Category: Indian Economy

Bank Union Strike Against Privatization on March 15-16, 2021

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Bank Union Strikes against Privatization on March 15-16, 2021

In the Union Budget FY 2021-22, the government announced the privatization of two public sector banks. This has raised concerns among employees of public sector banks and unions. Thus, against this government’s plan, Bank Unions have threatened to go on a strike on March 15-16. A meeting of the United Forum of Bank Unions, headed by C.H. Venkatachalam, General Secretary of All India Bank Employees’ Association (AIBEA), was held at Hyderabad on Tuesday. The nine agencies that took part in the meeting were AIBEA, AIBOA, AIBOC, BEFI, INBEF, INBOC, NOBO,…

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Christmas Gift for Delhi-Kalkaji Mandir-Botanical Garden Metro to Start from 25 December, 2017

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Kalkaji Mandir-Botanical Garden Metro to Start from 25 December, 2017

PM Modi to Launch Delhi Metro’s Magenta Line on Christmas Eve. December 25 also happens to be the foundation day of the Delhi Metro Rail Corporation (DMRC). The 12.64-km section, which is a part of metro’s upcoming Botanical Garden-Janakpuri West (Magenta) Line, was granted safety approval by the Commissioner for Metro Rail Safety (CMRS) last month. With the opening of the section, Noida residents will save at least 45 minutes of travel time while commuting to South Delhi. The Botanical Garden has been developed as the metro’s first-ever inter-change station…

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Finance Minister Pranab Mukherjee on Deal for Economic Rise

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Pranab Mukherjee Thinking For Economic Rise of India

The Finance Minister of Indian government, Pranab Mukherjee says that the government has to take some decision regarding the pension, insurance and banking sectors for this year. He says that the government is initiating the changes in the administrative department to benefit the economy. He also says that it is predictable to take decision to propose the budget for the coming year. Pranab Mukherjee acknowledges the reforms to change the difficulties with a serious challenge. The finance minister says that the government’s GDP is more in demand to maintain the…

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