-The Economic Times The April 28, 2012, issue of The Economist has a story on India's solar power and mentions Charanka village in Patan district, Gujarat. Solar energy can be converted into electricity, using photovoltaics, or can be converted into heat. (There are other technologies too, but those aren't important yet.) So far, solar thermal, or heating, in India has essentially meant solar cookers and water heaters, though it needn't stay that...
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Mid-day meals: Centre asks States to adopt A.P. fund model by Aarti Dhar
With some States defaulting on payment of their share of funds for providing meals to children in government schools, adversely affecting the implementation of the Mid-Day Meal Scheme, the Centre has now asked all States to consider adopting Andhra Pradesh's model ‘Green Channel Scheme.' The A.P. model makes funds available throughout the year. “All States and Union Territories may take the lead from Andhra Pradesh and streamline the release of funds,”...
More »A very crooked line-Prahlad Shekhawat
It is worrying that the Tendulkar method, chosen by the Planning Commission to calculate the poverty line in its latest figures, underestimates the levels of poverty while overestimating poverty reduction. The figures show that 29.8% or 360 million Indians were poor in 2009-10 as compared to 37.2% or 400 million in 2004-05. A poor person has been defined as one who spends R28 per day in urban areas and R22.5...
More »CAG slams Modi regime for financial irregularities by Manas Dasgupta
The Comptroller and Auditor-General has slammed the Narendra Modi government for financial irregularities, particularly for mismanagement of public sector undertakings, resulting in losses of over Rs. 16,000 crore. It has come down heavily on the state-owned Gujarat State Petroleum Corporation (GSPC) for extending “undue benefits” to the Chief Minister's “favoured few,” mainly Adani Energy and Essar Steel companies, which coupled with its poor management and faulty agreements on exploration of oil...
More »Small farmers still excluded from formal financial channels
-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
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