Bar Council of India Removes 107 Fake Advocates from Delhi Roll to Uphold Legal Integrity

Image
Bar Council of India Removes 107 Fake Advocates from  Delhi Roll to Uphold Legal Integrity The Bar Council of India (BCI) has taken decisive action in a sweeping initiative aimed at maintaining the integrity of the legal profession by removing 107 fake advocates  from the Roll of Advocates in Delhi  between 2019 and October 2024. This step comes as part of the BCI's rigorous verification process to ensure that only qualified, genuinely practising advocates remain in the profession, ultimately upholding public trust in the legal system. Strengthened Verification Framework Under Rule 32 This effort falls under Rule 32 of the Bar Council of India Certificate and Place of Practice (Verification) Rules, 2015 . The BCI  amended Rule 32 on June 23, 2023 , which empowered the BCI to verify, identify, and systematically remove unqualified and fake advocates from the Roll. The rule amendment has made the process of weeding out non-compliant individuals significantly more efficient. Accordi

IMF Raises India's Growth Projections for 2024; Country Remains Fastest Among Developing Nations

IMF Raises India's Growth Projections for 2024; Country Remains Fastest Among Developing Nations


IMF's Latest Outlook on India's Growth


The International Monetary Fund (IMF) has revised upwards its growth projections for India in 2024, from 6.5 percent to 6.8 percent, reaffirming the country's status as the fastest-growing economy among emerging markets and developing economies. 


Factors Driving India's Growth


India's robust economic growth projections are attributed to the strength in domestic demand and a rising working-age population, according to the IMF's World Economic Outlook report. The country's demographic dividend, with a significant portion of new workforce entrants expected to come from India and sub-Saharan Africa, is poised to support global workforce growth in the medium term.


Economic Performance of Emerging Markets


The IMF's report highlights the consistent outperformance of economic growth in emerging markets, including India, compared to advanced economies over the past two decades. The integration of emerging markets like India into the global economy, particularly through trade and global value chains, has contributed significantly to their economic growth trajectory.


India's Strong Economic Indicators


India's official data reveals a robust growth rate of 8.4 percent during the October-December quarter of the financial year 2023-24, maintaining its position as the fastest-growing major economy. This growth momentum is consistent with previous quarters, where India recorded growth rates of 7.8 percent and 7.6 percent in the preceding two quarters, respectively.


Global Economic Outlook


Overall, the IMF projects global growth to reach 3.2 percent in both 2024 and 2025. Despite various challenges, including supply-chain disruptions, geopolitical tensions, and inflationary pressures, the global economy has demonstrated resilience, with growth remaining steady as inflation returns to target levels.


Resilience Amid Challenges


The IMF's report acknowledges the resilience of the global economy amidst significant challenges, such as supply-chain disruptions, geopolitical tensions, and inflationary pressures. Despite these obstacles, the world avoided a recession, and major emerging market economies, including India, remained resilient, with sustained economic growth.


Conclusion


India's upwardly revised growth projections by the IMF underscore the country's resilience and potential as a key driver of global economic growth. With a favorable demographic dividend and robust domestic demand, India continues to play a pivotal role in shaping the trajectory of the global economy.

Comments

Popular posts from this blog

Evolution of Constitution under Article 14 to 18

Legal Proceedings Initiated Against Former Jharkhand CM Hemant Soren

Equality Before Law