Tuesday, September 21, 2010
Right to Information Act(RTI)
The Right to Information (RTI) Act ,2005 , one of the most powerful lasws enacted in independent India., completes half a decade in the cause of transparent and accountable administration. It enables, on demand, access to information the State and Central governments have in their possession. It empowers Indian cititzens to ask for and get specific information, subject to certain norms, form a public Authoirty.thus making functionaries more accountable and responsible
Friday, September 17, 2010
9 Indian Telecom Network Becomes the 2nd Larget in the World
Indian telecom network becomes the second largest in the world with total subscriber base of over 670 million at the end of July 2010.With this overall teledensity in the country has reached over 58% mark. In last five years not only Urban Tele-density has risen from 26% to more than 125%, but Rural Tele-density has also increased phenomenally from 1.73% to over 27%. Inaugurating the Curtain Raiser Ceremony of ‘India Telecom 2010’ here today, Thiru A. Raja Union Minister of Communications and Information Technology, said it has been made possible by synergy of conducive Government policies and the entrepreneurship zeal of Telecom industry. He underlined the policy initiatives that led to the present state of reduced tariffs and monumental growth in teledensity enabling common man to afford it and get connected with rest of the world.
Thursday, September 9, 2010
A Bouquet of Mutual funds “Ujjawal Bhavishya” in Post Offices Launched
The Department of Posts (DoP) opens about eight lakh new “Mahatma Gandhi NREGS’ accounts every month across the country. Till 30th June 2010 has DoP opened 4.48 crore accounts under the scheme and disbursed an amount of Rs. 3,406 crores in the current financial year. More than 95,000 post offices are engaged in disbursement of wages under MGNREGS.
In a tie up with Pension Fund Regulatory and Development Authority DoP has started retailing of New Pension Scheme (NPS) through post offices in the country. So far 5186 NPS accounts have been opened in Head Post Offices in 20 Postal Circles.
As a part of financial inclusion, the DoP in another tie up with UTI Mutual Fund has launched “Ujjawal Bhavishya”, a bouquet of mutual funds relating to Retirement Benefits Pension Fund, Mahila Unit Scheme and Children’s Carrer Balanced Funds in all post offices in the country. The scheme has the convenience of systematic investment plan. It will enable investors in small towns and cities to avail investment opportunities through post offices.
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