Anand Sharma rules out loss of jobs or displacement of small vendors A re-orientation of the policy framework was the need of the hour and enhanced foreign direct investment (FDI) in multi-brand retail would transform the rural economy and generate massive employment and opportunities for both rural and urban youth. This was stated by Union Commerce and Industry Minister Anand Sharma here on Wednesday. This was his first comments to a discussion...

The West Bengal government has allocated Rs 250 crore for introducing a scheme for generating employment for the urban youth, on the lines of the Mahatma Gandhi National Rural Employment Guarantee Scheme. State Finance Minister Asim Dasgupta said that funds allocated for this purpose this year may be augmented according to requirement. Similar schemes have been declared in Tripura and Kerala as well. The scheme, announced by Dr Dasgupta during his budget...

Honey hubs to be created for SC/STs at Kodaikanal, Vadipatti and Kadayam Priority for small projects in the range of Rs. 50,000 to Rs. 3 lakh Emphasis on production of fly-ash bricks and palm products The Khadi and Village Industries Commission (KVIC) plans to focus on creating employment opportunities for Scheduled Castes and Scheduled Tribes (SC/STs) in rural areas of southern districts. The Central Government body plans to start new khadi institutions near their habitations...

Armed with integrated action plans for 35 Naxalite-affected districts in nine states, the Planning Commission is all set to approach the Union Cabinet for a proposed outlay of Rs 13,742 crore to wean away the tribals from sympathising with the Maoists through comprehensive infrastructure and economic development as well as proper implement of the Panchayats Extension to Scheduled Areas (PESA) Act, 1996 and related Scheduled Tribes and other Traditional Forest...

The Cabinet Committee on Economic Affairs (CCEA) Thursday approved the restructuring of a centrally-sponsored rural self-emeployment scheme as a National Rural Livelihood Mission (NRLM) given past experiences, shortcomings pointed out by research studies and recommendations by various committees. Home Minister P. Chidmabaram said that NRLM will function in a mission mode for target-based delivery of outcomes. It will follow a demand driven approach which would allow the states to formulate...