A Distinguished Political Leader

8/13/2019 A Distinguished Political Leader

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A distinguished political leader, philanthropist, educationist and social worker, Dr. Akhilesh Das Gupta isthe pride of Lucknow.

PUBLIC LIFE: Dr. Akhilesh Das Gupta decided to follow his father's footprints by choosing SocialService as his prime goal. n his distinguished public life spanning well over three decades, Dr. Gupta wasfirst elected as the !ayor of Lucknow in year "##$ and rightly hailed as one of the youngest !ayors of theworld. Subse%uently, he was elected as a !ember of &arilament (a)ya Sabha* in +ovember "## and wasre-elected for a second term in +ovember // till +ovember //0. Dr. Gupta has been again elected as a!ember of &arliament (a)ya Sabha* for a third consecutive term in //0 till /"1. Dr. Gupta has been amember of many important &arliamentary 2ommittees and +ational level ape3 Advisory 4 Statutory5odies including the A !S. 6e has been a member of the 73ecutive 2ommittee of A 287. 6e alsoserved with distinction as the 9nion !inister of State for Steel, Goverment of ndia and made a place forhimself as one of the foremost +ational leaders.

CONTRIBUTION TO SPORTS: Dr. Akhilesh Das Gupta has been an enthusiastic sports person. 6eunderwent an e3haustive training in 7ngland as a )unior 5adminton player. Later, he represented andcaptained the 9.&. State 5adminton team for many years and won many +ational 4 nternational

8ournaments including the +ational Doubles 2hampionship. 6is love for other sports has been no less. 6ehas been instrumental in organi:ing and facilitating many +ational level 8ournaments of other sports aswell. &resently he is the &resident of the 9.& ;lympic Association, &resident of 5adminton Association ofndia 4


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movement of !ahatma Gandhi and @awahar Lal +ehru. During his long political career he worked as a!inister, Speaker and !ember of &arliament both Lok Sabha and (a)ya Sabha* and later on served as the2hief !inister of 9ttar &radesh. 6is entire life was devoted to secure the dignity of individualsE help andguide people of all ages in every walk of life, to enable them reali:e their full potential and self-satisfactionin life. 6e never believed in surrendering to any forces, and even when coming face to face with D7A86,he would not give in !an doth not yield himself to angels, not even unto death, utterly, save, by theweakness of his feeble will.

55D+ 8! is one many such efforts to cherish the memory of the great.

Cabin& Minis &!s 5as on 6746848679

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". Dr. !anmohan Singh &rime !inister and also in-charge of the !inistriesFDepartments notspecifically allocated to the charge of any !inister vi:.>i* !inistry of &ersonnel, &ublic Grievances 4 &ensionsEii* !inistry of &lanningEii* Department of Atomic 7nergyE andiv* Department of Space.

. Shri A.B. Antony !inister of Defence.

$. Shri Sharad &awar !inister of Agriculture, and!inister of Cood &rocessing ndustries.

1. Shri &. 2hidambaram !inister of Cinance.

. Shri Ghulam +abiA:ad

!inister of 6ealth and Camily elfare, and!inister of ater (esources.

. Shri Sushilkumar

Shinde

!inister of 6ome Affairs.

H. Shri !.


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"#. Shri &raful &atel !inister of 6eavy ndustries and &ublic 7nterprises.

/. Shri Shriprakash@aiswal

!inister of 2oal.

". Shri Salman Bhurshid!inister of 73ternal Affairs.

. Shri


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"/. Shri !anish 8ewari !inister of State ndependent 2harge* of the !inistry of nformation and5roadcasting.

"". Dr. B. 2hiran)eevi !inister of State ndependent 2harge* of the !inistry of 8ourism.

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Andhra &radesh +allari Biran Bumar (eddy Shri. 7. S. L. +arasimhan

$ Arunachal &radesh +abam 8uki +irbhay Sharma

1 Assam Shri 8arun Gogoi @anaki 5allabh &atnaik

5ihar Shri +itish Bumar DI &atil

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U a! P!a%&s) F tPr p r P d F 6indi > QQQQQ QQQQQQ, 9rdu > R TUVW V XY lit. +orthern&rovince *, abbr. UP , is a state located in northern ndia. t was created on " April "#$H as the Uni &%P!o$in-&s , and was renamed Uttar Pradesh in "# /. Lucknow is the capital and Banpur is the commercialcapital and the largest city of 9ttar &radesh. ;n # +ovember ///, a new state, 9ttarakhand , was carved

from the mountainous 6imalayan region of 9ttar &radesh.

8he state is bordered by (a)asthan to the west, 6aryana and Delhi to the northwest, 9ttarakhand and thecountry of +epal to the north, 5ihar to the east, @harkhand to the southeast, 2hhattisgarh to the southand !adhya &radesh to the southwest. t covers #$,#$$ s%uare miles 1$, #/ km *, e%ual to .00O of thetotal area of ndia, and is the fifth largest ndian state by area . ith over // million inhabitants as of /"",it is the most populous state in the country as well as the most populous country subdivision in the world. 6indi is the official and most widely spoken language in its H districts. 9ttar &radesh is the fourth largest ndian state by economy , with a GD& of H/0/ billion 9SZ""/ billion*. Agriculture and service

industries are the largest parts of the state's economy. 8he service sector comprises travel andtourism, hotel industry , real estate, insurance and financial consultancies.

9ttar &radesh was home to powerful empires of ancient and medieval ndia,including !agadha , +anda , !auryan , Sunga, Bushan ,Gupta , Gur)ara, (ashtrakuta , &ala and !ughal empir es. 8he two ma)or rivers of the state, the Ganga and Iamuna , )oin at Allahabad and then flow as the Gangafurther east. 8he state has several historical, natural, and religious tourist destinations, such as the 8a) !ahal ,


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S#o! s

&opular sports in 9ttar &radesh can be divided into two groups> traditional sports and modern sports ofmainly 7uropean origin. Athletes from the state have included the field hockey player Dhyan 2hand ,;lympic shooter +awab !ian, volleyball player San)iv 5alian, and the wrestler Anu).

