-PTI The postal department plans to enter the banking business with the Reserve Bank of India deciding to grant new bank licences to entities with credible track-record. Consultant appointed Sources said the Department of Posts, which has a strong foot print in rural areas, has appointed Ernst and Young (E&Y) as the consultant for the proposed ‘Post Bank’ “Ernst and Young is expected to submit a detailed project report by April, after which all...

-Down to Earth Budget to start process of reforming Central rural schemes, 45 years after first demand India’s rural development programmes are in for an overhaul. After the approval of the 12th Plan by the National Development Council (NDC) on December 27, 2012, the government has started restructuring of the behemoth called Centrally sponsored schemes (CSSs). In the Plan (2012-17) the Centre has committed Rs 541,276 crore for CSSs covering rural development,...

-PTI Madhya Pradesh Sanitation Vision 2025 aims to make urban areas in the state free of open defecation by 2017 and achieve a near complete sanitation access through provision of individual household level toilets by 2025 Madhya Pradesh government has charted an ambitious plan to completely stop open defecation in urban areas by 2017 and provide sanitation access through individual household toilets by 2025. "The 'Madhya Pradesh Sanitation Vision 2025' (MPSV) has been...

-The Indian Express Amidst a growing concern about educated youth indulging in anti-national and anti-social activities, the apex higher education regulator has asked universities to take steps to check "radicalisation of youth". Following recommendations made by the National Integration Council, the University grants Commission has written to all universities and recognised institutes asking them to ensure that students enrolled even in science and technology courses study humanities and social sciences alongside, so...

-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...