-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...
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Jaipur: Homeless freeze in the cold
-Pratirodh Bureau With the mercury plummeting, thousands of homeless people continue to bear the harsh winter in the absence of sufficient night shelters in Jaipur city. A survey released by the People's Union of Civil Liberties (PUCL), which voluntarily monitors the condition of night shelters, claims that 40% of these shelters have improper bedding facility. Also, many poor are still spending night in the open due to sufficient shelters. Here is the survey...
More »Nitish Kumar, half his Cabinet colleagues are crorepatis-Santosh Singh
-The Indian Express Patna: Fifteen out of 29 Bihar ministers, including Chief Minister Nitish Kumar and his deputy Sushil Kumar Modi, are crorepatis. As a part of their anti-graft measures, started in 2011, the CM and his ministerial colleagues declared their moveable and immoveable assets this New Year. Four new entrants have joined the crorepati club this year. Thy are Ashwini Kumar Choubey, Shyam Rajak, Bhim Singh and Bijay Choudhary. Parveen Amanullah is...
More »Setback to Modi as Supreme Court upholds Lokayukta appointment -J Venkatesan
-The Hindu But Governor didn’t take Council of Ministers into confidence, says Bench The Narendra Modi government suffered a setback on Wednesday with the Supreme Court upholding the appointment of Justice R.A. Mehta as Lokayukta by the Governor, saying it was done in consultation with the Chief Justice of the Gujarat High Court. “The facts make it clear that the process of consultation by the Governor with the then Chief Justice stood complete,...
More »Direct Benefits Transfer scheme launches today in 20 districts
-The Indian Express On the eve of the launch of its ambitious Direct Benefits Transfer (DBT) programme, the government Monday announced that the welfare plan will be rolled out in 20 districts and cover seven schemes, mostly scholarships, to benefit more than 2 lakh people. The programme will expand to another 11 districts on February 1 and 12 more districts will be added on March 1. A total of 43 districts in...
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