8raditional sports, now played mostly as a pastime, include wrestling , swimming , kabaddi , and track-or water-sports played according to local traditional rules and without modern e%uipment. Some sports aredesigned to display martial skills such as using a sword or '&ata' stick*. Due to lack of organised patronageand re%uisite facilities, these sports survive mostly as individuals' hobbies or local competitive events.Among modern sports, field hockey is popular and 9ttar &radesh has produced some of the finest playersin ndia, including Dhyan 2hand and, more recently, +itin Bumar and Lalit Bumar 9padhyay.

(ecently, cricket has become more popular than field hockey. 9ttar &radesh won its first (an)i 8rophy tournament in Cebruary // , beating 5engal in the final. t can also boast of routinely having $ or1 players on the national side. Green &ark Stadium in Banpur , the only internationally recognised cricketstadium in the state, has witnessed some of ndia's most famous victories. 9ttar &radesh 2ricket Association 9&2A* has head%uarter in Banpur. Cai:abad Sports 2omple3 is another sports venue in 9ttar&radesh which includes Cai:abad nternational Sports Stadium . Greater +oida 2ricket Stadium is anothernewly built international cricket stadium.

8he 5uddh nternational 2ircuit hosted ndia\s inaugural C" Grand &ri3 race on $/ ;ctober /"". 8he."1 km long circuit was designed by German architect and racetrack designer 6erman 8ilke to competewith other world-class race circuits.

u.b) M&,a F k m m e lPF or F k m m P l FEDevanagari > kumbha m]l^ , !arathi *kumbh mela is a mass 6indu pilgrimage of faith in which 6indus gather to bathe in a sacred river. t isconsidered to be largest peaceful gathering in the world with over "// million people visiting during the!aha Bumbh !ela in /"$. K t is held every third year at one of the four places byrotation>6aridwar , Allahabad &rayaga*, +ashik and 9))ain . 8hus the Bumbh !ela is held at each of thesefour places every twelfth year. Ardha 6alf * Kumbh Mela is held at only two places, 6aridwar andAllahabad, every si3th year. 8he rivers at these four places are> the Ganges Ganga * at 6aridwar, theconfluence Sangam * of the Ganges and the Iamuna and the mythical Saraswati at Allahabad,theGodawari at +ashik, and the Shipra at 9))ain.

8he name Bumbh !ela comes from 6indi , and in the original Sanskrit and other ndian languages it is

more often known as Bumbha !ela. Kumbha means a pitcher and Mela means fair in Sanskrit. 8he pilgrimage is held for about one and a half months at each of these four places where it is believed in6induism that drops of nectar fell from the kumbha carried by gods after the sea was churned. 8he festivalis billed as the world\s largest congregation of religious pilgrims . K 8here is no precise method ofascertaining the number of pilgrims, and the estimates of the number of pilgrims bathing on the mostauspicious day may varyE appro3imately 0/ million people attended on "1 Cebruary /"$.

!auni Amavasya traditionally attracted the largest crowds at the mela, held here every " years. 8hecurrent Bumbh !ela was held on "1 @anuary /"$ at Allahabad. 8he day marked the second and the

biggest Shahi Snanam royal bath* of this event, with "$ akharas taking to the Sangam. "/ Ceb /"$ was the

