-NDTV Telangana government had coached children from underprivileged backgrounds, who were students of free government schools. Now they will go to IIT and NIT. Hyderabad: Marginal farmers, labourers, orphans, Dalits and tribals - nearly a hundred children from very underprivileged backgrounds have made Telangana proud this year. With special coaching from free government schools, 27 of them have cracked the entrance examination for the prestigious Indian Institutes of Technology. The other...
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Is India faced with a 3.1 lakh crore farm-loan waiver? And will it help?
-IANS As demands for farm-loan waivers grow across Punjab, Haryana, Tamil Nadu, Gujarat, Madhya Pradesh, and Karnataka -- after Uttar Pradesh and Maharashtra wrote off loans worth Rs 36,359 crore and Rs 30,000 crore, respectively -- India faces a cumulative loan waiver of Rs 3.1 lakh crore, or 2.6 per cent of its GDP in 2016-17. A waiver of this scale could pay for the 2017 rural roads budget 16 times over...
More »No clear-cut trend in economy going cashless
Paytm's founder Vijay Shekhar Sharma was in the news recently for signing a deal to purchase a Rs. 82 crore worth property in Lutyens’ Delhi. He is credited with the growth of Paytm's mobile wallet services, which is currently being used by over 220 million users across the country. Although Paytm was launched in 2010, the popularity of its mobile wallet services and payment gateway among the ordinary citizens grew...
More »In putting Nikhil Dey in jail, we are crucifying our best -Shailesh Gandhi
-Governance Now ‘They can’t convict Kalmadi, Vadra, Lalit Modi, Mallya; but will convict transparency advocates’ I am reminded of what my teacher had told me in school: “When a society wishes to blatantly show how unjust it can be, it will crucify the best.” On June 13 when I heard about the conviction of four of the nation’s transparency champions who have given their entire lives to promoting transparency and empowering the...
More »Cabinet clears 5% interest subvention for crop loans
-The Hindu Scheme will continue for one year, be overseen by NABARD Amid growing protests over farm sector distress, the Cabinet has approved the extension of the interest subvention scheme for farmers to 2017-18. Short-term crop loans up to Rs. 3 lakh will receive a subvention of 5%, effectively reducing the rate for farmers to 4%. The government has earmarked a sum of Rs. 20,339 crore for this. The interest subvention scheme will...
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