New Delhi: The BJP on Thursday demanded initiation of criminal proceedings against Delhi Chief Minister Sheila Dikshit for allegedly misusing public funds on an advertisement campaign to get political mileage ahead of last Assembly polls.
"We demand registering a criminal case against the Delhi CM for misusing the hard-earned money of tax payers in her election campaign in 2008. We demand immediate action based on the recommendations of the Lokayukta in this matter," Former Delhi BJP chief Vijender Gupta told reporters in a press conference in New Delhi.
"A party delegation will meet the President and apprise him of the realities and convince him to accept the Lokayukta recommendations. It is a national shame that huge public funds was siphoned off for party purposes in the capital," Gupta said.
Delhi Lokayukta had on Wednesday held Dikshit guilty of allegedly misusing public funds on an advertisement campaign to get political mileage ahead of last Assembly polls and recommended recovery of Rs 11 crore either from her or Congress....
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12:26 AM, May 24, 2013
Delhi Chief Minister Sheila Dikshit was pulled up by the state Lokayukta for misusing public funds on government advertisements before the 2008 election. ...
09:06 PM, May 23, 2013
New Delhi: In a blow for Delhi Chief Minister Sheila Dikshit, the state Lokayukta has indicted the Delhi government and the Chief Minister for misusing public funds worth Rs 22 crore for an advertising blitz during the 2008 election. The Lokayukta has now appealed to the President to ask Dikshit to return Rs 11 crore to the state exchequer. Lokayukta Justice Manmohan Sarin recommended President Pranab Mukherjee to administer "caution"...
09:30 AM, May 23, 2013
SEBI Chairman UK Sinha said, "If you look at SEBI act section 11 AA, it has several exemptions - chit funds, cooperatives, Nidhi are exempted. ...
10:09 AM, May 21, 2013
New Delhi: Punjab on Monday demanded that the Centre should double the amount of compensation given under State Disaster Relief Fund (SDRF) for crop damaged beyond 50 per cent. The present limit of the compensation is Rs 6,000 per hectare. Keeping in view the rising input costs in agriculture and its vulnerability to adverse climatic challenges it becomes imperative to double the compensation amount immediately, Punjab's Revenue & Rehabilitation Minister...
03:15 AM, May 14, 2013
Milan: A Milan appeals court upheld a four-year sentence for tax fraud against former prime minister and centre-right leader Silvio Berlusconi on Wednesday, adding to the complications facing Italy's fragile coalition government. In addition to the jail sentence for tax fraud in connection with the purchase of broadcasting rights by his television network Mediaset, the court's ruling would also bar Berlusconi from holding public office for five years. However, neither...
07:40 AM, May 09, 2013
Gaya: Highlighting initiatives undertaken by his government, Bihar Chief Minister Nitish Kumar on Wednesday said the pace of progress could be understood from the almost ten-fold increase in funds spent on development in the state. "Prior to the NDA rule not even Rs 3,000 crore were spent on developmental works in Bihar. The amount has now risen to Rs 26,000 crore in fiscal 2012-13," Kumar said in Gaya. He said...
12:43 AM, May 09, 2013
Mumbai: Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance - including to competitors. Kinariwala's Capveda Capital (India) Advisory fund, which he runs from a modest office in a decrepit industrial estate in Mumbai, has returned 11.86 per cent so far in 2013, outperforming average negative returns of...
09:14 AM, Apr 29, 2013
Kolkata: With the Mamata Banerjee regime readying to crack the whip on the chit funds by bringing a new Bill, a debate has begun whether it will stand up to judicial scrutiny as the government has apparently decided to implement the law with retrospective effect. The West Bengal Protection of Interest of Depositors in Financial Establishments Bill, 2013 will have retrospective effect, Parliamentary Affairs Minister Partha Chatterjee said. It will...
10:44 AM, Apr 28, 2013
New Delhi: Expressing concern over the misuse of central funds in Odisha, a delegation led by state Congress president Niranjan Patnaik met Prime Minister Manmohan Singh to seek a need-based financial package for the state, party leaders said in Delhi on Saturday. "The prime minister has said that there is no discrimination whatsoever with Odisha as is being claimed by the state government, and under the revised guidelines of backwardness,...
