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NABARD now offers loans to corporate sector-Nagesh Prabhu

-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...

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Global hunger down, but millions still chronically hungry

-FAO 842 million people undernourished in 2011-13 - Developing countries make progress but more efforts needed to reach MDG target Rome - Some 842 million people, or roughly one in eight, suffered from chronic hunger in 2011-13, not getting enough food to lead active and healthy lives according to a report released by the UN food agencies. The number is down from 868 million reported for the 2010-12 period, according to the State...

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Address Key Issues to Implement New Food Law: Thomas

-Outlook New Delhi: Food Minister K V Thomas today asked state governments to address three critical issues - identification of beneficiaries, creation of storage capacity and door-step delivery of foodgrains via PDS - for the successful implementation of the food security law. Addressing the state food ministers meet here, he called for greater coordination and cooperation between the centre and state governments to implement the law in 'true spirit'. The day-long meeting is...

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Planning Commission finalises PPP tribunal bill draft -Yogima Seth Sharma

-The Economic Times NEW DELHI: Four months after the proposal was first mooted, the Planning Commission has finalised the draft of a bill that seeks to set up a tribunal to resolve disputes arising in public-private partnership (PPP) projects. The commission presented the draft of the dispute resolution bill to the Prime Minister's Office last week, a senior official at the commission told ET. "We have sent the final draft to the PM...

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Pulling manufacturing out of the rut-Arun Maira

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

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