Agricultural credit flow by cooperative and public sector Banks exceeded the target by 13% in 2009-10 financial year. “The flow of credit to the agriculture sector increased significantly and Banks have surpassed the target by extending Rs3,67,000 crore worth of loan to farmers,” an Agriculture Ministry official informed. The Banks including public sector, cooperative and regional rural Banks (RRBs), were set a target to lend Rs3,25,000 crore of credit to farmers last...
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MP first state in the country to push for food security for the poor
The recent allegations made are uncalled for and can be seen as an attempt by bidders disqualified due to not fulfilling the tender requirements. Companies like Glodyne who have been crying foul did not even have an ISO certification to bid for the project and have failed miserably in states like Bihar to execute projects of nation building NREGA it took on. Other players included TCS and Aditya Birla Group...
More »Poor socio-economic infrastructure cause for Muslims' backwardness: Survey
Inadequate socio-economic infrastructure is the major cause for the backwardness of Muslims in 90 districts, which has a concentration of the community, across the country, according to a survey conducted by the Indian Council of Social Science Research (ICSSR). In its interim report submitted to the Union Ministry for Minority Affairs, the ICSSR said lack of access to educational institutions, inadequate number of educational institutions, a low literacy rate among parents...
More »Honour killings: notice issued to governments by J Venkatesan
The Supreme Court on Monday issued notice to the Centre and eight States for a direction to explain the steps taken to prevent honour killings at the national level and in the respective States. A vacation Bench comprising Justice R.M. Lodha and Justice A.K. Patnaik, after hearing counsel Ravi Kant, issued notice to Haryana, Punjab, Bihar, Uttar Pradesh, Jharkhand, Himachal Pradesh, Rajasthan and Madhya Pradesh asking them to respond to the...
More »Pulled by demand
Batten down the hatches? Pull out all the stops? It might be difficult to find the cliché that adequately emphasises the urgency with which the government needs to tackle inflation. The worry is not just that May inflation was in double digits (10.16 per cent). It is also a fact that prices of commodities other than food are now beginning to gallop. Inflation in non-food manufactured products (often referred to...
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