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Centre relents on real estate bill

-The Telegraph New Delhi: The government today gave in to the Opposition and referred the bill for regulating real estate to a select committee for scrutiny. Urban development minister M. Venkaiah Naidu brought a motion for sending the bill to the committee, to be headed by BJP MP Anil Madhav Dave. The 21-member panel will have to hand in its report at the start of the monsoon session. The Opposition had demanded examination...

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India’s farms haven’t transformed fast enough - Pramit Bhattacharya

-Livemint.com The past decade has been transformative for rural India but deep-rooted vulnerabilities still remain Two years ago, the rural consumer was the delight of consumer goods companies and financial firms as they sought to tap the growing demand in India’s countryside. After repeated spells of poor weather in the past two years, rural demand seems to have weakened sharply. Villagers appear to be trapped in a new cycle of distress, which...

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Food Security Act to Be Adopted by 90% States by June: Paswan

-Outlook Kolkata: The Food Security Act will be adopted by 90 per cent of the states by June this year, Union consumer Affairs, Food & Public Distribution minister Ram Vilas Paswan informed today. "Currently, some 11 states had adopted the Food Security Act and by June, 90 per cent of the states will adopt it," he said. West Bengal has begun implementing the Act by introducing it in South Dinajpur district and it...

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Sick policies, starving farmers -Amit Bhardwaj

-Tehelka Agrarian policies are proving to be an albatross around the neck of ordinary farmers Amon Singh Kevat, 70, a small farmer in Vidisha, Madhya Pradesh, spent three long days in April waiting for his harvest to be picked up from an open plot that served as a mandi (procurement centre for agricultural produce). In need of money for a marriage in the family, Kevat didn’t even go home for meals. But...

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Too early to say deficit monsoon to hit rural lending -Abhijit Lele

-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

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