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Credit card default rose to Rs 4,072 crore or 1.94 per cent at the end of March 2023, Parliament was informed on Tuesday. "As per the inputs received from RBI, in respect of defaults in credit cards, the gross non-performing assets (GNPAs) in credit cards was Rs 3,122 crore in March-2022 and Rs 4,072 crore in March-2023, while credit card outstanding in March-2022 and March-2023 was Rs 1.64 lakh crore and Rs 2.10 lakh crore, respectively," Minister of State for Finance Bhagwat Karad said in a written reply in Rajya Sabha. GNPAs in credit cards have declined from 3.56 per cent in March 2021 to 1.91 per cent in March 2022, and stand at 1.94 per cent in March 2023 against the schedule commercial banks' GNPA of 3.87 per cent in March 2023, he said. Replying to another question, Karad said, the total number of frauds as reported by the cooperative banks during FY23 was 964 with amount involved to the tune of Rs 791.40 crore. During FY22, the total number of fraud was 729 and the amount
Catch all the latest news updates live related to the no-confidence motion that will be taken up in Lok Sabha today
Home Minister Amit Shah said the urgency behind first bringing an ordinance and now the Bill was to stop AAP from transferring officials connected to the probe into the Rs 2,000-crore liquor "scam.
Delhi Chief Minister Arvind Kejriwal called the passage of the bill a "black day" for the Indian democracy and accused the BJP-ruled Centre of trying to usurp power in Delhi through "back doors".
The no confidence debate will run for three days and will be initiated by Congress Member of Parliament Rahul Gandhi at 12 pm
The Rajya Sabha was adjourned for the second time in the pre-lunch period amid uproar in the House over a media report on Chinese funding to a news portal to spread propaganda against India. BJP member Sudhanshu Trivedi raised the issue and questioned the Congress for its alleged links with the portal. He raised the matter of a US media report alleging that web portal "NewsClick" received Chinese funding to spread propaganda against India. Trivedi asked the Congress about its alleged links with the portal, saying the party supported it when ED conducted raids on it. Amid the din created by opposition members over the charge, Chairman Jagdeep Dhankhar adjourned the house till 12.45 pm. Trivedi said there are certain things which have come in The New York Times about propaganda spread against India. An American has said that the Communist Party of China has tried to use propaganda against India through foreign funding in Newsclick, he said. Leader of the House Piyush Goyal said, "
Lok Sabha proceedings were adjourned till 12 noon on Tuesday after opposition members strongly protested against an expunged portion of Monday's debate being re-recorded. When the House met at 11 AM, Congress leader in Lok Sabha Adhir Ranjan Chowdhury raised the issue of the expunged portion of the comments made by BJP member Nishikant Dubey being re-recorded. Speaker Om Birla said the member, who chairs any proceeding of the House, has full authority to take any decision. The speaker does not give any instruction, he said. As the opposition members continued their protests, Birla asked them whether they were interested in allowing the House to function. Don't you want to allow the House to function? Question Hour is very important but you don't want to take part in it, he said and adjourned the House till 12 noon. On Monday, Dubey had raised in Lok Sabha the issue of a news report in the New York Times which claimed that web portal NewsClick has received Rs 38 crore funding and
BJP national president and party MP JP Nadda were among those who attended the meeting
The Bill seeking to replace the Ordinance brought earlier by the Centre will now be sent to President Murmu to be signed into law
The Delhi services bill, passed in Rajya Sabha on Monday, is likely to set the stage for another round of confrontation between the AAP dispensation and the Lt Governor, even as the legislation puts the seal on the Centre's primacy on the control of the city government's bureaucracy. The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, was passed with the Upper House of Parliament approving it with 131 votes in favour and 102 against. Union Home Minister Amit Shah introduced the contentious bill in the House and said that the proposed legislation is aimed at providing effective and corruption-free governance in the national capital. The bill, which was passed by the Lok Sabha last week, replaces an ordinance promulgated by the Centre for handling the transfers and postings of officials in the Delhi government. However, the matter is still hanging fire as the Supreme Court last month formed a constitution bench to examine the power of Parliament over governa
Senior Congress leader P Chidambaram on Monday slammed the BJP after Parliament passed the contentious Delhi services bill, asking what moral authority does the party have to pass such a bill that "reduces the Delhi government to a municipality". Parliament on Monday passed the Government of National Capital Territory of Delhi (Amendment) Bill, 2023, that gives the central government control over bureaucrats in the Delhi government with the Rajya Sabha approving it with 131 votes in favour and 102 against. In a tweet, Chidambaram said, "Both House have passed the GNCTD Amendment Bill. The Bill should be rightly titled the Government of National Capital Territory of Delhi (Appointment of Viceroy) Bill." Both "representative government" and "parliamentary democracy" have been "jettisoned" by the bill, the former home minister said. The BJP that has not won the confidence and support of the people of Delhi in six elections over a period of 25 years has pushed through the bill, ...
