-The Hindu The National Bank for Agriculture and Rural Development (NABARD), whose funding of corporate warehousing projects on terms far softer than those offered to poor and often suicidal farmers was highlighted by The Hindu last month, has withdrawn its controversial scheme with retrospective effect under pressure from the Reserve Bank of India. The minutes of a meeting of the sub-committee of the NABARD Board held last month confirm that the RBI...
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Aruna Roy objects to direct cash transfer
-The Times of India National Advisory Council (NAC) member and MKSS leader Aruna Roy on Friday shot off a scathing letter to the finance ministry objecting to "talk" of subsidy cuts for the poor while funding programmes like Aadhar that have no legislative backing. She also suggested that pre-budget consultations for business and social sector should be held jointly in a more democratic fashion. Expressing "shock" at subsidy cuts Roy, who did...
More »Only three days left, govt in a rush to push pending bills -Saubhadra Chatterji
-The Hindustan Times With just three days left before the ongoing winter session winds up, the UPA floor managers are in a hurry to clear its pending legislative agenda. For Tuesday, the government has listed as many as seven bills for discussion and passing. Top government sources indicated that it may list heavy agenda for the remaining two days as well. With a large part of the session already disrupted over the...
More »Towards a secure retirement-Renuka Sane
-The Indian Express Increasing provident fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s provident fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...
More »Chhattisgarh govt pays for all TV news that is fit to buy-Ashutosh Bhardwaj
-The Indian Express Raipur: In May 2010, Hindi TV channel Sahara Samay presented a five-point proposal to the public relations department of the Chhattisgarh government about covering government activities during 2010-11: 1. Two-minute special package: Sahara Samay will show the package 15 times a day during news bulletins. It will contain “CM’s speeches, government policies, and special news related to various departments.” Cost: Rs 3.28 crore per year at Rs 3,000 per...
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