-The Indian Express K V Thomas set the tone of the debate, citing the difficulties being faced by consumers in his constituency Ernakulam. While the cabinet acceded to Rahul Gandhi's wish and increased the annual cap for subsidised gas cylinders from nine to 12, the meeting on Thursday saw a heated debate between ministers on the linkage of LPG subsidies to Aadhaar and bank accounts so much so that an exasperated...
More »SEARCH RESULT
Total Matching Records found : 359
PAC to finalize report on UPA’s debt waiver scheme today
-The Times of India NEW DELHI: The government has accepted before Parliament's public accounts committee that the findings of the Comptroller and Auditor General on UPA's Rs 52,000 crore farm debt waiver scheme were correct. The auditor in its test check had discovered large-scale irregularities where undeserving farmers were given waiver benefit - at least one-third of the total disbursement were found questionable. On Thursday, the PAC will meet here to give...
More »PAC Picks Holes in UPA's Debt Waiver Scheme
-Outlook A parliamentary committee has picked holes in the ambitious agriculture debt waiver and debt relief scheme of the UPA government saying it could not achieve its goals due to a variety of reasons including violation of guidelines and poor monitoring. Parliament's public accounts committee (PAC) in its draft report on the scheme said there was a "flagrant display of financial and administrative indiscipline by the Department of Financial Services (of the...
More »Usha Ananthasubramanian, first CMD of Bharatiya Mahila Bank interviewed by Aarti Dhar
-The Hindu Bharatiya Mahila Bank (BMB) is the first of its kind bank in India, meant for women. However, the bank is neither completely run by women, and nor is it exclusively for women. The first CMD of Bharatiya Mahila Bank, Usha Ananthasubramanian, explains to The Hindu the concept of the Bank which is just about two months old. Edited excerpts from the interview: * How is Bharatiya Mahila Bank different from the...
More »A detailed map for financial inclusion-CRL Narasimhan
-The Hindu The report of the Reserve Bank of India (RBI)-appointed Committee on Comprehensive Financial Services for Small Business and Low Income Households has been placed on the central bank's website for comments. Considering the voluminous nature of the report and even more pertinently its complex and, detailed treatment of the subject, the deadline for receiving comments, now set at January 24, would, in all probability, need to be extended. The report packs...
More »
