LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Wednesday, 27 August 2014

27 AUGUST 2014: BJP heavyweight Vajubhai Vala new governor of Karnataka

Ø  The Employees’ Provident Fund Organisation announced a rate of interest of 8.75 per cent for 2014-15 on provident fund deposits of its over five crore subscribers in the country. The decision to retain the rate at 8.75 per cent was taken at a meeting of the Central Board of Trustees.
Vajubhai Vala

Ø  President Pranab Mukherjee appointed Kalyan Singh, Vajubhai Rudabhai Vala, Ch. Vidyasagar Rao and Mridula Sinha Governors of Rajasthan, Karnataka, Maharashtra and Goa, respectively. Kerala Governor Sheila Dikshit, meanwhile, joined the list of Governors appointed by the previous United Progressive Alliance government to resign. 

Ø  Union Finance Minister Arun Jaitley has expressed hope that Parliament will pass the Insurance Bill for raising the foreign direct investment (FDI) limit to 49 per cent by the end of this year, the first major economic reform proposed by the Narendra Modi Government.

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