Chances of a single answer to two opposing questions on the RTI Act means there is something to it which the rule-books don’t tell you about—but you can bowl googlies to them, too, when the system expects you to hold a straight bat to their bouncers Here is a single answer to two diametrically opposite questions—“Yes, you can file an application under the Right to Information Act of India 2005 (RTI...
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Now, a green cess on petrol, cars? by Mahendra Kumar Singh
Buying and running cars and two-wheelers could soon become a costly affair with a Planning Commission working group suggesting a green surcharge of Rs 2 on every litre of petrol, a green cess of 3% of the annual insured value of all private vehicles and a steep urban transport tax to be collected at the time of purchase of private vehicles. The panel, headed by Delhi Metro chief E Sreedharan, has...
More »Centre to set up Rs. 1,000-crore fund to promote housing for poor by P Sunderarajan
It will provide credit risk guarantee to banks on the loans Prime Minister Manmohan Singh on Tuesday announced that the Centre was considering setting up a credit risk guarantee fund with a corpus of Rs. 1,000 crore, to start with, to encourage banks to lend to the poor for housing. Emphasising that developing housing for the poor was critical for sustainable urban development, he said: “To encourage banks to lend in significant...
More »PM mulls Rs.1,000 crore corpus for housing poor
-IANS The government is considering creating a corpus fund of Rs.1,000 crore ($18.7 million) in the current fiscal that would encourage banks to give housing loans in 'significant volumes' to the urban poor, Prime Minister Manmohan Singh said Tuesday. Addressing a conference on the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) here, Manmohan Singh said the corpus of Rs.1,000 would be set aside to create a credit risk guarantee fund that could...
More »PDS leakage drops to 10-15%: govt
-The Indian Express The government today claimed there has been an "impressive improvement" in the performance of the targeted public distribution system (TPDS), with leakage reduced to about 10-15 per cent on average now from 40 per cent earlier. "The leakage, on an average, is nearly 10-15 per cent," said Minister of State for Consumer Affairs and Public Distribution KV Thomas said in a reply during Question Hour in the Rajya Sabha. The...
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