-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
More »SEARCH RESULT
Total Matching Records found : 9984
Despite Maken’s plea, 43 houses pulled down in Mumbai slum
-The Hindu Mumbai: Despite Union Minister of Housing & Urban Poverty Alleviation Ajay Maken's plea to the Maharashtra Chief Minister Prithviraj Chavan for stopping the demolition of the houses of slum-dwellers, 43 houses were pulled down at the Golibar slum here on Wednesday, under the supervision of the Collector's office. The activists of the National Alliance of People's Movement (NAPM) have alleged that Shivalik Ventures, which develops the prime property of...
More »Special drive for registration of cycle-rickshaws in Delhi -Mohammad Ali
-The Hindu High Court has been hearing a petition by non-government organisation After years of harassment from the police and municipal authorities, there is finally some good news for the rickshaw pullers and owners. In compliance with the directions of the Delhi High Court, the East Delhi Municipal Corporation (EDMC) on Wednesday announced a special drive for registration of cycle-rickshaws and rickshaw pullers through their Citizen Service Bureaus (CSB). Likewise, the North...
More »Cash transfer put off by at least 3 months -Subodh Ghildiyal & Mahendra Singh
-The Times of India The expansion of UPA's flagship intervention - direct benefits transfer (DBT) - is likely to be pushed back by three months, shrinking the window for fullscale implementation of the scheme that Congress sees as its trump card for the 2014 polls. The scheme to ensure delivery of cash subsidies and entitlements to bank accounts of beneficiaries was launched in January 2013. However, for the scheme to live up...
More »World Bank chief Jim Yong Kim calls for ending extreme poverty by 2030
-Reuters WASHINGTON: World Bank President Jim Yong Kim called for a commitment by the international community on Tuesday to end extreme poverty by 2030 and to improve the lives of the most vulnerable people living in developing countries. To reach that goal, Kim said the world need to reduce the number of people living below the poverty line of $1.25 per day to 3 percent globally by 2030, and raise the per...
More »
