-The Economic Times The oil ministry may raise prices of diesel by Re 1 a litre or that of cooking gas by Rs 100 to neutralise the impact of its plan to increase the supply of subsidised cylinders to households, government officials said. "A Re 1 hike in diesel prices would generate about Rs 8,000 crore a year, which is sufficient for three additional cylinders in a year. About Rs 100 hike...
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‘Cash Transfer scheme a game changer for banks’
-The Hindu It will bring many customers into banking fold: Andhra Bank CMD Hyderabad: Andhra Bank Chairman and Managing Director B. A. Prabhakar on Sunday said the cash Transfer scheme of the Central government was a game changer for banks as it would help bring a large number of retail customers into the banking fold. The scheme had the potential to bring about a second revolution in the industry after nationalisation of banks...
More »Cash Transfer scheme will eliminate irregularities, says Chidambaram
-The Hindu Chennai: Union Finance Minister P. Chidambaram said the cash Transfer scheme, aiming at crediting subsidy amount directly to the bank accounts of beneficiaries, would be fully implemented throughout the country by December 2013. “Beneficiaries of 39 schemes will get their money Transferred to their bank accounts directly,” Mr. Chidambaram said, while participating in the centenary celebrations of former Assembly Speaker S. Chellapandian on Sunday. He said the “your-money-in-your-hands” scheme would...
More »Critics have got it wrong, Annashree money meant to supplement other schemes: Sheila
-The Indian Express Under fire for her suggestion that a family of five could purchase a month’s ration of rice, wheat and pulses for Rs 600, Chief Minister Sheila Dikshit on Sunday claimed that her statement had been taken out of context. With the BJP cashing in on the criticism against Dikshit’s statement, the Chief Minister held her ground claiming that the critics had “failed to understand” the Delhi government scheme she...
More »CBI: Startling findings in Pune RTI activist murder-Chaitraly Deshmukh
-DNA The Central Bureau of Investigation (CBI) officials involved with the probe in the murder of RTI activist Satish Shetty, have said that the scrutiny of call records of the people they are examining and the analysis of data retrieved from the hard disks of their computers, has revealed information that could lead to the fresh arrests. Shetty, who hails from Talegaon Dabhade, in Pune district, was stabbed and killed on his...
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