Manipur Bir Tikendrajit House in total disarray
NEW DELHI, May 19 : A rudderless ship, that is what Manipur Bir Tikendraji House at Chanakyapuri, South Delhi has been reduced to with the staff running around trying to keep the House in order. When The Sangai Express visited the State house, there .....
Incentives for Everesters
IMPHAL, May 19: The State Government will consider incentives that may be given to the five Manipuri mountaineers who have successfully scaled the world’s highest peak Mt Everest, informed the Chief Minister while talking with The Sangai Express. The.....
Governor, CM, Dy CM congratulate So far, six from State have scaled Everest
IMPHAL, May 19: Governor Gurbachan Jagat, Chief Minister O Ibobi and Deputy Chief Minister Gaikhangam have congratulated the team of the 1st North East Mt Everest Expedition 2013 on summiting the highest peak of the world. Gurbachan Jagat said that the.....
Cleanliness drive at Ima Keithel
IMPHAL, May 18: With an objective to keep Ima Keithel neat and clean, Blooming Manipur, Kangla (Facebook Group), Manipur Times, Manipur Photography Club, European Manipuri Asso-ciation (EMA) and Manipur Cycle Club jointly organised a cleanliness drive at .....
KNF celebrates raising day
IMPHAL, May 19: The Kuki National Front (KNF) celebrated its 26th raising day at Camp Ebenezer, Sadar Hills yesterday with more than 200 cadres and leaders. The raising day celebration started with a mass fasting prayer. Addressing the gathering KNF p.....
AIDS Candle Light Memorial Day Observed Solemnly NGOs urge for amended AIDS policy
IMPHAL, May 19 : While observing the International AIDS Candle Light Memorial Day at JN Dance Academy today, 16 NGOs have urged the authorities to implement an amended Manipur State AIDS policy within three months. Generally, International AIDS Candle.....
Rongali Bihu
IMPHAL, May 19:The Asom Samaj Manipur hosted Rongali Bihu celebration at Devalaya Mandir, Kalibari (Thangal bazar) today with Education Minister M Okendro Singh gracing the celebration as the chief guest. While Okendro conveyed warm wishes to the Assam.....
To check frauds and money swindling Economic offence wing set up
IMPHAL, May 19: With the primary objective of checking the practice of swindling money from the public by non-banking financial companies (NBFC), an Economic Offence Wing has been set up in Manipur Police Department. The Economic Offence Wing was set .....
Guardians' body takes up street vendors' cause
IMPHAL, May 19: Noting that upper floors of the three market complexes at Khwairamband keithel are yet to be occupied, All Manipur Students' Guardians' Organisation has proposed that the Government of Manipur provide trading slots to women street vendors .....
DU admissions
IMPHAL, May 18 : Delhi University has announced the dates for undergraduate admissions for the academic session 2013-2014. It will commence on June 5 and continue till June 19, said a press release issued by Naga Students’ Union, Delhi. Unlike las.....
Ex-rebels are not untouchables : Dy CM
IMPHAL, May 19: Stating that the State Government has initiated several measures to bring insurgents on the path of peace, Deputy Chief Minister Gaikhangam has called upon all the people not to view or treat former rebels who have laid down arms and retu.....
UG cadres surrender
IMPHAL, May 19: Security forces of Red Shield Division recovered a huge cache of arms and ammunition buried under ground in 2007 by a cadre of UPPK at the foothills of Thangjing ridge, said a PIB (DW) release that identified the UG cadre as SS Capt Moiran.....
ZU concerned
IMPHAL, May 19:Zeliangrong Union (Assam, Manipur, Nagaland) has expressed concern over the death of an NSCN (IM) cadre in a reported gunfight with ZUF cadres yesterday. In a press release, ZU (AMN) said that it has always been working for maintaining p.....
Tousem body
IMPHAL, May 19:Development Committee Tousem Block 52-Tamei AC has drawn the attention of Chief Minister O Ibobi regarding bad road conditions of the Sub-Division. In a press release, the committee said that the Chief Minister had promised during his vi.....
Hurt in mishap
IMPHAL, May 19:Three youngsters, who were riding a brand new Yamaha FZ motorcycle, met with an accident in front of Mantripukhri headquarters of 69 Bn CRPF this evening. According to an informed source, the biker trio hit the road median and rolled sev.....
