# Disqualification

• Over two months after the order of the Kerala high court’s order staying P P Mohammad Faizal’s conviction, the Lok Sabha Secretariat restored the membership of the disqualified Lakshadweep MP.
• The action took place just hours before the Supreme Court was set to take up his petition against the delay.
• However, soon after his return to Loksabha, the Supreme Court questioned the high court order for giving special relief to the disqualified MP.
• Supreme Court said staying of conviction should be done in special cases only.

# NGOs

• Non governmental organizations across the country received foreign contributions worth ₹55, 647 crores between 2019-20 and 2021-22.
• But the NGOs utilised over ₹79000 crore over the same period, home ministry informed the Rajya Sabha.
• This is the same period that witnessed a crackdown on NGOs violating provisions of the Foreign contributions Regulation act.
• In five years between 2017-18 and 2021-22, NGOs in India received a total foreign funding of over ₹88000 crore.

# G-Secs

• The government will borrow ₹8.88 lakh crore in the first half of FY24 through dated government securities.
• Most of these borrowings will be through bonds with maturity of 10 years and more.
• It will also auction ₹104000 crore worth 364 day treasury bills between April and September 2023.
• The government on Wednesday notified its market borrowing programme for the first half of FY24.

# Pakistan

• EU has removed Pakistan from its list of “high risk third countries” that do not have a robust anti money laundering and countering terror financing regime.
• EU’s delegation in Pakistan termed it a positive step for Pakistan.