-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs  repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...

-Frontline   But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...

-The Hindu Instead of opening a debate on the Gadgil panel's report on the Western Ghats, the government has chosen to sideline and replace it with another by an alternate group This is a challenging time in India's development history where a number of tenets of environmental governance are being questioned by the imperative of growth. Environmental governance in India is under assault, and is thus in need of both fresh thinking,...

-IANS SHIMLA: Himachal Pradesh's forest department is engaged in a massive project to remove lantana, an exotic flowering shrub that threatens the state's biodiversity, and re-greening the hills with fast-growing native flora, foresters said. Lantana's tentacles are threatening the natural regeneration of native species. It is estimated to be spread over 1,850 sq km of forests and wastelands, especially in the subtropical belt of Sirmaur, Una, Bilaspur, Hamirpur, Solan and Kangra districts....

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...