MLA inspects
IMPHAL, May 19:Ahead of the monsoon season, Yaiskul AC MLA E Chand today conducted a field inspection of the vulnerable sections of Imphal river bank within Yaiskul Assembly segment together with IFC officials. Observing that many excavations dug up fo.....
Hate the person who breaks traffic rules
If you think no one is watching then you are mistaken! But unfortunately, I am not a traffic cop who will jump in front and enforce you fine for breaking the traffic rule. It is the general Indian nature of carelessness and interpretation of pampered free.....
Traditional healing methods with special reference to Manipur
By Dr K Paochunbou Every ethnic community in Manipur has well-established knowledge, skills, beliefs and practices relating to promotion of positive health and avoidance of sickness even before the hospital oriented system of medicine. In an old civiliza.....
Mis-selling Insurance
By Dipankar Jakharia Not a single week goes by when I am not asked by my readers about an ULIP policy they have invested and now feels as if they have been ripped-off by it. I have written many a times before and ready to write many a time in future abou.....
World Migratory Bird Day 2013
Large scale climatic changes, as have been experienced in the past, are expected to have an effect on the timing of migration. Studies have shown a variety of effects including timing changes in migration, breeding as well as population variations due to .....
Headlines
By : Press Trust of India
PM for more steps to attract investments
NEW DELHI, Sep 22 : Prime Minister Manmohan Singh on Saturday favoured building a climate that attracts investments and establish fair and effective regulatory institutions on legal processes.
Addressing a Conference on Economic Growth in Asia and Changes of Corporate Environment, he said the government is bracing to meet international standards in corporate laws and will soon bring before Parliament the new Companies Bill.
"We must build a climate that attracts investment and encourages and rewards innovation, and establish fair and effective regulatory institutions and also legal processes. Above all, we have the responsibility to ensure probity, transparency and accountability in processes of governance," he said at the conference.
In response to transformational changes of this century, the Prime Minister said government was examining many of the commercial and corporate laws to make them relevant to the challenges that lie ahead, particularly for ensuring distributive equities and empowerment of the marginalised sections of our society.
"Increasing use of this word inclusive is indication of this new emphasis on equity in economic and social processes."
He said new laws in areas such as regulation of securities market, competition and limited liability partnerships have been put in place.
"We will soon bring before Parliament the new Companies Bill that has been in the making for quite some time now," the Prime Minister told the audience that included delegates from Korea, Chief Justice of India SH Kapadia, CJI designate Altamas Kabir, Law Minister Salman Khurshid.
As Asian governments, the Prime Minister said India has the responsibility to ensure that corporate laws match up to international standards, that the regulation of stock exchanges comes up to the expectations of global investors and that banking and financial sectors are exemplars of both efficiency and stability.
"The evolving economic space has to be addressed by all organs of the government: the executive, legislature and the judiciary," he said, adding, "Separation of powers has been the classical guarantee of constitutional government and the rule of law."
The balance between the three organs may appear to get unsettled at times but ultimately it has stood the test of time, Singh said.
He said whilst Parliament has endeavoured to give expression to the aspirations of the people, the higher judiciary in India has made the most remarkable innovations through judicial review, Public Interest or Social Action Litigation to amplify the Constitution's philosophy in a meaningful manner.
Singh praised the Indian judiciary for delivering some judgements having international ramifications and assured that government was ready to adopt the transnational changes in corporate and economic laws.
"Judicial decisions may at times have transnational impact since the global financial and trade systems are also becoming closely integrated. Therefore, Judges of the 21st century therefore have to be social scientists, economists, political thinkers and philosophers. We in India can justifiably feel proud that we are blessed with some of the finest judicial minds of the world," he said.
He also emphasised the role of corporate social responsibility which is intrinsically linked with the concept of sustainable development.
"Corporate governance including responsible conduct towards all the stakeholders, within the corporation as well as outside is also seen as good economics besides desired moral behaviour.
"Corporate Social Responsibility (CSR) is therefore increasingly being seen as a fundamental dimension of the Social Contract between human beings and therefore sought to be subject to public disclosure and scrutiny. The contours and foot print of CSR are widely debated but there is today a growing consensus that it is intrinsically linked with the concept of sustainable development," he said.
