-The Hindu Private companies get loansat 6.5% with additional cash refunds; for farmers it is 7% The National Bank for Agriculture and Rural Development (NABARD), which is dedicated to promoting rural development by providing soft loans to State governments for social sector projects, has given hundreds of crores as loans to corporates on concessional terms. In the Union Budget of 2011-12, Rs. 18,000 crore was allocated by the Centre to NABARD’s Rural Infrastructure...

-The Financial Express The massive scale and complexity of major subsidy schemes are likely to delay the ambitious plan of limiting state subsidy on food, fertiliser and petroleum products only to the poor by directly transferring cash to their bank accounts using a unique identity number (Aadhaar). While other cash payments like pension, scholarship, wage under rural job guarantee scheme can be transferred directly to the beneficiary’s bank account, it is difficult...

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

-The Hindu Health sector outlay tripled to Rs.3-lakh crore Prime Minister Manmohan Singh said on Saturday that the allocation for the health sector during the 12th Plan had been increased three times over the previous Plan allotment to address complex challenges. The outlay in the 12th Plan had been fixed at Rs. 3-lakh crore, which was 1.95 per cent of the Gross Domestic Product. During the last Plan period, the sector had got...

-Live Mint The prime source of financing will be from general taxation or public exchequer, says Planning Commission Government-run hospitals may stop charging for primary services such as investigative tests as India attempts to provide universal health coverage to all its citizens. “No fee of any kind would be levied on primary healthcare services with the prime source of financing being from general taxation/public exchequer,” the Planning Commission says in its latest health...