-The Economic Times The Supreme Court has asked the government to implement the ambitious interlinking of the rivers project in a time-bound manner to tackle drought and flood in various parts of the country. The court also appointed a high-powered committee for planning and implementation of the project. A bench comprising Chief Justice SH Kapadia, Justice AK Patnaik and Justice Swatanter Kumar on Monday said the Centre and concerned state governments should...
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Small loans add up to lethal debts by Erika Kinetz
-AP The microFinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...
More »Reel lessons on net worth by Amit Gupta
Watch a film, get entertained. Well, if it is IIM-Ranchi, you get business ideas, a certificate from the B-school and market linkage from Nabard. Looking to develop reel lessons to transform real-life strugglers into successful managers, IIM-Ranchi is embarking on a unique project — named Barefoot Managers, the premier B-school will develop 15 short films on entrepreneurial literacy and screen one a day in front of semi-literate and low-income groups in...
More »Dispur claims better economy
-The Telegraph Dispur today said the state’s economy was “performing well” when the country’s overall growth rate was projected to be affected by the economic meltdown in Europe. The principal secretary of the state Finance department, Himangshu Sekhar Das, said Assam had not borrowed any money from the market in the current fiscal (2011-12) and its tax collection had recorded an increase of 33 per cent, most of which had come from...
More »Poverty high in south, north of Odisha: Report
-Pragativadi The extent of the poverty in southern and northern region of Odisha is still high and remains a matter of concern even as the poverty percentage points reduced to 29.69 per cent. According to the Odisha Economic Survey, 2011-12 report, even after sixty-four years of independence, Odisha has witnessed wide regional and social disparities in development. All regions have not developed uniformly so far. The annual report, which was circulated in the...
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