-The Times of India The Reserve Bank of India having opened the window for new bank licences, the postal department is finalizing the blueprint to set up a bank of its own at your neighbourhood post office, a move that will challenge the dominance of large public sector lenders in smaller towns and rural India. While the department already has a balance sheet of Rs 6.18 lakh crore, which includes deposits of...
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Cabinet approves Rs.38,500 cr rural road development plan-Elizabeth Roche, Aman Malik and Ragini Verma
-Live Mint Proposal aimed at beefing up security, besides making sure development reaches neglected parts of India A day after the government pledged the partial decontrol of sugar in the next fortnight, the Union cabinet on Thursday approved a set of significant measures aimed at tackling Maoist insurgency and asserting its strategic hold over an area claimed by neighbouring China. The measures approved involve upgrading rural road connectivity with special emphasis on...
More »Socialism, Cash Down-Uttam Sengupta and Arindam Mukherjee
-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer? State-Wise 40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore) 20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out 55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...
More »Wal-Mart probing charges of bribery in India
-The Times of India Retail giant Walmart has disclosed that it is investigating alleged violations of the US anti-bribery law in India, China and Brazil. The development could trigger fresh opposition to the opening up of the domestic retail market to global companies. The disclosure is likely to provide ammunition to political parties that are planning to corner the government on its decision to allow FDI in multi-brand retail when Parliament reconvenes...
More »United to save her -Aarti Dhar
-The Hindu The local community, especially men, have been roped into a project in 22 Maharashtra villages to stop female foeticide and discrimination against the girl child In India, the irony never ceases. While the country venerates several female deities of wealth, learning and valour, it also practises blatant discrimination against the girl child. Going by statistics revealed by the census and various government as well as independent studies, it has been...
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