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Spectrum Auction Fetches a Record Rs 109,874 Crore

Past Sibal, as Telecom and IT Minister in the previous UPA government, in January 2011 had stated that there was zero loss to the Government as a result of giving away second generation or 2G telecom licences to new players on first-come-first-serve basis in 2008. News In the auction that ...

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The MUDRA Bank: Micro Unit’s Fuel

News MUDRA- Micro Units Development and Refinance Agency. Prime Minister Narendra Modi will launch on April 8 the Rs 20,000 crore MUDRA Bank, an agency to refinance micro-finance institutions which will also act as regulator for the sector. This bank would be responsible for regulating and refinancing all MFIs which ...

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The Coal Story

History Coal allocation scam or Coalgate, is a major political scandal concerning the Indian government’s allocation of the nation’s coal deposits to public sector entities (PSEs) and private companies. In a draft report issued in March 2014, the Comptroller and Auditor General of India (CAG) office accused the Government of India ...

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Checkmate China: Early Resolution of Border Disputes

India and China have emphasised their commitment to arriving at an early resolution of the border disputes between them. Both the countries concluded the 18th round of boundary talks in Delhi on 24th of March 2015. Both sides also agreed to take necessary steps to maintain peace and tranquility in the ...

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Black is the New White: Black Money Law

India moved a step closer to a harsher regime for those hiding wealth overseas with the government introducing legislation in Parliament that makes such concealment a criminal offence. Tax advisors, financial advisors, banks or financial institutions caught aiding any Indian in stashing black money overseas will also face jail terms ...

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Beti Bachao Beti Padhao

Beti Bachao, Beti Padhao (Save girl child, educate girl child) is a Government of India scheme that aims to generate awareness and improving the efficiency of welfare services meant for women. Prime Minister Modi launched the programme on January 22, 2015 from Panipat, Haryana. The scheme was initiated with an initial corpus of Rs 100 crore. According to ...

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