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Rahul should join govt: Krishna

June 27, 2012

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New Delhi, June 27: Amid expectations of a Cabinet reshuffle, External Affairs Minister S M Krishna today strongly pitched for Rahul Gandhi's entry into the government, saying it was ''necessary'' to help in solving the problems faced by the country.

Krishna noted that Prime Minister Manmohan Singh had already asked Rahul Gandhi to join the government and his "invitation" stands.

"We have always wanted Rahul Gandhi's involvement in the government. The Prime Minister's invitation is there to join the government but he himself seems to be not inclined at the moment," the Minister said at an interaction with journalists here.

He was asked whether he thought Rahul, 42, should be made a minister after Pranab Mukherjee resigned to contest the Presidential poll.

"I am one of those who feel that it is necessary for Rahul Gandhi to come into the government and help the government in solving the problems that we face as a country," Krishna said.

Mukherjee, the government's trouble-shooter, quit as Finance Minister yesterday, ahead of filing of his nomination papers tomorrow for the July 19 Presidential poll.

Virbhadra Singh also resigned yesterday as Micro, Small and Medium Industries (MSM) Minister in the wake of framing of corruption charges against him by a Himachal Pradesh court.

This has led to expectations of a reshuffle of the Cabinet.For the time being, the Prime Minister has kept the Finance portfolio with himself and given additional charge of MSM portfolio to Science and Technology Minister Vilasrao Deshmukh.

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News Network
July 1,2020

Sopore, Jul 1: Police rescued a three-year-old boy from getting hit by bullets during a terrorist attack in Jammu and Kashmir's Sopore on Wednesday.

Earlier in the day, a Central Reserve Police Force (CRPF) jawan and a civilian lost their lives after terrorists fired upon a CRPF patrolling party in Sopore.

Two of the injured CRPF jawans are known to be in critical condition. Three CRPF personnel were also injured in the attack, as per CRPF.

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Agencies
March 10,2020

Bhopal, Mar 10: The number of MLAs who have resigned from the Congress in Madhya Pradesh climbed to 20 on Tuesday afternoon with another legislator quitting the ruling party, sources said.

While 19 MLAs, most of them believed to be loyal to expelled party leader Jyotiraditya Scindia, have sent their resignation letters via e-mail to Raj Bhavan, Bisahulal Singh submitted his resignation letter as an MLA to the Assembly speaker.

"We have received resignations of 19 MLAs through e-mails with attachments," a Raj Bhawan official told PTI.

Sources in Congress produced a copy of Bisahulal Singh's resignation letter which he submitted to the speaker.

Former chief minister and senior BJP leader later announced that Singh (65) has joined the BJP.

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News Network
March 6,2020

New Delhi, Mar 6: Union Finance Minister Nirmala Sitharaman on Friday will move the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 for consideration and passing in Lok Sabha.

In December last year, the Union Cabinet had approved a proposal to promulgate an ordinance to amend the Insolvency and Bankruptcy Code (IBC) 2016.

The amendments will remove certain ambiguities in the IBC 2016 and ensure smooth implementation of the code, an official statement said.

The move is aimed at easing the insolvency resolution process and promoting the ease of doing business. Aimed at streamlining of the insolvency resolution process, the amendments seek to protect last-mile funding and boost investment in financially-distressed sectors.

Under the amendments, the liability of a corporate debtor for an offence committed before the corporate insolvency resolution process will cease.

The debtor will not be prosecuted for an offence from the date the resolution plan has been approved by the adjudicating authority if a resolution plan results in change in the management or control of the corporate debtor to a person who was not a promoter or in the management or control of the corporate debtor or a related party of such a person.

The amendments are aimed at providing more protection to bidders participating in the recovery proceedings and in turn boosting investor confidence in the country's financial system.

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