-Down to Earth This defies logic. Despite rapid economic growth, India has often been placed below sub-Saharan African countries that have very high number of malnourished children. But the government has no data to clarify its position. In the first week of September, Parliament’s Committee on Estimates criticised the government, saying: “The committee is surprised to note that in the modern era of Information and Technology, there is no recent official...
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Punjab smells profit in basmati -Gurpreet Singh Nibber
-The Hindustan Times Chandigarh: Punjab expects profitable basmati crop this kharif season. The price of Indian basmati already has touched $136 (`8,500) a quintal in the international market, lifting the rate in the state as well. In just 15 days into the harvest season, premium basmati is being lifted for `3,500 a quintal. Last year, the price was about `2,200. Basmati exporters have, so far, bought about 1-lakh tonnes of the product in...
More »NABARD now offers loans to corporate sector-Nagesh Prabhu
-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
More »Govt issues clarification on wage-material ratio under NREGA projects -Urmi A Goswami
-The Economic Times NEW DELHI: Keeping his promise to focus on creating durable assets under the UPA's flagship rural employment guarantee programme, rural development minister Jairam Ramesh has made changes to the programme's guidelines. In a letter sent to all chief ministers, Ramesh announced a clarification to the operational guidelines of the Mahatma Gandhi National Rural Employment Guarantee Act, which would allow for use of funds to create durable assets. The clarification relates...
More »Why the land wars won’t end-Anumeha Yadav
-The Hindu Most of the acquisitions by the Central government and public sector companies in the country's resource-rich State are under laws that bypass the new land Bill The UPA has claimed the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (LARR) Bill 2013 passed by both Houses will reduce forcible acquisition and help tackle Naxalism in mineral-rich areas. But with Coal Bearing Areas Acquisition and Development (CBA)...
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