FinMin Sitharaman tables Economic Survey 2022-23

New Delhi (ANI): The Rajya Sabha was on Tuesday adjourned for the day after Finance Minister Nirmala Sitharaman tabled the Economic Survey, 202223 along with Highlights and Statistical Appendix in the House on the first day of the Budget Session of Parliament.

The House of Elders assembled briefly for transaction of govt business followed by President Droupadi Murmu’s address to both the Houses of Parliament together in the Central Hall of Parliament House. Soon after the Rajya Sabha assembled around 1 pm, Chairman Jagdeep Dhankhar read the obituary references to the passing away of ex-members of the House D Masthan and Sharad Yadav.

Dhankhar also congratulated the Under 19 Women’s cricket team for a spectacular win at the U-19 T20 World Cup. India on Sunday defeated England by seven wickets in T20 World Cup final to become the first women’s Indian cricket team to win a world championship.

A copy of the President address (both in English and Hindi) were later tabled by Secretary General PC Mody showing the Bills

UNEMPLOYMENT RATES FALLING FOR 3 FISCALS

THROUGH 2020-21 passed by the Houses of Parliament during the Two Hundred and Fiftyeighth Session of the Rajya Sabha and assented to by the President. Finance Minister later laid on the table, a copy (in English and

New Delhi: The Economic Survey document on Tuesday showed labour markets in India have recovered beyond pre-Covid levels, with unemployment rates falling during the three financial years through 2020-21.

“Labour markets have recovered beyond pre-Covid levels, in both urban and rural areas, with unemployment rates falling from 5.8 per cent in 2018-19 to 4.2 per cent in 2020-21,” it said.

In The Courtyard

ARMED FORCES CAN TAKE ACTION AGAINST THEIR OFFICERS FOR ADULTEROUS ACTS: SC

New Delhi: The Supreme Court on Tuesday ruled that armed forces can take action against their officers for adulterous acts, as it clarified the landmark 2018 judgement that decriminalised adultery. A five-judge Constitution bench said its 2018 judgement was not concerned with the provisions of the armed forces acts. The top court, on a plea filed by NRI Joseph Shine, in 2018 had struck down Section 497 of the IPC dealing with the offence of adultery, holding it unconstitutional.

Chargesheet Filed Against Is Man For Conspiring To Recruit Youth

New Delhi: The National Investigation Agency (NIA) on Tuesday filed a chargesheet against an accused in a case related to a conspiracy hatched by proscribed Islamic State terror group, also known as ISIS, for recruitment of youth for terror activities in India, an official said. The chargesheet against Mohammad Mohsin Ahmad, a resident of Patna in Bihar, was filed in the special NIA court in Patiala House Court here, a spokesperson of the agency said.

Give Letter Of Authority To Cbi To Access

FOREIGN ACCOUNTS: SC TO NIRAV MODI KIN

New Delhi: The Supreme Court on Tuesday suggested Mainak Mehta, the brother-in-law of fugitive diamantaire Nirav Modi who is an accused in the PNB fraud case, to give a “letter of authority” to CBI to access and probe his offshore bank accounts. The top court was hearing a CBI plea, filed through its Director, Banking Securities Fraud Branch, Mumbai, challenging the August 23, 2022 order of the Bombay High Court which had allowed Mehta to travel to Hong Kong and stay there for three months.

VERDICT RESERVED ON RANA AYYUB’S PLEA AGAINST SUMMONS IN PMLA CASE

New Delhi: The Supreme Court on Tuesday reserved its verdict on a plea of journalist Rana Ayyub challenging the summons issued by a special court in Ghaziabad in the Prevention of Money Laundering Act (PMLA) case. A bench said it will pass orders on the plea. Enforcement Directorate (ED) has attached the journalist’s personal bank account in a bank at Navi Mumbai in which around Rs 1 crore was lying.

Supreme Court To Hear In March

Pleas On Electoral Bonds Scheme

New Delhi: The Supreme Court has said that it will hear in March a batch of pleas challenging the govt’s Electoral Bond scheme which allows for anonymous funding to political parties. A bench posted the matter for hearing in the third week of March. It also said that two other petitions —one raising the issue of bringing political parties under the RTI Act and other regarding the certification under the FCRA for political funding, are distinct from the case of the electoral bonds and will be heard separately.

SURVEY SUGGESTS

GOVT TO FOLLOW

FISCAL PRUDENCE

New Delhi: Amid expectations of tax relief for middle class in Budget, Economic Survey has suggested that the government should follow the path of fiscal prudence as it will benefit all sections of society by keeping interest rates low. The Survey argued that fiscal discipline will ensure significant fiscal space for policy action in uncertain times.

Hindi) of the Economic Survey, 2022-23 along with Highlights and Statistical Appendix.

The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the

Itanagar (PTI):

Arunachal Pradesh

Chief Minister Pema Khandu has said that his government’s priority is to uplift the rural economy and the administration is promoting self-help groups (SHGs) through a livelihood mission, an official statement said on Tuesday.

Khandu, on a two-day visit to Kra Daadi district, laid foundation stones for several important projects at Palin and Chambang on Monday.

“If villages are developed, a constituency, district, state and the country will develop,” he said at a public meeting.

HOUSING & URBAN

AFFAIRS EXPENDITURE

DECLINED IN 2022-23

New Delhi: Capital expenditure on Housing and Urban Affairs declined 32 per cent on a yearly basis in the first eight months of financial year 2022-23, the Economic Survey document showed on Tuesday. During the mentioned period of 2022-23, the capex spending on housing and urban affairs was Rs 11,000 crore as against Rs 17,000 crore same period last year.

Ministry of Finance and formulated under the supervision of the chief economic adviser V Anantha Nageswaran, will give insights into the state of the economy and various indicators in the current financial