Saturday, October 31, 2015

Modi Sarkar Report Card - October 2015

Draft aviation policy: 2% fare levy, Rs 2500 cap on 1-hour flights proposed 

The Ministry of Civil Aviation has proposed an upfront subsidy to airlines by levying a two per cent fee on all domestic and international commercial flights in order to bring down the cost of air travel on non-metro routes.

The proposed move, which could result in an increase in flight costs on trunk domestic air routes such as those connecting major metros as well as international routes, is aimed at bringing down the cost of air travel on non-metro routes to about Rs 2,500 per flying hour under a freshly conceived Regional Connectivity Scheme (RCS) that was unveiled in the revised draft civil aviation policy here Friday.

- See more at: http://indianexpress.com/article/india/india-news-india/draft-aviation-policy-2-fare-levy-rs-2500-cap-on-1-hr-flights-proposed/#sthash.Dlc6KB9V.dpuf

Chhota Rajan arrested in Indonesia

Fugitive underworld don Chhota Rajan, one of India’s most wanted criminals and a leading figure in the Mumbai underworld, was arrested at Bali in Indonesia on Sunday. Rajan gained widespread sympathy and public attention after he broke away from Dawood Ibrahim gang, condemning it for carrying out the 1993 serial blasts in Mumbai.

The Indonesian authorities are believed to have initiated steps for Rajan’s deportation to India. Confirming the don’s arrest, Union Home Minister Rajnath Singh told the media that the Central Bureau of Investigation and other security agencies are in touch with their Indonesian counterparts to expedite Rajan’s deportation. Mr. Singh said the Indian government had been trying to arrest Rajan for a long time and had made a request to Interpol in this regard. "We had issued a notice (through the Interpol)," he said.

http://www.thehindu.com/news/national/chhota-rajan-arrested-in-indonesia/article7806541.ece

GST will result in cost cut



PM Modi offers Africa $10-bn loan, says projects to be monitored 

In the ten hours after Prime Minister Narendra Modi on Thursday morning offered Africa a concessional credit of $10 billion over five years and a grant assistance of $600 million, at least six African leaders walked up to the summit podium to call for a “monitoring mechanism” of projects being implemented on the ground.

Speaking at the Third India-Africa Forum Summit (IAFS), which was attended by 41 Heads of State and Government and officials from 54 African countries, Zimbabwe President Robert Mugabe, Swaziland King Mswati III, African Union Commission Chairperson Nkosazana Dlamini Zuma, Ghana President John Dramani Mahama, Gabon President Ali Bongo Ondimba and Zambia Vice President Inonge Wina pressed for a monitoring mechanism.


- See more at: http://indianexpress.com/article/india/india-news-india/india-offers-africa-10-bn-soft-loan-seeks-stronger-ties/#sthash.ESr5JeaK.dpuf

Top Lashkar commander killed in Kashmir

SRINAGAR: A most wanted Lashkar-e-Taiba (LeT) commander, who carried a Rs 10 lakh bounty on his head, was killed in an overnight firefight with security forces at Khandaypora in Jammu & Kashmir's Kulgam district on Thursday.

http://timesofindia.indiatimes.com/india/Top-Lashkar-commander-killed-in-Kashmir/articleshow/49589178.cms

NRIs can invest in pension scheme

To widen the ambit of investors in the National Pension Scheme (NPS) and also to provide social security, the Reserve Bank of India (RBI) on Thrusday said that Non-Resident Indians (NRIs) can contribute to the popular NPS.

“With a view to enabling NRIs’ access to old age income security, it has now been decided, in consultation with the Government of India, to enable National Pension Scheme (NPS) as an investment option for NRIs,” the RBI said in a statement posted on its webiste.

http://gulfnews.com/business/sectors/investment/nris-can-invest-in-pension-scheme-1.1609822


No comments:

Post a Comment