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Cong accuses Mulayam of not implementing central schemes

Lucknow, May 22 (UNI) The Congress today accused the Mulayam Singh Yadav government of not implementing centrally-sponsored schemes to further its vested interests.

To coincide with the second anniversary of the UPA government at the Centre, the state unit of the party today organised demonstrations at 22 districts of the state, where National Rural Employment Guarantee Scheme was implemented with the rest of the country.

AICC general secretary in charge of Uttar Pradesh affairs Ashok Gehlot charged the Samajwadi Party-led government with not implementing the scheme to further its political interests.

''The state government thinks if the popular scheme is implemented, it would project the Congress-led UPA in good light,''he said.

He led a demonstration in Hardoi, while state Congress president Salman Khurshid led a similar demonstration in Barabanki.

The Congress leaders alleged that by not implementing the scheme, the Uttar Pradesh government was working against the interest of common man.

The party leaders also pledged to bring forth various people- oriented schemes introduced by the Centre in the state.

''The non-implementation of the schemes was a direct attack on the dermocratic system of the country,'' Mr Khurshid added.

UNI NAB VS AK BST1952

Rajiv Gandhi Chandigarh Technology Park gets SEZ status

Chandigarh, May 22 (UNI) The Government of India has approved the status of Special Economic Zone (SEZ) to Rajiv Gandhi Chandigarh Technology Park.A press release issued here today stated that the Union Ministry of Commerce and Industry has issued a notification in this regard.It stated that the sector specific Special Economic Zone IT Park for Electronics and Hardware, Information Technology and it Enabled Services at village Kishangarh has been approved as a SEZ. Now the companies investing in.....

RBI offers liquidity assistance to settlement banks

Mumbai, May 22 (UNI) The Reserve Bank of India(RBI) today offered liquidity assistance and assured availability of liquidity for settlement banks in the light of the 1100-point slide in the stock market's benchmark index. ''In light of the developments in the stock exchanges, the RBI has been in touch with major settlement banks and both the major stock exchanges to ensure that the payment obligations on the exchanges are met smoothly,'' an RBI release said......

Call rates at 5.50-5.60 pc, bond prices close flat

Mumbai, May 22 (UNI) The call money rate closed flat in the range of 5.50 to 5.60 per cent as comfortable liquidity situation prevailed in the money market. In the call money market operations on May 20, the Reserve Bank of India had borrowing and lendings worth Rs 561.37 crore each on the weighted average rate of 5.55 per cent. In the reverse repo auctions, the central bank absorbed Rs 65,370 crore through the daily auctions......
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