biggest bathing day at the ongoing !aha Bumbh !ela and probably the largest human gathering on asingle day . ;ver $/ million devotees and ascetics took holy dip on the occasion of !auni Amavasya.
http://en.wikipedia.org/wiki/Dhyan_Chandhttp://en.wikipedia.org/wiki/Wrestlinghttp://en.wikipedia.org/wiki/Wrestlinghttp://en.wikipedia.org/wiki/Swimming_(sport)http://en.wikipedia.org/wiki/Kabaddihttp://en.wikipedia.org/wiki/List_of_water_sportshttp://en.wikipedia.org/wiki/List_of_water_sportshttp://en.wikipedia.org/wiki/Field_hockeyhttp://en.wikipedia.org/wiki/Field_hockeyhttp://en.wikipedia.org/wiki/Crickethttp://en.wikipedia.org/wiki/Hockeyhttp://en.wikipedia.org/wiki/Ranji_Trophyhttp://en.wikipedia.org/wiki/Ranji_Trophyhttp://en.wikipedia.org/wiki/Bengalhttp://en.wikipedia.org/wiki/Bengalhttp://en.wikipedia.org/wiki/Green_Park_Stadiumhttp://en.wikipedia.org/wiki/Green_Park_Stadiumhttp://en.wikipedia.org/wiki/Green_Park_Stadiumhttp://en.wikipedia.org/wiki/Kanpurhttp://en.wikipedia.org/wiki/Kanpurhttp://en.wikipedia.org/wiki/Uttar_Pradesh_Cricket_Associationhttp://en.wikipedia.org/wiki/Uttar_Pradesh_Cricket_Associationhttp://en.wikipedia.org/wiki/Faizabad_Sports_Complexhttp://en.wikipedia.org/wiki/Faizabad_Sports_Complexhttp://en.wikipedia.org/wiki/Faizabad_International_Sports_Stadiumhttp://en.wikipedia.org/wiki/Faizabad_International_Sports_Stadiumhttp://en.wikipedia.org/wiki/Greater_Noida_Cricket_Stadiumhttp://en.wikipedia.org/wiki/Greater_Noida_Cricket_Stadiumhttp://en.wikipedia.org/wiki/Buddh_International_Circuithttp://en.wikipedia.org/wiki/List_of_Formula_One_Grands_Prixhttp://en.wikipedia.org/wiki/Herman_Tilkehttp://en.wikipedia.org/wiki/Herman_Tilkehttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Devanagarihttp://en.wikipedia.org/wiki/Marathi_languagehttp://en.wikipedia.org/wiki/Hinduismhttp://en.wikipedia.org/wiki/Pilgrimagehttp://en.wikipedia.org/wiki/Pilgrimagehttp://en.wikipedia.org/wiki/List_of_largest_peaceful_gatherings_in_historyhttp://en.wikipedia.org/wiki/Kumbh_Mela#cite_note-natgeo-5http://en.wikipedia.org/wiki/Haridwarhttp://en.wikipedia.org/wiki/Allahabadhttp://en.wikipedia.org/wiki/Allahabadhttp://en.wikipedia.org/wiki/Nashikhttp://en.wikipedia.org/wiki/Nashikhttp://en.wikipedia.org/wiki/Ujjainhttp://en.wikipedia.org/wiki/Gangeshttp://en.wikipedia.org/wiki/Triveni_Sangamhttp://en.wikipedia.org/wiki/Yamunahttp://en.wikipedia.org/wiki/Yamunahttp://en.wikipedia.org/wiki/Sarasvati_Riverhttp://en.wikipedia.org/wiki/Godavari_Riverhttp://en.wikipedia.org/wiki/Shiprahttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Sanskrithttp://en.wikipedia.org/wiki/Kumbhahttp://en.wikipedia.org/wiki/Kumbhahttp://en.wikipedia.org/wiki/Kumbh_Mela#cite_note-6http://en.wikipedia.org/wiki/Akharahttp://en.wikipedia.org/wiki/List_of_largest_peaceful_gatherings_in_historyhttp://en.wikipedia.org/wiki/List_of_largest_peaceful_gatherings_in_historyhttp://en.wikipedia.org/wiki/Dhyan_Chandhttp://en.wikipedia.org/wiki/Wrestlinghttp://en.wikipedia.org/wiki/Swimming_(sport)http://en.wikipedia.org/wiki/Kabaddihttp://en.wikipedia.org/wiki/List_of_water_sportshttp://en.wikipedia.org/wiki/Field_hockeyhttp://en.wikipedia.org/wiki/Crickethttp://en.wikipedia.org/wiki/Hockeyhttp://en.wikipedia.org/wiki/Ranji_Trophyhttp://en.wikipedia.org/wiki/Ranji_Trophyhttp://en.wikipedia.org/wiki/Bengalhttp://en.wikipedia.org/wiki/Green_Park_Stadiumhttp://en.wikipedia.org/wiki/Kanpurhttp://en.wikipedia.org/wiki/Uttar_Pradesh_Cricket_Associationhttp://en.wikipedia.org/wiki/Uttar_Pradesh_Cricket_Associationhttp://en.wikipedia.org/wiki/Faizabad_Sports_Complexhttp://en.wikipedia.org/wiki/Faizabad_International_Sports_Stadiumhttp://en.wikipedia.org/wiki/Greater_Noida_Cricket_Stadiumhttp://en.wikipedia.org/wiki/Buddh_International_Circuithttp://en.wikipedia.org/wiki/List_of_Formula_One_Grands_Prixhttp://en.wikipedia.org/wiki/Herman_Tilkehttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_English#Keyhttp://en.wikipedia.org/wiki/Help:IPA_for_Englishhttp://en.wikipedia.org/wiki/Devanagarihttp://en.wikipedia.org/wiki/Marathi_languagehttp://en.wikipedia.org/wiki/Hinduismhttp://en.wikipedia.org/wiki/Pilgrimagehttp://en.wikipedia.org/wiki/List_of_largest_peaceful_gatherings_in_historyhttp://en.wikipedia.org/wiki/Kumbh_Mela#cite_note-natgeo-5http://en.wikipedia.org/wiki/Haridwarhttp://en.wikipedia.org/wiki/Allahabadhttp://en.wikipedia.org/wiki/Nashikhttp://en.wikipedia.org/wiki/Ujjainhttp://en.wikipedia.org/wiki/Gangeshttp://en.wikipedia.org/wiki/Triveni_Sangamhttp://en.wikipedia.org/wiki/Yamunahttp://en.wikipedia.org/wiki/Sarasvati_Riverhttp://en.wikipedia.org/wiki/Godavari_Riverhttp://en.wikipedia.org/wiki/Shiprahttp://en.wikipedia.org/wiki/Hindihttp://en.wikipedia.org/wiki/Sanskrithttp://en.wikipedia.org/wiki/Kumbhahttp://en.wikipedia.org/wiki/Kumbh_Mela#cite_note-6http://en.wikipedia.org/wiki/Akharahttp://en.wikipedia.org/wiki/List_of_largest_peaceful_gatherings_in_historyhttp://en.wikipedia.org/wiki/List_of_largest_peaceful_gatherings_in_history


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Bathak , a classical dance form, owes its origin to the state of 9ttar &radesh. 8he dance form is connected toclassical 6industani music where the rhythmic nimbleness of the feet is accompanied bythe 8abla or &akhawa). 8wo schools of this dance form, Lucknow gharana and 5enares gharana , aresituated in 9ttar &radesh.