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A parliamentary committee on Monday recommended a performance appraisal system for extending the tenure of judges of the Supreme Court and high courts beyond the existing retirement age. At present, while Supreme Court judges retire at the age of 65 years, judges of the 25 high courts demit office at 62. The Standing Committee on Law and Personnel, in its report on 'Judicial Processes and their Reforms', also said that the practice of post-retirement assignments to SC and HC judges in bodies or institutions financed by public exchequer may be reassessed to ensure their impartiality. It noted that many stakeholders had raised objections to the post-retirement assignments given to judges. During the UPA-II, a bill was introduced in Lok Sabha to bring the retirement age of HC judges on par with SC judges. But the bill never came up for consideration and lapsed. "... the Committee feels that the age of retirement of judges needs to be increased in sync with the increase in the longevi
Earlier, the opposition bloc INDIA and the BRS vehemently opposed the proposed legislation, saying it was unconstitutional, undemocratic and against the spirit of federalism
Also questions the 'colonial legacy' of collective judicial holidays
The total revenue earned from centrally-protected ticketed monuments in India in the financial year 2022-23 stood at Rs 252.85 crore, the government informed Parliament on Monday. In a written response in the Lok Sabha, Union Minister of Culture G Kishan Reddy said the total revenue earned from centrally-protected ticketed monuments in the financial year 2020-21 stood at Rs 48.30 crore, which grew to Rs 101.50 crore in 2021-22 and Rs 252.85 crore in 2022-23. The minister was asked monument-wise and year-wise details of the amount collected through the sale of entry tickets of monuments under the Archaeological Survey of India and the amount spent in their conservation during the last ten years. In response to a separate query, Reddy said the ASI annually undertakes special nature of conservation, preservation and environmental development of about 600-700 monuments out of its 3,696 monuments or sites across the country. On a query on preservation of UNESCO World Heritage Sites in .
Over 13,000 vacancies in Central Higher Education Institutions (CHEIs) have been filled in 10 months under the mission recruitment drive, Parliament was informed on Monday. The information was shared by Union Education Minister Dharmendra Pradhan in a written reply in Lok Sabha. "Occurring of vacancies and filling thereof is a continuous process. The vacancies arise due to retirement, resignation and additional requirements on account of enhanced student strength. "Ministry of Education has directed all the CHEIs to fill up the vacancies in Mission Mode, including a special drive for reserved category posts. As on August 3, a total of 13371 vacancies have been filled up in the CHEIs under the Mission Recruitment drive, in a period of ten months only," he said. The minister did not mention the number of remaining vacant positions. The ministry informed Lok Sabha in February that over 14,600 faculty positions are vacant in central HEIs.
Congress leader Priyanka Gandhi Vadra on Monday hailed Rahul Gandhi's return to Lok Sabha as an MP, saying the voice representing the real issues of people will be heard once again in Parliament. As soon as the Lok Sabha membership of Gandhi was restored, celebrations broke out at the Congress headquarters here with workers dancing and raising slogans in favour of the former party president. Gandhi was also accorded a warm welcome by Congress and other opposition MPs on his arrival in Parliament after his Lok Sabha membership was restored. Tagging a video of Gandhi reaching Parliament, Priyanka Gandhi said in a tweet in Hindi, "The voice representing the real issues of the people will once again reverberate in Parliament." "Heartfelt thanks to millions of Congress workers who fought shoulder to shoulder with Rahul Gandhi ji as also crores of people of the country who supported the fight for justice and truth," Priyanka Gandhi said. Rahul Gandhi's status as the MP from Kerala's Way
Rajya Sabha proceedings were adjourned till 2 pm on Monday amid uproar as opposition parties demanded a discussion on Manipur violence while members from the treasury benches sought to raise matters related to the law and order situation in Rajasthan. Soon after the House revoked the suspension of Congress MP Rajani Patil with a voice vote, BJP members rose to seek a discussion on the law and order situation in Rajasthan in view of atrocities reported against women in the state. However, Congress and other opposition party members pressed for a discussion on the prevailing situation in Manipur. The proceedings in the Hose have been disrupted since the start of the Monsoon session on the Manipur issue. Amid ruckus, Leader of the House and Union Minister Piyush Goyal said the government had agreed for a short duration discussion on Manipur, but opposition does not want discuss it. Patil was suspended from Rajya Sabha during the Budget session for violating rules of the House by ...