-Outlook Shimla: National Agriculture Bank And Rural Development has launched a Warehousing Scheme (NWS) to advance loans to Public and Private sector for creation of storage infrastructure with a corpus of Rs 5,000 crore during 2013-14. "A dedicated scheme for providing assistance for creation of storage infrastructure with a corpus of Rs 5,000 crore has been introduced, pursuant to announcement made by Union Finance minister in current year's budget and the scheme...

-Outlook New Delhi: To ensure success of its new food laws, government today allowed construction of intermediary godowns under employment guarantee scheme MGNREGA and has allocated Rs 450 crore for creating 15 lakh tonne of storage capacity across the country by March-end. The decision has been taken in view of slow progress in the construction of intermediary godowns by state governments at a time when the government is in a hurry to...

-IANS BHUBANESWAR: The severe cyclonic storm 'Phailin' over the Bay of Bengal has gained strength, and intensified further, officials said Friday as it moved towards Odisha and Andhra Pradesh coast. The storm over east central Bay of Bengal moved westwards, slightly intensified further and lay centred about 590 km south-southeast of Paradip in Jagatsinghpur district and 600 km southeast of Gopalpur in Ganjam district, S.C. Sahu, director of Bhubaneswar meteorological centre said. It...

-Outlook Bhubaneswar: Rejecting a UN panel recommendation for halting POSCO's port-to-steel plant project, both the Republic of Korea and the Odisha government today exuded optimism to go for the ground-breaking ceremony of the proposed facility near Paradip early next year. "We are happy that the state government has acquired the land required for POSCO project. I hope everything will be ready and the POSCO project work will start soon," Korean ambassador Joon-gyu...

-The Times of India NEW DELHI: President Pranab Mukherjee on Thursday sought clarifications from senior Cabinet ministers on the justification for bringing an ordinance that allows convicted lawmakers to hold on to their seats in Parliament and state legislatures. The President, who was forwarded the ordinance cleared by the Cabinet on Tuesday, sought clarifications separately from home minister Sushil Shinde, parliamentary affairs minister Kamal Nath and law minister Kapil Sibal. The inquiry came...