-Deccan Herald The very first announcement made by Chief Minister Siddaramaiah on taking charge as the new CM is that the unit system under the Public Distribution System (PDS) would be scrapped and 30kg of rice at Re 1/kg would be given to each Below Poverty Line (BPL) household, irrespective of the size of the family. This is estimated to cost Rs 2,373 crore a year, almost double the estimated Rs 1,200...
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Women SHGs to get loans at lower rates - Elizabeth Roche
-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...
More »Mamata Banerjee seeks to blame Centre for chit fund scam
-PTI Kolkata: West Bengal Chief Minister Mamata Banerjee, who has sought to blame the Centre for the chit fund scam, has claimed that the central government reduced the rate of interest in small savings to drive depositors towards ponzi schemes. "It is because the Centre has reduced the interest rates in small savings in the post office, poor people and those who have retired keep their money in these chit funds with...
More »Succumbing to the bogey of fear -Anup Surendranath
-The Hindu In the Bhullar case, the Supreme Court has created a category of ‘terrorists' among those sentenced to death without providing a constitutional basis for it Writing on extra-judicial killings in the Economic and Political Weekly in March 1996, K.G. Kannabiran narrated a very interesting anecdote from his experience on the Civil Rights Committee appointed by Jayaprakash Narayan to investigate fake encounters orchestrated during the Emergency against naxalites. While interacting with...
More »Ajay Maken ticks off Chavan, tells him to stop slum demolition
-The Hindu Mumbai: Union Minister for Housing and Urban Poverty Alleviation Ajay Maken on Tuesday wrote to Maharashtra Chief Minister Prithviraj Chavan, asking him to stop demolition of the houses of slum dwellers, after a delegation of the National Alliance of People's Movements headed by Medha Patkar met him in New Delhi. He asked Mr. Chavan to see that the Rajiv Awas Yojana (RAY) was implemented with much more enthusiasm and in...
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