Chennai comes up with innovative ideas. ‘Prime Point,' set up by a gentleman known in true Tamil Nadu-style as ‘Prime Point Srinivasan,' has instituted a set of awards for parliamentarians called Sansad Ratna Awards. ‘PP' felicitously chose Ambedkar Jayanti for the conferment ceremony this year and conferred the honour on four MPs: Anand Rao Adsul — Number 1 in Questions (754). The total tally of debates, private bills and questions raised...
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Banks asked to roll out new farm loan products-Dinesh Unnikrishnan
The finance ministry has asked public sector banks to devise products for Indian farmers to ensure they get adequate funding in emergencies. The government, the majority owner of such banks, wants them to roll out products such as emergency loans to farmers that will be linked to savings accounts, a weather index-based insurance product, and set up a credit guarantee fund that will aid farmers in the event of crop losses...
More »National Rural Mission to link one woman from every poor family to SHGs
-The Hindu “Need for regulatory space for MFIs so they function without affecting SHGs” The National Rural Livelihood Mission (NRLM) would connect at least one woman from every poor household across the country with self-help groups (SHGs) in five years, Union Minister of Rural Development Jairam Ramesh said on Friday. “The objective of the programme is to ensure that in a five-year period one woman from every poor household becomes a member of...
More »More Benefit than Cost-Alaka M Basu
For women, the NREGA would bring important social gains Not being an expert on the subject and too lazy to read all the fine print, I do not know the exact allocations under the Mahatma Gandhi National Rural Employment Guarantee Act this year. But I gather the money has been cut down, largely because the sums allocated last year were not fully used by most states. Maybe there were other considerations...
More »Budget 2012-13: Education Highlights
-The Times of India Many feel the Budget is positive for the education sector, with good amounts allocated to higher education and school education exempted from service tax Pranab Mukherjee, finance minister, presented the Union Budget for the year 2012-13 on Friday, with reference to the state of the global economy and its impact on India. The Budget seems positive for the education sector, with good amounts allocated to higher education and...
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