- Parent Category: 2021
- Parent Category: 2021
The Central Government led by Prime Minister Narendra Modi is contemplating for privatisation of the nationalised banks for quite some. It was not surprising when the decision was announced by the Union Finance Minister, Nirmala Sitharaman, while presenting the budget recently. She also made it crystal-clear that the government’s intention is to fine-tune the performance of the public sector banks and the privatisation would only augur well for their long-term growth. She was also not averse to informing that henceforth the private banks would take care of the government-related work like the Income Tax and Pension scheme, instead of the nationalised banks, speaks volume of the government’s seriousness in facilitating the process.
Add a comment Read more: WILL THE BANK PRIVATISATION AUGUR WELL FOR THE GOVT- Parent Category: 2021
In a distressing development in Southeast Asia, the military Junta in Myanmar seized power in a coup and ousted civilian, leader of the Government, Aung San Suu Kyi and declared a state of emergency in Myanmar for a year.
The military detained Aung San Suu Kyi along with other members of her party, declaring the National League for Democracy (NLD) party’s landslide victory at the November 2020 polls as null and void. This turn of event is very significant to India, given the fact that Myanmar is a neighbouring country with a lot of shared economic as well as strategic interests.
Add a comment Read more: UNDERSTANDING MYANMAR’S MILITARY COUP AND ITS IMPACT ON STRATEGIC STAKES FOR INDIA- Parent Category: 2021
After India became independent in 1947, the Naga territory initially remained a part of Assam. However, a strong nationalist movement began seeking a political union of the Naga tribes, and extremists demanded outright secession from the Indian union. This movement led to a number of violent incidents, and in 1955 the Indian army was called in to restore order. In 1957, after an agreement was reached between Naga leaders and the Indian government, the Naga Hills region of Assam and the Tuensang frontier division to the northeast were brought together under a single unit directly administered by the Indian government. Despite the agreement, unrest continued in the form of noncooperation with the Indian government, nonpayment of taxes, sabotage, and attacks on the army. A further accord reached at the Naga People’s Convention meeting of July 1960 resolved that Nagaland should become a constituent state of the Indian union. Nagaland achieved statehood in 1963, and a democratically elected government took office in 1964.
Add a comment Read more: Nagaland to Rise Above: All Differences- Parent Category: 2021
Speculating about what will be outcome of any election in any region, be it Assembly, parliamentary or even civic bodies’, polls can be of a tall order provided it is a triangular contest. In Assam, the Assembly election round the corner, this time by all account, seems to be a triangular one, with the main struggle at most constituencies being between the two major adversaries at the fray spilling the bean against each other, that is between the rainbow ruling combination in Assam with the Bharatiya Janata Party –led coalition and the grand old party, the Congress-led six party new grand alliance. In 2016, the Congress fought the State Assembly election on its own because the AIUDF influence that time around was declining in the State as then winning 13 seats against 18 seats bagged in the 2011 Assembly polls.
Add a comment Read more: Current poll politics in Assam & few NE States