The Union Cabinet approved constitutional status to a proposed Judicial Appointments Commission(JAC), for the appointment and transfer of judges to the higher judiciary. In other words, the cabinet approved a constitution amendment bill to make the appointment /transfer of judges more transparent. The status ensures that the composition of the commission cannot be altered through an ordinary legislation and it would require an amendment in the Constitution to do so.
Presently, the composition of the proposed panel is defined in the JAC Bill, 2013 which was introduced along with a separate constitutional amendment bill inRajya Sabha during the monsoon session. There were demands that the composition as well as the functions of the proposed JAC must be mentioned in the Constitution as a precaution against future changes.
The JAC Bill defines the establishment of the proposed body to recommend appointment and transfer of judges of the Supreme Court and the high courts.Excerpts of the Judicial Appointments Commission (JAC) Bill, 2013 –
The new Article 124 A of the Constitution will define the composition of the JAC and Article 124 B will define its functions.
The JAC will be headed by the CJI and have five other members, including the Law Minister and two eminent persons.
To appoint the two eminent persons for the appointments commission would be done by the collegium that will include the Prime Minister ofIndia, the Leader of Opposition and the Chief Justice of India.
Functions viz. recommending names for appointment as judges of the Supreme Court, Chief Justices of High Courts and judges of High Courts; recommending transfer of Chief Justices of High Courts and judges of High Courts, etc.
Note: A parliamentary standing committee which examined the Judicial Appointments Commission (JAC) Bill, 2013 also made a similar recommendation.
J.N. Chaudhary appointed as new chief of NSG
December 31, 2013
Mr. Jayanta NarayanChaudhary appointed as new chief of National Security Guard (NSG). Mr. Chaudhary is the 1978 batch IPS officer of Assam-Meghalayacadre and is due to retire in May 2015. He succeeded Arvind Ranjan.
AboutNational Security Guard (NSG)
Set up in 1984 as a Federal Contingency Deployment Force to tackle all facets of terrorism in the country.
Operates under the oversight of the Ministry of Home Affairs and is headed by the Director General of the Indian Police Service (IPS).
The NSG members are also known as Black Cats because of the black drill cotton coveralls and balaclavas or helmets they wear.
India’s e-commerce market rose 88% in 2013: Survey
January 1, 2014
As per the survey, India’s e-commerce market grew by 88% in 2013 to $16 billion. The increased internet penetration and availability of more payment options boosted the e-commerce industry in 2013. The survey was conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Highlights of the survey conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM)
Approximately 3,500 dealers and organized retailers participated fromDelhi, Mumbai, Chennai, Bangalore, Ahmedabad and Kolkata. Mumbai topped the list of online shoppers followed by Delhi and Kolkata.
As per the age-wise analysis, 35% of online shoppers are aged between18-25 years, 55 % between 26-35 years, 8 % between 36-45 years, while only 2 % are in the age group of 45-60 years. In addition, 65 % of online shoppers are male while 35 % are female.
The online shopping arose at a rapid pace in 2013, owing to online discounts, high fuel prices and availability of abundant online options.
The products that are sold most are in the tech and fashion category, viz. mobile phones, I-pads, accessories, MP3 players, digital cameras, jwellery, etc.
Those who are unwilling to shop online quoted reasons viz. prefer research products and services online, find delivery cost too high, fear to share personal financial information online, lack of trust on whether products would be delivered in good condition , people have no credit or debit card facility, etc.
As per the rising online retail, the survey forecasts the country’s e-commerce market to reach $56 billion by 2023.
About the Associated Chambers of Commerce and Industry of India (ASSOCHAM)
Represents the interests of trade and commerce in India, and acts as an interface between industry, government and other relevant stakeholders on policy issues and initiatives.
Aim:To promote both domestic and international trade, and reduce trade barriers while fostering conducive environment for the growth of trade and industry of India.
Mr. Pradeep Kumar: New MD (Corporate Banking) of SBI
January 1, 2014
The Country’s biggest lender, State Bank of India (SBI) appointed Mr. P.Pradeep Kumar as its Managing Director and group executive in charge of corporatebanking. The seat was lying vacant as of Ms. Arundhati Bhattarcharya became the Chairman of SBI in October 2013.
Previously, Mr. Kumar was the deputy managing director and group executive of the corporate banking group of SBI, which looks after corporate accounts and project finance of the bank. The other three managing directors are K Krishna Kumar (national banking), Hemant Contractor (global banking) and A Vishwanathan (subsidiaries and associates).
Note: The top management at SBI consists of a chairman, four managing directors, over a dozen deputy managing directors and about 35 chief general managers.