-Down to Earth Ministers write protest letters to prime minister and finance minister, saying it would greatly impact ongoing schemes The Congress-led UPA government has been harping on its pro-poor schemes in the run up to the elections early next year. But it has effected a drastic cut in budgetary allocations for social welfare schemes. The move is reportedly prompted by the urgent need to contain current account deficit (CAD) to below...
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Chidambaram Criticises Activists for Stalling Projects
-Outlook Panaji: Activists who stop power plants, coal mining and projects like dams do not help in removing poverty from the country, Union Finance Minister P Chidambaram today said. "There is nothing more important than removing poverty from the country. I want to ask people who protest whether their action results in removing poverty?" Chidambaram said during an interview at 'ThinkFest' event in Goa. "Poverty is the greatest polluter and a curse. There...
More »Invest in Girls' Education to Break Cycle of Poverty: UNICEF
-Outlook New Delhi: Investing in education of girls, especially the most marginalised, is required to make progress on most social indicators in India, according to UNICEF. To mark the second International Day of the Girl Child, UNICEF today organised a meeting with top Urdu editors in the capital. Speaking at the event, Urmila Sarkar, Chief of Education UNICEF, said, "Innovation in girls education will be instrumental to female empowerment and breaking the cycle...
More »Government expects bumper crop this year on good monsoon
-PTI NEW DELHI: India is expected to harvest bumper crop this year based on estimates of higher food grains production in Kharif (summer sown) and hopes of better Rabi (winter) crop with enough water in reservoirs, Finance Minister P Chidambaram said today. He also said that the agriculture credit has grown by 12.1 per cent during April-August period of this fiscal. "On agriculture, we estimate this would be a very good year. The...
More »Women bank to be launched on Indira's birth anniversary -Sujay Mehdudia
-The Hindu The government has drawn up plans to launch country's first all women bank - Bharatiya Mahila Bank - on November 19, the birth anniversary of former Prime Minister Indira Gandhi. "We have asked the Election Commission for permission. The bank might be as well inaugurated on November 19. All work has been completed. But whether we can do it on November 19, whether we can do it in Delhi...
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