‘Akshardham, CWG Village on Yamuna bank shouldn't have got nod' Neither the Commonwealth Games Village nor the Akshardham Temple should have been allowed to be built on the banks of the Yamuna, according to Environment Minister Jairam Ramesh. He proposes to issue a River Regulation Zone notification to protect riverbeds from such harmful constructions in the future. “The manner in which the Yamuna riverbed has been devastated by constructions should be a...

The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...

Since 1947, successive governments have missed innumerable opportunities to put the country on the path of sustained, inclusive growth. Time and again, quixotic ideology has led to meaningless debates, antediluvian policy and inexplicable strangulation of capacity buildup in both physical and social infrastructure. Even today, while the gap between current and projected national demand and supply is well acknowledged, the government continues to drag its feet in creating the policy...

Over a month after the CBI cracked down on the alleged multi-crore kickbacks-for-loans scam, investigators are believed to have found irregularities in the loan files of at least eight companies, including Lavasa, DB Realty, Mantri Realty and Adani Group. In November, the CBI had arrested three members of Mumbai-based financial service company Money Matters and four others for their involvement in the alleged loan scam. The CBI, after going through loan...

Right to information (RTI) activists in the city have demanded the state government to invoke section 17 (3) (e) of the RTI Act, 2005, to remove Ramanand Tiwari from the post of state information commissioner (SIC), as his son owns a flat in the controversial Adarsh Housing Society in Mumbai. President of Nagrik Chetna Manch, Maj Gen (retd) SCN Jatar, president of Sajag Nagrik Manch, Vivek Velankar, Surajya Sangharsh Samiti chief...