LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Wednesday, 11 June 2014

11 June 2014: Govt carry forward with reforms of Cabinet. Many committees desolved, new committees created by Modi govt.

Ø  Ten days after ‘abolition’ of all Group of Ministers (GoMs) and Empowered Group of Ministers (EGoMs) ‘for greater accountability and empowerment,’ the Prime Minister Narendra Modi announced discontinuation of four Standing Committees of the Cabinet. A statement by the Prime Minister’s Office (PMO) said the functions of Cabinet Committee on Management of Natural Calamities which stands discontinued will be handled by the Committee under the Cabinet Secretary whenever natural calamities occur. Functions of Cabinet Committee on Prices will be handled by the Cabinet Committee on Economic Affairs; of the Cabinet Committee on World Trade Organisation Matters by the Cabinet Committee on Economic Affairs and, whenever necessary, by the full Cabinet and on the Cabinet Committee on Unique Identification Authority of India related issues it said that major decisions in this area have already been taken and the remaining issues will be brought to the Cabinet Committee on Economic Affairs. The Prime Minister will be re-constituting the Appointments Committee of the Cabinet, the Cabinet Committee on Economic Affairs, the Cabinet Committee on Parliamentary Affairs, the Cabinet Committee on Political Affairs and the Cabinet Committee on Security.
P K Mishra

Ø  Former Agriculture Secretary P.K. Mishra has been appointed Additional Principal Secretary to Prime Minister Narendra Modi.
Ø  Taliban gunmen attacked a security post outside Pakistan’s Karachi airport, a day after an all-night siege by the militants left 37 dead and shredded a tentative peace process.

Ø  Worried over the spurt in bad loans, bankers, asked the Finance Minister to consider setting up a National Asset Management Company to deal with the problem and address capital issues of state-owned lenders. Gross non-performing assets of public sector banks rose to Rs.2.03 lakh crore at the end of September, 2013, from Rs.1.55 lakh crore on March 31, 2013.

No comments:

Post a Comment