minister of state

Income Tax returns received in financial year 2008-09 will be processed up to March 31 2010

The central government paid Rs.1,983 crore as income tax refund during financial year 2008-09, while it was Rs.1,308 crore in 2007-08 and Rs.1,922 crore in 2006-07, Minister of State for Finance S.S. Palanimanickam told the Lok Sabha. He said the returns received in financial year 2008-09 could be processed up to March 31 next year.
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Impact of counterfeit currency on National Economy is negligible

Impact of counterfeit currency on National Economy. Reserve Bank of India maintains that the volume of fake currency is negligible, at less than 0.001% (8 notes per million pieces) of the total notes in circulation and, therefore, there is no serious threat to the economy on this account.
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Central Vigilance Commission asked to identify sensitive posts and rationalise transfer of the same

THE Central Vigilance Commission (CVC) has issued instructions to identify sensitive posts in various Ministries/Departments of the Union Government. The Commission has issued instructions to the organizations under its advisory jurisdiction regarding rotation of officials working in sensitive posts. As per the instructions, the organizations were to identify the sensitive posts and effect rotational transfer on these posts every 2 or 3 years to avoid development of vest..
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Government sanctioned 116 posts for the Central Information Commission

THE Central Government has sanctioned 116 posts for the Central Information Commission. The Commission has constituted a Committee to assess its staff requirement. The Government shall examine the report of the Committee as and when received. The Commission has been allotted a plot of land in Delhi for construction of a building of the Commission.
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Code on corporate governance in a year’s time

The Corporate Affairs Ministry is expected to bring out the code on corporate governance in a year's time. Mr Salman Khursheed, Minister of State for Corporate Affairs, said on Monday that the final code would be based on the draft common minimum code, which would be out for public review by the third week of December.
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Govt. may provide Interest subsidy on education loan to student from weaker section for moratorium period

Ministry of Human Resource Development has proposed to introduce a scheme for full interest subsidy during the period of moratorium on loans taken by students belonging to economically weaker sections from the banks under the Education Loan Scheme of the Indian Banks’ Association (IBA) for pursuing any of the approved courses of studies in technical and professional streams from recognised institutions in India.
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Govt. will launch portal for online registration of birth

If you are fed up of standing in a queue for securing a birth certificate for your newborn, there is good news as the government's soon to be launched health portal will reduce your inconvenience by making the process a click away.Besides disseminating health-related information among the masses, the 'National Health Portal' will also help registering births by applying online, minister of state for health Dinesh Trivedi said.
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Convergence of G-20 on Modalities at WTO

The G-20 is a group of developing countries which came together on 20 August 2003. The G-20 has been a driving force and works towards ambitious reforms of agriculture in developed countries with some flexibility for developing countries, thus working towards protection of interests of poor farmers.
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