Tamil Nadu has become the second largest state after Andhra Pradesh in the self-help group (SHG)-bank linkage programme launched by the National Bank for Agriculture and Rural Development (Nabard). In the state, 209,197 SHGs were credit linked with a financial assistance of Rs 2,791.65 crore in 2009-10, taking the cumulative number of SHGs credit linked to 852,791 (including repeat doses) with a bank loan of Rs 9,394.70 crore. Nabard said that a...
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News we can use by Rajdeep Sardesai
For the Indian media, 2010 has been almost Dickensian: it’s been the best of times, but also possibly the worst. A chief minister resigning, a Union minister stepping down, senior politicians raided: when was the last time the Indian media could claim so many ‘victories’ in a single year? Yet, just as we were rejoicing at the return of hard, uncompromising news journalism, along come the Niira Radia tapes to...
More »Speculators at work by Alok Ray
If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...
More »Computer textbook goes red with errors
How many spelling mistakes can you expect in a school textbook supposedly prepared by a body of experts and released to the students after several rounds of revision? If you go through a computer textbook, provided under the Rajiv Gandhi Computer Literacy Programme and being read by thousands of students in the government schools of Assam, you will find an average of six to 12 mistakes on a page. These books, written...
More »‘Giving tribals jobs could have saved Vedanta’
If it was the inability to resettle 450 families that sealed the fate for Korean steelmaker Posco in Orissa, the failure to give jobs to another 500 families in and around the Vedanta project in Niyamgiri put paid to the aluminium major’s plans, said National Advisory Committee member NC Saxena, who wrote the report that resulted in cancellation of Vedanta’s project. On being asked about the contradictions between development and growth,...
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