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Nabard allocates 5,320 cr for development activities

-The Times of India THIRUVANANTHAPURAM: The National Bankfor Agriculture and Rural Development (NABARD) has unveiled an ambitious Rs 5,320 crore plan for various development activities in the state this year. The bank has allocated Rs 2,075 crore for short-term agriculture activities which can go up to Rs 2,600 crore depending on the successful operations of the co-operative banks in the state. "For long -term investment in rural sector, NABARD has committed to provide...

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Asia's increasing rich-poor divide undermining growth, stability - ADB report

-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...

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Govt mulls new norms, tax sops to revive SEZ boom-Siddharth

NEW DELHI: It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications. The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for...

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Putative farmer-friendly policy killing rural prosperity, hurting farmers-TK Arun

Rural India has been denied access to globalisation, penalising farmers and farm labour. For the farmer, the government's policy is best described as Dhritarashtra's embrace. After the Mahabharata war was over, the old king met his nephews, the victorious Pandavas, and embraced them, one by one, in a gesture of forgiving and affection. When, Bhima's turn came, the loving embrace was so tight that it crushed a metal dummy of the second...

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The Right to Learn

-Economic and Political Weekly Two years after the Right to Education Act, the government needs to focus on quality. Two years is perhaps too short a period in which to assess how effective the groundbreaking Right of Children to Free and Compulsory Education Act 2009 (RTE), which came into effect on 1 April 2010, has been in raising standards of education in a country as diverse as India. The very fact that...

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