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34% marginal farmers in Punjab living below poverty line -Amaninder Pal Sharma

-The Times of India PATIALA: A new study has revealed that over 34% of marginal farmers in Punjab are still living below poverty line, denting the tall claims of SAD-BJP government on uplift of the farmers, who are considered the traditional vote bank of the over nine-decade-old Shiromani Akali Dal. Besides marginal farmers, the study conducted by the Punjab Agricultural University (PAU), Ludhiana, has also brought to the fore that over 20%...

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Rs 1 lakh crore bad loans of corporates written off: RBI-Mayur Shetty

-The Times of India MUMBAI: Data collected by Reserve Bank of India over a period of one year blows the lid off what goes as loan classification in banks. In a presentation at the annual bankers' conference, RBI deputy governor K C Chakrabarty showed how banks have sacrificed over Rs 1 lakh crore by writing off bad loans to corporates, which is much higher than Union finance minister P Chidambaram's farm...

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Negotiators pinning hopes on rich nations’ bounty at climate talks -Vishwa Mohan

-The Times of India WARSAW: Though the ongoing climate talks has failed to bring cheer to developing countries as rich nations have, so far, not made any commitment to set aside a corpus to battle global warming, hope springs eternal for the negotiators. They are expecting that the high-level ministerial round may throw up a pleasant surprise, where developed countries would finally pledge a sum -$20-$30 billion annually - for assisting poor...

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What Gujarat can learn from Bihar and Odisha-Himanshu

-Live Mint Not only have Bihar and Odisha grown faster they have also ensured that benefits accrue to the poorest; in Gujarat, growth has bypassed the poor Going by logic, the poor in richer states should be better off than their counterparts living in poorer states. This is especially so when the country is seeing a welcome trend: Income growth in rural areas and poverty reduction has witnessed unprecedented acceleration. Not necessarily. Not...

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