-The Hindu With emphasis in the 12th Plan on the social services sectors for achieving more inclusive growth, the Delhi Budget has allocated Rs.9,796 crore or 65 per cent of the total Plan outlay of Rs.15,000 for 2012-13 on this sector. The money, Chief Minister Sheila Dikshit said, will be used for various social welfare schemes. These include the Dilli Annashree Scheme, under which two lakh vulnerable households would be provided food...

Forty-eight thousand farmers, members of twelve hundred co-operative credit societies in Kolhapur district, are up in arms against the National Bank of Agriculture and Rural Development (Nabard) which has asked the Kolhapur district central co-operative bank (KDCC) to recover Loans that have already been waived under the union government’s loan waiver scheme four years ago. In a rally held on Saturday, the farmers decided to resort to a massive agitation against...

Delhi high court to hear central bank challenge to CIC order seeking information on defaults by top industrialists The Reserve Bank of India (RBI) has challenged an order by the Central Information Commission (CIC) asking the central bank to disclose names of the top 100 industrialists who have defaulted on loan repayments. In a writ petition to the Delhi high court, which is scheduled to be heard on 29 May, the central...

-The Economic Times The per capita income may have gone up by 14% during the last financial year, but the debt burden on every Indian - in the form of the government's debt - went up by 23%, latest official estimates show. According to finance ministry data, the per capita debt in India was estimated at nearly Rs 33,000 at the end of March 2012, compared to a little over Rs 26,600...

As children, we were taught to say before our meals, “Annadaata sukhi bhava.” It was a thanksgiving to God for sending the farmer to make food for us and may God bless him. Today, the farmer is helpless. He has no God to go to. Farmer suicides are the tip of the iceberg. The future of agriculture, or lack of it, is staring us in the face. Periodical doles like loan waivers...