-PTI Mamata had said that co-operative banks would not be allowed to attach properties of farmers for loan recovery in cases of default Refinance institution Nabard today said it would oppose any amendment to West Bengal Cooperative Societies Act of, 2006 as suggested recently by state Chief Minister Mamata Banerjee. "If the West Bengal government goes ahead with amending the Act without informing Nabard, then we will oppose it," National Bank for Agriculture...
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Poverty drives former national archer to sell bow by Ipsita Pati
To make ends meet and support her family, former national archer Nisha Rani Dutta has been forced to sell her silver bow for a measly Rs.50,000. The 21-year-old archer hails from Pathmada village in Jamshedpur district of Jharkhand and left the sport two years ago due to financial constraints. Her achievements include a silver medal at the 2008 South Asian Championship in Jharkhand, bronze at the 2006 Bangkok Grand Prix and...
More »Strong India, China growth reduces world poverty
-IANS The percentage of people living in extreme poverty declined from 52% in 1981 to 22% in 2008 thanks to strong economic growth in the emerging markets of India, Brazil and China, according to a new report. This means that the Millennium Development Goal of cutting extreme poverty in half by 2015 has already been met, US think tank Hudson Institute's Centre for Global Prosperity's (CGP) annual Index of Global Philanthropy and...
More »Will farmers be able to reap the benefit?-Dharmendra Jore
The state government has proposed to spend more than Rs7,300 crore on the ailing agriculture sector — in desperate need of assistance after registering negative growth in the previous financial year — and on irrigation. However, this may not translate into direct assistance to farmers. Moreover, this year’s state budget continued to neglect dry land farming – which is of serious concern in view of erratic weather conditions – and has...
More »World Bank to infuse $152m to boost UP’s ailing health sector
-The Times of India In a bid to induce a fresh life into the ailing health services delivery system in Uttar Pradesh, the World Bank has signed a $152 million deal with the Central and UP governments. The funds will be used to finance the government's efforts to improve the efficiency, quality, and accountability of health services in the state. The project, called the Uttar Pradesh Health Systems Strengthening Project (UPHSSP) for...
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