-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
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Fear of nuclear disaster has no basis: court-J Venkatesan
-The Hindu The Supreme Court on Monday said there is no basis to the fear that the radioactive effects of the Kudankulam nuclear power plant, when commissioned, will be far reaching. A Bench of Justices K.S. Radhakrishnan and Dipak Misra said: "We are convinced that the KKNPP design incorporates advanced safety features complying with the current standards of redundancy, reliability, independence and prevention of common cause failures in its safety systems....
More »Food Bill moved despite ruckus in Lok Sabha-Vinay Kumar
-The Hindu Bill represents a shift from welfare-based approach to a rights-based one:Food Minister Amid the Opposition uproar in the Lok Sabha over allegations of corruption in the UPA government, the National Food Security Bill was taken up for consideration on Monday. When, after frequent disruptions, the House reassembled at 3 p.m., Girija Vyas, who was in the Chair, announced that the House would take up for further consideration the motion moved by...
More »Food Bill amendments swept aside by political storm
-Deccan Herald In an attempt to send a strong message that it is serious in legislative business, the government on Thursday introduced amendments to the landmark Food Security Bill in the Lok Sabha, amid disruptions of proceedings by the Opposition over the killing of Sarabjit Singh in Pakistan and other issues. Food Minister K V Thomas moved amendments to the National Food Security Bill, which was originally introduced in Parliament in December...
More »In story of Saradha's crores, Bengal's forgotten hundreds -Madhuparna Das
-The Indian Express West Bengal is not new to chit fund scams. What is unique to the Saradha Group scandal is how it targeted the poorest and the most marginalised, leaving them on the verge of devastation. From 17-year-old agents who raised money from depositors to 50-year-old widows who invested money, the Saradha Group didn't discriminate in roping them in. Since the house of cards started collapsing, two agents and two...
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