The National Bank for Agriculture & Rural Development, or Nabard, has started lending directly to infrastructure projects out of its own resources for the first time in 30 years, in an attempt to diversify its activities and make itself relevant at a time when the dynamics of the rural market are changing.  Essentially a refinance bank till recently, Nabard has created a Rs 1,000-crore special window for lending to build core...

-The Telegraph   The National Skill Development Corporation today said youths of the region need to be given the opportunity to develop skills for employment to stop migration in search of jobs. At a conclave on skill development in the Northeast here today, the corporation pointed out that between 2011 and 2021 over 14 million people would be potentially available for migration. The region will generate employment for 2.6 million persons while the supply...

The human resource development ministry today agreed to some key demands of the Bar Council of India, defusing the war over regulating legal education, though it didn’t concede the turf entirely. “The ministry has agreed to accept the BCI’s demand that it should regulate all aspects of the profession of law, including its foundation through legal education,” council chairman Ashok Parija told The Telegraph after a meeting with HRD minister Kapil...

-The Telegraph   Jhargaon holds out hope that success is possible, even in Jharkhand. Two years after it was chosen as a model, over 1,000 residents of this nondescript hamlet of Gumla, 110km from the state capital, want to junk their BPL cards. For, self respect does not allow them to be claimants of government dole. If self-sufficiency is their goal, the people of Jhargaon, in Toto panchayat of Gumla Sadar block, 10km...

-PTI The wives of ministers in the Nitish Kumar-led government in Bihar are richer than their husbands, details of movable and immovable assets declared by the ministers for the year ended December 31, 2011 have revealed. The property details of the ministers and their family members were posted on the Bihar government website before the Assembly election.   The ministers, whose spouses have earned more movable assets, are: Deputy Chief Minister Sushil Kumar Modi,...