The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...

West Bengal chief minister Mamata Banerjee on Monday appointed a two-member expert committee to formulate a new land policy of the state government. Reiterating her known stand against forcible acquisition of land, Ms Banerjee said: “There is much confusion over the issue of land acquisition. Our government has decided to have a new land policy which will help us prepare a land bank.” Significantly, the earlier Left Front government which...

Dr Binayak Sen has given a double blow to the state administration of Chattisgarh. First, the Supreme Court rejected the sedition charges levelled against him for which the state courts found him guilty. And then he was appointed to the 40-member steering committee on health in the planning commission. The Chattisgarh government has been vocally protesting against Sen's appointment, saying that he still remains a convict out on bail and should...

India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

Sticks to his decision to frame two separate laws Linking Bills at this juncture will not be proper, he says Even as the National Advisory Council accepted the suggestion of some of its members for a composite legislation on land acquisition and rehabilitation and resettlement, Union Minister of Rural Development Vilasrao Deshmukh on Wednesday spiked their suggestion and stuck to his decision to frame two separate laws during the monsoon session of...