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US Must Show Sincerity To Help Sri Lanka: Chinese FM

After US Under Secretary of State for Political Affairs Victoria Nuland during her visit to Sri Lanka said that the terms extended by China to Colombo for IMF debt relief are not enough, the Chinese Foreign Ministry has now retaliated saying that rather than commenting upon Beijing’s ties with Sri Lanka, US must show some sincerity and actually do something for the island nation.

In a regular press conference on Thursday, the Chinese Foreign Ministry Spokesperson Mao Ning said, “What was said by the US side does not reflect the truth. The Export-Import Bank of China has already provided Sri Lanka with a letter to express support for its debt sustainability. Sri Lanka has responded positively and thanked China for that.”
The Chinese spokesperson warned Washington to stop jabbing fingers at China’s close cooperation with Sri Lanka and stated that US should also help Sri Lanka overcome difficulties.

“As a friendly neighbour and true friend, China has been closely following the difficulties and challenges facing Sri Lanka and providing assistance for its economic and social development to the best of our capabilities. As to Sri Lanka’s debt to the Chinese side, China supports relevant financial institutions in having consultations with Sri Lanka to seek a proper settlement. China stands ready to work with relevant countries and international financial institutions and continue to play a positive role in helping Sri Lanka navigate the situation, easing its debt burden and helping it achieve sustainable development,” Mao Ning said in the regular press conference.

China’s offer to Sri Lanka of a two-year moratorium on its debt is not adequate to clear the way for the International Monetary Fund (IMF) to allow a funding program, Daily Mirror reported citing diplomatic sources.

Citing sources, the news report said that the IMF needs more assurances from China to secure IMF board approval for the bailout package for Sri Lanka. Earlier, China’s Foreign Ministry said that the Export-import Bank of China (EXIM) has extended debt to Sri Lanka.

In the early weeks of January, the Chinese Embassy in Sri Lanka slammed the US after an American diplomat called China a ‘spoiler’ to Sri Lanka’s negotiations with the International Monetary Fund (IMF) in a recent interview.

Notably, Julie Chung, the US Ambassador to China took a jibe at Beijing in an interview with UK-based television network, BBC Newsnight and said that the US is hopeful that China would not delay extending support for Sri Lanka’s debt restructuring process, as the island nation does not have time to delay, Colombo Gazette reported.

“For the sake of the Sri Lankan people, we certainly hope China is not a spoiler as they proceed to attain this IMF agreement,” Chung had said further.

In a press release on Tuesday, the Chinese Embassy in Sri Lanka retaliated at Chung’s remarks and called them as “baseless accusing and lecturing.” It further lashed the US envoy for putting the blame on China for being the “spoiler” to Sri Lanka’s negotiations with the International Monetary Fund (IMF).

Instead of sowing discord between Sri Lanka and China, China questioned in its release why the US did not take decisive action in the IMF for a more comfortable solution for Sri Lanka. (ANI)

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Mann On Anti Human Trafficking

Allow Teachers To Travel Abroad For Training, Kejriwal Appeals Delhi LG

Delhi Chief Minister Arvind Kejriwal on Thursday launched an attack on Lieutenant Governor Vinai Kumar Saxena and urged him to permit teachers and academic staff from Delhi government schools to travel abroad for training citing the example of the Punjab Government.

Thirty-six government principals of the Punjab Government are going to Singapore for five days of teacher training from February 6-10, 2023, Delhi Chief Minister Arvind Kejriwal said in a press conference.
Kejriwal addressed the press conference and questioned Delhi’s LG regarding the non-clearance of the Finland file so far with respect to the proposal to send teachers abroad for training.

“The Delhi government has already provided training to more than 1000 principals/teachers from abroad and further wants to continue it,” he added.

Kejriwal reiterated that Delhi LG is now stopping the teachers of Delhi’s government schools.

