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N. K. Singh
Nand Kishore Singh is an Indian politician, economist and former Indian Administrative Service officer. He is a senior member of the Bharatiya Janata Party (BJP) since March 2014 after having served as a Member of Parliament in the Rajya Sabha (2008-2014) from Bihar for the Janata Dal (United). He has been a senior bureaucrat, Member of the Planning Commission and handled assignments of Union Expenditure and Revenue Secretary. He was also Officer on Special Duty to Prime Minister Atal Bihari Vajpayee. On 27 November 2017, Modi government appointed him as the chairman of Fifteenth Finance Commission of India. He is currently on the board of Hindustan Times, ICRIER, IMI, Nalanda University as well as connected with the Stanford University and the India Advisory Committee of London School of Economics and Columbia University. He is the former chairman, board of governors of Management Development Institute (MDI), Gurgaon. He is currently the chairman of the review committee ...
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Fifteenth Finance Commission
The FifteenthFinance Commission (XV-FC or 15-FC) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and other fiscal matters for fivefiscal years, commencing 2020-04-01. The commission's chairman is Nand Kishore Singh, a senior member of the Bharatiya Janata Party (BJP) since March 2014, with its full-timemembers being Ajay Narayan Jha, Ashok Lahiri and Anoop Singh. In addition, the commission also has a part-timemember in Ramesh Chand. Shaktikanta Das served as a member of the commission from November 2017 to December 2018. Constitution The FifteenthFinance Commission was constituted by the Government of India—after getting ceremonial approval from President of India—through a notification in ''The Gazette of India'' on 2017-11-27. Nand Kishore Singh was appointed as the commission's chairman, with its full-time members being Shaktikanta Das and Anoop Singh and its part-time members being Ramesh Chand a ...
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Prime Minister Of India
The prime minister of India (IAST: ) is the head of government of the Republic of India. Executive authority is vested in the prime minister and their chosen Council of Ministers, despite the president of India being the nominal head of the executive. The prime minister is often the leader of the party or the coalition with a majority in the lower house of the Parliament of India, the Lok Sabha, which is the main legislative body in the Republic of India. The prime minister and their cabinet are at all times responsible to the Lok Sabha. The prime minister is appointed by the president of India; however the prime minister has to enjoy the confidence of the majority of Lok Sabha members, who are directly elected every five years, lest the prime minister shall resign. The prime minister can be a member of the Lok Sabha or of the Rajya Sabha, the upper house of the parliament. The prime minister controls the selection and dismissal of members of the Union Council of Ministers ...
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Indian Airlines Flight 814
Indian Airlines Flight 814, commonly known as IC 814, was an Indian Airlines Airbus A300 en route from Tribhuvan International Airport in Kathmandu, Nepal, to Indira Gandhi International Airport in Delhi, India, on Friday, 24 December 1999, when it was hijacked and flown to several locations before landing in Kandahar, Afghanistan. The aircraft was piloted by 37-year-old Captain Devi Sharan and first officer Rajinder Kumar, with 58-year-old flight engineer Anil Kumar Jaggia. The Airbus was hijacked by five masked Pakistani militants of the Harkat-ul-Mujahideen (HuM) shortly after it entered Indian airspace at about 17:30 IST. The hijackers ordered the aircraft to be flown to a series of locations: Amritsar, Lahore, and across the Persian Gulf to Dubai. The hijackers finally forced the aircraft to land in Kandahar, Afghanistan, which at the time was controlled by the Taliban. The hijackers released 27 of 176 passengers in Dubai but fatally stabbed one and wounded several others. ...
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Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ...
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Ministry Of Finance (India)
The Ministry of Finance (IAST: ''Vitta Maṃtrālaya'') is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget. The Ministry of Finance is the apex controlling authority of ''four'' central civil services namely Indian Revenue Service, Indian Audit and Accounts Service, Indian Economic Service and Indian Civil Accounts Service. It is also the apex controlling authority of one of the central commerce services namely Indian Cost and Management Accounts Service History R. K. Shanmukham Chetty was the first Finance Minister of independent India. He presented the first budget of independent India on 26 November 1947. Department of Economic Affairs The Department of Economic Affairs is the nodal agency of the Union Government to formulate and monitor country's ...
