Recent Posts

Benami Transactions Bill

Is this the brain child of Modi government? The answer is NO. Benami Transactions (Prohibition) Act was enacted in 1988. Actually, it was in 1973 that the Law Commission of India recommended to formulate an Act to curb Benami Transactions! So, it took 15 years for the government to make …

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All about MUDRA Bank

MUDRA Bank stands for Micro Units Development Refinance Agency (MUDRA). When so many banks are around, where is the need to set up one more bank? I think the problem is not about the banks, the problem is about the lengthy and cumbersome procedure of lending by the banks. Agree? …

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