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Union Home Minister Amit Shah on Tuesday presented the President's Colour to Haryana Police in recognition of its exceptional service. Shah presented the award on behalf of President Dedroupadi Murmu in a ceremony at the Haryana Police Academy in Karnal's Madhuban. The President's Colour is a special flag awarded to a military, paramilitary or police unit as a mark of recognition for its services. A replica of the flag presented to the unit can be worn as an insignia by all officers and ranks of the force on their uniform. Haryana Chief Minister Manohar Lal Khattar, Home Minister Anil Vij, Vidhan Sabha Speaker Gian Chand Gupta and other dignitaries were present on the occasion.
Vice-President of India Jagdeep Dhankar on Wednesday said the country's apex audit body CAG (Comptroller and Auditor General) as an institution has, over the years, exemplified spinal strength. Delivering the inaugural speech at the week-long Audit Diwas celebrations, he said the credibility earned by the institution is due to the the painstaking efforts of the successive CAG chiefs that brought this institution where it is today. "It is indeed satisfying to note that CAG as institution has, over the years, exemplified spinal strength. This elevated status is consequence of seminal leadership the institution has been benefiting from," he said. Impactful and wholesome CAG functioning has generated evolution of transparent and accountable ecosystem, he said and added that such a scenario has "affirmatively contributed to our growth trajectory". The Vice President noted that by virtue of constitutional prescription under Article 151 of the Constitution, the Comptroller and Auditor ...
The insolvency law has led to a significant behavioural shift among borrowers as non-repayment of loan is no more an option and ownership of a firm is no more a divine right, Comptroller & Auditor General of India G C Murmu said on Thursday. According to him, this behavioural shift has resulted in substantial recoveries for creditors outside the Insolvency and Bankruptcy Code (IBC) and improved the performance of firms. Delivering 'IBC: Adaptability is the key to Sustaining Reforms in the Times of a Pandemic' lecture on the occasion of the fourth annual day of the Insolvency & Bankruptcy Board of India (IBBI), Murmu said one of the most remarkable achievements of the Code was that it has led to a significant behavioural change among the debtors and creditors alike. "It is further motivating them to make the best efforts to avoid default. Further, it encourages the debtor to settle default with the creditors at the earliest, preferably outside the Code. With the Code in place, .