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Fiscal Responsibility And Budget Management Act, 2003
The Fiscal Responsibility and Budget Management Act, 2003 (FRBMA) is an Act of the Parliament of India to institutionalize financial discipline, reduce India's fiscal deficit, improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget and strengthen fiscal prudence. The main purpose was to eliminate revenue deficit''Revenue Deficit'' is defined in the ''act'' as the difference between the revenue expenditure and revenue receipts which indicates increase in liabilities of the Central Government without corresponding increase in assets of the country (building revenue surplus thereafter) and bring down the fiscal deficit to a manageable 3% of the GDP by March 2008. However, due to the 2007 international financial crisis, the deadlines for the implementation of the targets in the act was initially postponed and subsequently suspended in 2009. In 2011, given the process of ongoing recovery, Economic Advisory Council publicly ...
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Management Development Institute
Management Development Institute (MDI) is private business School in India. It was established in 1973 by Industrial Finance Corporation of India and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi. Rankings MDI was ranked 10th among management schools in India by the National Institutional Ranking Framework (NIRF) in 2020, 3rd in India by ''Outlook India''s Top 150 Private MBA Institutions" of 2020. Campus MDI has its own campus spread over in Gurgaon. The campus is about 12  km. from Indira Gandhi International Airport, New Delhi. MDI has a campus with red brick buildings and trees. The buildings have been given names such as Gurukul, Lakshaya, Scholars, Renaissance, Parthenon etc. Library The MDI library has a collection of over 60,000 books, in addition to electronic resources which include e-books, journals, databases, audio-visual materials, CDs/DVDs, e-journals, reports, case studies, conference proceedings, training manuals etc. ...
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Columbia University
Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhattan, Columbia is the oldest institution of higher education in New York and the fifth-oldest institution of higher learning in the United States. It is one of nine colonial colleges founded prior to the Declaration of Independence. It is a member of the Ivy League. Columbia is ranked among the top universities in the world. Columbia was established by royal charter under George II of Great Britain. It was renamed Columbia College in 1784 following the American Revolution, and in 1787 was placed under a private board of trustees headed by former students Alexander Hamilton and John Jay. In 1896, the campus was moved to its current location in Morningside Heights and renamed Columbia University. Columbia scientists and scholars have ...
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London School Of Economics
, mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 million (2020–21) , chair = Susan Liautaud , chancellor = The Princess Royal(as Chancellor of the University of London) , director = The Baroness Shafik , head_label = Visitor , head = Penny Mordaunt(as Lord President of the Council '' ex officio'') , students = () , undergrad = () , postgrad = () , city = London , country = United Kingdom , coor = , campus = Urban , free_label = Newspaper , free = '' The Beaver'' , free_label2 = Printing house , free2 = LSE Press , co ...
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Stanford University
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considered among the most prestigious universities in the world. Stanford was founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Jr., who had died of typhoid fever at age 15 the previous year. Leland Stanford was a U.S. senator and former governor of California who made his fortune as a railroad tycoon. The school admitted its first students on October 1, 1891, as a coeducational and non-denominational institution. Stanford University struggled financially after the death of Leland Stanford in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, provost of Stanford Frederick Terman inspired and supported faculty and graduates' entrepreneu ...
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Hindustan Times
''Hindustan Times'' is an Indian English-language daily newspaper based in Delhi. It is the flagship publication of HT Media, an entity controlled by the KK Birla family, and is owned by Shobhana Bhartia. It was founded by Sunder Singh Lyallpuri, founder-father of the Akali movement and the Shiromani Akali Dal, in Delhi and played integral roles in the Indian independence movement as a nationalist daily. ''Hindustan Times'' is one of the largest newspapers in India by circulation. According to the Audit Bureau of Circulations, it has a circulation of 993,645 copies as of November 2017. The Indian Readership Survey 2014 revealed that ''HT'' is the second-most widely read English newspaper in India after ''The Times of India''. It is popular in North India, with simultaneous editions from New Delhi, Mumbai, Lucknow, Patna, Ranchi and Chandigarh. The print location of Nagpur was discontinued from September 1997, and that of Jaipur from June 2006. ''HT'' launched a youth daily ...
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