“The Constitution Bench of the Supreme Court had ruled in July 2018 that no file will go to the L-G, but the Centre passed a law directing that they will; we have challenged this because it is unconstitutional. I hope that the L-G will allow teachers to go abroad till this decision is announced,” he further added. (ANI)

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Iran Israel India

Domestic Air Traffic Expected To Reach Around 97% Of Pre-Covid Level: MoS Singh

Domestic air traffic has again picked up pace during the current financial year 2022-23, and is expected to reach around 97 per cent of the pre-Covid level, said General (Rtd) VK Singh, Minister of State for Civil Aviation, on Thursday.

In a written reply to questions in the Lok Sabha on whether there has been a heavy increase in domestic air traffic in the country in recent years, Gen Singh said that India has witnessed a double-digit Compound Annual Growth Rate (CAGR) of 14.5 per cent in terms of domestic passenger traffic during the period 2014-15 to 2019-20. During 2020-21 and 2021-22, there was a dip in domestic air traffic due to the impact ofCovid-19 pandemic.
Domestic air traffic has again picked up pace during the current financial year i.e. 2022-23 and is expected to reach around 97 per cent of the pre-covid level.

Member of Parliament Manoj Motak further asked about the steps taken by the government to improve the airport infrastructure along with the development of the civil aviation sector in the country according to the increased air traffic and passengers.

Gen Singh replied that the government is proactively supporting the aviation sector by providing a stable policy environment and incentivizing competition-led growth. In 2016, the government released the National Civil Aviation Policy (NCAP 2016), which laid out the vision, mission, and key objectives for the sector.

The government announced new MRO guidelines on September 1, 2021, with a view to creating a congenial atmosphere in the country for the development of the MRO industry for aircraft/ helicopters/ drones and their engines and other parts. These guidelines inter-alia provide for the allotment of land at AAI airports through the call of open tenders without levy of any royalty or cess of whatsoever nature to MRO operators.

Similarly, liberalized Flying Training Organisation (FTO) guidelines have been approved wherein the concept of airport royalty (revenue share payment by FTOs to AAI) has been abolished and land rentals have been significantly rationalized to encourage setting up of FTOs to address the shortage of pilots in the country. The government has also formulated Helicopter Operation Policy to encourage helicopter operations creating demand and growth. (ANI)

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Indus Commissioner

India Has Sought Rectification Of Material Breach Of Indus Water Treaty

India’s Indus Commissioner issued a notice to Pakistani counterpart to notify a date for the commencement of interstate bilateral negotiations to rectify an ongoing material breach of the Indus Water treaty, Ministry of External Affairs spokesperson Arindam Bagchi said on Thursday.

He further said that India is not involved in the process of the arbitration court.
“We have issued rather our India’s Indus Commissioner issued a notice on January 25 for modification of the Indus Water Treaty of 1960 to his Pakistani counterpart. This notice was issued with the intent to provide Pakistan an opportunity to enter into government-to-government negotiations, to rectify an ongoing material breach of the treaty. We have called upon Pakistan to notify a suitable date for the commencement of interstate bilateral negotiations under article XII (3) within 90 days,” Bagchi said in response to a question on India’s notice to Pakistan for amendments to the Indus water treaty.

“I am not aware of a response from Pakistan as of yet. I am not aware of any response or comment by the World Bank,” Bagchi said.

He added by saying that India is not participating or involved in the process in any way, in response to a media query on New Delhi’s position on the arbitration court.

India issued notice to Pakistan on January 25 for modification of the Indus Waters Treaty (IWT) of September 1960 after Islamabad’s actions adversely impinged the provisions of the treaty, according to sources.

The notice was conveyed on January 25 through respective Commissioners for Indus Waters as per Article XII (3) of the IWT.

The objective of the notice for modification, according to sources, is to provide
Pakistan
with an opportunity to enter into intergovernmental negotiations within 90 days to rectify the material breach of the IWT. This process would also update IWT to incorporate the lessons learned over the last 62 years.

