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Gujarat Congress promises 100 yard plots, soft loans for rural poor

-The Business Standard The Gujarat Pradesh Congress Committee (GPCC) on Wednesday announced that it would provide 100 yard plots to landless and homeless families in rural areas of the state, if the party was voted to power during the assembly elections to be held in December this year. This announcement is part of the Congress's poll campaign 'Gujarat Praja Vikas Darshan 2012'. GPCC president Arjun Modhvadia said claimed that the Narendra Modi...

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We'll make a killing out of food crisis, trading boss boasts-James Cusick

-The Independent Drought is good for business, says Glencore chief The United Nations, aid agencies and the British Government have lined up to attack the world's largest commodities trading company, Glencore, after it described the current global food crisis and soaring world prices as a "good" business opportunity. With the US experiencing a rerun of the drought "Dust Bowl" days of the 1930s and Russia suffering a similar food crisis that could see...

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PSU Bank Employees Go On 2-Day Strike

-PTI Employees of public sector Banks have gone on two-day nationwide strike today opposing banking sector reforms and outsourcing of non-core activities, affecting operations. Several private sector Banks, foreign Banks and ATMs, however, continued to operate normally. The strike call was given by the United Forum of Bank Unions (UFBU), an umbrella organisation of nine unions of employees and officers of PSU Banks. They are protesting against banking sector reforms and unilateral implementation of...

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UIDAI hopeful of covering 40 cr. people in two years: Nilekani

UIDAI chief holds discussions with Kiran on project’s progress The Unique Identification Authority of India (UIDAI) is hopeful of covering another 40 crore population under the Aadhar cards in the coming two years. UIDAI chairman Nandan Nilekani said the authority had taken steps to address the shortcomings like duplication and fake enrolments identified during the first phase and efforts were underway to develop Resident Database in all States. Mr. Nilekani told reporters after...

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34% increase in deposits at rural Banks-Jaideep Deogharia

-The Times of India RANCHI: If deposits in Banks are indicative of prosperity of a region, Jharkhand villages have been blazing quite a trail over the past couple of years. The volume of money deposited with rural bank branches witnessed a whopping 34% increase over the last fiscal as against increase of mere 19% in the urban bank branches. With emphasis on financial inclusion, linking MGNREGA wages with bank accounts and...

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