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$ for dollar, ¥ for yen…GOVERNMENT INVITES SYMBOL FOR THE RUPEE January 27, 2010

Filed under: National — rimhyd @ 6:18 pm

The long wait to get new symbol of the rupee is likely to end by March 2010. A committee headed by Reserve Bank of India (RBI) Deputy Governor Usha Thorat has shortlisted five symbols from 4,000 entries for a public competition to select a design for the symbol, reports Rediff.

The committee is expected to announce the winner in January, but all the process are likely to get over by March. “RBI has given its recommendations, but it will need the approval of the finance minister as well as the Cabinet. This may take two-three months,” said Throat. (more…)



Filed under: National — rimhyd @ 2:15 pm

Welfare of Minorities, specially of the underprivileged section of them, has been put high on the agenda of the UPA Government ever since it adopted ‘inclusive growth’ as its guiding principle of governance. Otherwise too, in every meaningful democracy, it’s the duty of the state, and as a corollary, responsibility of the majority community to ensure the welfare of minorities so that all sections of the society feel proud to be part of the democratic setup and thus contribute their best to the development of the nation. Specially in our historical context: where all communities and sections of people had marched shoulder to shoulder and laid down their lives in the War of Independence, the concept of ‘Inclusive Growth’ becomes sine qua non for the roadmap of development and progress. It was in this context that the Prime Minister, Dr. Manmohan Singh, had appointed in March 2005 a High Level Committee under the Chairmanship of Justice Rajindar Sachar to prepare a report on social, economic and educational status of the Muslim Community of India. This study was necessary because till then there was no authentic information on the social, economic and educational backwardness of this community, thereby hampering proper formulation and implementation of specific policies, interventions and programmes to address the issues relating to its socio-economic backwardness. This 7-member High Level Committee, popularly known as Sachar Committee, gave its report in November 2006 – and it clearly found that the Muslim community was really “seriously lagging behind in terms of most of the human development indicators.” (more…)