-The Hindu To the long list of 28 Public Sector Banks in India, one more was added with the inauguration of the Bharatiya Mahila Bank (BMB) on Tuesday by Prime Minister Manmohan Singh. The bank is unique in more ways than one. It will focus predominantly on women, apart from being staffed largely by them. To the BMB will go the distinction of being the first-ever public sector bank to...
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Nabard to ensure fast funds to states battling storage crisis
-The Economic Times KOLKATA: Eastern and North Eastern states, which grapple with acute storage deficit, will get a priority in fund allocation for setting up warehouses, National Bank for Agriculture and Rural Development (Nabard ) said. States with food deficits like Jammu and Kashmir will also receive a priority treatment. The government has directed Nabard to treat these states favourably to cut farm losses amid implementation of the world's biggest population feeding...
More »Direct cash transfers: 'The previous system was so much more convenient' -Ruhi Tewari
-The Indian Express Rajasthan/ Delhi: Three states where the UPA govt has rolled out direct cash transfers go to polls later this year. On the ground, the scheme has not quite turned out the game-changer the government reckoned it would. A frail Gori Sahaab, 90, instructs his son to pour mustard oil into a tiny diya in his one-room house. He once used a kerosene lamp but has stopped buying that fuel....
More »A lifeline that rural India cannot do without -Raman Kataria and Yogesh Jain
-The Hindu The huge deficit in blood availability outside urban centres must jolt the government into legalising unbanked blood supply Twenty-year-old Putul, living in a village 70 km from a district headquarters town in Chhattisgarh, had been in labour for two days and a night. It was her first pregnancy. In order to hasten labour, the local quack administered several injections that increased her uterine contractions. Forty hours after the onset of...
More »Origins and reining in of sand mafias-Manoj Misra
-Down to Earth blog Simply put, the sand mafias originated because the sand business is low investment, low risk and high returns, notwithstanding few roadblocks like Ms Durga Shakti Nagpal or the media taking up her cause as a cause celebre! For they know well that with raw material (sand) in easy reach and end user (realty sector) little bothered wherefrom or legality of the ware, business as usual, no matter, shall...
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