-PTI The World Bank has praised India's evacuation of nearly 10 lakh people in Odisha and Andhra Pradesh, which ensured minimal loss of human lives, before the cyclone Phailin made landfall and attributed it to its years of disaster management preparedness. "Successfully evacuating a million people is not a small task. This cannot be merely achieved by kicking the entire state machinery into top gear for three-four days following a cyclone warning,"...
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Solar energy startups out to power rural India with cost-effective and less toxic solutions -Biswarup Gooptu
-The Economic Times NEW DELHI: Numerous solar energy startups are delivering cheap and accessible power to rural India. These ventures have come up with solutions - ranging from solar off-grids to solar-powered home systems - that are not just cost-effective but also less toxic than traditional fuels like kerosene. "In a country, where large swathes of population have little or unreliable access to basic power, off grids is the solution," said Shyam...
More »Planning Commission finalises PPP tribunal bill draft -Yogima Seth Sharma
-The Economic Times NEW DELHI: Four months after the proposal was first mooted, the Planning Commission has finalised the draft of a bill that seeks to set up a tribunal to resolve disputes arising in public-private partnership (PPP) projects. The commission presented the draft of the dispute resolution bill to the Prime Minister's Office last week, a senior official at the commission told ET. "We have sent the final draft to the PM...
More »NABARD now offers loans to corporate sector-Nagesh Prabhu
-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
More »Debts killed 1.98 lakh farmers in a decade: Report -Chetan Chauhan
-The Hindustan Times About 1.98 lakh farmers committed suicide in India between 2001 and 2012 as the benefits of high growth failed to trickle down to the rural areas, says the India Rural Development Report 2012-13 released on Thursday. Indebtedness and lenders confiscating land have been attributed as the main causes of the farmers' deaths. Around two-third of the farmer suicides were reported from Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh and Chhattisgarh. Depicting the...
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