The National Bank for Agriculture and Rural Development (Nabard) set up to finance agriculture and rural development, has been giving evasive replies to specific questions raised by the Union finance ministry and by Parliament on the nature of recommendations made by the Boston Consulting Group (BCG) to restructure the bank. Some MPs believe that the restructuring violates the role mandated for Nabard by Parliament. DNA earlier reported that the restructuring/repositioning of Nabard...
More »SEARCH RESULT
Total Matching Records found : 324
Development and security are integral to each other, says Jairam Ramesh-Ipsita Pati
Action plan proposed to improve rural connectivity for fighting extremism Rural Development Minister Jairam Ramesh on Monday said development and security were integral to each other, like strands in a single fabric. He was speaking in the context of the proposed Sarju Area Development Action Plan (SADAP), which is similar to the Saranda Action Plan (SAP) that was started six months ago in the Chibasa district of Jharkhand to combat the extremist...
More »Rural purchasing power waning on inflation, rising input costs-Heena Khan
But non-farm income keeps economy afloat New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...
More »Govt trying to settle NREGA wage issue-Devika Banerji
The Centre is keen to resolve differences with rights activists over the remuneration under its flagship rural job guarantee scheme, which can potentially save it from paying 7,000 crore in arrears to states that have higher minimum wages. Wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have risen for all states after the government made adjustments for price rise last month. But despite the revision, the payout is...
More »Mamata's mantra: divide and rule-Ajitha Menon
-The Hoot The West Bengal Chief Minister has made it clear that any public voice of dissent would be curbed by whatever means required. “If required, I will tell the people which newspapers to read in future”: this gem of an announcement was made by West Bengal Chief Minister Mamata Banerjee in an interview given to selected news channels recently. Giving interviews to a chosen few, especially those who would not dare...
More »
