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‘Poor in India are ethical... we must lend more to the poor’

-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking Banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...

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Delhi Metro workers losing crores in wages -Anumeha Yadav

-The Hindu Allotted fake Provident Fund accounts by contractors Workers hired through multiple contractors by the Delhi Metro Rail Corporation (DMRC) here have alleged that companies have been denying them their minimum wages and have allotted fake Provident Fund and health insurance accounts to siphon off their money. Questioned about this, officials said that while they were aware of the workers’ complaints, they had not yet blacklisted any company, despite the fact that...

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Dengue cases cross 600 mark

-The Hindustan Times Delhi reported 32 new cases of dengue on Saturday, taking the total number of patients to 617. The actual cases may be more than double, as the figure of positive dengue cases given by private hospitals is much higher than what the civic bodies have been reporting. Municipal officials argued that most private hospitals don't perform the mandatory IgM Capture Elisa test. "As per government of India rules, a case is...

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PM Honours Officials for Promoting Effective Governance

-Outlook Dudu (Rajasthan): Prime Minister Manmohan Singh today honoured officials for their outstanding performance with innovative approach towards leveraging 'Aadhaar' to improve the services delivering for more transparent efficient and effective governance. The officials were honoured on the occasion of the launch of 'Aadhaar-enabled service delivery system' here in the presence of UPA Chairperson Sonia Gandhi. Amitabh Kaushal- Deputy Commissioner, Ramgarh District, Jharkhand was awarded the first prize under the 'Aadhaar Governance Awards'. He...

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By July, cash transfers for cooking gas -Siddharth

-The Times of India Come July and you will have cash equivalent to your cooking gas subsidy in your bank account, marking the biggest shift in delivery of handouts which could help government curb leakages and reduce the strain on public finances. The switch is part of the ambitious three-phase deadline set by Prime Minister Manmohan Singh to make the "kind-to-cash" transition based on the Aadhaar numbers. At a meeting chaired by Pulok...

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