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Austerity drive: Cabinet Secretary Seth asks bureaucrats to 'strictly' follow code

The Cabinet Secretary directed top bureaucrats in all ministries to refrain from holding conferences and meetings in five-star hotels

 

Union cabinet secretary Ajit Seth has asked top bureaucrats in all ministries to "strictly" follow the austerity code and refrain from holding conferences and meetings in five-star hotels.
 
They have been told that five-star hotels should be used only for important bilateral or multilateral official engagements.
 
In a recent communication to all secretaries, Seth said they should ensure "strict compliance" of the instructions.
 
In October last year, the government had unveiled an austerity drive to trim fiscal deficit by banning first class air travel for bureaucrats, meetings in five-star hotels and purchase of cars. It also put a freeze on new appointments.
 
The measures that are aimed at cutting non-plan spending by 10% include a ban on filling of vacant posts to reduce fiscal deficit to 7-year low of 4.1% of GDP.
 
It had said that Secretaries would be responsible for ensuring compliance of austerity measures.
 
It had also said that only the seminars and conferences that are absolutely essential should be organised and holding of exhibitions/seminars/conferences abroad is strongly discouraged except in case of exhibitions for trade promotions.
 
The government proposes to lower the fiscal deficit to 3% of GDP by 2016-17. It had touched a high of 5.7% in 2011-12, was brought down to 4.8% in 2012-13 and further to 4.5% in 2013-14 by way of austerity measures.
 

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Supreme Court restrains Gujarat Police from arresting Teesta Setalvad, her husband

The apex court also directed Setalvad and her husband Javed Anand to provide Gujarat police all documents, vouchers and list of persons who gave donations to their NGOs

 

The Supreme Court on Thursday directed Gujarat Police not to arrest social activist Teesta Setalvad and her husband in a case of alleged embezzlement of funds for a museum at Ahmedabad's Gulbarg Society that was devastated in the 2002 riots.
 
"It is directed that the petitioners (Setalvad and her husband) will not be arrested in connection with the case," a bench comprising justices Dipak Misra and Adarsh Kumar Goel said, while reserving its judgement on their plea seeking anticipatory bail.
 
The apex court directed Setalvad and her husband Javed Anand to provide all documents, vouchers and list of persons who gave donations to their NGOs Sabrang Trust and Citizens for Justice and Peace for carrying out investigation in the case.
 
The bench accepted the request of their counsel Kapil Sibal that their accountant will be allowed to represent along with them before the Gujarat Police during the inquiry.
 
On the apprehension of Gujarat Police on the issue of non-cooperation of the accused during the investigation, the bench told senior advocate Mahesh Jethmalani, appearing for the Gujarat government, "If they will not cooperate with you in the investigation, you can file an application before us for cancellation of their bail."
 
The bench declined to give any commitment to Sibal whether the inquiry will be limited to post-2007 donations received by the two trusts for setting up a museum in memory of the victims or it will cover the activities of NGOs since 2002.
 

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COMMENTS

shivkumar

2 years ago

Subrata Roy enjoying all expense paid holiday at the most important jail in the country.It is we the tax payers are paying for his stay.

Bank credit continues to trail deposit growth

Most of the banks are seeing muted loan growth this fiscal as the economy is yet to pick up

 

Indian commercial banks’ credit grew 10.38% to Rs64.42 lakh crore in the fortnight to 6th February, shows data from the Reserve Bank of India (RBI).
 
The advances were at Rs58.36 lakh crore in the same period last year.
 
Most of the banks are seeing muted loan growth this fiscal as the economy is yet to pick up.
 
Last week, State Bank of India (SBI) said it expected credit growth to be at 10% in FY15, while the second largest lender Bank of Baroda is looking at a loan expansion of 11%-12% in the current fiscal.
 
According to the data, bank deposits rose 11.77% to Rs84.62 lakh crore in the period under review as against Rs75.71 lakh crore a year-ago.
 
Demand deposits grew 11.61% to Rs7.58 lakh crore from Rs6.79 lakh crore in the same period last year.
 
In the reporting period, time deposits were up 11.79% to Rs77.05 lakh crore as against Rs68.92 lakh crore last year, the data showed. 
 

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