Meanwhile, External Affairs Minister S Jaishankar last week said that the Indus Waters Treaty is a technical matter and future course of action will depend on talks between the Indus Commissioners of India and Pakistan.

” It will not be right for me to speak publically about what is happening in Pakistan. This is a technical matter, Indus Commissioners of both countries will talk about the Indus Water Treaty. We can only discuss our future steps after that,” he said.

India has always been a responsible partner in implementing the IWT. Pakistan’s actions, however, have encroached on the provisions of IWT and their implementation and forced India to issue an appropriate notice for modification of IWT.

In 2015, Pakistan requested the appointment of a Neutral Expert to examine its technical objections to India’s Kishenganga and Ratle Hydro Electric Projects (HEPs). In 2016, Pakistan unilaterally retracted this request and proposed that a Court of Arbitration adjudicate its objections.

Pakistan, despite repeated efforts by India to find a mutually agreeable way forward, has refused to discuss the issue during the five meetings of the Permanent Indus Commission from 2017 to 2022.

The World Bank at Pakistan’s continued insistence initiated actions on both the Neutral Expert and Court of Arbitration processes. Such parallel consideration of the same issues is not covered under any provision of IWT.

The World Bank in October 2022, made appointments in two separate processes requested by India and Pakistan in relation to the Kishenganga and Ratle hydroelectric power plants.

It appointed a chairman of the Court of Arbitration and a neutral expert “in line with its responsibilities” under the Indus Waters Treaty.

A World Bank release said that the two countries disagree over whether the technical design features of the two hydroelectric plants contravene the Treaty.

Michel Lino was appointed as the Neutral Expert and Sean Murphy was appointed as Chairman of the Court of Arbitration. They will carry out their duties in their individual capacity as subject matter experts and independently of any other appointments they may currently hold, the release said. (ANI)

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film Bombay to Goa

Married To Kuku, Affair Rumours With Mehmood: Aruna Bares It All

Aruna Irani is one of the most versatile Bollywood actors of all time. She has worked in more than 300 films and has been part of big blockbuster projects of the ’80s and ’90s.

Recently, the veteran actor reminisced about her early acting days and the journey so far in an ANI podcast with Smita Prakash where she opened up about many personal aspects of her life.
In this in-depth and heartfelt interview, Aruna Irani also addressed many rumours that made tides during the ’80s and ’90s.

When asked about Mehmood’s role in her career, Aruna heaped praises on him saying that he helped her a lot in making a career in the industry. But, she continued, he (Mehmood) also somehow became the reason behind her not getting work for a couple of years. She also addressed rumours about her alleged marriage with the actor during the time.

She talked about her equation with Mehmood and how it turned sour later. She said, “I was more than a friendly person to him. ‘Woh hota aise hai ki jab main industry mein aayi thi toh mujhe koi kaam hi nahi de raha tha. Jab Mehmood Sahab ke saath maine kaam shuru kiya unhone mujhe kaam dilaana shuru kiya. (When I entered the industry, nobody was ready to give me work, Mehmood Sahab gave me work).”

She continued, “Kya bolu…he was such a big helper. Aaj meri duniya jo badal gayi thi, mujhe kaam milne lag gaya tha, mera ghar sambhal gaya tha unki wajah se toh mujhe lagta tha ki khuda ka bhej hua aadmi hai. Toh ek emotions…hote hote…kab liking badh gayi. I know he was a married man, we couldn’t get married. That’s why hum bhaut aage nahi jaa sakte the, lekin we were more than friends…so, he made my career, even I used to like him. (He was a big helper. Because of him, I earned money and recognition, my world turned upside down, the condition of my life got better and I started to think of him as a God-sent angel! Then, I didn’t realise when I started liking him…I know he was a married man, we couldn’t get married, that’s why we couldn’t go much ahead in the relationship, but we were more than friends).”

