New Delhi Mar 31 PTI As many as 1783 flights are being operated by foreign airlines every week from India beginning March 27 while 1465 flights are being run by domestic airlines Civil Aviation Minister Jyotiraditya Scindia said in Lok Sabha on ThursdayHe also said that two new airlines -- the new avatar of Jet Airways and Akasa Air-- will take to the skies this yearOn March 27 we have opened all international sector capacity Foreign airlines will fly 1783 flights per week and domestic airlines will fly 1465 flights per week he said during the Question HourThe minister said after 20 years two new airlines will take to the skies and they will initially start short haul operations which will be expanded graduallyThis is a historic time for civil aviation in India he saidScindia said through the Udan scheme Prime Minister Narendra Modi has been facilitating the common mans travel by air and so far 11 new airlines have come into existence in the country of which three were startupsReplying to another question the minister said since the airlines were deregulated they were free to take their own decision on which route they would like to fly as per their own economic viability PTI ACB DV DV

New Delhi Mar 28 PTI Union Finance Minister Nirmala Sitharaman on Monday attacked the previous UPA regime for its alleged failure to recover money from those who turned their loan accounts into non performing assets and said under the Modi government banks for the first time got back money from defaulters Sitharaman also said in the Lok Sabha that actions have been taken including registration of FIRs against those who have cheated small savings depositors through various fraudulent activitiesShe said the Reserve Bank of India is also monitoring activities of App based financial companiesResponding to questions by DMKs T R Baalu about the governments action against loan defaulters and NPAs the minister said writing off loans does not mean complete waive off and the banks are following every loan to recover the outstanding amountOver Rs 10000 crore I am saying over as I dont want to disclose the actual figure have been recovered by PSU banks from loan defaulters after taking over their assetsFor the first time in the country under the Modi government the banks got back money from many NPAs While during the UPA government no money was recovered from the NPAs she saidSitharamans remarks invited sharp reaction and protests from Congress leader in Lok Sabha Adhir Ranjan ChowdhuryThe finance minister said the opposition party must listen to the bitter truth and alleged that the loans were given during the previous UPA regime due to political considerationsEarlier the minister said the Financial Resolution and Deposit Insurance Bill 2017 FRDI Bill was introduced in the Lok Sabha in August 2017 and thereafter was referred to the Joint Committee of Parliament for examination and report thereon The main objective of the FRDI Bill was to create a specialised resolution mechanism for select financial sector entitiesThe government had withdrawn the FRDI Bill in August 2018 for further comprehensive examination and reconsideration of the subjectThe government has not taken a decision to bring a new law to provide for a legal framework for resolution of financial firms she saidSitharaman said with a view to provide a greater measure of protection to depositors in banks the Deposit Insurance and Credit Guarantee Corporation DICGC has raised the limit of insurance cover for depositors in insured banks from the level of Rs 1 lakh to Rs 5 lakh per depositor with effect from February 4 2020 with the approval of the central governmentThe minister said the government has already notified the Insolvency and Bankruptcy Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority Rules 2019 on November 15 2019 to provide a generic framework for insolvency and liquidation proceedings of systemically important Financial Service Providers FSPs other than banksSubsequently she said the government has also notified on November 18 2019 that the insolvency resolution and liquidation proceedings of the Non-Banking Finance Companies including housing finance companies with asset size of Rs 500 crore or more shall be undertaken in accordance with the provisions of the Insolvency and Bankruptcy Code 2016 IBC 2016Accordingly the framework to deal with the select Non-Banking Finance Companies is already in place under IBC 2016 she said PTI ACB DV DV

New Delhi Feb 18 PTI The central government is reviewing the security of former Aam Aadmi Party AAP leader Kumar Vishwas and may give him protection through a central agency official sources said on FridayThe move came in the wake of Vishwas allegations against AAP convenor and Delhi Chief Minister Arvind KejriwalThe government is reviewing the security of Kumar Vishwas and may give him protection depending on his threat perception after a through review and based on intelligence inputs the sources saidSecurity to Vishwas is likely to be given through a central security agency after the reviewVishwas had accused Kejriwal of supporting separatists during the high-voltage campaign for the assembly elections in Punjab Polling for the Punjab Assembly will be held on February 20 PTI ACB DV DV

New Delhi Sep 17 PTI UnionHome Minister Amit Shah on Friday greeted Prime Minister Narendra Modi on his birthday and said he not only gave the country the idea to think ahead of time and fulfil its resolve with hardwork but also made it a realityIn Modi he said the country has got a strong and decisive leader who gave a dignified life to those who were deprived of their rights for decadesTheprime minister turned 71 on FridayModi ji not only gave the country the idea of thinking ahead of time and fulfil its resolve with hardwork but also made it a reality Shah said in a series of tweets in HindiThe home minister said Modi brought those who were deprived of their rights in the mainstream of development The prime minister has shown the world what people-loving leadership is like he saidShah saidModi has presented a unique example of parallel coordination of security welfare of poor development and historical reformsThe determination and dedication of the prime minister has created a new energy and confidence in the countrymen due to which the country is moving towards self-reliance by setting new records he saidThe home minister said every moment of the life of Modi is dedicated to the service of the poor farmers and the underprivilegedShah also appealed to all BJP workers to participate in the service of the nation on Modis birthday and also take the welfare schemes of the BJP government to the peopleA very happy birthday to the most beloved leader of the country Prime Minister narendramodi ji I pray to God for your good health and long life he said PTI ACB DV DV