Student of Pune-based MIT School of Government (MITSOG), Harshvardhan Reddy, who hails from Karni village in Mahabubnagar district in Andhra Pradesh, has kept the Right to Information (RTI) flag flying high by filing over 300 RTI applications along with over 200 first appeals within a short span of two years. The first RTI application, Reddy said, was filed by him against the rural superintendent of police (SP) for delaying his passport...
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PM mulls Rs.1,000 crore corpus for housing poor
-IANS The government is considering creating a corpus fund of Rs.1,000 crore ($18.7 million) in the current fiscal that would encourage banks to give housing loans in 'significant volumes' to the urban poor, Prime Minister Manmohan Singh said Tuesday. Addressing a conference on the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) here, Manmohan Singh said the corpus of Rs.1,000 would be set aside to create a credit risk guarantee fund that could...
More »The risks arising from Asia's water stress by Brahma Chellaney
Water, the most vital of all resources, has emerged as a key issue that would determine if Asia is headed toward cooperation or competition. After all, the driest continent in the world is not Africa but Asia, where availability of freshwater is not even half the global annual average of 6,380 cubic metres per inhabitant. When the estimated reserves of rivers, lakes, and aquifers are added up, Asia has less than...
More »Order to remove Yunus by Ananya Sengupta
Nobel laureate Muhammad Yunus has been removed as the managing director of Grameen Bank, the organisation he founded in Bangladesh in 1983 to help the poor. The central bank has cited a rule that requires retirement at 60 to order the ouster of the 70-year-old “banker to the poor” who has been embroiled in a Norwegian funds scandal. Yunus had also fallen out with the political establishment after, fresh from the Nobel...
More »Windfall for farmers continues, loan disbursal target raised to Rs 4,75,000 crore
Farmers can continue to reap a financial harvest that first came as a windfall loan waiver of Rs 60,000 crore in 2008. Finance minister Pranab Mukherjee raised the target for loan disbursal to the farmers from the present Rs 3,75,000 crore to Rs 4,75,000 crore in 2011-12, nearly a 27% jump.Mukherjee has raised the target consistently in 2010-11, the loan target was raised by over 15% at Rs 3.75 lakh...
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