Showing posts with label p chidambaram. Show all posts
Showing posts with label p chidambaram. Show all posts

Sunday, May 31, 2009

Lady speaker to represent loksabha for the first time in Indian History

After appointment of first lady president in India in the form of  Ms. Pratibha patil  now  government is planning for first ever lady speaker to represent loksabha assembly .Two names are proposed for this postion one of Ms. Girija Vyas and another one is of   Ms. Mirakumar.This decision was released in the discussion among  congress party leaders Manmohansingh ,Soniya  Gandhi and other members who attended the meeting were  finance minister  Mr. Pranav Mukherjee, home minister Mr. P chindambaram and Defence minister Mr.A.K.Antony.New loksabha  session is going to start from 1st june 2009 and so loksabha members are all prepared for that and before that new speaker will be selected .Girija Vyas is chairperson of National Women's Commission and Mirakumar is  cabinet minister  having water department in her reign.

Congress took the leadership in selection of first ever  lady president of  India as Ms. Pratibha Patil and has now decided to make loksabha speaker as lady and take the credit for first ever  lady loksabha  speaker in India.
Earlier  there were two names for this post one of Mr. Sushilkumar Shinde and another of  Mr. Kishorchandra .Mr. Sushilchandra has been given  post in cabinet ministry so his name has been cut off and also they have dropped name of Mr. kishorchandra as loksabha speaker and now only two names remain for this post of Ms. Girija Vyas and Ms. Mira Kumar .

Meanwhile  Mr. Manikrao Gavit has been appointed as pro-term speaker by president Ms. Pratibha Patil ,and will help in sworn in ceremony of newly appointed of ministers.

Sunday, November 2, 2008

Reserve Bank Drops CRR,REPORATE and thus increases liquidity

Right decision at right time.Reserve Bank on India decided to decrease its CRR and Reporate on 1/11/2008 and implemented it as if it were a gift of new year to the country.
Decrease in these rates will have effect on the current rates of interest charged on home loans and car loans.Both of these rates will decrease by 1-2 % and also help in increasing business as it has allowed to take loan from RBI for 90 days period to all the private sector banks and by this move banks will have enough funds to manage resulting in clear cut reduction in all types of loans with maximum effect in home loans and car loan.
By this move investment in business will increase as businessman will take loans from banks due to low rates and so will help india to come out from this financial crisis faced by the country during this current period.
Banks will get Rs. 85,000 crores for providing loans by this move.

Thus now it will be feasible for people to get loans at low interest rates compared to earlier and will be able to invest in their business and resulting in development of their business ,creating job oppurtunities for unemployed and ultimately resulting in increasing overall GDP of india.
So indians enjoy these low rates and get set for your new targets in new year

Saturday, November 1, 2008

Nice move to increase literacy rate in India: Now primary education will be made compulsory and free for 6 to 14 yrs old children

Well it seems something unbelievable ,but is true ,Now a decsion has to the long avaited law for compulsory primary education for children and the bill has been passed by government so from now onwards children have the right to get free education upto primary level and aging from 6 to 14 yrs and above all it is free of charge .
They do not have to pay anything for getting primary education for the age group of 6 to 14 yrs.
So from now onwards it will be the compulsory for state governments and central government to make sure that they are providing primary education to all the children between 6 to 14 yrs of age for free.

Even it will be responsibility of private schools to keep 25 seats reserved for children who are residing near their school and are deprived of education.

One more important provision is that during the admission process of such student no interview will be conducted by school of either child or his/her parents and they would not demand any donation from them.

This issue was pending to be implemented since December 2002 when it was passed in parliament.
Three cheers to indian government for such a decision .