Former MLA and haryana Vanchit Varg Sangharsh Samiti president Roshan Lal Arya on Sunday urged upon Congress president Sonia Gandhi to issue directions to the haryana Government to take special measures for the protection of Dalits and non-Jats of Mirchpur village in Hisar district, “who are being pressurised by the Jat community”. In a statement, Mr. Arya alleged that non-Jats in haryana were “facing threats” as the State Government was...
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The ugly underbelly of Microfinance by Roli Srivastava, Swati Bharadwaj-Chand & Partha Sinha
SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...
More »haryana asks banks to reduce rate of interest
haryana Chief Minister Bhupinder Singh Hooda today said nationalised banks should reduce interest rates as has been done by state cooperative banks on short-term loans to small and marginal farmers in the state. This issue was raised with State Bank of India officers here today on the occasion of signing of Memorandum of Understanding (MoU) between Lakshya Food India and State Bank of India (SBI), an official release said. The...
More »Why rich Indians are malnourished too by Chandra Bhan Prasad
India is the world's 10th largest economy with a GDP of $3.57 trillion and $3,100 as per capita income. Sub-Saharan Ethiopia has the 79th largest economy, with $900 as per capita income. It's far behind India. Yet, Ethiopia and a handful of other sub-Saharan nations beat India in one of the most critical social indices – 35% children in sub-Sahara are malnourished and the figure jumps to 47% for India. Does...
More »India will add 17 lakh metric tons of food storage capacity within five years: Thomas
Minister of State for Agriculture and Food K.V Thomas on Friday said India will add 17 lakh metric tons of food storage capacity within a period of five years in order to prevent the rotting of food grains that are stored in the open. "We have the major proposal of establishing 17 lakh metric tons of new storage facility within a period of five years," said Thomas. The proposals were given by...
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