-The Times of India The building of school infrastructure as per norms set by the Right to Free and Compulsory Education (RTE) Act, is moving at a rather slow pace in the neighbouring Satara district. This, despite the substantial financial allocations made through the central government's Sarva Shiksha Abhiyaan (SSA) programme. An independent assessment of 146 schools across Satara district, carried out by the New Delhi-based Centre for Policy Research (CPR), has...

-PTI   Mamata had said that co-operative banks would not be allowed to attach properties of farmers for loan recovery in cases of default Refinance institution Nabard today said it would oppose any amendment to West Bengal Cooperative Societies Act of, 2006 as suggested recently by state Chief Minister Mamata Banerjee. "If the West Bengal government goes ahead with amending the Act without informing Nabard, then we will oppose it," National Bank for Agriculture...

When the fledgling Indian government drafted its higher education policy after Independence, it formed two separate tiers for teaching and research: colleges and universities in one, exclusive research establishments in the other. The intention was of the noblest, to deploy our best talent exclusively to create an indigenous knowledge pool; in particular, to provide research input for the nation’s development. Sixty years down the line, the outcome has patently failed those...

-The Business Standard   The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and rural development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...

Source: PTI/IANS The World Bank has announced $4.3 billion in financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. The arrangement, while facilitating a $4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's -- which is its lending arm -- net exposure within the limit of $17.5 billion established by it. In a statement, the World...