-The Hindu The Cabinet will take a call on the shape of a new global agreement that India would push for at the for the upcoming climate change talks and over the next two years till it is signed in 2015. The Union Cabinet is likely to decide the non-negotiables for the upcoming climate change negotiations on Thursday. The Cabinet will take a call on the shape of the new global agreement...
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Women bank to be launched on Indira's birth anniversary -Sujay Mehdudia
-The Hindu The government has drawn up plans to launch country's first all women bank - Bharatiya Mahila Bank - on November 19, the birth anniversary of former Prime Minister Indira Gandhi. "We have asked the Election Commission for permission. The bank might be as well inaugurated on November 19. All work has been completed. But whether we can do it on November 19, whether we can do it in Delhi...
More »$15 bn rollover of subsidy costs into next budget?
-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
More »NABARD Launches New Scheme to Advance Direct Loans
-Outlook Shimla: National Agriculture Bank And Rural Development has launched a Warehousing Scheme (NWS) to advance loans to Public and Private sector for creation of storage infrastructure with a corpus of Rs 5,000 crore during 2013-14. "A dedicated scheme for providing assistance for creation of storage infrastructure with a corpus of Rs 5,000 crore has been introduced, pursuant to announcement made by Union Finance minister in current year's budget and the scheme...
More »Digging up the dirt-Madhav Gadgil
-The Hindu Mining companies have received favourable impact assessments even as they do great damage to the environment because regulators are willing to look the other way Last week, world leaders concerned about economic development got together at the International Monetary Fund, and gave a series of most instructive interviews. Our Finance Minister, P. Chidambaram, said that his problem was the slowing down of India's economic growth and reduction in government revenues....
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