In a move that could benefit more than 62 lakh school teachers in government, municipal and private unaided schools, the Centre plans to provide them with life insurance and health insurance at highly subsidized rates. The HRD ministry has already held detailed discussions with LIC, with the public sector insurance giant coming up with an "indicative scheme" with two components. The first component on life insurance would be available for...

The National Rural Employment Guarantee Scheme (NREGS) has had an unintended side effect: a record rise in the consumption of Indian Made Foreign Liquor (IMFL) among poor rural families, all thanks to the unprecedented sums of money that the scheme placed in their hands. And the politico-realtor lobby’s record bids for the two-year liquor licences across AP on Monday appears to be in the hope of reaping a bumper harvest...

Manipur households may find it difficult to fill their plates with rice next year, with the ongoing economic blockade robbing farmers of essential fuel to run their tilling machines. The food and civil supplies godown now has 7,132 metric tonnes of rice while the Indian Oil Corporation in Imphal has 1,223 kilo litres of diesel. The rice will last for a month, while the diesel can keep the state running for...

Getting 55 weddings done in 90 minutes flat won't rank as a record. Getting them done at no cost to the very poor families involved might qualify as one. That these are actually part of a successful Maharashtra government programme surely sets this up for a Guinness Book entry. The 55 couples in Nandura tehsil of Buldhana district are all Muslims. And there's a dual minority angle to it —...

Suresh Tendulkar created a flutter among policymaking circles when a committee led by him raised the estimate for poor households in the country to 74 million from the Planning Commission estimate of 65.2 million. The former chairman of the Prime Minister’s Economic Advisory Council explained why his numbers are more credible in an interview with ET’s Pooja Suri and Amiti Sen. Excerpts: Why did your committee decide to accept the...