All eyes can be on Bharat Rashtra Samithi (BRS) working president and former minister Okay T Rama Rao on Monday after the Anti-Corruption Bureau (ACB) of the Telangana Police on Friday requested him to look earlier than it on January 6 in reference to a case linked to alleged cost irregularities in the course of the Method-E race speculated to be held right here in February 2023.
The Telangana ACB final month registered a case towards Rao, also referred to as KTR, over alleged funds, a few of it in international forex with out approvals, to conduct the race in the course of the earlier regime.
The Telangana Excessive Courtroom gave safety towards arrest to Rao, till the order on a petition searching for to quash the FIR registered towards him by the ACB within the Method-E race challenge, is pronounced.
KTR, who was Municipal Administration Minister in the course of the earlier BRS regime, was additionally summoned by the ED for questioning on January 7 over alleged irregularities with regard to conducting the race in Hyderabad.
The primary allegation towards KTR, son of ex-chief minister KCR, is that he allegedly didn’t search the required approvals from the Cupboard or the Finance Division in authorising the switch of Rs 45 crore from the HMDA to a international entity.
The cash transfers, in British kilos, violated the principles of the Reserve Financial institution of India (RBI), which fined the Telangana authorities Rs 8 crore, an quantity paid by the incumbent Congress authorities that ordered an inquiry, resulting in the ACB case towards KTR, Kumar, and Reddy.
The FIR was registered beneath the Prevention of Corruption Act in addition to beneath Indian Penal Code (IPC) sections 409 (felony breach of belief) and 120B (felony conspiracy).
Modi to just about inaugurate railway initiatives
Prime Minister Narendra Modi will on Monday launch a number of railway initiatives, together with the Jammu railway division and a terminal station in Telangana through video conferencing.
Modi will inaugurate Charlapalli New Terminal station in Telangana and lay the muse stone of Rayagada railway division constructing of east coast railway.
In accordance with a press release, the Jammu division will fulfil the lengthy pending aspiration of the locals by bettering their connectivity to different components of India.
The brand new division will create employment alternatives, infrastructure growth, promote tourism and result in total socio-economic growth of the area, it stated.
It’s going to comprise the next sections: Pathankot-Jammu-Udhampur-Srinagar-Baramulla (423 route km), Bhogpur-Sirwal-Pathankot (87.21 route km), Batala (excluding)-Pathankot (68.17 route km) and Pathankot-Joginder Nagar (slender gauge part, 163.72 route km).
The full size of those sections can be 742.1 kilometres.
Assam govt-FICCI roadshow in Mumbai
The Assam authorities, in collaboration with FICCI because the trade associate, will host a roadshow in Mumbai on January 6 as a precursor to the ‘Benefit Assam’ conclave subsequent month, Chief Minister Himanta Biswa Sarma stated on Saturday.
The CM is on a three-day go to to Mumbai to fulfill trade leaders to discover areas of collaboration for the upcoming enterprise conclave within the northeastern state.
“For the following 3 days, I’ll be in Mumbai to fulfill the leaders of India Inc and discover areas of mutual collaboration for the upcoming #AdvantageAssam 2.0 Summit. I may even take part within the Street Present to ask potential buyers to the land of limitless alternatives – Assam,” Sarma wrote on X.
The Benefit Assam conclave, to be held on February 25-26, can be inaugurated by Prime Minister Narendra Modi, the CM had just lately stated.
– With PTI inputs
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