Parliament is likely to clear a bill to amend the Banking regulation act ,to bring in multi state cooperative banks under effective regulation under RBI.This comes after the PMC bank debacle last year.This news is related to the topic Indian economy of GS 3 and government policies under GS 2. Details about the bill is important for prelims and need ,significance of the bill is important for mains.
The lok shabha passed the Banking Regulation (amendment) bill, which will bring cooperative banks under the supervision of RBI, this step was taken for proper management and prevent corruption in cooperative banks , like that [Read More]
CII, a major industry body has opined that the Indian economy on the path pf recovery driven by the agricultural sector. Signs of recovery are also visible in the FMCG, Pharma and construction sector. Details [Read More]
The article talks about the shift from decade old policy of giving free electricity to farmers to introducing a policy of Direct Benefit Transfer. The article compares the benefit of both the schemes and it [Read More]
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