Citizens' Issues
Maharashtra Governor puts ACB back in RTI Act

RTI activist Vijay Kumbhar ‘s letter to the Governor demanding scrapping of the notification keeping the Anti-Corruption Bureau out of the RTI Act, has worked

 

The sly move of the outgoing Cong-NCP government of Maharashtra of illegally keeping Anti-Corruption Bureau out of the RTI Act was dismissed by the Governor on Wednesday, a day before the swearing-in ceremony of the new BJP government on Friday.


Late in the evening, the Governor of Maharashtra, Vidyasagar Rao, used his power to scrap a curious notification issued by the outgoing Congress-NCP government. The notification was surreptitiously put up only on the Anti-Corruption Bureau’s website and not on the Maharashtra government’s website, as is the norm.


This had invited ire from RTI activists, especially those who had lodged formal complaints against powerful politicians of Maharashtra for corrupt practices. Pune-based RTI activist, Vijay Kumbhar, had shot off a letter to the Governor pointing out to him, the complete disregard to a clause in the RTI Act which makes it mandatory to provide information regarding corruption.


The press statement issued by the Raj Bhavan stated, “The Governor took the decision to withdraw the notification issued by the State Government on 6thSeptember 2014 after considering representations from various RTI activists and taking cognizance of newspaper reports which reflected the view that the notification was in violation of the RTI Act. The Governor also got the issue legally examined before taking the decision to withdraw the notification.”


An elated Kumbhar stated that, ``the state government should not have indulged in such illegality in the first place. It was clear the outgoing government wanted to save the skin of bureaucrats and politicians against whom there is enough evidence of big corruption charges. I am happy that the Governor has taken note of my letter and acted objectively and for citizens’ interest.’’


Read our earlier story: http://www.moneylife.in/article/congress-ncp-govt-removed-anti-corruption-bureau-from-rti-just-before-polls/39197.html

 

 
 
Following is the flash press release issued by Raj Bhavan:

Raj Bhavan, Mumbai
 

30 October 2014


FLASH: PRESS RELEASE

 

Maha Governor orders withdrawal of notification 
exempting ACB from the purview of RTI Act

 

The Governor of Maharashtra Ch Vidyasagar Rao on Thursday (30 Oct) directed the State Government to withdraw the notification that had exempted the Anti-Corruption Bureau from the provisions of the Right to Information (RTI) Act.

 

The Governor took the decision to withdraw the notification issued by the State Government on 6thSeptember 2014 after considering representations from various RTI activists and taking cognizance of newspaper reports which reflected the view that the notification was in violation of the RTI Act.

 

The Governor also got the issue legally examined before taking the decision to withdraw the notification.

 
(Umesh Kashikar)
 
 


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SEBI moves SC to get Sahara to pay up Rs47,000 crore
The regulator has applied to the SC seeking directions against Sahara and to obtain a schedule of payment for the whole amount.
 
SEBI on Thursday moved the Supreme Court seeking the directions against the Sahara Group for non-payment of dues of Rs47,000 crore.
 
In its petition, SEBI has said that it has received complaints from buyers that Sahara is not interested in selling its properties and repaying the investors. The SC directed and allowed Sahara sell properties to make good on the obligations worth Rs47,000 crore.
 
SEBI has also sought that Sahara Group must file a report to SC about the schedule of its payment of about Rs47,000 crore balance that it is said to owe to investors.
 
Since August, Sahara has been in the process of selling its properties to be able to furnish a record amount as guarantee for the release of Sahara Group Chairman Subroto Roy. The Rs10,000 crore amount which effectively became the bail amount, was being raised by Roy, by holding meetings in the Tihar Jail complex's conference room.
 

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COMMENTS

Rajeev

2 years ago

It's just a plan and nothing else.....Keep the owner in jail....demand him to pay the refunds at any cost...he will sale all his assets at very low cost to come out....buy it an then become a king pin....and the Person "Subarata Roy" proven to be threat will no longer be stronger enough to fight back....so put some other charges on him and drag him to jail again....

