Current Affairs – March, 2015

Latest Current Affairs March, 2015 with Current Affairs, news summary on current events of National and International importance of March, 2015 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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Attorney General is a public authority and comes under RTI: Delhi High Court

Delhi High Court in its ruling has held that Attorney General of India comes under the ambit of Right to Information (RTI) Act, 2005.

This ruling reversed the previous decision of the Central Information Commission (CIC) which had held that Attorney General does not come under RTI Act.

Delhi High Court held that

  • Attorney General is not merely a lawyer for the government, but is a constitutional authority. This is because functions performed by the AG under Article 76 (2) of the Constitution of India are in the nature of public functions.
  • So the office of Attorney General is a public authority and comes under the ambit of section 2(h) of the RTI Act.

The decision was given by Delhi High Court bench headed by Justice Vibhu Bakhru while hearing on two separate pleas filed by RTI activists Subhash Chandra Agarwal and RK Jain. In one plea, the petitioners had challenged the CIC ruling and urged the court to declare AG office answerable to RTI Act.

In 2012, CIC bench had ruled that the Attorney General of India is only a person and cannot be considered an authority under the RTI Act.

Month:  Categories: Governance & Politics

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Five sick PSUs to be closed down: Union Government

Union Government has announced that 5 sick public sector undertakings (PSUs) will be closed.

It was announced by Union Heavy Industries Minister Anant Geete while replying to a question in the Lok Sabha. The 5 sick PSU that will be closed include HMT and its three units, Hindustan Shipyard. Government also announced that while closing these PSUs, their employees will be provided with very good VRS package.

In the reply, the Minister also announced that there are total 65 units in the list of sick PSUs as of March 31, 2014.

Government also has declared Air India and MTNL as sick PSU units as per the criteria after they have incurred losses worth 50 per cent or more of their average net worth during past four years.

According to the loss figures tabled in Lok Sabha

  • Air India has accumulated losses of Rs 5,388 crore in 2013-14. Rs 5,490 crore in 2012-13 and Rs 7,559 crore in 2011-12 respectively.
  • MTNL had showed profit of Rs 7,820 crore in year 2013-14. But in the previous years it has incurred losses of 5,321 crore rupees and 4,109 crore rupees.
  • Hindustan Shipyard has reported losses of Rs 859 crore, Rs 551 crore and Rs 462 crore in past 3 years.

Month:  Categories: Business, Economy & Banking

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