“But jab meri yeh film bani, ‘Bombay to Goa,’ usme bhi unhone meri help ki…sab kuch theek tha…ab jab picture release hui aur ek rumour baahar aayi ki I am married to Mehmood. Mujhse koi puchne nahi aata tha. He was a star and a married man so naturally log unko hi pehle puchte the..suna aapki shaadi ho gayiso he just used to nudge. Matlab, na haan bolte the, na naa bolte tha…that spoiled my career. Kyunki, Mehmood Sahab se agar shaadi ho gayi hai toh Mehmood sahab toh ab isko kaam nahi karne denge. See how he made my career and how he ruined it. Unhe lagta tha ki agar ye heroine ban gayi toh he will be left alone! (When I was cast in the film Bombay to Goa, he helped me initially but after the film released there were a few rumours about me and him getting married and he didn’t clear the air. Whenever anybody would ask him about the alleged wedding, he just nudged. He didn’t respond with an affirmative ‘yes’ or ‘no’ and that spoiled my career. Because people assumed that my alleged marriage with him meant he would not allow me to continue working, and hence, I stopped getting roles. See how he made my career and ruined it),” she concluded.

When asked about her marriage with Kuku Kohli, She said, “When you get married to a married man, it gets very difficult. Jaise aaj (Presently), I am married to a married man. I was married, but nobody knew I am married. Now, I think she (Kuku’s first wife) had some problems, she died a year back. Tab main himmat se baat bhi karti hoon, nahi toh I never used to talk (after her demise, I could own my marriage in public eyes)…because I didn’t want to hurt anyone. My affair, my relationahip with Kuku Kohli was not there to hurt anybody or snatch away somebody. This is the first time I am talking about Kuku Kohli.”

She continued, “I could never talk about him..industry knew that I was with him, journalists ko bhi maalum hota that (even journalists knew)…It’s not easy for a person to marry a married man, I didn’t have a child because of that.”

Meanwhile, on the work front, the veteran actor will be seen in the upcoming romantic-comedy film ‘Ghudchadi’ alongside Sanjay Dutt, Raveena Tandon, Parth Samthaan, and Khushalii Kumar. (ANI)

Baku-Bound IndiGo Takes Off Without ATC Clearances, Pilot Grounded

546 Technical Snags Reported By Airlines During Operations In 2022: MoCA

A total of 546 technical snags reported by various airlines in the country in the year 2022 and Indigo airline topped the list with 215 such incidents, the government said on Thursday.

According to Ministry of Civil Aviation (MoCA) data, Indigo Airlines topped the list with 215 such incidents while Spicejet and Vistara reported 143 and 97 technical snag-related occurrences in the year 2022.
While Air India (Fleet A) reported 64 such incidents, Go Air reported seven technical snags, the data showed.

On being asked whether it was a fact that more technical snags are reported in the country due to low-cost airlines, Minister of State for Civil Aviation, Gen V.K. Singh (retd), in a written reply, said that technical snags are experienced during the operation of aircraft.

“These (technical snags) may be due to improper functioning or malfunctions of systems, equipment or components fitted on the aircraft. Some of the technical snags may require the flight crew to take actions such as air turn back, abort take-off, or go around keeping the safety of operation in view, and are usually taken to avert serious incidents or accidents,” Singh added.

He said that operators take action to rectify the technical snags based on the guidance provided by the manufacturer before further operating the aircraft.

Commenting on steps taken or proposed to be taken by the Government to rectify such technical snags, Singh said that the Directorate General of Civil Aviation (DGCA) ensures that the airline and the maintenance organisation continue to comply with the regulatory requirements against which they have been initially approved through a system of surveillance, audits, spot checks, night surveillance etc. and in case of the non-compliances, DGCA ensures that rectification is done by the airlines/ maintenance organisation.

