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PM mulls Rs.1,000 crore corpus for housing poor

-IANS The government is considering creating a corpus fund of Rs.1,000 crore ($18.7 million) in the current fiscal that would encourage banks to give housing loans in 'significant volumes' to the urban poor, Prime Minister manmohan singh said Tuesday. Addressing a conference on the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) here, manmohan singh said the corpus of Rs.1,000 would be set aside to create a credit risk guarantee fund that could...

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Keep madrasas out of RTE, Digvijaya tells PM

-The Indian Express   The All India Muslim Personal Law Board and Muslim clerics have sent several delegations to the Human Resource Development ministry and even threatened to start an agitation if madrasas are not kept out of the Right to Education Act’s provisions. That apart, a delegation of Congress leaders, led by Digvijaya Singh, today urged Prime Minister manmohan singh to exempt minority education from the ambit of the Right to...

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Govt clears 3 bills to counter Team Anna, Opposition

-CNN-IBN The Union Cabinet on Tuesday cleared three major anti-corruption bills – Citizen's Charter Bill, Judicial Accountability Bill and the Public Interest Disclosure and Protection to Persons Making the Disclosures Bill (Whistleblower's Bill) – in a crucial meeting. The Cabinet, however, met amid reports of clearing four crucial bills, including Congress president Sonia Gandhi's favourite, the National Food Security Bill. However, a decision on the Food Security Bill was deferred to next week...

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India lost the plot at Durban

-The Hindu   In any reasonable reckoning, the outcome of the 17th meeting of the Committee of Parties (COP) of the United Framework Convention on Climate Change at Durban was a triumph for European climate diplomacy, placing it firmly once again in the position of a global climate leader. In the run-up to Durban, Europe had offered to support a second commitment period for the Kyoto Protocol in exchange for a “road...

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‘Nuclear liability rules ultra vires’ by Sandeep Dikshit

Just when the government felt it had sorted out all the wrinkles in the Nuclear Liability Act, eminent jurist Soli Sorabjee has said the crucial rule restricting the liability of supplier to just five years in case of an accident is ultra vires and invalid. Mr. Sorabjee was answering questions from international environment activist group Greenpeace on the detailed guidelines for the Nuclear Liability Act, announced on the eve of last...

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