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RBI chief Raghuram Rajan has been named as the “governor of the year” in the Central Banking Awards for 2015 by a British magazine for “his deep understanding of the root causes of economic problems of the country combined with an impressive leadership style.” The British magazine Central Banking , announcing the name of Mr. Rajan as the ‘Governor Of The Year’ said, “Mr. Rajan’s disciplined and focussed approach in leading the Reserve Bank during his first year as Governor was remarkably impressive. This is the second award by the London-based magazine and will be presented in the British capital on March 12. “Although there is still much to do, his decisive policy actions based on robust analysis and deep understanding of the underlying causes has contributed significantly to changing perceptions about the strength of the Indian economy,” Central Banking Editor Christopher Jeffery said in a statement issued from London. It further noted Mr. Rajan, who was the chi

                        Laws Enacted and Amended in 2014: A Snapshot                                   http://www.livelaw.in/laws-enacted-amended-2014-snapshot/ 1.  The Lokpal and Lokayuktas Act, 2013 The Lokpal and Lokayuktas Bill received the President’s assent on the 1st January, 2014. It provides for the establishment of a body of Lokpal for the Union and Lokayukta for States to inquire into allegations of corruption against certain public functionaries and for matters connected therewith or incidental thereto. The law was enacted for effective implementation of the United Nations Convention against Corruption, which was ratified by India in May, 2011. It was enacted so that  “the Government’s commitment to clean and responsive governance”  could be reflected in effective bodies in order to contain and punish acts of corruption. The Act has however been in cold storage all this while, with the Apex Court chiding the Government over the same  in