Karnataka is expected to be one of the first beneficiaries of a major subsidised housing programme ‘Rajiv Awas Yojana' for the benefit of the urban poor to be taken up by the Union Government. Bangalore with 577 slums and with a population of nearly 10 lakh living there will stand to be the biggest beneficiary. To begin with, people residing in a total of 3.05 lakh dingy structures or thatched huts in...

The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

A temple dedicated to 'Goddess English' coming up in nondescript Banka village of Lakhimpur Kheri district is facing trouble with the builders of the structure alleging that the police has asked them to stop its construction. "Local police led by Uchauliya police station in-charge today asked our workers to stop construction work by citing a Supreme court ruling that no place of worship can be installed without prior permission of the...

On the approval and direction of Union Agriculture Ministry to contain stress sale by farmers, the Rajasthan Government will start procurement of fresh bajra produce at Minimum Support Price (MSP) of Rs 880 per quintal in 16 out of 33 districts from November one. Rajfed would buy bajra at 44 procurement centres, while Food Corporation of India at 25 centres, the Food and Civil Supply Minister Babulal Nagar told in a...

While the Sonia Gandhi-led National Advisory Council's proposal on enhanced food security hinges on higher procurement and increased reliance on the public distribution system, there is a strong view in the government that overworking a creaking system is a bad idea. In a paper circulated within the government, chief economic adviser to the finance ministry Kaushik Basu has argued that what is needed for food security to work is a reduced...