/)a is *!&&n ban1in* 0 o++ s)o!& ban1in*0 is,a.i- ban1in* 0s)a%o/ ban1in*

green banking is introduced newly,particularly in sbi,u dnt have stand in a %ue or fill forms whiledepositing money in ur own account,directly go to the counter where its mentioned G(77++D; ,give them ur A8! card and money to deposit,the deposit will happen instantly like a cash

deposit A8! machine,its basically paper free banking,)ust see if u have G(77+ +D; in thenearby sbi,thanks.

offshore banking is functional only in sbi, its basically how to send money to somebody's family membersinstantly when some body is staying abroad,already its functional with S C8 code or with +5C2s likemuthhoot's finance callled as western union transfers ,but both are time taking,S C8 takes around three tofour days,western union is not user friendly as it re%uires passwords and somebody has to produce alloriginal documents for getting the money,sbi introduced first time an A8! card what can be charged likean airtel S ! from abroad,his family members can draw money from any A8!,the same kind of card isintroduced newly )ust 1 months back and is functional only between D95A and +D A,sbi has tie up withanother bank in dubai not necessarily of sbi,somebody needs to go to nearby sbi,open an account,a cardwill be given,the same card can be recharged from the bank in dubai by direct cash transfer or onlinetransfer,thanks.

shadow banking is indirect banking,other than commercial banks what ever other financial activities comeunder this,done by +C52s,thanks.

its surprising but true that islams i.e muslims dnt take money from bank as interest as they say its moneywhat has earned money not the person,so they dnt follow the banking principles what stand only oninterest,they follow a different form of banking ie keep the money in bank in a safe mode and some otherforms of similar ideology,money can be given as loan but no interest can be charged for the same,onlyfunctional in pure islamic countries,not yet introduced in india,in india even though muslims go with

banking but actually pure islamic law prohibits the same and is not so stringent in india,thanks.

RuPa( is an ndian domestic card scheme conceived and launched by +ational &ayments 2orporation of ndia +&2 *. ts mission is to fulfill the (eserve 5ank of ndia \s vision of having a domestic, open loop,and multilateral system of payments in ndia . (u&ay works to enable electronic payment at all ndian banksand financial institutions and hopes to provide banks with new opportunities to operate in the card

payments domain of ndia. K"K

8he (u&ay card was launched on !arch /" , by +ational &ayments 2orporation of ndia toconsolidate and integrate various payment systems in ndia. +&2 has entered into a strategic partnershipwith Discover Cinancial Services DCS* for (u&ay 2ard, enabling the acceptance of (u&ay Global 2ardson Discover\s global payment network outside of ndia. K$ K1 K
http://en.wikipedia.org/wiki/Kathakhttp://en.wikipedia.org/wiki/Kathakhttp://en.wikipedia.org/wiki/Tablahttp://en.wikipedia.org/wiki/Pakhawajhttp://en.wikipedia.org/wiki/Pakhawajhttp://en.wikipedia.org/wiki/Lucknow_gharana_(tabla)http://en.wikipedia.org/wiki/Lucknow_gharana_(tabla)http://en.wikipedia.org/wiki/Lucknow_gharana_(tabla)http://en.wikipedia.org/wiki/Benares_gharanahttp://en.wikipedia.org/wiki/Benares_gharanahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/RuPay#cite_note-1http://en.wikipedia.org/wiki/RuPay#cite_note-1http://en.wikipedia.org/wiki/RuPay#cite_note-2http://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Discover_Financial_Serviceshttp://en.wikipedia.org/wiki/RuPay#cite_note-3http://en.wikipedia.org/wiki/RuPay#cite_note-4http://en.wikipedia.org/wiki/RuPay#cite_note-5http://en.wikipedia.org/wiki/Kathakhttp://en.wikipedia.org/wiki/Tablahttp://en.wikipedia.org/wiki/Pakhawajhttp://en.wikipedia.org/wiki/Lucknow_gharana_(tabla)http://en.wikipedia.org/wiki/Benares_gharanahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Reserve_Bank_of_Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/RuPay#cite_note-1http://en.wikipedia.org/wiki/RuPay#cite_note-2http://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Discover_Financial_Serviceshttp://en.wikipedia.org/wiki/RuPay#cite_note-3http://en.wikipedia.org/wiki/RuPay#cite_note-4http://en.wikipedia.org/wiki/RuPay#cite_note-5


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A-- an-&@&%i

(u&ay cards are acceptable at all A8!s across ndia under +ational Cinancial Switch A productof +&2 *, and its agreement with DCS has enabled international usage for its customers. According to thedata published by +ational &ayments 2orporation of ndia , there are around "1 , H/ A8!s and more than0. lakh &oS terminals in ndia under the (u&ay platform. n addition to the A8!s and &oS terminals,(u&ay cards are accepted online across "/,/// e-commerce websites K with the same & + which they usefor A8! transactions. KH K0 K# K"/ K""

RuPa( A-Gui!in* Ban1s@ &%i

(u&ay cards are accepted at all &oS terminals in ndia. 8o enable this, (u&ay has certified 1 ma)or banksin ndia to accept the (u&ay card at their respective &oS terminals located at different merchant locations.K"

RuPa( Issuin* Ban1s@ &%i

8he In%ian Ru#&& sign sign> Ecode>INR * is the currency sign> for the ndian (upee , theofficial currency of ndia . Designed by D. 9daya Bumar , it was presented to the public by the Government of ndia on " @uly /"/, K" following its selection through an _open` competition among ndian residents.5efore its adoption, the most commonly used symbols for the rupee were Rs , R& or, if the te3t was in anndian language, an appropriate abbreviation in that language. 8he new sign relates solely to the ndianrupeeE other countries that use a rupee, such as Sri Lanka ,&akistan and +epal , still use thegeneric 9M /A0 (9&77 S G+ character.

8he design resembles both the Devanagari letter ra* and the Latin capital letter ( , with a doublehori:ontal line at the top.

