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RBI governor emphasizes on financial inclusions to reduce corruption

Mumbai, Aug 14 (ANI): RBI Chief, Raghuram Rajan, vouched for financial inclusion of the poor, in a bid to reduce corruption and boost the developing economy. Speaking at an Independence Day Literature event in Mumbai, Rajan said that India's economy has improved substantially since Independence, but it still lags behind some other countries, such as South Korea, which got their independence even later. He added that direct cash transfers to the poor would help breaking the cycle of dependency. The chief suggested ways to transfer cash by the way of opening bank accounts and transferring government subsidies to those accounts. Aug 14, 2014
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Congress condemns Amit Shah's speech at BJP national council meet

New Delhi/ Kanpur, Aug 9 (ANI): Congress on Saturday condemned BJP chief Amit Shah’s statement that the electoral verdict of Lok Sabha polls was "defeat of dynasty politics" and the "people rejected appeasement and vote bank politics". Shah had said that when history will be written, the former UPA government will be known as a government of scams. Aug 9, 2014
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Mixed reactions come as Rahul Gandhi alleges UP riots to be 'engineered'

New Delhi, Aug 09 (ANI): Mixed reactions come in as Congress Vice President Rahul Gandhi alleged that UP riots were ‘engineered'. Congress leader Rashid Alvi said that Gandhi is right and blamed the SP government in UP for the communal tensions. BJP said that Gandhi should think about the welfare of his own party and that the party should now give away its arrogance. JD (U) leader Ali Anwar supported Gandhi's remark in the wake of ongoing violence in the state. Meanwhile, Rajya Sabha MP Mohammed Adeeb said that such politics for the vote bank should be stopped which results in loss of innocent lives. Aug 9, 2014
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