Page-17 of Committees
Urjit R Patel Committee suggests adoption of new CPI for Anchoring Monetary Policy
The Expert Committee to Revise and Strengthen the Monetary Policy Framework, headed by RBI Deputy Governor Urjit R Patel submitted its report to RBI Governor Dr. Raghuram Rajan. Recommendations of the Urjit R Patel committee: RBI should adopt the new ..
Month: Current Affairs - January, 2014
CCEA approved Capacity Building Scheme and Rajiv Gandhi Institute for climate change
The Cabinet Committee on Economic Affairs (CCEA) approved Capacity Building Scheme and Rajiv Gandhi Institute for climate change. Both the schemes will work for the state and centre to analyse the climate change and their impacts which can hamper the ..
Month: Current Affairs - January, 2014
Category: Government Schemes Current Affairs
P.J.Nayak Committee set up by RBI to review governance of bank boards
The Reserve Bank of India (RBI) set up an 8 -member panel to review governance of board of banks and examine ‘fit and proper’ criteria for directors, including their tenure. The Committee will be chaired by former Axis Bank Chairman ..
Month: Current Affairs - January, 2014
Bimal Jalan panel on new bank licences to meet on Feb 10, 2014
The Bimal Jalan panel which is scrutinizing applications for new bank licences will hold a meeting on February 10, 2014. Which are the entities in the race for bank licences? Initially, 26 entities expressed interest in entering the banking field. ..
Month: Current Affairs - January, 2014
Suresh Mathur Committee: IRDS sets up panel to study FDI in insurance intermediaries & TPA
The insurance sector regulator, Insurance Regulatory and Development Authority (IRDA) set up a 10-member committee to study the options of allowing 100 % Foreign Direct Investment (FDI) in insurance intermediaries, Third-Party Administrators (TPA), surveyors and loss assessors. The 10-member committee ..
Month: Current Affairs - January, 2014
Rate of gas to be doubled as Government notifies new Gas Pricing Formula
On the eve of Petrotech Conference, the Government has given a respite to the gas exploration industries by notifying the new Gas Pricing Formula which will double the rate of gas to $8.4 per unit from April 2014, for all domestic ..
Month: Current Affairs - January, 2014
Get rid of SLR, end loan waivers: RBI committee
A high-level panel of the Reserve Bank of India (RBI) has suggested that the central bank should gradually abolish the Statutory Liquidity Ratio (SLR), the portion of deposits that banks must compulsorily keep in government securities. At present, SLR is ..
Month: Current Affairs - January, 2014
Cabinet approves constitutional status for JAC
The Union Cabinet approved constitutional status to a proposed Judicial Appointments Commission (JAC), for the appointment and transfer of judges to the higher judiciary. In other words, the cabinet approved a constitution amendment bill to make the appointment /transfer of ..
Month: Current Affairs - December, 2013
Category: India Nation & States Current Affairs
Western Ghats: Nod for farming activities by Ministry of Environment & Forests
The Environment Ministry, following the ‘in principle’ acceptance of the Kasturirangan panel report, issued a fresh order on easing norms on activities related to plantations and agriculture in Ecologically Sensitive Areas (ESA). The Ministry elucidated that the recommendations made by ..
Month: Current Affairs - December, 2013
Category: Places in News Current Affairs
Ministerial panel recommends bail out package to the sugar industry including financial assistance to sugar cane farmers
An informal group of ministers, headed by Agriculture Minister Sharad Pawar recommended a number of incentives to cash-starved sugar mills including financial package to pay cane farmers. Why the need for a financial package for sugar mills ? Owing to ..