Yoga guru Baba Ramdev currently hitting headlines for his crusade against corruption and billions of dollars Indian black money stashed in Swiss and tax heaven Banks is a “big landlord”. The 47-year-old “Bal Brahmchari” Ramdev, who was born as Ramkrishna Yadav in Alipur village, district Mahendragarh (Haryana), ‘owns’ huge tracts of land, that includes 261.468 hectares (644 acres) , worth hundreds of crores at the current market rate, around his yoga...

-The Hindu   Madurai has been chosen as one among eight districts in the country by National Bank for Agriculture and Rural Development (NABARD) for implementing a micro pension project for the rural poor. As part of the launch preparations, a stakeholders' workshop was held here on Monday. Representatives of State Bank of India (SBI), Indian Bank, Canara Bank, Indian Overseas Bank (IOB), Tamilnad Merchantile Bank (TMB), Union Bank of India (UBI), Pandyan...

If nothing else, the Delhi police raid on Baba Ramdev's camp on Sunday has helped clear some confusion. The midnight swoop was unexpected, but we now know that the central government, which treated the yoga guru like an honoured state guest when he first arrived in Delhi, is his enemy. Congress leader Digvijay Singh has described Ramdev as a "thug" and a "fraud". In turn, Ramdev has accused the centre of...

-The Telegraph   Mamata Banerjee today provided a sneak preview of her land acquisition policy while announcing plans to build embankments in areas hit by Cyclone Aila in May 2009. She said her government would need to acquire 6,000 acres in the affected parts of the Sunderbans but stressed there would be no forcible acquisition, that market rates would be paid, and that each land-losing family would get a government job. Even before...

The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, Banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...