-The Hindu The Union Cabinet is likely to meet either on December 18 or 19 after the return of Prime Minister manmohan singh from Russia to take a call on the contentious issues related to the Lokpal Bill on the basis of inputs given by the Parliamentary Standing Committee and the all-party meet on Wednesday night. According to Parliamentary Affairs Minister Pawan Kumar Bansal, the government intends to move the Bill in...
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Black money debate: Government agrees to bring white paper
-The Economic Times Finance minister Pranab Mukherjee has said he had directed three institutions - NIPFP, NIFM and NCAER - to come out with a defendable assessment of the quantum of black money stashed away by Indians in foreign banks. Replying to the discussion on the adjournment motion moved in the House by BJP veteran LK Advani on "the situation arising out black money deposited illegally in foreign banks", Mukherjee declared...
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 »Cabinet approves three anti-corruption Bills by Sangeeta Singh & Anuja
Bills aimed at making judges, public utilities more accountable, and protecting whistleblowers The Union Cabinet on Tuesday cleared three crucial anti-graft Bills aimed at making judges and public utilities more accountable and protecting whistleblowers. The Bills come at a time when the government is being attacked by both the opposition and anti-corruption activist Anna Hazare and his team. Analysts are doubtful about the intentions of the Congress party-led United Progressive Alliance (UPA). The...
More »Decision on Food Security Bill deferred by Gargi Parsai
The Union Cabinet on Tuesday deferred a decision on the draft National Food Security Bill that seeks to give legal entitlement to subsidised foodgrains to 46 per cent ‘priority' families of the 75 per cent rural population and 28 per cent ‘priority' households of the 50 per cent urban population. “The discussion on the Food Bill remained inconclusive. We are trying our best to introduce the Bill in this session,” Minister...
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