“DGCA initiates enforcement action against organisations/personnel in case violations are found which may include warning, suspension, and cancellation besides imposition of financial penalty,” Singh added. (ANI)

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Chief Justice DY Chandrachud

SC permits Adoption Of Child Of Unmarried Girl Who Earlier Sought Abortion

The Supreme Court on Thursday permitted the adoption of the child of a 21-year-old girl who had earlier sought abortion of 29-week pregnancy but later agreed to deliver the child, and also directed AIIMS to ensure that all necessary facilities are made available so that the delivery can take place in a safe environment.

A bench of Chief Justice DY Chandrachud with justices PS Narasimha and JB Pardiwala invoked the jurisdiction of this Court under Article 142 of the Constitution taking regard to the extraordinary situation as a young woman in distress moved the top court at a late stage of her pregnancy.
“We are adopting the present course of action consistent with the jurisdiction of this Court under Article 142 of the Constitution having regard to the extraordinary situation which has emerged before the Court involving a young woman in distress, who moved this Court at a late stage of her pregnancy,” the bench said.

The court said that the delivery of the child by the petitioner shall take place at AIIMS.

The court requested the Director of AIIMS to ensure that all necessary facilities are made available without the payment of fees, charges or expenses of any nature so that the delivery can take place in a safe environment at AIIMS.

“The privacy of the petitioner shall be maintained and all steps shall be taken to ensure that the identity of the petitioner is not divulged in the course of the hospitalization at AIIMS,” the court clarified.

The court also granted permission for adoption and said, “Permission is granted for the adoption of the child by the prospective parents whose details have been set out in the CARA registration form. CARA shall take all necessary steps to facilitate the implementation of this order.”

Solicitor General Tushar Mehta and Additional Solicitor General Aishwarya Bhati have apprised the Court that an effort has been made to facilitate the process of adoption of the child after delivery, by prospective parents who are registered with the Child Adoption Resource Authority

under the auspices of the Union Ministry of Women and Child Development.

The Court was also apprised of the fact that two prospective parents who have been registered with a parent registration number under CARA are ready and willing to adopt the child.

“We are adopting the present course of action consistent with the jurisdiction of this Court under Article 142 of the Constitution having regard to the extraordinary situation which has emerged before the Court involving a young woman in distress, who moved this Court at a late stage of her pregnancy,” the court said.

The adoption situation was taken care of after the court noted that the petitioner does not wish to retain the child with her after delivery and would not be in a position to care for the child.

“In the circumstances, having regard to the late stage of the pregnancy, it has been considered in the best interest of the mother and the fetus that the child, upon delivery, may be given in adoption,” the court said.

The petitioner is reported to have lost her father during the Covid-19 pandemic and has a mother, who is unwell. The petitioner also has a married sister who is about ten years older than her. ASG Aishwarya Bhati has informed the Court that she has also interacted with the sister of the petitioner to explore whether she would be willing to take the child in adoption, however, the sister expressed her inability to do so for a variety of reasons.

The Supreme Court earlier asked the director of AIIMS, Delhi, to constitute a team of doctors on Friday to examine whether the termination of 29 weeks pregnancy of an unmarried B. Tech student can be conducted safely.

It has also asked the Additional Solicitor General (ASG) to assist the court in the case.

The lawyer appearing for the girl told the bench that she is living in a hostel in Ghaziabad. He said the girl wants to terminate an unwanted pregnancy which is approximately 29 weeks. Advocates Amit Mishra and Rahul Sharma were the counsel who appeared on behalf of the petitioner. (ANI)

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Shanghai Cooperation Organization (SCO)

All SCO Countries Including Pakistan Are Expected To Attend Events: MEA

As India currently holds the Shanghai Cooperation Organization (SCO) presidency, it expects all member countries including Pakistan to attend the events under its SCO chairmanship, the official spokesperson of the Ministry of External Affairs, Arindam Bagchi said on Thursday.

