THE NATION THIS WEEK
Here are some top news of the country from last week.
TATA group officially take over Air India
The indebted Air India has been turned over to the Tata Group after 67 years . In October 1932, the Tata group established Air India as Tata Airlines. In 1953, the government nationalised the airline.
The formalities are finished. The Air India privatization process is completed. Tuhin Kant Pandey, Secretary, Department of Investment & Public Asset Management (DIPAM), declared on Thursday that the shares had been transferred to Talace Pvt Ltd, the new owner of Air India.
Hundreds of students took to the streets of Bihar to protest against Railway exam
On Wednesday, as the country celebrated Republic Day, hundreds of students came to the streets of Bihar to protest alleged irregularities in the Railway Recruitment Board's examination system. The students' rage stems from the government's decision to hold two computer-based examinations (CBT) for the RRB Non-Technical Popular Categories (NTPC). Protesters alleged that this recruiting criterion was not listed in the RRB notice for 2019.
According to them, the government only specified one exam in the announcement. They said it was unjust of the RRB to require them to retake the exam. They accused the administrators of "playing with the students' future."
Union budget to be presented in paperless form on February 1
Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in a paperless form on February 1, 2022.
There is a "lock-in" of the authorities engaged in preparing the Budget to safeguard the confidentiality of the Budget. Budget Press, located within North Block, accommodates all authorities during the period preceding the release of the Union Budget. These officials and personnel will not be able to contact their dear ones until the Union Finance Minister presents the Budget to Parliament.
Health Ministry: Omicron sub-variant B.A 2 more prevalent in India
The majority of Omicron cases in India are now of the BA.2 sub-variant, which may be more contagious than the BA.1 identified earlier.
According to the authorities, Omicron took over the Delta variant in January, with a significant increase to 9,672 instances from 1,292 in December. In December, the country had over 17,000 Delta and AY strain cases, but the trend reversed in January.
Survey: Income of poorest fifth plunged 53% in 5 years
In an unusual pattern since economic liberalisation, the yearly income of the lowest 20% of Indian families, which had been steadily growing since 1995, fell by 53% in the forecasted year 2020-21 compared to 2015-16 levels. During the same five-year period, the richest 20% saw their yearly family income increase by 39%, highlighting the stark discrepancy between Covid's economic impact on the bottom and top of the pyramid.
Author:
Vasundhara Tiwari
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