-The Times of India LUCKNOW: A cash-strapped Uttar Pradesh government wrote off Loans worth Rs 1,650 crore to farmers on Samajwadi Party chief Mulayam Singh Yadav's 74th birthday on Thursday, fulfilling an election promise that is bound to further deplete the state's already dwindling coffers. Chief minister Akhilesh Yadav said 7.2 lakh farmers, who've taken Loans of up to Rs 50,000 from rural cooperative banks, will benefit from the waiver. "Farmers who've...
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Akhilesh Yadav government waives Loans of lakhs of farmers -Ashish Mukherjee
-NDTV Lucknow: Lakhs of farmers in Uttar Pradesh who took Loans worth Rs. 50,000 or more and have returned 10 per cent of the amount got a big surprise today, with Chief Minister Akhilesh Yadav waiving their Loans. The state government said the decision will benefit approximately 7.20 lakh farmers. But the scheme but comes with a rider. It will apply to only those farmers who took the loan by mortgaging property. Such...
More »RBI Rules Out Introduction of Islamic Banking
-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...
More »RTI activist stabbed 27 times to death in Kandivli, 2 held -Nitasha Natu
-The Times of India MUMBAI: An RTI activist was stabbed to death 27 times on a Kandivli (W) street on Tuesday night by two men. Within 12 hours, the Kandivli police solved the case with the arrest of both the accused from Nashik. The deceased, Kapurchand Gupta, was also an office-bearer of the hawkers' association. Gupta was targeted by the key accused as he was trying to wean away customers from...
More »From plastic portable loos to Sanitary Bonds, India needs a latrine policy-V Raghunathan
-The Economic Times After Mahatma Gandhi, Jairam Ramesh is the only national leader to be genuinely concerned that 65 years after Independence, some 600 million Indians in the 21st century continue to use open skies as their latrines. While Lee Kuan Yew continues to exhort Singaporeans to have cleaner loos, our ministry of railways thinks depositing human excreta all along the country's length and breadth, including deep into the cities -...
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