“We hold the current presidency of SCO. As customary, we extend invites to all SCO countries including Pakistan. We expect them all to attend the events,” Bagchi said in response to a question on India’s SCO invite to Pakistan.
India has formally sent invitations to all members of the Shanghai Cooperation Organization (SCO) including Pakistan and China for the upcoming foreign ministers’ meeting which will be held in Goa from May 4-5.

“I think Pakistani officials might have attended such events. I don’t know who all have confirmed. We’ll let you know closer to the date,” Bagchi added while speaking during the MEA weekly media briefing.

The invitation has been extended to SCO members including the new Foreign Minister of China Qin Gang and Pakistan’s Foreign Minister Bilawal Bhutto.

India took over the chairmanship of the nine-member mega grouping in September of last year and will be holding key ministerial meetings and the summit this year.

“So far there is no confirmation from the Pakistani side whether Foreign Minister Bilawal will attend the meeting or not,” sources said.

Relations between the two countries have been precarious for many years with regard to issues of cross-border terrorism from Pakistan, even as Islamabad has been seeking the restoration of Article 370 for the former Indian state of Jammu and Kashmir for any talks.

The External Affairs Ministry spokesperson in response to a question on Qatari Naval Officers said he doesn’t have any update this week.

On being questioned if any foreign government had approached India regarding the status of Adani, Bagchi said that he isn’t aware of any such outreach.

Bachi said that India during its G20 presidency will showcase various elements including the country’s tech and economic success. (ANI)

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Union Public Service Commission (UPSC)

No Decision On Uniform Civil Code As Of Now: Rijiju

The Centre has not taken any decision as of now on the implementation of a Uniform Civil Code in the country, Union Law Minister Kiren Rijiju informed Rajya Sabha on Thursday.

The Minister was responding to a query regarding “whether Government has any plan to pass the Uniform Civil Code (UCC) Bill”.
“As per the information received from the Law Commission, the matter related to the Uniform Civil Code (UCC) may be taken up by the 22nd Law Commission for its consideration. Therefore, no decision on the implementation of a uniform civil code has been taken as of now,” said Rijiju.

He further responded that the government had requested the 21st Law Commission of India to undertake an examination of various issues relating to UCC and to make recommendations thereon.

However, the term of the 21st Law Commission ended on August 31, 2018, informed the Law Minister.

On the queries regarding “whether the government is heading towards appointing its representative in the process of appointment of judges” and “whether the Government is considering to set up an independent regulator like Union Public Service Commission (UPSC) for appointment of judges?”, the Law Minister informed the Parliament that in its recent communication dated January 6, 2023, to Supreme Court of India, the Government has emphasized the need to finalize the MoP in view of various judicial pronouncements and inter-alia suggested that the Search-cum-Evaluation Committee in respect of appointment of Judges in the Supreme Court and Chief Justices of High Courts should consist of a representative nominated by Government of India.

For the appointment of Judges in the High Courts, the Committee should consist of a representative nominated by the Government of India and a representative of State Government(s) under the jurisdiction of the High Court as nominated by the Chief Minister(s).

It has been proposed that for appointment and transfer of Chief Justices and Judges of High Courts, the names recommended by the Chief Minister can be received by the Search-cum-Evaluation Committee along with the names taken from senior Judges outside the Collegium and eligible candidates taken from the database (Judicial Officers and Advocates) as maintained by the proposed Secretariat.

The High Court Collegium may deliberate upon panel of names drawn up by the Search-cum-Evaluation Committee and recommend the names of most suitable candidates for appointment of Judges in the Supreme Court, Chief Justices and Judges High Courts.

The Collegium at the appropriate level may address the above requirements of drawing up a panel of eligible candidates from the aforementioned sources and draw up their proceedings by rendering requisite reasons and thereafter send the proposal to the Government with relevant documents.

Law and Justice Minister while responding to queries in parliament stated that the appointment of judges of the Supreme Court and High Court is made under Articles 124, 217 and 224 of the Constitution of India which do not provide for reservation for any caste or class of persons.

