Union Finance Minister Pranab Mukherjee made sure to defer to the Sonia Gandhi-led National Advisory Council's priorities as he presented the Union budget for 2011-2012 on Monday. The Minister took care to mention that the Food Security Bill, the NAC's top priority, was almost ready and would be brought before Parliament later this year. He also took on board the NAC's concerns on the Mahatma Gandhi National Rural Employment Guarantee Scheme...
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Order to remove Yunus by Ananya Sengupta
Nobel laureate Muhammad Yunus has been removed as the managing director of Grameen Bank, the organisation he founded in Bangladesh in 1983 to help the poor. The central bank has cited a rule that requires retirement at 60 to order the ouster of the 70-year-old “banker to the poor” who has been embroiled in a Norwegian funds scandal. Yunus had also fallen out with the political establishment after, fresh from the Nobel...
More »Rise in glaucoma worries doctors by Daulat Rahman
Assam has witnessed an alarming rise in patients suffering from glaucoma, a disease that causes permanent blindness. According to a conservative estimate, out of every 100 patients visiting the Regional Institute of Ophthalmology (RIO) here, nearly 10 suffer from glaucoma. Of the visually impaired in Assam, 10 per cent are victims of glaucoma compared to 5 per cent five years ago. RIO’s director C.K. Baruah told this correspondent that though many suffered...
More »Dismal: State of the World's Children 2011
A good marker of a country’s progress is the environment in which its children grow up. Prevalence of malnutrition, hunger, unhygienic surroundings and forced child labour cost a country dearly in terms of its real growth. The State of the World's Children 2011 report shows how little is being invested in the future citizens of our world. The theme of this year’s report is “Adolescence: An Age of Opportunity” and...
More »Windfall for farmers continues, loan disbursal target raised to Rs 4,75,000 crore
Farmers can continue to reap a financial harvest that first came as a windfall loan waiver of Rs 60,000 crore in 2008. Finance minister Pranab Mukherjee raised the target for loan disbursal to the farmers from the present Rs 3,75,000 crore to Rs 4,75,000 crore in 2011-12, nearly a 27% jump.Mukherjee has raised the target consistently in 2010-11, the loan target was raised by over 15% at Rs 3.75 lakh...
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