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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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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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Home Ministry in Action

Operation Smile When Ghaziabad police recovered 227 missing children in 30 days by a unique campaign called “Operation Smile” Rajanath Singh order the campaign to be emulated in other states too. The plan has been successful  as at least eight states have told the Ministry that they rescued over 2500 missing children ...

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