Aviation companies owed Rs 40,621 crore to banks as on June 2012, of which the outstanding loan by country’s largest lender, State Bank of India, is over Rs 5,000 crore, the Finance Minister, P Chidambaram, said in a written reply to the Lok Sabha on Wednesday.
The banks have disbursed Rs 47,056 crore to airline companies from 2009-10 to June 30, 2012.
TAX EVASION: The Government detected alleged Central excise and service tax evasions of about Rs 5,995 crore during 2011-12.
Flight School
A total of 450 cases of service tax evasion involving Rs 5,012.90 crore and 350 cases of Central excise evasion involving Rs 982.80 crore were registered in the last fiscal, the Minister of State for Finance, S. S Palanimanickam, told Lok Sabha in a written reply.
Aviation Colleges
TAJ HOTEL AUCTION: The Delhi Development Authority has informed that no decision has been taken regarding the auction of Taj Mahal hotel, the Minister of State in the Urban Development Ministry, Saugata Roy, told Rajya Sabha.
NGO ACCOUNTS: The Government has frozen accounts of 32 NGOs and banned 72 other voluntary organisations from receiving foreign contributions for alleged irregularities.
Fat Chance: Diet Coke Fights Obesity?
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Overweight 6-Year-Old Vows To Change Lifestyle After Second Heart Attack
HOUSTON—Describing his second heart failure in the span of two years as “a real wake up call,” obese 6-year-old Nicholas Bleyer announced Tuesday that he was finally trying to turn his life around.
Obesity rates rise in county schools
By the time students in Forsyth County reach high school, more than 40 percent of them are overweight or obese, according to a BMI study released by Winston-Salem/Forsyth County Schools.
