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Agri Min pitches for crop loan at 3% in Budget

-PTI   In its Budget wish-list, the Agriculture Ministry has demanded lowering of Interest Rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% Interest Rate. The 2012-13 Budget...

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Government's treasure trove: Gifts netas got, and what they took home by Hemali Chhapia

In the expansive corridors of the ministry of external affairs, there's an interesting 'section' that few citizens are aware of. It's the gift chest of the Indian government or the 'toshakhana', where ministers, bureaucrats and dignitaries are supposed to deposit all the gifts they receive on their trips abroad.  The toshakhana stores some amazing presents, from jewellery, silverware and paintings to wine and even couture (Prime Minister Manmohan Singh was, strangely...

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UIDAI launches Aadhaar authentication services

-The Hindu   The services will enable transfer, application procedures to be brought to one's door Last Christmas Eve, 35 people in a remote village of Jharkhand received a unique present. They became the first Indians to access their Mahatma Gandhi National Rural Employment Guarantee Scheme bank accounts on their doorstep, having had their identities authenticated through their Aadhaar numbers. They are among the earliest beneficiaries of the next phase of the ambitious —...

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Maheshwar dam power cost put at Rs. 10 a unit by Gargi Parsai

The worst fears of the Madhya Pradesh unit of the Narmada Bachao Andolan (NBA), have come true with regard to the high per unit cost of power to be produced by the controversial privately-owned Maheshwar hydro project in Madhya Pradesh: Information revealed through an RTI application shows that the private company developing the dam has projected the average cost of electricity to be produced at a whopping Rs. 10 per...

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Snakes and ladders by Amartya Sen

Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...

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