-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
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States advised to add rain shortfall in MGNREGS budget -Ruchika Chitravanshi
-The Economic Times New Delhi: The government has asked 25 states that received less than 75% rainfall during the monsoon to factor in the deficit while preparing the labour budget for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in FY18. According to data analysed by the agriculture ministry, 155 districts in 25 states received less than 75% of the long period average rainfall between June and September 2016. States...
More »40% roads in India not metalled, 78% NHs have one or two lanes: data -Dipak K Dash
-The Times of India NEW DELHI: In a stark indication of how far India has to go in developing its highway network, latest official statistics reveal that around 78% of national highways are either one or two-lane affairs. One third are less than two lanes, making the task of four-laning India's economic lifelines a challenging endeavour. A report of the road transport and highways ministry also shows that nearly 40%, including rural,...
More »Govt to keep Aadhaar records for 7 yrs, prompts fears of surveillance -Aloke Tikku
-Hindustan Times New Delhi: The government will keep a record of all the services and benefits availed using the Aadhaar number for seven years, say new rules, prompting fears that the database could be used for surveillance. The Unique Identification Authority of India (UIDAI), which issues the 12-digit biometric identity to all Indian residents, will be required to preserve its record of verification of an Aadhaar number for the duration. “This is an...
More »Rural inflation surges ahead of urban price rise -Surabhi
-The Hindu Business Line Retail inflation worrisome on regional variations and transportation challenges New Delhi: Retail inflation may have eased to a 13-month low of 4.31 per cent in September, but surging prices continue to pinch the pockets of consumers in rural areas due to regional variations and transportation challenges. Though the consumer price index (CPI)-based inflation in rural areas fell to 4.96 per cent in September, against 5.87 per cent in August,...
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