06:01 AM, Apr 28, 2013
Dehradun: Claiming that development has gained pace in Uttarakhand over the past few months, Union Minister Harish Rawat on Tuesday exuded confidence about the ruling Congress's impressive victory in the civic body polls in the state slated for April 28, 2013. "Development oriented decisions taken by the state government over the last few months are bound to play a big role in ensuring the Congress' thumping victory in the forthcoming...
03:13 AM, Apr 24, 2013
Kolkata: As the chit fund meltdown is spreading like a contagion in rural Bengal, a 50-year-old woman, who had deposited Rs 30,000 in Saradha Group, on Sunday, succumbed to her injuries after she set herself on fire. The woman set herself on fire on Saturday evening at her home after coming to know that the company had gone bust. Meanwhile, the Mamata government is on the defensive with the Left...
08:42 AM, Apr 22, 2013
Kolkata: A 50-year-old woman, who had deposited money in chit fund company Saradha Group, on Sunday succumbed to her injuries after she set herself on fire, while a man tried to poison himself, even as political parties traded charges over the scandal. Urmila Pramanik, a resident of Baruipur in South-24 Parganas district, who had invested Rs 30,000 with the chit fund company, set herself on fire on Saturday evening at...
10:23 PM, Apr 21, 2013
Kolkata: Threatening to file defamation suit against CPI(M) leaders for alleging that he had received crores from absconding Saradha Group chairman Sudipta Sen, TMC general secretary Mukul Roy on Sunday said the government will take steps to book the accused and protect investors' interest. "These are baseless allegations. I will file a defamation suit against them (CPI(M) leaders)," Roy said referring to the allegation of his receiving money from the...
09:14 PM, Apr 21, 2013
Kolkata: West Bengal Chief Minister Mamata Banerjee on Saturday blamed the Congress-led United Progressive Alliance (UPA) government in New Delhi for playing "sheer politics" by not yet releasing its share of the funds for the rural job scheme. Bengal's spending on the 100 days of jobs provided under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was the country's highest at Rs.4,408.70 crore, as against a total fund availability of...
05:29 AM, Apr 21, 2013
New Delhi: Decks have been cleared for clubbing of allowances with basic pay for PF deductions under the EPFO scheme, a move that will increase savings but reduce take-home pay of over five crore subscribers. A review committee, constituted to look into the nitty-gritty of clubbing of allowances with basic pay for PF deductions, has supported the idea for enhancing the social security benefit under the EPF scheme run by...
01:08 PM, Apr 20, 2013
New Delhi: The government is committed to the modernisation of the Indian Air Force (IAF) and funds are not a problem to ensure that it remains at the forefront of technology, Defence Minister AK Antony said on Tuesday while stressing the need to observe austerity measures. "Procurement and acquisitions span the entire spectrum of the capabilities of the IAF, including fighter aircraft, transport aircraft, helicopters and modernisation of the air...
05:25 AM, Apr 17, 2013
London: Queen Elizabeth II has received a 5 million-pound ($7.6 million) boost in annual funds the British monarch receives from taxpayers to carry out official duties, pay staff and maintain royal palaces. The Sovereign Grant has been set at 36.1 million pounds for the 2013/14 financial year, compared to 31 million pounds allocated during 2012. The new fund - which equals 15 per cent of the profits of the Crown...
06:45 AM, Apr 04, 2013
Known for its history, especially battle of the Mahabharata, Haryana's Kurukshetra district has scored a first in technology among all other districts in the country. Kurukshetra has become the first district to launch the Village Integrated Monitoring Software (VIMS) to bring transparency to development works being undertaken at the village level. ...
02:58 AM, Mar 27, 2013
Ex-French President Nicolas Sarkozy was placed under formal investigation on Thursday for "abuse of weakness" in a 2007 party funding case involving elderly L'Oreal heiress Liliane Bettencourt, the public prosecutor said. ...
10:40 AM, Mar 22, 2013
