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Standing Committee On Finance (India)
The Parliamentary Standing Committee on Finance (SCOF) is a department related standing committee (DRSC) constituted by the Parliament of India comprising selected members of parliament for the purpose of legislative oversight on the policies and decision making of the following four ministries: # Ministry of Finance (MoF) # Ministry of Corporate Affairs # Ministry of Statistics and Programme Implementation # NITI Aayog (succeeding the Planning Commission) The committee consists of thirty-one members, twenty-one elected by Lok Sabha, the lower house of the Parliament, and not more than ten members of Rajya Sabha, the upper house of the Parliament. The members are nominated every year from amongst the members of Lok Sabha by the Lok Sabha Speaker and from amongst the members of Rajya Sabha by the Rajya Sabha Chairman. Efforts are made as far as possible to allocate seats in proportion to party strength in respective houses. The chairperson is appointed by the Lok Sabha speaker. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
16th Lok Sabha
Members of the 16th Lok Sabha were elected during the 2014 Indian general election. The elections were conducted in 9 phases from 7 April 2014 to 12 May 2014 by the Election Commission of India. The results of the election were declared on 16 May 2014. The Bharatiya Janata Party (of the NDA) achieved an absolute majority with 282 seats out of 543, 166 seats more than in the previous 15th Lok Sabha. Its PM candidate Narendra Modi took office on 26 May 2014 as the 14th prime minister of India. The first session was convened from 4 to 11 June 2014. There was no leader of the opposition in the 16th Lok Sabha as the Indian Parliament rules state that a party in the Lok Sabha must have at least 10% (55) of the total seats (545) to be considered the opposition party. The Indian National Congress (of the UPA) could only manage 44 seats, while the All India Anna Dravida Munnetra Kazhagam party from Tamil Nadu came a close third with 37 seats. Mallikarjun Kharge was declared the leader ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NITI Aayog
The NITI Aayog (; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative federalism and moving away from bargaining federalism through the involvement of State Governments of India in the economic policy-making process using a bottom-up approach."NITI Ayog update June 2017." June 2017. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tenth Finance Commission
The Tenth Finance Commission of India was incorporated in the year 1992 consisting of Shri Krishna Chandra Pant as the chairman. Members The members of the commission were: * Shri Krishna Chandra Pant, Chairman * Dr. Debi Prasad Pal, Member of Parliament * Shri B.P.R. Vithal * Dr. C. Rangarajan, resigned on 21 December 1992 * Shri M.C. Gupta, Member Secretary, relinquished charge on 31 January 1994 * Shri Manu R. Shroff, In place of Dr. C. Rangarajan on 14 October 1993 * Shri Arun Sinha, Member Secretary (in place of M.C. Gupta) on 1 March 1994 Recommendations The commission recommended that: * The share of the Union Territories would not be determined on the grounds used for state share but it would be decided on the basis of population solely. The percentage would be 0.927% for the years 1995–2000. * Out of the total income obtained from certain central taxes and duties, 29% should go to the states. This is known as the 'Alternative Scheme of Devolution' and came into e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debi Prasad Pal
Debi Prasad Pal (1 November 1927 – 14 May 2021) was a Senior Advocate practicing in the Supreme Court of India and High Courts of India. He was a former Minister of State for Finance, a former Judge of Calcutta High Court and a three-time former Member of Parliament (MP) in Lok Sabha. Early life and education Debi Prasad Pal was born in 1927 in Kolkata. His father was noted scholar and educationist Aswini Kumar Pal and mother was Sarala Bala Pal. He did his bachelor's studies in Presidency College and got his M.A. degree from Calcutta University. He was awarded the prestigious Doctor of Letters (D.Litt.) degree soon after that for his outstanding contribution to English literature. He got his Doctor of Laws (LL.D.) degree in 1961 for his seminal work. He stood first throughout his academic career. He is the son-in-law of Justice Radhabinod Pal, who was an International Judge. Legal career Dr. Pal started practicing in the Calcutta High Court in 1959. He was thereafter app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
14th Lok Sabha
The 14th Lok Sabha (2 June 2004 – 18 May 2009) was convened after the 2004 Indian general election held in four phases during 20 April – 10 May 2004, which led to the formation of first Manmohan Singh ministry (2004–2009). Indian National Congress-led United Progressive Alliance won 62 more seats than previous 13th Lok Sabha. The Lok Sabha (House of the People) is the lower house in the Parliament of India. 8 sitting members from Rajya Sabha, the Upper House of Indian Parliament, were elected to 14th Lok Sabha after the 2004 Indian general election.The next 15th Lok Sabha was convened after 2009 Indian general election. Bills During the tenure of the 14th Lok Sabha, 60% of bills were referred to Parliamentary committees for examination. Members * Speaker: Somnath Chatterjee, Communist Party of India (Marxist), Bolpur, West Bengal * Deputy Speaker: Charanjit Singh Atwal, Shiromani Akali Dal, Phillaur, Punjab, India, Punjab * Leader of the House: Pranab Mukherjee, Indi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of India
The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union territories of India, 36 states and union territories. The government is led by the president of India (currently ) who largely exercises the executive powers, and selects the Prime Minister of India, prime minister of India and other ministers for aid and advice. Government has been formed by the The prime minister and their senior ministers belong to the Union Council of Ministers, its executive decision-making committee being the Cabinet (government), cabinet. The government, seated in New Delhi, has three primary branches: the legislature, the executive and the judiciary, whose powers are vested in bicameral Parliament of India, Union Council of Ministers (headed by prime minister), and the Supreme Court of India respectively, with a p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
