-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »SEARCH RESULT
Total Matching Records found : 673
PMO official’s visit to CBI office leaves PM exposed
-The Times of India The Prime Minister's Office (PMO) faced its sharpest indictment in the Supreme Court on Wednesday, with a senior official's visit to the CBI office to scan and suggest changes to an investigation report on Coalgate attracting the court's severe ire. The court's scathing comments on Shatrughna Singh, a joint secretary in the PMO, and Ashok Bhalla, a joint secretary in the coal ministry, seeking changes in a draft...
More »Centre approves Rs 511 crore for drought, flood-hit Rajasthan, Nagaland and Arunachal Pradesh
-The Economic Times An Empowered Group of Ministers (EGoM) on drought, headed by Agriculture Minister Sharad Pawar, on Wednesday approved Rs 511-crore assistance for Rajasthan, Nagaland and Arunachal Pradesh - the states affected by floods and droughts in 2012. Further, an additional grant of Rs 256 crore was given to Maharashtra for rejuvenation of orchards. However, the high-level committee didn't take a decision on extending the duty-free import of oil cakes for...
More »Women SHGs to get loans at lower rates - Elizabeth Roche
-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...
More »Marriage bill divides Cabinet; referred to GoM
-The Times of India Differences over what constitutes as a woman's right to her marital property in case of a divorce forced the Union Cabinet to refer the Marriage Laws (Amendment) Bill to a Group of Ministers (GoM) on Wednesday. The law ministry had suggested that a woman be given a share in residential property of the husband, including inherited and inheritable premises, in case of divorce, while the ministry of women...
More »
