-The Economic Times In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda. Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...
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Sustaining farm growth is possible; Investment, price assurance to yield results by Ramesh Chand
India has been striving to achieve 4% growth rate in farm output since the beginning of Ninth Five-Year Plan. However, actual growth rate has remained invariably lower than the targeted growth rate. Further, agriculture witnessed a sharp slowdown during mid-1990s to the middle of the first decade of 21st century. Annual growth rate in farm GDP declined to 2.4% a year during 1995-96 to 2004-05 from more than 3% in the...
More »Mobiles can affect pacemakers: DoT by Kounteya Sinha
People with medical implants like pacemakers must not keep their cellphones on their shirt pockets. The latest directive by the department of telecommunication (DoT) says that "people having active medical implants should preferably keep the cellphone at least 15cm away from the implant." An office memorandum, circulated by the ministry of communications and IT on January 25, says manufacturer's mobile handset booklets will have to contain the safety precaution. MoS for communications and...
More »Agri Min pitches for crop loan at 3% in Budget
-PTI In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate. The 2012-13 Budget...
More »Government's treasure trove: Gifts netas got, and what they took home by Hemali Chhapia
In the expansive corridors of the ministry of external affairs, there's an interesting 'section' that few citizens are aware of. It's the gift chest of the Indian government or the 'toshakhana', where ministers, bureaucrats and dignitaries are supposed to deposit all the gifts they receive on their trips abroad. The toshakhana stores some amazing presents, from jewellery, silverware and paintings to wine and even couture (Prime Minister Manmohan Singh was, strangely...
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