CENTRAL VIGILANCE COMMISSION
CBI can't take refuge in exemption clause under RTI Act to deny info on corruption cases: CIC
Hearing a case filed by whistleblower bureaucrat Sanjiv Chaturvedi, the transparency watchdog said the central public information officer (CPIO) has "grossly erred" in invoking the veil of section 24 of the RTI Act mechanically without assessing the nature of information sought and the same is viewed adversely by the commission.
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CPSEs can be globally competitive if government, management roles spelt out: CII
The report, set to be released on Monday, recommends that the government inform the top management of CPSEs about its disinvestment plans, a press release by the CII said. “Given the current environment of divestment uncertainty, it is critical to apprise the CPSE top management in advance, about a decision on this,” the release stated.
PSUs must be subjected to governance norms on par with pvt firms: CII
"CPSEs must be subject to the same governance standards as private players. Excessive scrutiny from the Central Vigilance Commission (CVC) and the Comptroller Auditor General (CAG), coupled with the threat of Central Bureau of Investigation (CBI) often leads to stalled or over-cautious decision-making in CPSEs.
Stipulated time over for sanction to prosecute nearly 100 govt officials: CVC
The accused also include officials attached to probe agencies like the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED), according to the CVC. As per norms, sanction for prosecution of government employees accused of corruption has to be given within four months' stipulated time.
Diluting government stake below 50 per cent in PSBs no solution: Unions
Instead, the unions said, ensuring "proper governance in the system" and "removing political interference" will address the problem of NPAs that has been weakening the financial health of the PSBs.
Banks plan to recast Rs 4,000 crore CG Power loans
Lenders of the fraud hit CG Power plan an easier moratorium on repayment of loans and are also considering whether the company needs emergency funding, the banks have appointed SBI Capital Markets to prepare a resolution plan for the same.
Govt working to cut stake to below 51% yet retain control of CPSEs
FM Nirmala Sitharaman has already said the govt will modify its current policy of retaining 51% stake in PSUs, but will maintain a controlling stake.
DIPAM, NITI Aayog aim to cut government stake in select CPSEs to below 51%
At the initial stage, it will be 2-3 PSUs where govt stake would be brought down to less than 51 per cent.
The man who built New Delhi’s T3 terminal is ready to bow out
PS Nair is bowing out after a remarkable crossover career in Indian aviation that spanned nearly four decades.
Govt may trim PSU ownership below 51% as it plans to sell
Terming privatisation as top priority, govt plans to breach the minimum 51% ownership level in select entities.
PNB launches Preventive Vigilance portal
The bank is introducing technology-based solutions through the Preventive Vigilance (PV) portal, which is the first of its kind, the bank said in a statement.
Bankers can now take decision without fear; CVC sets up panel to examine fraud
This development will instill a sense of protection among bankers from prosecution for genuine decisions, and promote lending.
Beyond the resignations: Why anxiety among IAS is only growing
Half a dozen bureaucrats said they were unhappy that the role of IAS officers was diminishing at the Centre.
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