Daily Archives: November 16, 2016

GST Bill and Other legislative agendas of Govt of India for Winter Session

By | November 16, 2016

Ministry of Parliamentary Affairs 15-November, 2016 PM urges Parties to work together to change negative perception of people about politicians   PM calls for discussion on the State funding of elections and the simultaneous polls  Finance Minister says Government was fully prepared for withdrawal of high value notes despite secrecy requirements Government holds All Party… Read More »

PM Modi Key Decision on Exchange of Old Bank Notes 15.11.2016

By | November 16, 2016

The Prime Minister Shri Narendra Modi reviewed the position for the second consecutive day yesterday regarding the smooth supply and availability of currency notes; Among major decisions taken during the Meeting include to continue to give highest importance to ensure convenience for the public; Use of Indelible ink for over the counter exchange against old… Read More »

Inter-Linking of Rivers-Govt Approved constitution of Special Committee

By | November 16, 2016

Cabinet approves Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of judgment of Supreme Court The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the Status-cum-Progress Report and constitution of “Special Committee for Inter-Linking of Rivers” in compliance of Supreme Court judgment dated… Read More »

A boost to farmers income :MSP for Rabi Crops of 2016-17 Approved

By | November 16, 2016

A boost to farmers income Cabinet approves enhanced MSP for Rabi Crops of 2016-17 season Announces Bonus for Gram, Masur, Rapseed/Mustard and Safflower cultivation The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for the increase in the Minimum Support Prices (MSPs) for all Rabi Crops… Read More »

RBI asks Cooperative Banks to ensure Strict Compliance to its Instructions

By | November 16, 2016

RBI asks Cooperative Banks to ensure Strict Compliance to its Instructions Date : Nov 15, 2016 There were reports that some cooperative banks were not strictly adhering to the instructions issued in connection with the withdrawal of legal tender status of the existing ₹ 500 and ₹ 1000 bank notes (specified bank notes). The Reserve… Read More »

Procedure for putting indelible ink on finger of customers going to Bank for Exchange of Old Bank Notes

By | November 16, 2016

RBI/2016-17/133 DCM (Plg) No.1280/10.27.00/2016-17 November 15, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear Sir Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch… Read More »