Following a move by the Central Government to further amalgamate regional rural banks (RRBs) in the country, employee unions are demanding the formation of a National Rural Bank of India (NRBI), by amalgamating all RRBs and de-linking of RRBs from the sponsor banks. Ministry view In a letter dated November 28 to the chairmen of sponsor banks of RRBs, the Department of Financial Services, MINISTRY OF FINANCE, said that currently there are...
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2G scam: Government rejects all allegations against P Chidambaram
-PTI Coming out in strong defence of Home Minister P Chidambaram, Kapil Sibal today attacked the BJP-led NDA of attempting to "foist" culpability on him in the 2 G scam saying it was a desperate attempt to make Parliamentary democracy dysfunctional. Sibal held a press conference to say that the government rejected all allegations against Chidambaram, Finance Minister at the time of spectrum allocation, and alleged that elements in the NDA were...
More »Blow to Aadhaar project as Bill is rejected
-The Hindu The Parliamentary Standing Committee on Finance has rejected the National Identification Authority of India (NIAI) Bill, which was meant to give a legal backing to the Aadhaar project and its aim of using biometrics to create a unique identity for every resident of India. Sources in the Committee say the Bill has been rejected in its current form on the grounds of the project's high cost, as well as concerns...
More »Centre veering round to including Group C employees in Lokpal by Smita Gupta
Idea to keep promise made in ‘sense of the House' resolution The United Progressive Alliance (UPA) government, which in recent days indicated that it was not keen on including the lower bureaucracy within the ambit of the Lokpal Bill, as it was billed as an instrument to deal with corruption in high places, is now veering round to the view that the Group C employees could be included in the Bill...
More »Parliamentary Standing Committee May Recommend Withdrawal Of UID Bill: Report by Nikhil Pahwa
A Parliamentary Standing Committee on Finance is set to recommend that the government withdraw the National Identification Authority of India Bill 2010, reports India Today, citing unnamed sources. The recommendation is to withdraw the bill and introduce another one, because members of the standing committee found the project directionless, and that the bill and the project are not acceptable in their present form, the report states. It doesn’t quite mention...
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