The finance ministry has asked public sector banks to devise products for Indian farmers to ensure they get adequate funding in emergencies. The government, the majority owner of such banks, wants them to roll out products such as emergency Loans to farmers that will be linked to savings accounts, a weather index-based insurance product, and set up a credit guarantee fund that will aid farmers in the event of crop losses...

Deadline to be fixed for conversion of insanitary latrines Employing people for manual scavenging and cleaning of septic tanks and sewers will attract a hefty penalty once the Prohibition of Employment as Manual Scavengers and their Rehabilitation Bill, 2012 is passed. The Bill that seeks to prohibit employment as sanitary workers is to be tabled in Parliament in the monsoon session. The proposed law suggests that every insanitary latrine will have to...

It would be great if the enthusiasm on the financial inclusion agenda gets a pause from the frantic do-gooders . Too many people appear to be enthusiastic about serving the poor - and the kindness is killing. Back in 1956, we discovered that cooperatives were a great instrument to reach out to the poor. These were peoples' institutions, local and would be responsive to the problems of their members. A set of...

-PTI   Mamata had said that co-operative banks would not be allowed to attach properties of farmers for loan recovery in cases of default Refinance institution Nabard today said it would oppose any amendment to West Bengal Cooperative Societies Act of, 2006 as suggested recently by state Chief Minister Mamata Banerjee. "If the West Bengal government goes ahead with amending the Act without informing Nabard, then we will oppose it," National Bank for Agriculture...

Student of Pune-based MIT School of Government (MITSOG), Harshvardhan Reddy, who hails from Karni village in Mahabubnagar district in Andhra Pradesh, has kept the Right to Information (RTI) flag flying high by filing over 300 RTI applications along with over 200 first appeals within a short span of two years. The first RTI application, Reddy said, was filed by him against the rural superintendent of police (SP) for delaying his passport...