-The Economic Times The government may increase the annual target of the banks for lending to the agriculture sector by 22% in the upcoming union budget to 7 lakh crore, in view of the revised classification of priority sector loans issued by the Reserve Bank of India. "Banks will be pushed to achieve their direct lending targets and focus on the new improved Kisan Credit Card scheme," said a finance ministry official,...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

-PTI The Centre has decided to conduct a study on RTI Act to assess its implementation across the country and find ways to address bottlenecks faced by various stakeholders. The study will analyse public perception about the extent of reduction in corruption as a result of the functioning of the RTI Act and to calculate cost to the government in providing information under the transparency law among others. Besides, it will determine the...

-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...

-Outlook The Centre has decided to conduct a study on RTI Act to assess its implementation across the country and find ways to address bottlenecks faced by various stakeholders. The study will analyse public perception about the extent of reduction in corruption as a result of the functioning of the RTI Act and to calculate cost to the government in providing information under the transparency law among others. Besides, it will determine the...