Delhi HC rebukes AAP-led government for its delayed response to CAG’s liquorgate report, pointing out significant regulatory lapses and substantial financial losses incurred between 2017 and 2021. The CAG report flagged licensing irregularities, pricing discrepancies, and compromised regulatory measures in the excise policy implementation.
The Maha Kumbh Mela in Prayagraj, from January 13 to February 26, is set to be the world’s largest gathering, with cultural and tourism ministries collaborating to enhance visitor experience. With expected attendance of 40 crore, preparations include enhanced connectivity, cultural showcases, and multilingual toll-free assistance for tourists.
RBI Governor Sanjay Malhotra faces a significant test as the rupee is poised to breach 86 due to a stronger dollar. This complicates GDP growth efforts expected to slow to 6.4% in FY25. Forex intervention has tightened liquidity, impacting interest rates and contributing to capital outflows.
The Election Commission refutes the government’s justification for simultaneous polls citing the Model Code of Conduct, emphasizing its role in ensuring fairness. The government argues for unified elections due to financial and operational burdens. The EC maintains the MCC is crucial for equitable elections and brief application correlates with electoral cycles, minimizing disruption.
