Bhisham Singh Yadav, father of the groom, is stressed. His rented Lexus got stuck behind a bullock cart. He has hired a truck to blast Hindi pop, but it is too big to maneuver through his village. At least his grandest gesture, evidence of his upward mobility, is circling overhead. The helicopter has arrived. Mr. Yadav, a wheat farmer, has never flown, nor has anyone else in the family. And...
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Rajasthan gets nearly 20% of FY10 NREGA funds by Ruhi Tewari
The state has received Rs 5,942 crore, or 19% of the total Rs 31,149 crore released by New Delhi this financial year, it is followed by UP, allocated Rs 4,726 crore, or 15% and Andhra Pradesh, with Rs 3,781 crore, or 12% Rajasthan remains the top beneficiary of funds released by the Congress-led United Progressive Alliance government for its flagship income generation scheme. The state has received Rs 5,942 crore, or 19%...
More »Income ceiling for low-cost housing loans increased by Aarti Dhar
The government has increased the income ceiling a month a household for housing loans from the existing Rs. 3,300 to Rs. 5,000 for the economically weaker sections (EWS) category and from Rs. 3,301 — Rs. 7,000 to Rs. 5,001 — Rs. 10,000 for the Lower Income Groups (LIG). The revised ceilings will be applicable for definition of beneficiaries under government schemes for housing including the Interest Subsidy for Housing the Urban...
More »Our whole country loses if women and girls are unable to fulfil their potential by Ela Bhatt
Many of our politicians would still rather ignore the informal sector and the women who form its backbone. They do so at our peril. India is undergoing enormous change. In a very short time, many Indians have become much richer, and our country is now often described as a “world player” economically and politically. Despite this transformation, our rich history, culture and traditions rightly remain important. Indeed, our success rests...
More »Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
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