Bi -oin is a peer-to-peer payment system and digital currency introduced as open source software in //# by pseudonymous developer Satoshi +akamoto . t is a cryptocurrency , so-called because ituses cryptography to control the creation and transfer of money. K 2onventionally, 5itcoin capitali:edrefers to the technology and network whereas lowercase bitcoins refers to the currency itself. K

5itcoins are created by a process called mining, in which participants verify and record payments ine3change for transaction fees and newly minted bitcoins. KH 9sers send and receive bitcoins using wallet software on a personal computer , mobile device , or a web application . 5itcoins can be obtained by mining

or in e3change for products, services, or other currencies.K0

5itcoin has been a sub)ect of scrutiny due to ties with illicit activity. n /"$, the 9S C5 shut downthe Silk (oad online black market and sei:ed "11,/// bitcoins worth 9SZ 0. million at the time. K# 8he9S is considered 5itcoin-friendly compared to other governments, however. K"/ n 2hina , new rules restrict

bitcoin e3change for local currency, K"" and the 7uropean 5anking Authority has warned that 5itcoin lacksconsumer protections, K" 5itcoins can be stolen, and chargebacks are impossible. K"$

2ommercial use of 5itcoin, illicit or otherwise, is currently small compared to its use by speculators , whichhas fueled price volatility. K"1 5itcoin as a form of payment for products and services has seen growth,however, and merchants have an incentive to accept the currency because transaction fees are lower thanthe [$O typically imposed by credit card processors

7 A!un%)a i B)a a-)a!(a S a & Ban1 o+ In%ia
http://en.wikipedia.org/w/index.php?title=RuPay&action=edit&section=2http://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/RuPay#cite_note-6http://en.wikipedia.org/wiki/Personal_identification_numberhttp://en.wikipedia.org/wiki/Automatic_teller_machinehttp://en.wikipedia.org/wiki/Automatic_teller_machinehttp://en.wikipedia.org/wiki/Automatic_teller_machinehttp://en.wikipedia.org/wiki/RuPay#cite_note-7http://en.wikipedia.org/wiki/RuPay#cite_note-8http://en.wikipedia.org/wiki/RuPay#cite_note-9http://en.wikipedia.org/wiki/RuPay#cite_note-10http://en.wikipedia.org/wiki/RuPay#cite_note-11http://en.wikipedia.org/w/index.php?title=RuPay&action=edit&section=3http://en.wikipedia.org/wiki/RuPay#cite_note-12http://en.wikipedia.org/w/index.php?title=RuPay&action=edit&section=4http://en.wikipedia.org/wiki/Indian_Rupeehttp://en.wikipedia.org/wiki/Currency_signhttp://en.wikipedia.org/wiki/ISO_4217http://en.wikipedia.org/wiki/Indian_Rupeehttp://en.wikipedia.org/wiki/Indian_Rupeehttp://en.wikipedia.org/wiki/Currencyhttp://en.wikipedia.org/wiki/Currencyhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Udaya_Kumar_(designer)http://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Indian_rupee_sign#cite_note-Final_symbol-1http://en.wikipedia.org/wiki/Sri_Lankan_rupeehttp://en.wikipedia.org/wiki/Sri_Lankan_rupeehttp://en.wikipedia.org/wiki/Pakistani_rupeehttp://en.wikipedia.org/wiki/Nepalese_rupeehttp://en.wikipedia.org/wiki/Devanagari_scripthttp://en.wikipedia.org/wiki/Devanagari_script#Consonantshttp://en.wikipedia.org/wiki/Latin_alphabethttp://en.wikipedia.org/wiki/Latin_alphabethttp://en.wikipedia.org/wiki/Peer-to-peerhttp://en.wikipedia.org/wiki/Payment_systemhttp://en.wikipedia.org/wiki/Payment_systemhttp://en.wikipedia.org/wiki/Payment_systemhttp://en.wikipedia.org/wiki/Digital_currencyhttp://en.wikipedia.org/wiki/Digital_currencyhttp://en.wikipedia.org/wiki/Open-source_softwarehttp://en.wikipedia.org/wiki/Open-source_softwarehttp://en.wikipedia.org/wiki/Pseudonymhttp://en.wikipedia.org/wiki/Pseudonymhttp://en.wikipedia.org/wiki/Satoshi_Nakamotohttp://en.wikipedia.org/wiki/Cryptocurrencyhttp://en.wikipedia.org/wiki/Cryptocurrencyhttp://en.wikipedia.org/wiki/Cryptographyhttp://en.wikipedia.org/wiki/Cryptographyhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-6http://en.wikipedia.org/wiki/Technologyhttp://en.wikipedia.org/wiki/Technologyhttp://en.wikipedia.org/wiki/Computer_networkhttp://en.wikipedia.org/wiki/Computer_networkhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-7http://en.wikipedia.org/wiki/Bitcoin#cite_note-primer-8http://en.wikipedia.org/wiki/Bitcoin#Softwarehttp://en.wikipedia.org/wiki/Bitcoin#Softwarehttp://en.wikipedia.org/wiki/Personal_computerhttp://en.wikipedia.org/wiki/Mobile_devicehttp://en.wikipedia.org/wiki/Mobile_devicehttp://en.wikipedia.org/wiki/Web_applicationhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-4_main_ways_to_get_Bitcoin-9http://en.wikipedia.org/wiki/FBIhttp://en.wikipedia.org/wiki/FBIhttp://en.wikipedia.org/wiki/FBIhttp://en.wikipedia.org/wiki/Silk_Road_(marketplace)http://en.wikipedia.org/wiki/Black_markethttp://en.wikipedia.org/wiki/Black_markethttp://en.wikipedia.org/wiki/Black_markethttp://en.wikipedia.org/wiki/Bitcoin#cite_note-10http://en.wikipedia.org/wiki/Bitcoin#cite_note-10http://en.wikipedia.org/wiki/Bitcoin#cite_note-capcont-11http://en.wikipedia.org/wiki/Bitcoin#cite_note-capcont-11http://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Bitcoin#cite_note-ccontrols-12http://en.wikipedia.org/wiki/Bitcoin#cite_note-ccontrols-12http://en.wikipedia.org/wiki/European_Banking_Authorityhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-13http://en.wikipedia.org/wiki/Chargebackhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-14http://en.wikipedia.org/wiki/Speculationhttp://en.wikipedia.org/wiki/Speculationhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-winkles-15http://en.wikipedia.org/wiki/Feehttp://en.wikipedia.org/wiki/Credit_cardhttp://en.wikipedia.org/w/index.php?title=RuPay&action=edit&section=2http://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/National_Payments_Corporation_of_Indiahttp://en.wikipedia.org/wiki/RuPay#cite_note-6http://en.wikipedia.org/wiki/Personal_identification_numberhttp://en.wikipedia.org/wiki/Automatic_teller_machinehttp://en.wikipedia.org/wiki/RuPay#cite_note-7http://en.wikipedia.org/wiki/RuPay#cite_note-8http://en.wikipedia.org/wiki/RuPay#cite_note-9http://en.wikipedia.org/wiki/RuPay#cite_note-10http://en.wikipedia.org/wiki/RuPay#cite_note-11http://en.wikipedia.org/w/index.php?title=RuPay&action=edit&section=3http://en.wikipedia.org/wiki/RuPay#cite_note-12http://en.wikipedia.org/w/index.php?title=RuPay&action=edit&section=4http://en.wikipedia.org/wiki/Indian_Rupeehttp://en.wikipedia.org/wiki/Currency_signhttp://en.wikipedia.org/wiki/ISO_4217http://en.wikipedia.org/wiki/Indian_Rupeehttp://en.wikipedia.org/wiki/Currencyhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Udaya_Kumar_(designer)http://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Government_of_Indiahttp://en.wikipedia.org/wiki/Indian_rupee_sign#cite_note-Final_symbol-1http://en.wikipedia.org/wiki/Sri_Lankan_rupeehttp://en.wikipedia.org/wiki/Pakistani_rupeehttp://en.wikipedia.org/wiki/Nepalese_rupeehttp://en.wikipedia.org/wiki/Devanagari_scripthttp://en.wikipedia.org/wiki/Devanagari_script#Consonantshttp://en.wikipedia.org/wiki/Latin_alphabethttp://en.wikipedia.org/wiki/Peer-to-peerhttp://en.wikipedia.org/wiki/Payment_systemhttp://en.wikipedia.org/wiki/Digital_currencyhttp://en.wikipedia.org/wiki/Open-source_softwarehttp://en.wikipedia.org/wiki/Pseudonymhttp://en.wikipedia.org/wiki/Satoshi_Nakamotohttp://en.wikipedia.org/wiki/Cryptocurrencyhttp://en.wikipedia.org/wiki/Cryptographyhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-6http://en.wikipedia.org/wiki/Technologyhttp://en.wikipedia.org/wiki/Computer_networkhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-7http://en.wikipedia.org/wiki/Bitcoin#cite_note-primer-8http://en.wikipedia.org/wiki/Bitcoin#Softwarehttp://en.wikipedia.org/wiki/Bitcoin#Softwarehttp://en.wikipedia.org/wiki/Personal_computerhttp://en.wikipedia.org/wiki/Mobile_devicehttp://en.wikipedia.org/wiki/Web_applicationhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-4_main_ways_to_get_Bitcoin-9http://en.wikipedia.org/wiki/FBIhttp://en.wikipedia.org/wiki/Silk_Road_(marketplace)http://en.wikipedia.org/wiki/Black_markethttp://en.wikipedia.org/wiki/Bitcoin#cite_note-10http://en.wikipedia.org/wiki/Bitcoin#cite_note-capcont-11http://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Bitcoin#cite_note-ccontrols-12http://en.wikipedia.org/wiki/European_Banking_Authorityhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-13http://en.wikipedia.org/wiki/Chargebackhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-14http://en.wikipedia.org/wiki/Speculationhttp://en.wikipedia.org/wiki/Bitcoin#cite_note-winkles-15http://en.wikipedia.org/wiki/Feehttp://en.wikipedia.org/wiki/Credit_card