“The Government has, however, been requesting the Chief Justices of High Courts that while sending proposals for the appointment of judges, due consideration be given to suitable candidates belonging to Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities and Women to ensure social diversity in appointment of judges in the High Courts,” said Rijiju.

Enabling representation of women judges in the High Courts against the sanctioned strength of 1108 Judges 775 Judges are working as on January 31, 2023, out of which 106 are women Judges which makes 9.5 per cent women Judges of the working strength in the High Courts, says Law and Justice Minister.

While responding to the queries in Parliament Kiren Rijiju also said the appointment of Judges and Judicial Officers in the District and Subordinate Courts falls within the domain of the High Courts and State Governments concerned.

The Supreme Court of India, through a judicial order in January 2007 in the Malik Mazhar Sultan case, stipulated that the process for recruitment of judges in subordinate courts would commence on 31st March of a calendar year and end by October 31 of the same year.

In the said case, the Supreme Court, taking suo-motu cognisance of a large number of judicial vacancies in lower courts, directed State Governments/UTs and Registrars General of jurisdictional High Courts to inform the position regarding filling up of judicial vacancies. The Supreme Court is monitoring the filling up of vacancies under the said judicial order.

Rijiju while replying to the queries also informed the Parliament that 768 Fast Track Special Courts were established under the Scheme of FTSCs, including 418 POCSO courts to deal with Rape and POCSO cases. Providing quicker justice to survivors.

It was also told in the Parliament that, based on the evaluation of the Gram Nyayalayas scheme undertaken by DMEO, NITI Aayog through M/s KPMG Advisory Services Pvt. Ltd. in 2019, the Scheme of Gram Nyayalayas has been extended from 2021-22 to 2025-26 along with the extension of Centrally Sponsored Scheme for the development of infrastructure facilities for judiciary with a financial outlay of Rs 50 crore for Gram Nyayalaya out of Rs 5357 crores allocated (Central Scheme) for Centrally-Sponsored Scheme, subject to the condition that review be undertaken after one year to assess whether Gram Nyayalaya Scheme has successfully achieved its objectives. (ANI)

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Nirmala Sitharaman

Sitharaman To Brief BJP MPs On Budget 2023 Tomorrow

Union Finance Minister, Nirmala Sitharaman who presented the Narendra Modi government’s last full budget ahead of the 2024 Lok Sabha elections, will hold a briefing for the BJP MPs both of Lok Sabha and Rajya Sabha on Friday, sources said.

She will explain the budget to the MPs in the meeting.
The briefing will be held at 9 am at the Balayogi Auditorium in Parliament Library Building in the national capital, all MPs have been informed.

This briefing comes at a time when the party has asked all its members of Parliament to go to the respective constituencies and tell the common man what does budget means and how it has been brought out, keeping the interest of every stratum of society in mind.

Meanwhile, Sitharaman yesterday announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh stating that the new tax regime will now be the default tax regime.

The Finance Minister also proposed to change the tax structure in this regime by reducing the number of tax slabs to 5 and increasing the tax exemption limit to Rs 3 lakh.

The government proposed to increase capital expenditure outlay by 33 per cent to Rs 10 lakh crore in 2023-24, which would be 3.3 per cent of the GDP, Union Finance Minister Nirmala Sitharaman said on Wednesday.

Further, the government proposed to increase the agricultural credit target to Rs 20 lakh crore with a focus on animal husbandry, dairy and fisheries, Sitharaman said. The agriculture sector of the country has been growing at an average annual growth rate of 4.6 per cent in the last six years.

Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Wednesday pegged the fiscal deficit target for 2023-24 at 5.9 per cent of gross domestic product (GDP).

The Finance Minister further said that the government intends to bring the fiscal deficit below 4.5 per cent of GDP by the financial year 2025-26. (ANI)

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