Cabinet on Tuesday decided to convene Monsoon Session of the Assembly starting from August 21. The session would continue till August 28, informed Cabinet Secretary NN Pandey after the Cabinet meeting.
The Cabinet also approved the guideline to regulate chit fund firms to safeguard interest of the depositors. Fraudulent transaction would attract 10 year imprisonment and Rs 1 lakh fine on the promoters. In case money is involved in such cheating cases, the firm would be liable for fine double the amount in question so that the depositors are compensated.
`58.33 crore would be given to Jharkhand Project Education Council as grant for KGBV girls. Out of this `4.872 crore would be spent on purchasing 8120 computer tablets for girls at the rate of `6000 apiece. Rest fund would be used for strengthening the schools, providing electricity, gym, erecting boundary walls, security and other equipment.