Yogi government ends four-decade-old practice of state exchequer paying ministers’ taxes

The Uttar government on Friday decided that ministers will start paying their own income tax, ending a four-decade-old practice of the state exchequer shelling out the amount annually for them.The decision has been taken on the directives of Chief Minister Yogi Adityanath,” he added.The law, enacted when Vishwanath Pratap Singh was the chief minister, has been in force during the terms of 19 CMs and about 1,000 ministers so far.

ABVP Sweeps DUSU Poll With 3 Posts. NSUI Bags 1

Delhi University Students’ Union (DUSU) election result has been announced. RSS backed Akhil Bharatiya Vidyarthi Parishad (ABVP) wins President, Vice President and Joint Secretary posts out of the four key posts and the Congress’ student wing National Students’ Union of India(NSUI) wins  the Secretary post.

RBI reduces risk weight for consumer credit

Banks will be able to lend more to customers for buying consumer products such as mobile phones, home appliances, two-wheelers and three-wheelers, with the Reserve Bank of India cutting the risk weight for consumer credit, including personal loans.While credit card receivables have been excluded, what this cut means is that banks can offer consumer loans setting aside relatively lesser capital. The RBI on Thursday cut the risk weight to 100 per cent from 125 per cent.

P K Sinha Appointed Principal Advisor To PM

Pramod Kumar Mishra has been appointed the new principal secretary to Prime Minister Narendra Modi. Mishra was the additional principal secretary to the prime minister and was holding the rank of a Cabinet minister.Recently, Nripendra Misra had stepped down as the principal secretary to the prime minister. Modi had asked him to continue for two weeks.

PK Mishra Is New Principal Secretary To Prime Minister Modi

Pramod Kumar Mishra has been appointed as the new Principal Secretary to Prime Minister Narendra Modi. A Gujarat cadre Indian Administrative Service officer belonging to the 1972 batch, Mr Mishra, who was previously Additional Principal Secretary to the Prime Minister, has also held posts like Secretary Agriculture & Cooperation and Chairman, State Electricity Regulatory Commission.