-Outlook New Delhi: The Centre today asked state governments to put all information related to implementation of Mahatma Gandhi National Rural Employment Guarantee Scheme and Public Distribution System in public domain. It has also asked states to ensure proactive disclosure under Right to Information (RTI) Act of information on public works done by a department at block and panchayat levels. Section 4 of the RTI Act, 2005 lays down that information should be...
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incentives for Speeding Up SHGs' Formation in Bihar
-Outlook Patna: The Bihar government would bear the interest rate above 7 per cent on loans taken by Self Help Groups (SHGs), Chief Minister Nitish Kumar said today. The SHGs paying loan on time would be given incentive by providing loan at a lower interest rate of 4 per cent, Kumar said addressing a review meeting of "Jeevika" (Bihar state rural livelihood mission) here. Banks are at present providing loan to SHGs at...
More »Rs 1 lakh crore bad loans of corporates written off: RBI-Mayur Shetty
-The Times of India MUMBAI: Data collected by Reserve Bank of India over a period of one year blows the lid off what goes as loan classification in banks. In a presentation at the annual bankers' conference, RBI deputy governor K C Chakrabarty showed how banks have sacrificed over Rs 1 lakh crore by writing off bad loans to corporates, which is much higher than Union finance minister P Chidambaram's farm...
More »US to oppose mechanism to fund climate change adaptation in poor nations-Nitin Sethi
-The Hindu In an internal briefing paper, accessed by "The Hindu", U.S. tells negotiators to delay emission cut commitments and not to agree on any time line for funds Warsaw: In an internal briefing paper prepared for its diplomats across the world ahead of the Warsaw climate negotiations, which The Hindu has accessed, the U.S. has opposed the setting up of a separate process on ‘loss and damage', pushed primarily for the...
More »Not all or nothing
-The Indian Express The rural health cadre will not create two classes of doctors, it will help fill two different needs. The cabinet is pondering the idea of a cadre of mid-level health practitioners, a plan that has been fiercely resisted by medical associations because they worry it will dilute the worth of MBBS graduates. It has also been recently rejected by the parliamentary standing committee on health, for allegedly creating two...
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