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Arundhati 5hattacharya )oined S5 as a direct recruit officer in the year "#HH serving in different locationsacross the country.

She has held various assignments that include credit, fore3, treasury and retail operations in a careerspanning over three decades.

Arundhati was also instrumental in setting up several new company initiatives such as S5 General

nsurance, S5 S5 Securities and so on.

8 C)an%a o-))a! ICICI

8he current !anaging Director and 2hief 73ecutive ;fficer of 2 2 ndustrial 2redit and nvestment2orporation of ndia* bank, which is also ndia's largest private bank, 2handa Bochhar has received theockhardt Gold !edal for 73cellence in !anagement Studies.

9nder her able leadership, 2 2 has won awards that include the 5est retail bank in ndia and73cellence in retail banking award , both of which were given by 8he Asian 5anker.

9 S)i1)a S)a!.a A is ban1

Shikha Sharma is the 27; of A3is 5ank which is ndia's third largest private sector bank. She earlierworked in 2 2 bank for a period of # years where she was a candidate for the 27; position which laterwent to 2handa Bochhar.

Since taking charge, Shikha Sharma has doubled the bank's network which has grown rapidly to include", // branches and more than 0,/// A8!s

A!-)ana B)a!*a$a Uni &% Ban1 o+ In%ia

Archana 5hargava holds the post of the 2hairman and !anaging Director of 9nited 5ank of ndia, a publicsector lender.

5hargava started her career with the &un)ab +ational 5ank and has, to her credit, over three decades ofe3perience in the banking industry.

She has worked in various portfolios including credit management, human resources management and

planning and development.

Us)a Anan )asub!a.anian 5s&-on% +!o. !i*) is )& -)ai!#&!son an% .ana*in* %i!&- o! o+B)a!a i(a Ma)i,a Ban10 )& +i!s a,, /o.&n ban14 In a -a!&&! s#annin* o$&! ;7 (&a!s0 s)& )as/o!1&% in $a!ious #osi ions in )& ban1in* an% a,,i&% a!&as4 S)& s a! &% )&! -a!&&! in )&a- ua!ia, %a! .&n /i ) LIC an% ban1in* -a!&&! in F&b!ua!( 7 8 as a s#&-ia,is o++i-&! in)& #,annin* s !&a. o+ Ban1 o+ Ba!o%a4 B&+o!& joinin* BMB0 s)& /as an & &-u i$& %i!&- o!/i ) Punjab Na iona, Ban14

Naina La, i%/ai HSBC

Apart from the position of the country head of 6S52, ndia, +aina Lal Bidwai is also the Group General!anager. She holds the distinction of being the first woman to graduate from the 6arvard 5usiness School.

n // , 8ime !aga:ine listed her as one of their " global influentials.


