MUMBAI: A bill to make a major amendment in the state co-operative laws will not be passed in the budget session. On Wednesday, the assembly sent the bill to a joint select panel.
http://timesofindia.indiatimes.com/city/mumbai/Co-op-bill-will-have-to-wait/articleshow/19606734.cms
When a banker comes to your home, exploits your trust and dupes you, he is called a bankster. Why doesn’t such systematic criminal exploitation of hapless depositors move the government and the banking regulator? This 79-year old has resorted to Gandhigiri to get justice
In the past couple of days 79-year old Mangelal Sharma goes to his bank (IndusInd Bank, Preet Vihar Branch, New Delhi) wearing a specially made T-shirt. It carries his photograph and says “BEWARE IndusInd Bank is a cheat. It has cheated me and may cheat you”. He says there was a lot of commotion when he first walked in and some said that they too had been cheated by the bank. On Saturday he wore the T-shirt and danced at the branch singing “Kya mil gaya sirkar toomhen meri FD (fixed deposit) toodake, mujhe mutual fund mein fansa ke, mujhe choona lagakey”. This parody of this song from the film Kissa Kursi Ka has Mr Sharma asking the bank what it achieved by entrapping him to invest in a mutual fund.
The story behind this protest will make you furious. It is about how banks have turned into banksters and send out armies of managers to entrap, con and lure trusting account holders to invest their saving in instruments that earn them a high return.
Click Here for this scary story of scamster banks cheating senior citizens
Education is expensive and Higher education is all the more expensive especially foreign education. Hence the need for education loan, which is a financial aid given to meritorious but needy students for meeting the expenses of their higher education in India or abroad. In this article we shall explain education loan, what it is, process of getting education loan, repayment, tax benefits under section 80E.
Here is a good article which answers the following questions :
More than 90 countries around the world have laws guaranteeing the right to information. But getting an information law on the books is only the beginning. Making sure that public information actually reaches ordinary citizens is a challenge of its own.
In the first three years after India passed its 2005 Right to Information Act, there were over two million requests. Even with a network of information commissioners in place to facilitate applications, the system was facing crushing backlogs. Shailesh Gandhi, a Central Information Commissioner in New Delhi, set out to create a new approach to keep cases moving.
Learn more about Open Society’s work on freedom of information at http://www.opensocietyfoundations.org
Benefits of having a senior citizen’s card:
Click Here for details and procedure
Hello Friends,
Today we reach a small milestone – we have more than 100 online subscribers to www.ConsumerResources.in Moreover, on an average, we get more than 750 hits per day, and growing. Thank you so much for your continuous support and encouragement.
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Best Wishes for the new financial year
Yazdi Tantra
We had a special talk by Sujata Kabraji, a well-known financial advisor to start our programme. Ms Kabraji spoke about the “10 Financial Mistakes that Women Make and How to Avoid Them!” With her fun slides and honest advice, she managed to make a dull subject very interesting – Click below to watch ……………………….. Courtesy : Moneylife Foundation
The myth: Ingredients lists on food products are designed to inform consumers about what’s contained in the product.
The reality: Ingredients lists are used by food manufacturers to deceive consumers and trick them into thinking products are healthier (or better quality) than they really are. This article explores the most common deceptions used by food manufacturers to trick consumers with food ingredients lists. It also contains useful tips for helping consumers read such labels with the proper skepticism.
Some of the most common tricks :
Click Here to Learn more about Tricks of the Food Trade and Tips for reading Food Labels
Redressal of consumer complaints can entail approaching the insurance ombudsman, the consumer courts and even taking help of social media, RTI and police complaints. There are options available today to build pressure on errant service or goods providers so that they do the needful
A letter from Mohan Siroya, chairperson of the Consumer Complaints Cell, gives three examples of consumer power success using the help of the insurance ombudsman, Right to Information (RTI), social media activism and police complaints. Today, justice will be served if you are persistent in your efforts to pursue the errant service or goods provider. A consumer court may not be able to help in the absence of the postal address, but alternate means exists.
Click Here for more………
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