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Petitions against Hyderabad encounter filed in SC

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The Supreme Court of India
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New Delhi, Dec 7 (IANS) Two petitions have been filed in the Supreme Court seeking registration of an FIR and compensation to the families of the four accused killed in an ‘encounter’ in the case of the rape and murder of a 25-year-old veterinarian in Hyderabad.

Petitioner G.S. Mani sought directions for the registration of an FIR and then an investigation by the CBI, SIT, CID or a team of police officials from another state into the ‘encounter’.

The petition urged the apex court that an independent investigation agency must be directed in accordance with the guidelines laid down in connection with investigation (the PUCL vs State of Maharashtra) in fake encounter killing.

The petition alleged that it was a stage-managed encounter to cover up the alleged lapses of the police, which led to the commission of the gruesome crime of rape and murder.

In another petition, advocate Manohar Lal Sharma said that the killing of 4 arrested persons in police custody was allegedly done due to the demands of political leaders, and the media raising a hue and cry seeking the immediate execution of the accused without a trial “which is a serious violation of Article 21 as well as murder of innocent citizens of India”.

“It’s a serious injury to the constitutional systems and endanger further life & liberty to the citizen of India,” said Sharma in the petition.

Seeking compensation for the families of the accused, Sharma said the apex court should pass a direction to give a compensation of Rs 20 lakhs to the family members of each accused killed in police custody in the interest of justice.

“Appointment of an SIT, consisting retired Supreme Court judges, to conduct investigation with the help of CBI under the regular supervision of this court, and to file their report before this court for further action and prosecution of all involved police personnel, leaders and media channels in accordance of law in the interest of justice,” contended Sharma in his petition.

He also urged the apex court to issue a proper order prohibiting the media and leaders from conducting a media trial or making any statement during the pendency of a trial for rape, murder and crime against anyone including women until the trial is concluded.

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FM Sitharaman may push for Rs 30K cr interim dividend from RBI to meet low revenue generation, slowdown

The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is an 11 year drop.

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Nirmala Sitharaman
RBI governor Shaktikanta Das and FM Nirmala Sitharaman RBI governor Shaktikanta Das and FM Nirmala Sitharaman and at the post-Budget meeting (Picture Credit DNA)

The Finance Ministry is likely to push for Rs 25,000-30,000 crore interim dividend from RBI, for the third time in a row, to check slippages in the fiscal deficit of 3.3 per cent in 2019-20.

The central bank and government may touch upon the issue when Finance Minister Nirmala Sitharaman will meet RBI Governor Shaktikanta Das at post Budget Vision customary meeting.

Government has a Budget estimate of Rs 90,000 crore dividend from RBI in FY20. RBI follows a fiscal of July-June. The interim dividend of the RBI’s total dividend for 2019-20 (July-June) can help the government check 3.3 per cent fiscal deficit target slippage.

In the past RBI has paid a total Rs 38,000 crore as interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18).

“If the RBI board recommends, then it will be the third time when interim payout will be given to the government,” said sources.

The central bank had paid Rs 28,000 crore as interim dividend from its 2018-19 fiscal accounts (July-June) in February, which helped the government contain deficit at 3.4 per cent in the last fiscal.

The Reserve Bank follows July-June financial year and usually distributes the dividend in August after annual accounts are finalised and interim dividends if any, they are given around February to the government.

Seeking interim dividends are not common. The Bimal Jalan-led committee on the RBI’s economic capital framework recommended in August that an interim dividend should be paid to the government only in “exceptional circumstances”.

The Finance Ministry’s contention is that this year has “exceptional circumstances” because of the slowdown, low revenue generation and outgo of Rs 1.45 lakh crore due to corporate tax cuts.

For 2018-19 (July-June), the RBI transferred a total of Rs 1.76 trillion to the central government, including a one-time transfer of Rs 52,637 crore which was deemed as excess reserves and comprising Rs 1,23,414 crore of surplus for the year 2018-19.

The government is fighting a six year low growth, subdued demand and consumption leading to projections of 5 per cent growth in current fiscal which is an 11 year drop.

On Monday, the International Monetary Fund (IMF) slashed India’s FY20 growth forecast to 4.8 per cent, besides trimming global outlook and said India’s slow growth is dragging down the world economy.

The Finance Ministry might seek the interim dividend from the RBI to meet some of the financial pressure due to the low revenue generation from taxes and disinvestment and slowdown, said the sources.

The RBI largely earns profits on its trading of currencies and government bonds. Part of these earnings are set aside by the RBI for its operational and contingency needs while the rest is transferred to the government in the form of dividends.

The Union Budget 2019-20 had pegged dividend or surplus of the RBI, nationalised banks and financial institutions at Rs 1.06 lakh crore up from Rs 74,140.37 crore realised in the previous fiscal.

(Anjana Das can be contacted at [email protected])

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JNUSU moves Delhi High Court against late fees

The plea was filed by JNUSU members including President Aishe Ghose, Vice President Saket Moon and others.

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JNU students protest outside campus
JNU students protest outside campus over Fees Hike

New Delhi, Jan 21 : The JNU Students’ Union has moved the Delhi High Court seeking direction of the court to restrain the Jawaharlal Nehru University administration from imposing late fees on students for registrations in winter semester 2020.

The plea was filed by JNUSU members including President Aishe Ghose, Vice President Saket Moon and others.

The plea also seeks directions to the varsity restraining it from taking any actions which would give effect to the draft hostel manual.

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Heroin worth approx Rs 100 cr seized in Kolkata

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Kolkata: In a major drug haul by Kolkata Police, heroin worth between Rs 75 crore to Rs 105 crore in the international market, was seized early on Tuesday and two persons were arrested, a senior officer said.

Acting on a tip off, the Special Task Force of the city police made the seizure from Paikpara under Tala police station between midnight and 2 a.m.

“We have seized about 25 kilogram of heroin. According to the grey market rates, the price range can be anything between Rs 75 crore to Rs 105 crore.

“We have also arrested two persons,” Deputy Commissioner, Special Task Force, Pradeep Kumar Yadav told IANS.

This is one of the biggest haul of opioid drug heroin in east and north east India in recent times.

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