Nilesh

2 years ago

Don't know why they are forcing sahara to sell his property at such lower rates.....nobody wants to sell his property which he earned with lots of hard work like vegetables on street....then why subrata roy will do so....?

Isha Patel

2 years ago

#sebi stop fooling people now. Everyone knows that #sahara and #subrataroy are innocent they always worked for the welfare of people..

Isha Patel

2 years ago

#sebi stop fooling people now. Everyone knows that #sahara and #subrataroy are innocent they always worked for the welfare of people..

manoharlalsharma

2 years ago

last news appeared in leading newspaper was that money deposited with S.E.B.I. by the SAHARA to be REFUNDED to its' Original lenders but failed to find them even after sending REMINDERS.then why SAHARA should wind up ? at DISTRESS.

Nifty, Sensex may try to push higher – Thursday closing report
Nifty may correct a bit intraday, but the trend is higher for now
 
On a volume of 101.56 crore shares on the NSE, the index witnessed a gradual up move throughout the session today. During each of the past three trading sessions the benchmark made higher percentage gains. Today the huge volume has been on the back of expiry of the October futures and options segment. Yesterday, we mentioned that as long as the Nifty remains above 8,030, the uptrend may continue.
 
S&P BSE Sensex opened at 27,099 while CNX Nifty opened at 8,085. After hitting the intra-day lows at almost the same level, the indices marched higher. Except for minor pullbacks during the day the indices traded in the positive for the entire trading session. Sensex hit a high at 27,391 and closed at 27,346 (up 248 points or0.92%) while Nifty hit a high at 8,182 and closed at 8,169 (up 79 points or 0.97%). India VIX rose 2% to close at 13.2650.
 
After trading hours on Wednesday, the government announced a relaxation of rules for foreign investment in property development and construction. Among other measures, 100% foreign direct investment (FDI) under the automatic route will be permitted in the construction development sector.
 
Global credit rating agency Moody's Investors Service said that the Government of India's and the Reserve Bank of India's recent economic, fiscal and financial measures will, if successfully implemented, sustain higher GDP growth and address some of the constraints on India's sovereign credit profile.
 
Today was the second consecutive session when SRF (11.27%) was the top gainer in ‘A’ group on the BSE and also hit a new 52-week high. The performance is on the back of good September 2014 quarter results.
 
Raymond (4.83%) was among the top two losers in ‘A’ group on the BSE. The pullback was on the back of a fall in the bottomline of September 2014 over September 2013 quarter, where the revenue from operations registered growth for the relevant quarter.
 
US Federal Reserve's statement at the conclusion of its meeting was seen as showcasing more confidence about American economic growth prospects. This helped the IT stocks back home. TCS (2.21%) and Infosys (1.72%) were among the top five gainers in the Sensex 30 pack.
 
Sesa Sterlite (1.12%) was the top loser among Sensex 30 stocks. It posted a net profit of Rs923.79 crore for the quarter ended September 2014 as compared to a net profit of Rs737.63 crore for the quarter ended September 2013. However, the revenue for the relevant quarter fell from Rs10,962.52 crore to Rs8,735.25 crore.
 
US indices closed in the red on Wednesday.
 
The Federal Reserve on Wednesday ended its monthly bond purchase program and signalled confidence that the US economic recovery would remain on track despite signs of a slowdown in many parts of the global economy. The timing and pace of rate hikes would depend on incoming economic data, the Fed said.
 
Asian indices showed mixed performance. Shanghai Composite (0.76%) was the top gainer while Hang Seng (0.49%) was the top loser.     
 
China's international payments were largely balanced in the third quarter with a surplus in the current account offsetting a deficit in the capital account, the latest data showed. China's current-account surplus in the three months ended September rose to $81.5 billion, compared with a revised surplus of $73.4 billion in the second quarter, the country's foreign-exchange regulator said. The nation had a capital and financial account deficit of $81.6 billion in the third quarter, indicating net outflows of investment funds, the State Administration of Foreign Exchange said. The latest data are initial estimates and will likely be revised later.
 
European indices were trading lower. US Futures too were trading in the red.

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