SC refuses to entertain plea on cooling-off period for civil servants to contest polls
New Delhi (PTI): The Supreme Court on Friday refused to entertain a plea seeking implementation of the 2012 recommendations of the Election Commission regarding the cooling-off period to prevent public servants from contesting polls immediately after retirement or resignation.
A bench of Justices Surya Kant and Sandeep Mehta allowed petitioner G V Harsha Kumar, a former parliamentarian, to withdraw the plea with liberty to approach the appropriate authority.
The plea had sought directions to the EC and the Centre to implement the 2012 recommendations of the poll panel and the July 2004 report of the Committee on Civil Service Reforms to prevent government servants from contesting elections to the legislature, parliament or state assembly on a political party ticket, immediately after retirement or resignation from service, by imposing a cooling-off period.
It had also sought a direction from the Centre to grant one pension to the bureaucrats who have served as members of assembly and parliament.
The plea was filed in the apex court through advocate Sravan Kumar Karanam.
"This report was of 2012," the bench observed, adding, "You want to withdraw or argue?".
The counsel said he would withdraw the petition.
The plea said the petitioner had served as a Member of Parliament of Lok Sabha between 2004 to 2014.
It said the EC in 2012 and the committee appointed by the Centre for Civil Service Reforms had recommended cooling-off period for bureaucrats and public servants entering into politics and contesting elections.
"But despite these recommendations were made two decades ago, they are not being implemented resulting several bureaucrats, judges obtain voluntary retirement from the public service and choose to contest elections immediately by joining a political party without a cooling-off period," it said.
"The officials/public servants who would have helped by way of unlawful means were rewarded by certain political parties by way of offering them tickets to contest in the assembly and parliament elections," it claimed.
The plea said that civil servants/judges often have access to sensitive and confidential information during their tenure and allowing immediate transition to a political role may raise concerns about the misuse of privileged information for personal or party gain.
"A cooling-off period ensures that civil servants have the necessary time to disassociate themselves from their previous roles and responsibilities," it said.
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Rupee falls 32 paise to all-time low of 95.20 against US dollar
Mumbai, Apr 30 (PTI): The rupee depreciated 32 paise to an all-time low of 95.20 against the US dollar in early trade on Thursday, weighed down by elevated Brent crude oil prices, hovering around USD 122 per barrel, and strong American currency.
Forex traders said the USD/INR pair may see further downside, as rising crude oil prices are likely to sharply impact India's import costs, while concerns over potential wider conflict in West Asia are fuelling investor anxiety.
Meanwhile, the US dollar added to gains after the US FED Reserve kept rates unchanged. Safe-haven demand was also boosted by another diplomatic setback between Washington and Tehran.
At the interbank foreign exchange market, the rupee opened at 95.01 against the US dollar, then lost some ground and touched an all-time low of 95.20 against the US dollar in initial trade, registering a fall of 32 paise over its previous close.
On Wednesday, the rupee depreciated 20 paise to close at an all-time low of 94.88 against the US dollar.
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"The main effect on the rupee has been from the rising oil prices, which touched USD 120 per barrel and looked headed for further upside as the US continues with its blockade of Iranian ports, while Iran does not allow any ship/tanker to pass through the Strait of Hormuz," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.01 per cent higher at 98.96.
Brent crude, the global oil benchmark, was trading higher by 3.16 per cent at USD 121.76 per barrel in futures trade.
On the domestic equity market front, Sensex tumbled 821.79 points to 76,674.57 in early trade, while the Nifty dived 287.3 points to 23,890.35.
Foreign Institutional Investors offloaded equities worth Rs 2,468.42 crore on Wednesday, according to exchange data.
"FPIs continue with their sale of Indian Equities and debt (the yield touched 7 per cent on Wednesday) and are also dollar buyers consistently," Bhansali added.
