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National Rural Mission to link one woman from every poor family to SHGs

-The Hindu   “Need for regulatory space for MFIs so they function without affecting SHGs” The National Rural Livelihood Mission (NRLM) would connect at least one woman from every poor household across the country with self-help groups (SHGs) in five years, Union Minister of Rural Development Jairam Ramesh said on Friday. “The objective of the programme is to ensure that in a five-year period one woman from every poor household becomes a member of...

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Political parties keep a private eye to advise on ticket seekers and rivals

-The Times of India As political parties learn to set up central war-rooms in their headquarters during elections to civic bodies, state assemblies or the Lok Sabha, they are increasingly depending on private detective agencies to collect and collate data in order to gauge people's mood, select prospective candidates and know rival strategies. Sniffing a business opportunity, private players have come up with specialised services of providing ground report to political leaders....

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PMEAC comes up with 3 pricing models to fix retail prices of 328 drugs-Khomba Singh

The Prime Minister's Economic Advisory Council has suggested a complex combination of three pricing models to fix retail prices of 348 essential drugs to balance industry's concerns and public health. The proposal, however, has drawn the ire of drug makers who say it is a watered down version of the health ministry's proposals. The council has proposed that for medicines facing "insufficient competition" or a monopoly-like situation, the retail price should...

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Nabard records 40% growth in farm credit in FY12

-The Business Standard   The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and rural development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...

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Amul milk to cost Rs 2 per litre more

-The Times of India Milk prices are set to soar yet again. Rising inflation and increase in excise duty on packaging material for milk pouches are likely to make milk dearer by Rs 2 per litre, said R S Sodhi, managing director of Gujarat Co-operative Milk marketing Federation (GCMMF), which markets Amul milk across the country. While he did not say when the price hike will come into effect, sources said...

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