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Indian Railways launches insurance scheme for passengers travelling on e- ticket

Indian Railways has launched an insurance scheme for passengers traveling on e- ticket. The insurance cover will be upto 10 lakh rupees. Key provisions of insurance scheme: The scheme offers travelers or nominees a compensation of 10 lakh Rupees in the event of death or total disability, 7.5 lakh Rupees for partial disability. Besides it […]

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TVSN Prasad Committee submits recommendations on use of Pallet Guns

TVSN Prasad committee has submitted its report to Home Secretary Rajiv Mehrishi. The committee was constituted to look into the alternatives to pellet guns. In its reports, the committee does not agree complete removal of the pellet guns in the Kashmir Valley but suggests that it should be replaced with rubber, polymer and paper bullets.

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CCI fines 10 companies & CMA for cartelization

The Competition Commission of India (CCI) has imposed a fine of Rs 6700 Crore on 10 cement companies and their associated Organization – Cement Manufacturers Association (CMA) for cartelization. The CCI considered the matter after Competition Appellate Tribunal last December set aside its ruling and asked CCI to take-up case afresh. The CCI has levied penalties on

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Indian Army launches Army Design Bureau

The Indian Army has set up Army Design Bureau (ADB) with an aim to indigenize procurements and reduce dependence on imports. ADB will be part of the government’s ‘Make in India’ initiative and integrate various stake holders in its long-term requirements. About the Army Design Bureau (ADB): ADB will serve as link to provide better understanding of the

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Rajasthan Budget 2016: Snapshot

We shall begin by Macro Level Snapshot of Rajasthan Budget 2016-17. S. No Parameter Formula & Value 1 Revenue Deficit Revenue Expenditure – Revenue Expenditure 106000 – 112000 Crore – 6000 Crore Exact = -5600 Crore 2 Budgetary Deficit Revenue A/c Deficit + Capital A/C Deficit (Revenue Receipt- Revenue Expenditure) + (Capital Receipt – Capital Expenditure)

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