-The Hindu Madurai has been chosen as one among eight districts in the country by National Bank for Agriculture and Rural Development (NABARD) for implementing a micro pension project for the rural poor. As part of the launch preparations, a stakeholders' workshop was held here on Monday. Representatives of State Bank of India (SBI), Indian Bank, Canara Bank, Indian Overseas Bank (IOB), Tamilnad Merchantile Bank (TMB), Union Bank of India (UBI), Pandyan...
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Declaration of assets made compulsory in Assam by Sushanta Talukdar
Assam Governor J.B. Patnaik on Tuesday said the annual declaration of assets by Ministers, parliamentary secretaries and all officials would be made compulsory and the institution of Lokayukta would be strengthened in the State. In his customary address at the ongoing inaugural session of the 13th Assam Assembly the Governor also announced that four new services — Assam Rural Service, Assam Economic Service, Assam Revenue Service and the Assam Information Service...
More »Independent financial body to beset up to fund self-help groups: Sonia by K Balchand
The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...
More »Smart cards for NREGA workers by Sarat Sarma
The state government is introducing a slew of reforms in the rural development sector to ensure that centrally sponsored schemes are implemented in a more transparent, corruption-free and people-friendly manner. Talking to The Telegraph today, state rural development minister Rockybul Hussain said the reforms would include introduction of smart cards for registered job-card holders, streamlining of the social audit system at the grassroots level and initiation of tough steps against rural...
More »Coal smuggling engulfs job scheme by NK Agarwal
Who cares for a paltry Rs 100 per day clean pay from the government. If you are dealing in coal, a little more black in your pockets couldn't hurt. Job schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in Ramgarh district are floundering as labourers prefer to ferry coal for illegal traders, fetching them at least four times more wages. "I have no interest in job schemes initiated...
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