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vijay-mallya-says-will-pursue-all-legal-remedies-as-ubi-declares-him-willful-defaulter

Vijay Mallya says will pursue all legal remedies as UBI declares him 'willful defaulter'

Bangalore, Sep 04 (ANI): Business Tycoon Vijay Mallya on Thursday said that he will pursue all legal remedies available to him even as state-run United Bank of India's (UBI) declares him 'willful defaulter'. This could be a blow to the former liquor baron who has been fending off banks from recovering money they once lent to his now defunct Kingfisher Airlines. A two judge bench of the top court on Tuesday summarily waived off Kingfisher's objections that its chairman Mallya was declared a "willful defaulter" by the United Bank of India's Grievance Redressal Committee without his lawyer being heard during the proceedings. Mallya also slammed state's decision to ban beverage/ alcohol and said that there is no reason to exclude alcohol industry from Goods and Services Tax. He said thar government must take steps to include beverage/ alcohol into the GST. Sep 4, 2014
amit-shah-accuses-udf-and-ldf-in-kerala-of-vote-bank-politics

Amit Shah accuses UDF and LDF in Kerala of vote bank politics

Thiruvananthapuram, Sept 02 (ANI): BJP president Amit Shah, who visited Kerala in order to gain foothold in the state, blamed the dominant coalition fronts for pursuing vote bank politics, and promoting communalism. Kerala is one of the states where BJP is yet to display a strong electoral performance, and politics in the state is dominated by two political factions - United Democratic Front (UDF) led by Congress party and Left Democratic Front (LDF) led by Communist Party of India (Marxist). Shah was addressing special convention of party functionaries in Thiruvananthapuram city during his maiden visit to the state. He further elaborated on the point by saying that Kerala government had sought the release of Abdul Nazer Mahdani, who was detained in connection with the 2008 serial bomb blasts in Bangalore. Shah is hoping to promote the development model of Prime Minister Narendra Modi to lure the voters in southern states. Sep 2, 2014
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BJP hails PM Modi's Jan Dhan Yojana

Lucknow/ Bhopal/ Mumbai, Aug 29 (ANI): BJP leaders and cabinet ministers hailed the initiative of Prime Minister Narendra Modi to launch a scheme to ensure that the majority of households in his country of nearly 1.3 billion people have a bank account within months. If successful, the Jan Dhan Yojana could help mend strained state finances by better targeting billions of dollars in welfare spending as well as relieving poverty in a country where about 40 percent of the population has no access to banking. Madhya Pradesh Chief Minister Shivraj Singh Chouhan praised the initiative saying through this scheme people would be able to save their money judiciously. Under the scheme, the government will give account holders a debit card and accident insurance cover of up to 100,000 rupees. Good customers would also be eligible for an overdraft facility of up to 5,000 Indian rupees after six months. Foreign Minister Sushma Swaraj said this could help break a link between poor public services and corruption. Home Minister Rajnath Singh said this would make people financially independent. Meanwhile, Power Minister Piyush Goyal said through this scheme the poor people will be able to participate in the economic development of the country. Aug 29, 2014
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Pradhan Mantri Jan Dhan Yojana would fight poverty in the country: Modi

New Delhi, Aug 28 (ANI): Prime Minister Narendra Modi, while launching the ambitious 'Pradhanmantri Jan Dhan Yojana, said that the scheme will fight poverty in the country. He added that the scheme would help India to get rid of 'financial untouchability'. The Pradhan Mantri Jan Dhan Yojana is an ambitious scheme, under which the government would provide every household with a bank account and an insurance cover. Under the banking scheme, account holders would get a debit card and accident insurance cover of up to 100,000 rupees ($1,654). They would also get an overdraft facility of up to 5,000 Indian rupees. The first phase of the mission, starting this month, would end in August next year. The second phase will start from 2015 till 2018, covering aspects such as micro insurance and pension schemes like 'Swavalamban'. Aug 28, 2014
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