New Delhi, June 20: The Congress on Wednesday took a dig at the Modi government over Chief Economic Advisor (CEA) Arvind Subramanian's decision to quit his post, saying financial experts of the government were completely fed up by its "colossal economic mismanagement".
"Financial experts of Modi government are completely fed up by its colossal economic mismanagement, tepid economic reforms and financial anarchy. CEA Arvind Subramanian's resignation, after the stepping down of Niti Aayog's Arvind Panagriya and RBI Governor Raghuram Rajan, comes as no suprise," Congress leader Randeep Singh Surjewala tweeted.
Union Minister Arun Jaitley said in a Facebook post on Wednesday that Subramanian's term would not be extended as he wants to go back to the US due to family commitments. Subramanian had joined as the CEA on October 16, 2014 for a period of three years.
Jaitley said that on the expiry of three year term, he had requested Subramanian to continue for some more time.
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New Delhi (PTI): Delhi Police has busted an LPG cylinder hoarding and black marketing racket in the Bawana area, an officer said on Friday.
A 50-year-old man, identified as Anil, has been arrested and 75 cylinders seized, he said.
The accused was apprehended following a tip-off about the illegal storage and transportation of LPG cylinders in the industrial area.
Acting on the input, a police team laid a picket near District Park in Bawana on Thursday evening. Around 4 pm, a pickup truck was intercepted and checked, leading to the recovery of 27 LPG cylinders, including both domestic and commercial units.
"When questioned, the accused failed to produce any valid documents, including a licence, permit, stock register or proof of ownership for the cylinders," the officer said.
During interrogation, Anil revealed that more cylinders were stored at nearby premises. Based on his disclosure, police raided two rooms and an iron shed near a factory in the area.
"A total of 48 additional cylinders were recovered, taking the overall seizure to 75. The cylinders were stored without safety measures or legal authorisation, posing a serious risk," the officer said.
Disruptions in maritime supply routes through the Strait of Hormuz amid the ongoing US-Israel and Iran conflict have caused an LPG crisis in India.
