-The Times of India NEW DELHI: The Enforcement Directorate has given a clean chit to Wal-Mart, the world's largest supermarket chain, in a case related to alleged violation of Foreign Exchange Management Act (Fema), a move that may pave the way for the US retailer to pursue its India investment plans more aggressively. Earlier this week, ED wrote to the RBI, saying a case of violation could not be made out as...
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Policymakers fret as condom use drops 40% in 5 years -Himanshi Dhawan
-The Times of India NEW DELHI: In a worrying trend, condom use in India has dropped by 38% in six years - from 2.6 crore in 2006-07 to 1.6 crore in 2010-11. Health ministry data shows that 21 of the 28 states, including Delhi, Haryana and Uttar Pradesh, have registered a decline in the use of this contraceptive, setting off alarms among policymakers. Health experts said with India's population is tipped to...
More »Unpacking the Bihar story -Rajesh Chakrabarti
-The Indian Express Bihar Chief Minister Nitish Kumar has more than one reason to cheer the Raghuram Rajan committee report's ranking of states on composite development. Apart from being put close to the bottom of the ladder in the new index of underdevelopment, Bihar also scores near the top in "performance", that is, the reduction of underdevelopment - a most sensible parameter introduced in the report - far ahead of Narendra...
More »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...
More »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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