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K Vija(a,a1s).i I(&! Ban1 o+ In%ia

* is a region in the state of Andhra &radesh. t was once part of 6yderabad State !edak and arangal divisions* which was ruled by the +i:ams . 8elangana is bordered by the statesof !aharashtra to the north and north-west, Barnataka to the west, 2hhattisgarh to the north-east

and ;disha to the east. State of Andhra &radesh had three main cultural regions> 8elangana, 2oastal Andhra and (ayalaseema . 8he 8elangana region has an area of ""1,01/ s%uare kilometres 11,$1/ s% mi*,and a population of $ , 0 ,H H /"" census* which was 1". O of the population of Andhra &radesh. K K$

8elangana comprises "/districts> 6yderabad , Adilabad , Bhammam , Barimnagar , !ahbubnagar , !edak , +algonda , +i:amabad ,(angareddy , and arangal . 8he 5hadrachalam and +uguru


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8he Speaker has asked the committee to e3amine the incidents and report to her. 8he " -membercommittee is headed by senior 2ongress leader & 2 2hacko. 8he panel can recommend punitive measures,including imprisonment and e3pulsion from the 6ouse.8he Speaker had named " people in the wake of the incidents, who automatically stood suspended fromthe 6ouse for five consecutive sittings, Cebruary "$, "H, "0, "# and /.Bumar has also directed the &arliamentary 2ommittee on Security, headed by her deputy Bariya !unda, toconvene an emergency meeting on !onday to review the safety measures which are in place and considerwhat needs being done to tighten security, including frisking of !&s.n a new low in ndia\s parliamentary history, a pepper spray was used in the Lok Sabha resulting in

hospitalisation of three !&s following a ruckus over introduction of the 8elangana 5ill after which "Seemandhra !&s were suspended. 8he Speaker had e3pressed anguish over the incidents saying it has_shamed the country and &arliament` and called it a _blot`. 9nprecedented pandemonium broke out in the6ouse when e3pelled 2ongress member L (a)agopal, an industrialist opposed to the division of Andhra&radesh, brought a canister from which he sprayed pepper. (a)agopal\s action attracted widespreadcondemnation. All political parties have demanded action against unruly !&s. 8he government has alreadysaid it would not oppose whatever decision the Speaker takes in this regard.8he Lok Sabha Secretariat said the decision to refer the matter to the &rivileges 2ommittee has been takenunder (ule H of the (ules of &rocedure and 2onduct of 5usiness in Lok Sabha. 8he function of the panelis to e3amine every %uestion involving breach of privilege or contempt of the 6ouse or of the members ofany 2ommittee thereof referred to it by the 6ouse or by the Speaker.

Co!&( An%&!son b!o1& )& !&-o!% +o! )& +as &s ODI -&n u!( )is )un%!&% -a.& o++ on,( ;%&,i$&!i&s0 on& ,&ss )an /)a S)a)i% A+!i%i oo1 a*ains S!i Lan1a 0 in Nai!obi in 7 4 An%&!son's-&n u!( is )& +as &s in Lis A oo0 &Gua,,in* 3!a)a. Ros&'s ; ba,, -&n u!( +o! So.&!s& in 7 64

L S8 ;C +7 A&&; +8!7+8S

". Sushil Boirala become new &! of +epal. 6e replace Bhil (a) (egmi.

. Satya +adella appointed as 27; of !icrosoft.

$. (.B.8iwari appointed new 2hairman of 25D8.

1. + (amachandran was elected &resident of ndian ;lympic Association ;A*.

. @ustice Ashok Bumar !athur appointed head of Hth 2entral &ay 2ommission

. 6arish (awat appointed 0th 2hief !inister of 9ttrakhand. 6e succeeded


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Service 2ompanies*

"". @.+.2haudhary was appointed as new head of +SG +ational Security Guard*

" . Arvind (an)an was appointed the full time chief of the 2entral ndustrial Security Corce 2 SC*.

"$. Ashok Lavasa, appointed the +ew 2ivil Aviation Secretary. 6e succeeded B.+.Srivastava.

"1. !.


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8he criteria for banks participating in the 2he%ue truncation system are>i. !embership of the clearing house in the +2(.ii. !embership of the ndian Cinancial +etwork +C +78*n respect of banks who are not members of the +C +78, the following alternatives are availablea* 8hey may become the sub-members of the direct members or b* Such banks may use the infrastructure of the other banks having +C +78 membership

All the local che%ues can be presented in the 28S.

8hus the benefits could be summari:ed as>a* Caster clearing cycle

b* 5etter reconciliationFverification processc* 5etter 2ustomer Service 7nhanced 2ustomer indowd* +o Geographical Dependencee* ;perational 7fficiencyf* !inimises 8ransaction 2osts.g* (educes operational risk by securing the transmission route.

6A8 S B+; I;9( 29S8;!7( BI2* +orms

Bnow your customer BI2* is a bank regulation that financial institutions and other regulated companiesmust perform to identify their clients and ascertain relevant information pertinent to doing financial

business with them.

6A8 A(7 ;5@728


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=""> hat is A8! and ;nline 5ankingAns>Automated 8eller !achine. t is an electronic telecommunication device that enables us to performfinancial transactions without the need of a cashier,human clerk or bank teller..;nline 5anking is performing financial transactions on a secured website.. e can do many tasks at homelike viewing account balances,fund transfer,accnt statement,banking transactions,downloading bankstatements etc..=" . hat is 25S in bankingAns>2ore 5anking Solutions.8he &latform where communication 8echnology and nformation 8echnologyr merged to suit core needs of banking like (ecordings ;f 8ransactions,&assbook !aintenance, nterestcalculations on Loans and Deposits,2ustomer (ecords,5alance ;f &ayment and ithdrawal etc .is knownas 25S.5ank customers 2an Access their funds from any of the member branch offices as their branchserver is connected to the central server..

