Newspaper Articles- 21st Aug 2016

National

Deputy Governor Urjit Patel named Rajan’s successor : Known as the Inflation Warrior inside RBI, Urjit Patel has been named as the New RBI Governor.

Home Minister: no record of Amnesty indulging in anti-national activity : Finally, the state government says that there are no records of Amnesty indulging in anti – national activities! This, after Amnesty had closed all its offices in India fearing violence from fringe groups!

Speaker asks BRICS to join hands for SDGs At the first meeting of BRICS Women Parliamentarians Forum, the Speaker said BRICS Nations need to cooperate to meet the sustainable development goals.

Didn’t stall judicial appointments: Govt. : The Government says they are not stalling appointment of judges. In fact the NJAC Act was in place from August 2014 to December 2015 – when the SC ruled against it as unconstitutional. But during that  period, the law was not stayed by the court and it was operational.

International

Myanmar to support Silk Road, BCIM : Aung Suu Kyi is in China to seek Chinese Investment and at the same time has too balance the demands of environment groups at home against damages caused due too such projects. Myitsone project, the controversial China-backed undertaking worth $3.6 billion stalled since 2011 on the grounds of causing extensive ecological damage was also discussed.

Economy

Moderate taxes and evasions can’t coexist: Finance Minister : The Government is going to be very strict of tax evasion.

‘At least 50 firms keen to partner Postal Bank’ : At least 50 firms, including the World Bank is keen on India’s Postal Payment Banks.

Indian innovation has long way to go: DIPP’s Agarwal : India;s Education system remains the biggest hurdle in India’s innovation , laments Join Secy, Department of Industrial Policy and Promotion.