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PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs

-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...

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Green Tribunal acts: Bans diesel vehicles over 10 years old in Delhi, checks on builders

-The Indian Express New Delhi: In an order with wide-ranging ramifications, the National Green Tribunal (NGT) Tuesday passed a series of stringent directions aimed at curbing air pollution in Delhi, banning all diesel vehicles more than 10 years old from plying in the National Capital Region, and sought an immediate stop to all illegal construction activity. Picking up several points brought out in the ‘Death by Breath' series, an ongoing investigation by...

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Rs 2 to Rs 17: Rise in NREGS wages is no hike at all -Subodh Ghildiyal

-The Times of India New Delhi: Discharging its annual duty, the Centre has revised the wages under the job guarantee scheme that range from a minimum of Rs two to a maximum of Rs 17 for a day's labour. In percentage terms, the hike ranges between 2%-10%. Madhya Pradesh and Chhattisgarh stand at the bottom of the ladder with the hike under MGNREGA being a meagre Rs 2, increased from Rs 157...

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PMO tells Tribal Ministry: Sitting on projects is ‘lack of commitment’ -Jay Mazoomdaar

-The Indian Express A standoff between the ministries of tribal affairs and environment and forests over the issue of clearances has stalled three key projects, prompting Nripendra Misra, principal secretary to the Prime Minister, to intervene and question the delay. The projects, which are being tracked by the project monitoring group (PMG) of the cabinet committee on investment, are in three different parts of the country: the 2×500 MW project of...

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Mass exodus: 100,000 villagers migrate from Chhatisgarh in 3 years

-IANS RAIPUR: There's a deathly silence in many villages across Chhattisgarh these days. The houses are locked as entire families have left for greener pastures for want of work, despite Central government's rural job scheme and availability of rice at Rs1 per kg. "We (55 labourers and 15 children) are leaving for Faizabad (in Uttar Pradesh) where we will make bricks. The payment is Rs 400 for 1,000 bricks. Two labourers...

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