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Full steam ahead by TS Subramanian

The agitation against the Kudankulam nuclear power plant can be seen as a case of activism gone berserk. The high-octane drama against the Kudankulam Nuclear Power Project (KKNPP) in Tamil Nadu has wound down. The seven-month-long agitation led by the People's Movement Against Nuclear Energy (PMANE) at Idinthakarai village in Tirunelveli district, demanding the closure of the ready-to-be commissioned project, ended on March 27 when S.P. Udayakumar, PMANE convener, called off...

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Nabard to oppose any amendment to Co-operatives Act

-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...

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Nabard records 40% growth in farm credit in FY12

-The Business Standard   The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and rural development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...

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A Two-tier System by Sukanta Chaudhuri

When the fledgling Indian government drafted its higher education policy after Independence, it formed two separate tiers for teaching and research: colleges and universities in one, exclusive research establishments in the other. The intention was of the noblest, to deploy our best talent exclusively to create an indigenous knowledge pool; in particular, to provide research input for the nation’s development. Sixty years down the line, the outcome has patently failed those...

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A very crooked line-Prahlad Shekhawat

It is worrying that the Tendulkar method, chosen by the Planning Commission to calculate the poverty line in its latest figures, underestimates the levels of poverty while overestimating poverty reduction. The figures show that 29.8% or 360 million Indians were poor in 2009-10 as compared to 37.2% or 400 million in 2004-05. A poor person has been defined as one who spends R28 per day in urban areas and R22.5...

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