-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...
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Account for rural suicides -Inderjit Singh Jaijee
-The HIndustan Times There is concern again about missing persons and bodies found in canals in Haryana. Surfacing of such bodies in Punjab’s canals has figured in media reports for years. But neither Punjab nor Haryana police take interest in retrieving the bodies, as the recovery involves reporting it, then attempting to identify it and locating the kin, cremation and maintenance of a record. Pushing bodies downstream eliminates all this bother. But...
More »Cabinet clears way for direct transfer of fertilizer subsidy-Surabhi Agarwal, Aman Malik and Liz Mathew
-Live Mint Step is another sign of government intent to move towards direct transfer for all programmes The Union cabinet on Thursday approved a proposal that will eventually lead to the direct transfer of cash subsidies to farmers for fertilizer, two weeks after it put in place the architecture to enable such a transition. The step is another sign of the government’s intent to move towards a regime of direct transfer of cash...
More »FDI in Retail: A Low-down on the Falsehood over an Exclusionary Policy-Kamal Nayan Kabra
-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...
More »Govt audit blows lid off children's homes mafia-Ravikiran Deshmukh
-Mid Day 'Mafia' set up these establishments across the state to usurp government grants, reveals report submitted by state child rights commission; many of them were being run as hostels and coaching centre Corruption is now so rampant in every sphere in this country that it has become a child’s play for the perpetrators. MiD DAY has learnt that the Congress-led Democratic Front government is sitting on a sensational report submitted by...
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