The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...
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HRD Ministry proposes to extend RTE till Class 10
-Express News Service In its bid to push for the inclusion of secondary education till Class 10 under the Right To Education (RTE) Act, the HRD Ministry in its proposal to be placed before the Central Advisory Board of Education (CABE) meeting next week, has cited examples from around 85 countries ranging from the US to Djibouti and Palestine that have extended the years of compulsory education. It also talks about...
More »New land Bill allows states to script own role by Saubhadra Chatterji
Proposes that the percentage of land to be acquired by state agencies should be decided by their governments. The modified Land Acquisition (Amendment) Bill is likely to suggest giving state governments the power to determine their roles in acquiring land for industry. Also, in a positive for farmers, the Bill proposes that if the land remains unused for five years, it should be automatically returned to them. If sold to a third...
More »A billion dollar credit from World Bank to clean up the Ganga
The World Bank has approved $1 billion as credit and loan to support India's efforts to clean up the Ganga river. The sprawling river basin accounts for a fourth of the country's water resources and is home to more than 400 million people. The $1.556 billion National Ganga River Basin Project with $1 billion in financing from the World Bank group, including $199 million interest-free credit and $801 million low-interest loan, was...
More »What the UID project will not do by Vishv Bandhu Gupta
The concept of “a ubiquitous magic plastic” that bring out the unique in a living person has caught the fascination of most of us. An unpopular government sees in it the ability of cutting a long red tape short to correctly identify the genuine citizens in need. The agonised cops of India see in it a great ally to apprehend the much-wanted terrorists, whose biometric data could now be verified...
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