-The Hindu Business Line In much of the discussion on the turnaround after the Great Recession, attention has been focused on financial consolidation and the halting return to growth. Far less attention has been paid to the persistence of high and even rising unemployment and its sources. In the desperate search for evidence that the global recession has bottomed out and the recovery has arrived, the story told by the long-term trend...
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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 »UPA committed to passage of Food Security Bill: PM
-ANI The Prime Minister, Dr. Manmohan Singh, today said the UPA Government is committed to the passage of Food Security Bill. "The Food Security Bill is a very important legislation for the government. The UPA is committed to make this law after considering all opinions," he said. Meanwhile, Food Minister K.V. Thomas said he has to look into various angles before taking a call. "I am neither ruling in or ruling out. I have...
More »Building euphoria-Himanshu Upadhyaya
-Frontline But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...
More »Parliamentary panel approves bill to empower EC on seat nomenclature
-PTI A Parliamentary committee has approved a bill which seeks to give limited powers to the Election Commission to determine change in nomenclature of a parliamentary or assembly seat where a caste has been included or excluded from the SC/ST list in the last one decade. The Readjustment of Representation of Scheduled Castes and Scheduled Tribes in Parliamentary and Assembly Constituencies Bill, 2013 was referred to the Standing Committee on Law...
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