News The Centre allocated the development of 17 mega food parks across the country to state governments and private firms envisaging an investment of over Rs 6,000 crore. The project cost to set up these 17 mega food parks would be Rs 2,030 crore, of which the central grant would ...
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March, 2015
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25 March
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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25 March
India, Qatar sign 6 pacts during Emir’s visit: FastTrack External Affairs
6 Pacts: Agreement on transfer of sentenced prisoners: Under this agreement , Indian prisoners convicted in Qatar can be repatriated to India to serve the remaining part of their sentence. Similarly Qatari citizens convicted in India can be sent to their home country to serve their sentence. This agreement would enable ...
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24 March
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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23 March
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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22 March
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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21 March
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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20 March
We aren’t Addicted to Oil, but our Cars are: Building Crude Reserves
West Asian companies likely to build five crude reserves in India: The government may rope in private refiners and state firms from West Asia to build five new crude reserves worth Rs 20,000 crore and is also considering tax incentives to attract foreign firms to build and use the assets. ...
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18 March
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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