Tag: Home Minister

Bill to develop Karnataka districts in Lok Sabha

A constitutional amendment bill introduced by Home Minister Sushilkumar Shinde in the Lok Sabha Friday seeks to establish a special development board for six most backward districts of Karnataka.

Besides ensuring equitable allocation of funds for the development of the region, which consists of the erstwhile. Read more

Pay 1% less on home loans worth Rs 15 Lakh

Large interest rates on home loan are causes of low housing demand as result of declining profit curve. But now an individual borrower, who wants to take a home loan up to Rs. 15 lakh, will have to receive 1% interest subsidy approved by the Union cabinet on Tuesday, without exceeding cost of the house Rs. 25 lakh.

The move in this fiscal to offer 1% rate waiver extend to one year up to Rs. 15lakh loan under the scheme of the home loan subsidy will likely to help in raising housing demand, but will cost the exchequer Rs 400 crore. Read more

Chidambaram targeted in Lok Sabha, says charge wild & reckless

Chidambaram 150x150 Chidambaram targeted in Lok Sabha, says charge wild & recklessHome Minister P. Chidambaram who is always targeted by Opposition members, once again never left spare from the BJP’s counter arguments over several issues linked with him.

In Lok Sabha assembly today, Opposition raised issue of Aircel-Maxis deal in which is said that Chidambaram’s son Karthi allegedly involved. Read more

NCTC will come live from March 1, 2012

Before three weeks, a pet project of Union Home Minister P. Chidambaram, NCTC – National Counter Terrorism Centre got the approval from the Cabinet Committee on Security (CCS). And now NCTC will be going to operationalise from March 1.

The country’s specialized anti-terror body will have a Standing Council comprising chiefs of counter-terrorism body. It will have additional power to select ‘elite’ force like NSG for arresting and carry out searches against terrorists under Section 43 (A) of the Unlawful Activities (Prevention) Act, 1967.

The NCTC Body which will locate in the Intelligence Bureau will be headed by directors who will be a part of the Standing Council. NCTC will have three parts of units that will be directed by a joint director of Intelligence Bureau. These are collection and dissemination of intelligence; analysis and carry out operations. Read more

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