Telecom panel okays uniform licence fee
- the inter-ministerial body has "by and large" accepted the Telecom Regulatory Authority of India's (Trai) proposals on mergers and acquisitions rules.
- This means that in case of a merger between two telecom service providers, the combined entity should have a market share of under 35%.
Parliamentary panel asks govt to implement 'one rank, one pension'
- A Parliamentary Committee has asked the government to implement the long-pending demand of 'One Rank, One Pension' (OROP) by the retired armed forces personnel.
- Under the OROP, retired defence personnel are demanding that all ex-servicemen should get similar pension for putting in equal years of service and retiring at the same rank irrespective of their date of retirement.
- At present, the pension depends on the pay commission under which they have retired.
Invest on long-term basis: SEBI chief
- The Securities and Exchange Board of India (SEBI) will introduce certain elements of financial markets in Central Board of Secondary Education-run senior secondary schools with a view to teaching young minds about basic financial matters, said SEBI Chairman U. K. Sinha
- Countries such as Australia had started teaching about financial matters from fifth standard.
- To begin with, basics of financial mattes would be introduced in senior secondary schools and then in other schools.
- It would not be a separate stream like humanity.
Implement Rangarajan group's recommendations:
- Opposition of J&K demanded implementation of various recommendations made by the Central government-appointed Rangarajan Committee to improve economic viability of Jammu and Kashmir.
- In 2005, Prime Minister Manmohan Singh had constituted a working group under former RBI Governor C Rangarajan to suggest measures to improve the economy of the state and generate employment for youth.
- It also demanded that two NHPC projects -- Dulhasti and Salal -- be handed over to J&K govt. as recommended by the Committee.
Right to Reject an interesting possibility: Quraishi
- Team Anna's demand for incorporating Right to Reject a candidate in Parliament and assembly elections is an "interesting possibility", feels Chief Election Commissioner S Y Quraishi.
- He, however, finds that their plea for Right to Recall can lead to political instability.
- Anna's point of view is that money power is a major issue and that is disturbing everybody including EC
- Besides, if the Commission is not able to debar criminals in the absence of a law to that effect, at least people can reject such a candidate who has spent crores of rupees.
- Their disqualification from contesting will be a deterrent.
- In this connection he said the Commission has suggested inclusion of a button in the Electronic Voting Machines (EVMs) that provides for the choice of "none of the above" candidates for electors, which option was earlier available under the ballot paper system.