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August 10, 2026
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GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
August 10, 2026
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Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
August 10, 2026
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Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
August 10, 2026
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Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
August 10, 2026
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High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
August 10, 2026
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MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
August 10, 2026
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Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
August 10, 2026
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Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
August 10, 2026
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Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
August 10, 2026
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Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
August 10, 2026
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Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
August 10, 2026
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Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
August 10, 2026
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Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
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Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
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August 10, 2026
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GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
August 10, 2026
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Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
August 10, 2026
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Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
August 10, 2026
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Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
August 10, 2026
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Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
August 10, 2026
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Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.

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President’s Speech at the inauguration of All India Lokayuktas Conference 2012

November 3, 2012

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Press Information Bureau

Government of India

Presidents Secretariat

02-November-2012 19:37 IST

I am happy to participate in the inaugural ceremony of the Eleventh All India Lokayuktas Conference which brings together Lokayuktas of different States to discuss ways and means of enhancing effectiveness of Lokayuktas. These All India Lokayukta Conferences, bring different stakeholders together so that views can be shared on the challenges and best practices. With such a wide range of experienced participants, I am sure the discussions will bring forth concrete suggestions and initiatives for strengthening Lokayuktas and making them more effective.

In recent times, there has been concern over the need to ensure that the corridors of power remain untainted by corruption or nepotism and that there is optimum utilization of resources and funds for their intended purposes. This national conference is therefore timely. For the successful working of democracy, people should be confident that Government policies are formulated and implemented with honesty, transparency and fairness.

As all of you are aware, Lokayukta or the Ombudsman was originally conceived in Scandinavian countries as a watchdog of the administration as well as protector of the “common man”. Despite having minimal power to implement decisions, the Ombudsman played a very useful role in these countries by bringing humanism in governance. In India, Sh. M. C. Setalvad, the distinguished lawyer, in his speech at the All India Lawyer’s Conference held in 1962, suggested the idea of establishing an institution similar to that of an Ombudsman. This idea was extensively investigated by the First Administrative Reforms Commission in 1966 and while recommending setting up of Lokpal at the Centre and Lokayuktas in the States, this Commission advocated ‘Ombudsmanic’ institutions as a means for redressal of citizens’ grievances, containing corruption and removing discontent amongst citizens.

Over the years, as India witnessed rapid growth, the extent of public spending has steadily increased. For example, the first Revenue Budget of independent India presented by then Finance Minister Shri Shanmukhom Chetty was of Rs. 197.39 crore comprising of Revenue receipts of Rs.171.15 crore and Revenue Expenditure of Rs.197.39 crore, thereby leaving a Deficit of Rs.26.24 crore. Whereas, the last budget presented by me in March of this year was nearly Rs. 12 lakh crore. The first five year plan outlay was Rs. 2000 crore while public investment during the 11th Plan period was around Rs. 11 lakh crore.

As the political economy grows in size and depth, institutions conceived and established under Constitution face unique challenges. Ensuring sustainable growth, eliminating poverty, raising the quality of life, promoting industrialization, providing jobs etc. requires quick decision making by the Executive on whom our Constitution vests the responsibility of governance. If the Executive has to deliver results and demonstrate efficient governance, it needs to have substantial financial powers. At the same time, provision of such financial powers and the use of administrative discretion in governance gives rise to opportunities for nepotism and corruption. It is in recognition of the need for a mechanism which would investigate corruption amongst public persons and help bring probity in governance that Lokayuktas have been set up across the country and a Lok Pal is under consideration at the center.

I understand at present 19 Lokayuktas have been set up by State Governments. I would urge the remaining states to also consider establishing similar institutions at the earliest and learn from the best practices of successful Lokayuktas within the country.

In the States where Lokayuktas have been set up, different Acts govern their establishment and the provisions relating to the eligibility of Lokayukta, its jurisdiction, procedures, powers and infrastructure widely vary. There is no uniformity in the functioning of Lokayuktas of different States and their effectiveness differs from State to State. The fact that Lokayuktas only have recommendatory powers and no power to enforce their decisions, what should be the extent of their jurisdiction, should government servants be under their ambit or only public persons, should they have independent investigation agencies of their own or should they use existing official agencies etc. all are issues which have engendered significant debate in society. I am sure this conference will discuss these issues threadbare.

The Second Administrative Reforms Commission, in its Fourth Report on “Ethics in Governance”, recommended uniformity in the general principles regarding the structure, power and functions of Lokayuktas in all the States. Justice Manmohan Sarin in his remarks has referred to the preparation of a Model Mukhya Lokayukta and Upalokayukta Bill for the reference of State Government. It is a welcome step. The Lokayuktas may also like to discuss this Model Bill with the Ministry of Law and Justice and see how the matter can be taken forward expeditiously.

It is imperative that Lokayuktas, who are currently in office inspire confidence of the people by conducting impartial and independent inquiries in pursuit of truth. State Governments must facilitate the Lokayuktas in the full implementation of the legislative mandate entrusted upon them and not see them as a nuisance or interfering in governance. Lokayuktas must be provided adequate financial and administrative autonomy.

The Lokayuktas must at the same time remember that their duty is not just to indict public functionaries when they are guilty but also to protect them when nothing is found wrong with their conduct and to correct wrong perceptions about them with equal force and earnestness. It must be ensured that in the name of checking corruption, vilification campaigns are not carried out to defame or destroy reputations. False allegations aimed at impugning reputations are bad. The institution of Lokayukta is an ally to good governance not an obstruction to development.

Finally, let me repeat what I said in my Independence Day address to the nation earlier this year. Anger against the bitter pandemic of corruption is legitimate as is the protest against this plague. But, this should not become an excuse for an assault on our democratic institutions.

Institutions are the visible pillars of our Constitution, and if they crack then the idealism of our Constitution cannot hold. Our institutions may have suffered from the weariness of time. The answer is not to destroy what has been built, but to re-engineer them so that they become stronger than before. Institutions are the ultimate guardians of our liberty.

The judiciary of our country is the ultimate sentinel of justice and arbiter of truth and the Parliament is the custodian of the people’s aspirations and the architect for implementing their dreams. Over and above the Constitutional scheme of the Executive, Legislature and Judiciary, we have, in recent times, given ourselves the Right to Information, Legal Aid, Autonomous Investigation Agencies and a host of beneficial legislation. The Lok Pal Bill is before the Parliament. New laws for imposing sanctions for bribery by foreign agents, transparency in public procurement, citizens’ grievances redressal etc are also under consideration. All these must strengthen existing institutions of accountability not displace them or undermine them. We must also distinguish bonafide errors of judgment from graft and corruption, civil wrong from criminal intent and the need to have swift and effective sanctions against corruption from the imperative of protecting the innocent.

I am sure that the institution of Lokayuktas will emerge as a strong and an effective body in India making useful contribution to enhancing probity in governance and checking corruption as well as maladministration. I extend my best wishes for the success of this conference.

****
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