-The Economic Times KOLKATA: West Bengal chief minister Mamata Banerjee's plan to start a savings scheme with the aim of protecting the poor from losing their money to deposit schemes that promise high returns will be going ahead with the Reserve Bank of India having cleared the participation of state-run banks in the programme. The state government is to launch the plan on November 6. State-run West Bengal Infrastructure Development Finance Corporation...
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Inflation in goods used by rich higher than those by poor: PHD
-PTI Inflation during the current festive season is impacting the rich more than poor as the goods used by them have seen a higher price rise a report by a industry body said. "The impact of price rise as measured by the Wholesale Price Index (WPI) is found higher on rich class at around 9.3 per cent as compared with the poor class at around 8.4 per cent," PHD Chamber of Commerce...
More »State seeks Rs 559cr for houses-Bibhuti Barik
-The Telegraph Bhubaneswar: The housing and urban development department of the Odisha government has submitted a proposal of Rs 559 crore to the Centre for construction of houses in the Phailin and flood-ravaged Berhampur city. While the department has sought assistance of Rs 313 crore under the Rajeev Awas Yojana for rebuilding houses for the 13 seriously affected localities inhabited by slum dwellers, Rs 246 crore has been sought to provide sewerage,...
More »India among world economies at risk of climate change impact
-PTI LONDON: India is among the "extreme risk" countries of the world where economic impacts of climate change will be most keenly felt by 2025, according to new research released on Wedesday. Kolkata and Mumbai are among the cities where the economic exposure to the impacts of extreme climate related events will be highest over the next 30 years, the report found. The annual release of British risk consultancy Maplecroft's 'Climate Change and...
More »Nandan Nilekani hopes 60 crore Aadhar numbers would be issued by 2014
-PTI BANGALORE: UIDAI Chairman Nandan Nilekani expressed hope that the target of issuing 60 crore Aadhaar numbers would be met by 2014, saying so far 47 crore people have already received them. "We have issued 47 crore Aadhaar numbers till date and we will meet the target of 60 crore Aadhar enrolments by 2014," Nilekani told reporters here at an event organised by NASSCOM. Nilekani said currently the Unique Identification Authority of India...
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