-Live Mint In the two years to March 2012, the number of kisan Credit Cards grew by 28%, while the outstanding amount grew by 76% So far, the rural job-guarantee scheme, other social programmes by state governments and the raising of minimum support prices to farmers have been cited as reasons for the continued buoyancy in rural consumption and also for inflation in food items. But there could be another insidious...
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A slew of schemes for slum dwellers
-The Hindu Jaipur: Slum dwellers in Jaipur will shortly get the benefit of a slew of schemes with the selection of the Rajasthan Capital in the National Urban Livelihood Mission. The Rajiv Awas Yojana will also be implemented here from next month for construction of houses for them. Jaipur Mayor Jyoti Khandelwal announced at a discourse on "Urban poverty and strengthening of civil society voices" here on Thursday that special measures would...
More »Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan
-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
More »RTI applications for NRIs simplified-Narayan Lakshman
-The Hindu The Government of India took a major step forward in enabling Non-Resident Indians (NRIs) to file applications under the Right to Information Act this week, announcing that it has launched a service called "elPO," or Electronic Indian Postal Order. Using this, NRIs across the world may now be in a position to file RTI applications conveniently via direct payment of fees for the same. According to an Office Memorandum put...
More »Chhattisgarh to give additional 50 days work for MGNREGA-R Krishna Das
-The Business Standard Chhattisgarh Government defines Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and will provide 50 days additional employment to the beneficiaries in the state. The 100-day ceiling of guaranteed employment for the rural people would not be a bar in Chhattisgarh from now. The state government would provide job for additional 50 days---ensuring that the card holder of MGNREGA would get 150 days secured employment. "The proposal to increase MGNREGA...
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