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The power of Cash incentives

The Janani Suraksha Yojana, a path-breaking conditional Cash transfer initiative launched in 2005 to encourage deliveries at government health care facilities, has achieved some of its goals. It was launched at a time when India accounted for 20 per cent of maternal and 31 per cent of neonatal deaths in the world. Benefits started accruing a year after the scheme came into operation — the number of deliveries in government...

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Food, fuel inflation ease in early June

India’s food and fuel price inflation eased in early June, easing pressure on Reserve Bank of India (RBI) to speed up its process of tightening monetary policy. India’s food price index rose 16.12% in the year to 5 June, snapping a two-week rise, and lower than the previous week’s annual reading of 16.74%, government data released on Thursday showed. The fuel price index climbed 13.18%, compared with an annual rise of 14.23%...

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Rs 13 cr recovered from scam suspect's relative

Central Bureau of Investigation (CBI) sleuths on Tuesday seized Rs 13.05 crore in Cash stacked in sacks and boxes from the house of a relative of a scam-accused official in Guwahati. The house, in Assam's main city, is owned by Amjad Hussain, brother-in-law of RH Khan, one of the main accused in the multi-million rupee financial scam in Assam's North Cachar Hills district. Khan, a deputy director in the state social welfare...

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In Andhra's Nizamabad, all that glitters is turmeric by B Krishna Mohan

Turmeric has reaped gold in Andhra Pradesh's Nizamabad district. Turmeric farmers B Pedolla Chinnaya and Badam Maruthi are celebrating their new prosperity at the local auto dealer. While Mr Chinnaya has plumped for a Hyundai Santro, Mr Maruthi has used his Cash bonanza on namesake Maruti Swift. Chinnaya and Maruthi belong to Ergatla village where each has about four acres of land. While Chinnaya has made Rs 9 lakh from 90 quintals...

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No hike in support price for cotton

The reported decision of the Cabinet Committee on Economic Affairs taken at a meeting, chaired by Prime Minister Manmohan Singh, to keep the minimum support price of cotton unchanged for kharif season 2010-11 has left three million growers of the state unhappy. Vidarbha Jan Andolan Samiti president Kishore Tiwari said, "The prices were last revised in 2008-09 and during election year it were raised to Rs 3,000 a quintal more...

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