-PTI FRDI Bill: Jaitley says no need to create fear psychosis, government will consider what panel recommends The Money of all depositors in public-sector banks will be protected and the level of protection will be “much higher than the level which existed till today,” Finance Minister Arun Jaitley told Lok Sabha Thursday. Talking about the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 during his reply to the debate on Supplementary...
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Slack food safety could be risking public health: CAG -Zia Haq
-Hindustan Times Audit report says most food testing labs in country are ill-equipped. The Comptroller and Auditor General (CAG), India’s constitutionally mandated federal auditor, has cited serious lapses in enforcing food-safety norms in the country, which, it said, could be putting public health at risk. A majority of the country’s food-testing laboratories were poorly managed, the report said. It found that 65 of the 72 state-wide food laboratories were not accredited to the...
More »Govt's ambitious fertilizer subsidy reform plan -R Sree Ram
-Livemint.com Overall, while the government is trying to reform the fertilizer subsidy payment mechanism, the challenge is to make sure the new system works before implementation Union minister for chemicals and fertilizers Ananth Kumar’s ambitious plan to clear the fertilizer subsidy backlog before the implementation of the direct benefit transfer (DBT) scheme next fiscal year (FY19) has come as surprise to many. The huge subsidy backlog (estimated at Rs35,000 crore as of FY17)...
More »Is the Modi Government Hiding More Than What It Is Revealing With the RTI Act? -MM Ansari
-TheWire.in The Right to Information Act has not been implemented in letter and spirit, which is why the number of RTI appeals and complaints with the Central Information Commission is growing. The Narendra Modi government has made an oft-repeated commitment to promote transparency and participatory decision-making processes to contain the scourge of corruption in public life. While the Right to Information (RTI) Act is used for promoting free flow of information, the...
More »Govt unlikely to table FRDI Bill in budget session of parliament
-PTI The joint committee on the FRDI Bill has been granted an extension of time up to the last day of Budget Session 2018, speaker Sumitra Mahajan informed the Lok Sabha New Delhi: The Financial Resolution and Deposit Insurance Bill, or FRDI Bill, may not be introduced in Parliament even during the budget session, as the joint committee looking into it got an extension for submitting its report. Lok Sabha speaker Sumitra Mahajan...
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