-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
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Vasundhara Raje turns to MGNREGA as hailstorms cause devastation of crops across 26 districts -Akshay Deshmane
-The Economic Times NEW DELHI: Rajasthan Chief Minister Vasundhara Raje, who had demanded scrapping of the MGNREGA last year, has now turned to the same law for helping her tide over a crisis. With hailstorms causing massive devastation of crops in 26 of the total 33 districts in early March - and Congress president Sonia Gandhi coming down to join protests against the state administration - among the multiple relief packages...
More »AAP budget paves way for subsidies, curbs spending
-The Times of India NEW DELHI: Promising to bring a full budget with plans and schemes based on public suggestions around May, the Aam Aadmi Party government on Tuesday sought a vote on account for three months on the total budget estimates of Rs 37,750 crore for 2015-16. Voting will be done on Wednesday. A larger non-plan outlay of Rs 21,500 crore and a smaller plan size of Rs 15,350 crore...
More »South Asia running out of groundwater -Manipadma Jena
-SciDev.net South Asia and China account for nearly half of the world's groundwater use Per capita water availability in South Asia has been dropping dramatically Continued groundwater extraction will deepen the water crisis in South Asia NEW DELHI: India, Nepal, Bangladesh and Pakistan along with China account for nearly half of the world's total groundwater use and these regions are expected to experience serious deficits,...
More »350 organizations to launch stir today to oppose land bill
-The Times of India AURANGABAD: Over 350 like-minded organizations are set to launch a nation-wide agitation from Monday to protest against the contentious Land Acquisition Bill. Social activist Medha Patkar made the announcement in the city while addressing a gathering of farmers. She said organizations of farmers, traders and fishermen would stage demonstration in different parts of the country and mount pressure on the Union government to stop it from going...
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