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Bill provides for cost sharing with States by Gargi Parsai

The controversial targeted National Food Security Bill, which got the nod of the Union Cabinet on Sunday, is a pet project of United Progressive Alliance chairperson Sonia Gandhi. However, the recommendation made for near-universalisation by the National Advisory Council chaired by Ms. Gandhi, was set aside by the government. To be piloted by Minister of State (Independent) for Food and Public Distribution K.V. Thomas, the Bill will be introduced in the...

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Draft to get election push at Cabinet meeting on Sunday by Kavita Chowdhury

The government is going to make a final attempt to push Sonia Gandhi’s pet legislation, the Food Security Bill, at the Cabinet meeting this Sunday. Cabinet approval is vital if the Bill is to be introduced in Parliament within the few remaining days of this session. This could possibly be the last session before Assembly elections in five states. Food Minister K V Thomas told Business Standard, “We are trying to introduce...

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Tribal Education Loan Scheme

-Press Information Bureau   The National Scheduled Tribes Finance and Development Corporation (NSTFDC) has launched an Education Loan Scheme for students belonging to scheduled Tribes in the country in the month of November, 2011. The requirement for availing benefits of the scheme are that the annual family income of the Scheduled Tribe candidate shall be upto double the poverty line and the candidate is willing to pursue technical/professional education, including Ph.D. in...

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Centre to set up Rs. 1,000-crore fund to promote housing for poor by P Sunderarajan

It will provide credit risk guarantee to banks on the loans Prime Minister Manmohan Singh on Tuesday announced that the Centre was considering setting up a credit risk guarantee fund with a corpus of Rs. 1,000 crore, to start with, to encourage banks to lend to the poor for housing. Emphasising that developing housing for the poor was critical for sustainable urban development, he said: “To encourage banks to lend in significant...

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