-The Telegraph Bihar today drew praise from Planning Commission deputy chairperson Montek Singh Ahluwalia for faring better than other states on per capita income. "Bihar's overall performance during 2012-13 has been very good and its growth in per capita income has been better than the country as a whole. Although the state started with a low base, this still is a remarkable growth," he said after a meeting with chief minister Nitish...
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Govt may take back 30 more coal blocks- Aman Malik
-Live Mint Show cause notices to be issued to companies, including Jindal Steel, Tata Power, GVK Power and Jaypee Group The government is set to issue show cause notices to the holders of at least 30 captive coal blocks, according to a senior coal ministry official with direct knowledge of the matter. Companies holding these blocks will be asked to explain why they failed to develop them and if the government is not...
More »Rising farm wages will lift all boats-Neelakshi Mann and Jairam Ramesh
-The Hindu Investment in a scheme that guarantees rural employment with minimum wages should be seen as complementary and not alternative to development activities A recent paper by the Commission for Agricultural Costs and Prices (CACP) has argued that the "push" factors of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) are not as important as the economic growth "pull" factors, for increasing agricultural wages. The paper has received wide media...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »PM, Sonia may launch mobile tower project in Naxal-affected States-Sandeep Joshi
-The Hindu With general elections just a year away, the Union government is keen to project the proposed installation of around 3,000 mobile towers in nine Naxal-affected States as one of the major achievements of the the Congress-led United Progressive Alliance government. For the Rs.3,000-crore project that would give mobile coverage to India's most backward districts and remote villages covering over 80 Left Wing Extremism (LWE)-affected districts, the DoT wants Prime Minister...
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