjiv Chaturvedi regarding non-compliance of its order passed on January 30 this year, the Delhi High Court on Thursday issued a notice to Central Public Information Officer (CPIO) of CBI.

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Defence Secy inaugurates infrastructure for Hovercraft Maintenance Unit at Okha

Defence Secy inaugurates infrastructure for Hovercraft Maintenance Unit at Okha

29 Mar 2024 | 7:55 PM

New Delhi, Mar 29 (UNI) Defence Secretary Giridhar Aramane visited the Indian Coast Guard facilities in the North West Region and inaugurated the infrastructure for the Hovercraft Maintenance Unit (HMU) at Okha.

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EAM Jaishankar & his Ukrainian counterpart Dmytro discusses Russia-Ukraine conflict

EAM Jaishankar & his Ukrainian counterpart Dmytro discusses Russia-Ukraine conflict

29 Mar 2024 | 5:48 PM

New Delhi, March 29 (UNI) External Affairs Minister Dr S Jaishankar and his Ukrainian counterpart Dmytro Kuleba on Friday held bilateral talks here and discussed the ongoing Russia-Ukraine conflict and its wider ramifications.

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Hope everyone's rights are protected in India: UN on Kejriwal’s arrest

Hope everyone's rights are protected in India: UN on Kejriwal’s arrest

29 Mar 2024 | 5:44 PM

New Delhi, Mar 29 (UNI) Reacting to the question on political unrest in India following the arrest of Delhi Chief Minister Arvind Kejriwal and the freezing of the Congress party's bank accounts, the United Nations expressed hope that everyone's rights are protected in India.

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March 31 rally will be against authoritarian regime of PM Modi: Congress

March 31 rally will be against authoritarian regime of PM Modi: Congress

29 Mar 2024 | 5:38 PM

New Delhi, Mar 29 (UNI) The Indian National Congress on Friday said that the March 31st rally at the Ramlila ground here will be the second major rally by the INDIA Alliance and meant to demonstrate 'solidarity against the authoritarian regime of Prime Minister Narendra Modi who is hell bent on decimating all opposition parties'.

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