-DNA On July 18, 2012, social activist TJ Abraham had filed a complaint with the court stating that while constructing the NICE Road, huge tracts of land has been grabbed illegally. The land belonged to poor people and farmers and has been purchased for lesser price than the market value. NICE for its project has occupied 20,193 acres land in total, in which it illegally encroached around 5,972 acres, Abraham had filed...
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‘Poor in India are ethical... we must lend more to the poor’
-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...
More »India approves Rs 4,000 cr action plan for tackling Japanese Encephalitis
-DD News Indian Union Cabinet has approved Rs 4,000 crores proposal for multipronged strategy for the prevention and control of Japanese Encephalitis and Acute Encephalitis Syndrome. The meeting chaired by the Prime Minister Dr Manmohan Singh approved the proposal of the Ministry of Health and Family Welfare recommended by the Group of Ministers. The scheme will be implemented in 60 priority districts for a period of 5 years from this year. This scheme will...
More »Companies in agricultural biz now in priority sector
-The Economic Times MUMBAI: The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities, and amended the limits for certain categories. In a circular issued to commercial banks on Wednesday, the RBI has clarified that loans to corporates, including companies formed by individual farmers, partnership firms and co-operatives of farmers directly engaged in agriculture and allied activities, will now be considered...
More »Behind Robert Vadra’s fortune, a maze of questions -Shalini Singh
-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...
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