-The Hindu Hyderabad: The Scheduled Castes (SC) and Scheduled Tribes (ST) sub-plans, for whose implementation the Government adopted a legislation recently, have finally been named "Indiramma Kalalu (dreams). The implementation of these plans is being launched formally by Chief Minister N. Kiran Kumar Reddy in West Godavari and Khammam districts on Friday, marking the celebrations of 106th jayanti of late Jagjivan Ram. The Government is taking pride that AP has emerged as the...
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President gives his assent to anti-rape bill
-The Times of India President Pranab Mukherjee has given his assent to the tougher anti-rape bill, bringing into force the new legislation which provides for stringent punishment for rapists and repeat offenders and makes provisions of strict punishment for offences like stalking, voyeurism, disrobing and acid attacks. Presidential assent to the Criminal Law (Amendment) Bill, 2013, came on Tuesday - just two days before the February 3 Ordinance on the issue was...
More »Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan
-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
More »Adani Power lifeline may set precedent -Utpal Bhaskar and Maulik Pathak
-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel situation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...
More »Cash transfer put off by at least 3 months -Subodh Ghildiyal & Mahendra Singh
-The Times of India The expansion of UPA's flagship intervention - direct benefits transfer (DBT) - is likely to be pushed back by three months, shrinking the window for fullscale implementation of the scheme that Congress sees as its trump card for the 2014 polls. The scheme to ensure delivery of cash subsidies and entitlements to bank accounts of beneficiaries was launched in January 2013. However, for the scheme to live up...
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