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Hiccups ahead for direct cash transfer plan -Aloke Tikku

-The Hindustan Times The Aadhaar-linked direct cash transfer scheme, which will be launched on January 1, runs the risk of tripping in more than one-third of the 43 districts where less than 50% of the population has an Aadhaar number. This includes Maharashtra's Nandurbar district, where Prime Minister Manmohan Singh handed over the first unique identity number to Ranjana Sonawne of Tembli village in September 2010. Overall, about 55 million of 84 million...

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As farmers suffer, NABARD offers soft loans to corporates-Shalini Singh

-The Hindu Private companies get loansat 6.5% with additional cash refunds; for farmers it is 7% The National Bank for Agriculture and Rural Development (NABARD), which is dedicated to promoting rural development by providing soft loans to State governments for social sector projects, has given hundreds of crores as loans to corporates on concessional terms. In the Union Budget of 2011-12, Rs. 18,000 crore was allocated by the Centre to NABARD’s Rural Infrastructure...

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One-third of BDOs in Bihar face corruption charges -Santosh Singh

-The Indian Express Patna: Out of 534 block development officers posted across Bihar, 181 or one-third are currently facing probe — mostly for alleged misuse and misappropriation of fund meant for the Indira Awas Yojana. In fact, 58 BDOs face corruption charges for their dubious role in the implementation of IAY. This was revealed in an RTI query by Buxur resident Shiv Prakash Rai, who had asked for a list of...

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Congress braces for a stormy winter session of Parliament

-The Times of India Congress faces an array of opponents keen to corner it over its decision to allow foreign direct investment in multi-brand retail raising the possibility of raucous disruptions as the winter session of Parliament gets underway on Thursday. The bone of contention is the Opposition's demand that the FDI policy be discussed under a rule that entails a floor test and the government's determination not to accept such a...

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Behind Haryana land boom, the Midas touch of Hooda -Shalini Singh

-The Hindu Robert Vadra may be the most talked about property developer in Haryana but the emergence of links between the man who sold Sonia Gandhi’s son-in-law his first plot of land and Haryana Chief Minister Bhupinder Singh Hooda has shone a spotlight on the crucial role played by the Congress-run government in turning realty in the State into a business worth thousands of crores of rupees. Records of all licences granted...

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