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Orissa Cong panel alleges corruption in Central schemes in Nabarangpur district by Basant Rath

To keep a check on the implementation of various Centrally-sponsored schemes, a meeting of the District Vigilance Monitoring Committee of the Congress was held under the chairmanship of local Congress MP Pradeep Majhi on Wednesday. District Collector Sibabrata Dash, PD, DRDA, Dhruba Charana Panchbhaya, Executive Engineers of RD, RWSS, SOUTHCO, AEs of PWD, MI and LI and other district officers, besides members of the committee,were present. Detailed discussions on the various Centrally-sponsored...

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Threats shadow activists by Pallavi Singh & Maitreyee Handique

At least 10 RTI applicants have been killed over the past two years, with many others facing threats in their bid to expose corruption On a Republic Day when India celebrated 61 years of justice, equality and liberty, Amar Nath Pandey says he encountered the darkest moment of his life. In late evening on 26 January, a lone assailant leaped from the folds of darkness in the street outside his house in...

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ADB plans to set up $250 mn guarantee fund for microfinance by Aveek Datta and Anup Roy

India’s microfinance institutions (MFIs), under pressure because of stricter rules in their largest market Andhra Pradesh and the consequent slump in repayments there, may get a boost from the Asian Development Bank (ADB). ADB is constituting a $250 million (around Rs1,135 crore) facility to offer guarantees against loans to MFIs extended by banks in the Asia-Pacific region where it operates, including India. The move is aimed at encouraging banks to lend...

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Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari

The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official. The upheavel in the micro-finance sector will also necessitate greater lending by banks. "The...

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Common concerns by Latha Jishnu

As the commons come under increasing assault, academics, practitioners and policymakers come together to devise ways to protect shared resources On a cold January night in Hyderabad, a fortnight ago, Jairam Ramesh, Minister for Environment and Forests, was led to an open-air dinner by folk drummers and body-painted tiger dancers as an appreciative audience of international academics and grassroots workers cheered and milled around him. Ramesh had become the toast of...

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