Banking Expanded To The Ultimate Level

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Banking expanded to the ultimate level

Author: VIJAYA KRUSHNA VARMA
language: en
Publisher: VIJAYA KRUSHNA VARMA
Release Date: 2009-02-10
Banking structure is redesigned to make India a fully digital nation and to usher in 100% e-governance. Banking is expanded to the ultimate level so that many State and Central Government departments can be integrated in the banking system to cut the present government size and non plan expenditure to 1/3 level. Purpose of this new banking structure --------- *To establish a bank branch at every village or colony having population of 2500. Each bank will handle approximately 2000 accounts *To make the banking as intermediary between the Government and people *To give every citizen above age of 15 years a bank savings account. *To integrate the Government and governance in the banking system vertically and horizontally *To know up to date bank profits at any time and to avoid nonperforming assets
Financial Regulation and Monetary Arrangements after 1992

Presented in this volume are analytical papers by leading academics on the consequences of regulatory reform in the 1992-process on financial markets and institutions, as well as on macro-economic adjustment and the scope of monetary and fiscal policy after 1992. Also included are policy-oriented papers by economists in academic and policy-making authorities which discuss potential policy conflicts within the EC and between the EC, EFTA, the US, Japan and Eastern Europe as a result of financial liberalization and monetary integration following 1992.The volume focuses on developments in financial markets as crucial for financial and industrial restructuring, as well as for prospects for a monetary union. Analytical papers form the basis for broader policy oriented discussion of potential policy conflicts among industrialized countries, as well as of prospects for currency reform in the Eastern block.
Single phase general elections

Author: VIJAYA KRUSHNA VARMA
language: en
Publisher: VIJAYA KRUSHNA VARMA
Release Date: 2009-02-10
The expanded banking system will help the Election Commission conduct free and fair polling for General elections on single day and in single phase. All elections from panchayats to Parliament can be conducted with the help of expanded banking system with minimum cost and without rigging and impersonate voting.