-The Telegraph New Delhi: A home ministry helpline offering information on quake-hit Nepal has been swamped by Indian farmers airing their distress, embarrassing a government already under the Opposition's cosh for its "anti-farmer" policies. Compounding the discomfiture, most of the callers are demanding the Rs 15 lakh that Narendra Modi had, during last year's election campaign, promised to deposit in every bank account after retrieving black money from abroad, ministry officials said. "We...
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Too early to say deficit monsoon to hit rural lending -Abhijit Lele
-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...
More »20 NGOs under scanner -Devesh K Pandey
-The Hindu "NGOs, particularly those involved in protests against the Kudankulam nuclear power project in Tamil Nadu, received funds from abroad" The Union Home Ministry suspects that many non-government organisations registered under the Foreign Contribution Regulation Act (FCRA) are indulging in money laundering. Enforcement agencies have so far initiated investigation against 20 such NGOs. “These NGOs, particularly those involved in protests against the Kudankulam nuclear power project in Tamil Nadu, received funds from...
More »Govt's indiscriminate crackdown on NGOs will affect the 'marginalised' -Samar Halarnkar
-Hindustan Times They are called cafeteria sessions. At lunch time, Greenpeace fund-raisers wander among hundreds, sometimes thousands, of young men and women packing the cafeterias of Indian companies. It’s not a good idea to name these companies. Greenpeace’s activities include forest preservation, renewable-energy promotion and fighting on behalf of local communities. These appear to be popular causes among young professionals. Donations of Rs 300 to Rs 500 constitute about 80% of...
More »The inclusion project -Shamika Ravi
-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to Bank Accounts. Within three months of launching the PMJDY, the government entered the Guinness...
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