The Communist Party of India (CPI) state secretary, Dr K. Narayana, has demanded that the government impose ban on micro finance companies (MFCs) to prevent escalation of suicides in villages. Speaking to reporters here on Friday, he alleged that the government-created poverty has been forcing the farmers and various sections of the society to end their lives and the toll will rise if the MFCs are allowed to continue. He alleged...
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BJP MP threatens to distribute foodgrain among poor, arrested
BJP’s Rajya Sabha MP and former member of the Punjab State Human Rights Commission Avinash Rai Khanna was arrested on Friday and later released by Hoshiarpur police for leading a march to the godowns of Food Corporation of India (FCI) in New Grain Market. Khanna had announced that he would pick the grains from the godowns of FCI in the grain market and distribute it among the poor. A large number...
More »Open to scrutiny by V Venkatesan
A landmark ruling by the Central Information Commission raises hopes that government functioning will become more transparent. ON August 30, a three-member Bench of the Central Information Commission (CIC), New Delhi, gave a ruling that has the potential to bring under public scrutiny crucial aspects of the functioning of the Central and State governments that have remained hidden from the public glare all these years. The Bench, comprising Chief Information...
More »India to invest Rs 15,000 crore on rural network
India has chalked out an ambitious plan to connect all the villages through telephony and Internet at an investment of Rs 15,000 crore, Sam Pitroda, an adviser to Prime Minister Manmohan Singh , said today. "A note for this investment will be sent to the CABinet very soon," Pitroda, adviser to the Prime Minister on Public Information Infrastructure and Innovations, told reporters here. The investment would come from Rs 24,000 crore accumulated...
More »Six ministries to decide on FDI retail by Anindya Upadhyay
An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...
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