10th Lok Sabha
The 10th Lok Sabha, (20 June 1991 – 10 May 1996) elected during 1991 Indian general election held during May–June 1991. The Lok Sabha (House of the People) is the lower house in the Parliament of India, four sitting members from Rajya Sabha, the Upper House of Indian Parliament, were elected to 10th Lok Sabha after the Indian general election, 1991. P V Narasimha Rao of Indian National Congress became the Prime Minister of India from 21 June 1991 till 16 May 1996, after INC won 244 seats, 47 more than previous 9th Lok Sabha. The next 11th Lok Sabha was constituted on 15 May 1996, after 1996 Indian general election. Important members * Speaker: **Shivraj Patil from 10 July 1991 to 22 May 1996 * Deputy Speaker: ** S. Mallikarjunaiah from 13 August 1991 to 10 May 1996 *Secretary General: ** K. C. Rastogi from 20 June 1991 to 31 December 1991 ** C K Jain from 1 January 1992 to 31 May 1994 ** R.C. Bhardwaj from 31 May 1994 to 31 December 1995 ** S.N. Mishra from 1 January 1996 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
15th Lok Sabha
Members of the 15th Lok Sabha were elected during the 2009 general election in India. It was dissolved on 18 May 2014 by President Pranab Mukherjee.Indian National Congress-led United Progressive Alliance won 44 more seats than the previous 14th Lok Sabha. The next 16th Lok Sabha was convened after 2014 Indian general election. The Second Manmohan Singh ministry introduced a total of 222 Bills (apart from Finance and Appropriations Bills) in the 15th Lok Sabha. A total of 165 Bills were passed by the House, including bills introduced in previous Lok Sabhas. 14 sitting members from Rajya Sabha, the Upper House of Indian Parliament, were elected to 15th Lok Sabha after the 2009 Indian general election. Bills During the tenure of the 15th Lok Sabha, 71% of bills were referred to Parliamentary committees for examination Members * Speaker: Meira Kumar, INC, Sasaram, Bihar * Deputy Speaker: Kariya Munda, BJP, Khunti, Jharkhand * Leader of the House: Pranab Mukherjee, INC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yashwant Sinha
Yashwant Sinha (, born 6 November 1937) is an Indian politician and retired Indian Administrative Service officer. He served as the Minister of Finance from 1990 until 1991 under Prime Minister Chandra Shekhar and again from March 1998 to July 2002 under Prime Minister Atal Bihari Vajpayee. He also served as the Minister of External Affairs from July 2002 until May 2004. He was a senior leader of the BJP before he left the party on 21 April 2018. In 2022, he was the Presidential candidate of India for the opposition. Early life Sinha was born in a Kayastha family in Patna, Bihar. He graduated from University of Patna in BA Hons(History). He received his master's degree in political science in 1958. Subsequently, he taught the subject at the University of Patna until 1962. Civil Service career After securing All India rank 12th in the UPSC Civil Services Examination. Sinha joined the Indian Administrative Service in 1960 and spent over 24 years holding important posts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veerappa Moily
Marpadi Veerappa Moily (born 12 January 1940) is an Indian politician belonging to the Indian National Congress from the state of Karnataka. Moily was the former Chief Minister (and the first ethnic Tuluva CM) of the Indian state of Karnataka (19 November 1992 – 11 December 1994). He was elected to Karnataka state legislative assembly from Karkala constituency of Udupi district. From 2009 to 2019, he represented the Chikballapur constituency in Lok Sabha. But he lost in 2019 to a BJP candidate when BJP won 25 seats out of 28 Lok Sabha seats in Karnataka. He was the former Minister of Petroleum and Natural Gas Minister of Corporate Affairs and Minister of Power in the Indian government. He is also currently serving as the All India Congress Committee General Secretary in charge of Andhra Pradesh. He is regarded as one of the senior members of the Congress Party, and a close adviser for the Congress Leader Sonia Gandhi. He announced formal retirement from electoral p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upper House
An upper house is one of two Legislative chamber, chambers of a bicameralism, bicameral legislature, the other chamber being the lower house. The house formally designated as the upper house is usually smaller and often has more restricted power than the lower house. A legislature composed of only one house (and which therefore has neither an upper house nor a lower house) is described as unicameralism, unicameral. History While the Roman Senate, senate of the ancient roman kingdom 755 BC was the first assembly of aristocrats counseling the king, the first upper house of a bicameral legislature was the medieval House of Lords consisting of the archbishops, bishops, abbots and nobility, which emerged during the reign of King Edward III around 1341 when the Parliament clearly separated into two distinct Debating chamber, chambers, the House of Commons of England, House of Commons, consisting of the shire and borough representatives, and the House of Lords. 1808 Spain adopted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower House
A lower house is the lower chamber of a bicameral legislature, where the other chamber is the upper house. Although styled as "below" the upper house, in many legislatures worldwide, the lower house has come to wield more power or otherwise exert significant political influence. Common attributes In comparison with the upper house, lower houses frequently display certain characteristics (though they vary by jurisdiction). Powers In a parliamentary system, the lower house: * In the modern era, has much more power, usually due to restrictions on the upper house. ** Exceptions to this are Australia, Italy, and Romania, where the upper and lower houses have similar power. * Is able to override the upper house in some ways. * Can vote a motion of no confidence against the government, as well as vote for or against any proposed candidate for head of government at the beginning of the parliamentary term. In a presidential system, the lower house: * Generally has less power th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
