Reluctant to reveal the names of top 100 bank loan defaulter businessmen of the country, the Reserve Bank of India (RBI) has filed a petition in the Delhi High Court, seeking a stay on the orders passed by the Central Information Commission (CIC). On November 15, CIC, while deciding a petition filed by local RTI activist P P Kapoor, had directed the RBI to provide him the names of defaulters by...
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Women Turn Waste Into Wealth by KS Harikrishnan
Standing on the shimmering white beach and gazing out at the turquoise blue waters of the Arabian sea, it is hard to believe that a decade ago this international tourist destination was under siege by mounting heaps of garbage. But Kovalam, about 12 km north of Thiruvananthapuram, capital of southern Kerala state, has been declared a ‘zero waste area’ by a women’s self-help group (SHG) which is engaged in recycling waste...
More »RTI appeals pile up as pleas to fill vacant posts fall on deaf ears by Prajakta Chavan
-The Hindustan Times Nearly 20,000 Right to Information (RTI) appeals concerning central ministries are waiting to be disposed but there just aren't enough hands to do the job. Chief central information commissioner Satyananda Mishra has written at least two letters to the Prime Minister's Office (PMO) asking for the five vacancies to the post of chief information commissioner be filled up, but to no avail. The RTI Act has sanctioned 10 information...
More »Fragmented Bengal funds other states
-The Telegraph RBI governor D. Subbarao has expressed concern over Bengal’s low credit-deposit ratio, which means that funds from the cash-starved state are actually meeting the borrowing needs elsewhere. The erstwhile Left government used to blame Banks for the skewed ratio. But bankers have blamed it on the poor credit absorption capacity of rural Bengal because of fragmented land holdings — a fallout of the land reforms. After a meeting with chief minister...
More »Black money: BJP MPs to give declarations tomorrow of not having illegal money in foreign Banks
-PTI BJP MPs will submit tomorrow declarations to the presiding officers of their respective Houses of Parliament, stating that they do not have any illegal money stashed in any foreign bank or tax haven abroad. BJP leader L K Advani had announced on the completion on his nation-wide yatra against black money and corruption that all party MPs will submit declarations that they do not have any illegal funds in Swiss Banks...
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