R4 4Ti/a!i was appointed as the new chairman of 2entral 5oard of Direct 8a3es 25D8* on # Cebruary/"1. 8he appointment was approved by the Appointments 2ommittee of the 2abinet A22*. !r. 8iwari isa "#H -batch ndian (evenue Service (S* officer.

N Ra.a-)an%!an was elected &resident of ndian ;lympic Association ;A* on # Cebruary /"1.&resently, he is the chief of orld S%uash Cederation. 6e was elected unopposed for the presidential post.6e will remain in the office till /" .

5A+B +G A A(7+7SS> (5 86 (D =9A(87( !;+78A(I &;L 2I

n the 8hird =uarter !onetary &olicy, the (eserve 5ank of ndia has sprang up a big surprise by hiking upthe key interest rates by /. O to tame inflation. 8his policy clearly communicates that the price stabilityremains the overriding ob)ective of the (5 \s monetary policy and the focus has shifted from & -basedinflation to 2& -based inflation. 8his review is according to the 9ri)it &atel 2ommittee (ecommendations.8he monetary policy review to be followed for the ne3t two months. +e3t monetary policy review of the(5 will be on the "st April /"1.Some key features of 8hird !onetary &olicy> Bey lending rate hiked by /. per cent to 0 per cent 2ash reserve ratio kept unchanged at 1 per cent !arginal Standing Cacility !SC* rate stands at # per cent GD& growth to be less than per cent in the current fiscal Growth to improve to . per cent in /"1-" 2urrent Account Deficit to be below . per cent this fiscal !arch-end inflation could e3ceed 0 per cent (ate hike will set economy securely on disinflationarypath Growth likely to lose momentum in =$ of /"$-"1

Slowdown in economy getting increasingly worrisome nflation is a ta3 that is grossly ine%uitable, falling hardest on the very poor Ciscal and monetary authorities should continue to work for macroeconomic stabili:ation 6enceforth, policy review to take place every two months


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6ighlights of interim rail budget /"1-"

&8 Ceb " , /"1, /"./ &! S8NE? DELHI: Fo,,o/in* a!& )& )i*),i*) s o+ )& In &!i. Rai,/a( Bu%*& 8679 7 #!&s&n &% in )&Lo1 Sab)a b( !ai,/a( .inis &! Ma,,i1a!jun )a!*&:

+o increase in passenger fares and freight charges

"H new premium trains, $0 e3press trains and "/ passenger trains to be launched

&remium A2 trains with dynamic fares on Delhi-!umbai route with shorter advance reservation period

&assenger rail service to Batra and


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5udget

G(; 86

GD& e3pansion in third and fourth %uarters of /"$F"1 estimated at . percent. Growth for the wholeyear e3pected at 1.# percent.

C S2AL D7C 2 8

Ciscal deficit seen at 1. percent of GD& in /"$F"1, below target of 1.0 percent.

Ciscal deficit pro)ected at 1." percent of GD& in /"1F"

Says need to bring down the deficit to $ percent of GD& by /" F"H

29((7+8 A22;9+8 D7C 2 8

2urrent account deficit for /"$F"1 estimated at Z1 billion from last fiscal year's Z00 billion.

Core3 reserves to rise by Z" billion by end of /"$F"1

5;((; +GFD758 S7(< 2 +G

Gross market borrowing for /"1F" seen at .#H trillion rupees, net market borrowing at 1. H trillionrupees.

Government plans to buy backFswitch bonds of // billion rupees in /"1F" .

ays and !eans advances for /"1F" estimated at "// billion rupees

Debt repayment in /"1F" seen at ".$#H trillion rupees

nterest payments seen rising to 1. H trillion rupees in /"1F" from a revised estimate of $.0 trillionrupees for the current fiscal year.

&(


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8otal spending on food, fertilisers and fuel at . trillion rupees in /"1F"

Cood subsidy estimated at "." trillion rupees, fertiliser subsidy at H#.H" billion rupees. &etroleumsubsidy seen at $1. H billion rupees versus revised figure of 0 1.0 billion rupees for /"$F"1.

D7C7+27

Spending raised to . 1 trillion rupees in /"1F" , up "/ percent year on year.

7?&;(8S

!erchandise e3ports seen at Z$ billion in /"$F"1, up .$ percent year on year.

Agriculture e3ports e3pected to touch Z1 billion in /"$F"1, up from Z1" billion in /" F"$

8A? &(;&;SALS

+o ma)or change in ta3 rates

Cactory gate ta3 to be reduced to "/ percent from " percent on some capital goods, consumer durables

2ut e3cise duty on small cars, two wheelers, commercial vehicles to 0 percent from " percent

(ecommends e3cise duty reductions on larger vehicles

(estructure of factory gate ta3 for mobile handsets

5A+BS (7S8(9289( +G

Govt to provide "" billion rupees capital infusion in state run banks in /"1F"

&ropose to set up public debt management office to start work from /"1F"

C +A+27 ! + S87( 2;!!7+8S

(esurgence in e3ports, global economic revival and moderation in inflation point to better outlook forndian economy in /"1F" .

can confidently assert that the economy is more stable today than what it was two years ago. 8he fiscaldeficit is declining, the current account deficit has been constrained, inflation has moderated, the %uarterlygrowth rate is on the rise, the e3change rate is stable, e3ports have increased and hundreds of pro)ects have

been unblocked.

ndia's economy now the ""th largest in the world, he said.

A Distinguished Political Leader

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Transcript of A Distinguished Political Leader