-The Indian Express Oorugonda/ Warangal: Twenty -two kilometres from Warangal, a narrow road from National Highway 202 leads to Oorugonda, a village of around a thousand farmers in Atmakur mandal. An eerie silence hangs around it, with a few middle-aged men sitting under a tree looking up inquisitively at visitors. They are not done grieving for 40-year-old Modanti Krishnamma. Last week, she killed herself after the cotton crop she and her husband...
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Rs 5,200 Cr Scheme for Improving Power Network in Northeast
-Outlook The government today approved Rs 5,200 crore scheme for strengthening power transmission and distribution network in six North-east states. "The Cabinet today approved North Eastern Region Power System Improvement Project (NERPSlP) for Assam, Manipur, Meghalaya, Mizoram, Tripura and Nagaland for strengthening of the intra state transmission and distribution system," Union Minister Ravi Shankar Prasad told reporters here. The scheme has been approved at an estimated cost of Rs 5,111.33 crore including capacity...
More »Don't Make Fortune Out of Poor: Rajan to Micro Lenders
-Outlook Mumbai: Asking micro-lenders to look at only a "reasonable profit" to sustain their business while serving borrowers at the bottom of pyramid, RBI Governor Raghuram Rajan has said that one should not think of making a fortune while serving poorest of the poor. The comments come in sharp contrast to management guru late CK Prahalad's views in his book The Fortune at the Bottom of the Pyramid. The concept of the fortune...
More »Odisha scheme for migrant construction workers from state
-IANS Bhubaneswar: The government Wednesday decided to register construction workers from Odisha employed outside the state and provide them with all the benefits available to construction workers within the state. This was decided at a meeting chaired by Odisha Chief Minister Naveen Patnaik here, said official sources. The meeting decided to extend housing loans subject to a maximum of Rs.one lakh at an interest rate of two percent to the construction workers. The...
More »'Robbed' of loan waiver, Tulluru farmers wary of land pooling
-The Times of India VIJAYAWADA: Farmers in the proposed Andhra Pradesh capital region are putting up a strong resistance to the AP government's plans of land pooling as many of them were recently declared ineligible for farm loan waiver. According to the initial lists of beneficiaries circulated in local banks, a majority of farmers in the region were declared ineligible for loan waiver thanks to new restrictions imposed by the government. For...
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