The Bill to regulate Microfinance Institutions tabled in the Andhra Pradesh assembly on Friday has upset the Microfinance institutions (MFI) network, who say their concerns have not been addressed and that may force them to shut operations in the state. "Repayment has fallen drastically and so we are not in a position to continue operations in Andhra Pradesh unless the situation is remedied," said Vijay Mahajan, President, Micro Finance Institutions Network. The...
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CM’s dream: Bihar food on all platters
Chief minister Nitish Kumar dreams big. His latest wish is to boost the agricultural output of the state to such an extent that every person in this nation has at least one food item from Bihar on his or her platter.“I want to take Bihar to the pinnacle. I dream of a day when every people in this nation will have at least one food item in their dish or...
More »UP agri sector in for major credit flow during FY12 by Virendra Singh Rawat
Total credit potential estimated at over Rs 65,000 croreThe agriculture and allied sectors in Uttar Pradesh are in for a major boost during the period 2011-12 with the total credit potential in the farm and non-farm segments pegged at Rs 65,440 crore for the next financial year.This would be a jump of more than 20 per cent over state credit target estimated for the current financial year at Rs 54,000...
More »Rehabilitation of Manual Scavenging
The Employment of Manual Scavengers and Construction of Dry Latrines (Prohibition) Act, 1993 enacted by Parliament prohibits manual scavenging. As per the Act, no person shall (a) engage in or employ for or permit to be engaged in or employed for any other person for manually carrying human excreta; or (b) construct or maintain a dry latrine. Contravention of these provisions is a criminal offence. So far, the Act has...
More »Ryots' woes high on Assembly agenda
In a show of unanimity, the government and the Opposition parties have decided to set aside the question hour and take up a short discussion on farmers' problems on the opening day of the short session of the Legislature beginning here on Friday.The Assembly session will last till December 16, that is sittings for just six days. At a meeting of the Business Advisory Committee (BAC) held here on Thursday,...
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