-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

The global economic slowdown may pinch the poor in India. The Planning Commission is redrawing its projections for the 12th five year plan (2012-17) in wake of current global economic situation and could end up scaling down money for welfare schemes. Health, education and rural development are not expected to get the hike they had sought and allocations for some other ministries are likely to fall, prompted by a lower growth. The...

-The Hindu With emphasis in the 12th Plan on the social services sectors for achieving more inclusive growth, the Delhi Budget has allocated Rs.9,796 crore or 65 per cent of the total Plan outlay of Rs.15,000 for 2012-13 on this sector. The money, Chief Minister Sheila Dikshit said, will be used for various social welfare schemes. These include the Dilli Annashree Scheme, under which two lakh vulnerable households would be provided food...

-The Hindu   Dr. Ahluwalia does not contradict a single fact in the article: (i) Rs.2.02 lakh daily average expenditure for trips between May and October 2011 (well after his “busy” G-20 period ending in 2010). No “gross extravagance”? (ii) 274 days abroad, or one in every nine. Factor in travel days and it could be one in seven away from office. (iii) 42 trips, half of them visits to the U.S. (several trips not...

It will again divide the people, says CPI(M) general secretary Stating that the proposed Food Security Bill is “inadequate,” Communist Party of India (Marxist) general secretary Prakash Karat said on Sunday that the Left parties will stage an agitation pressing for the inclusion of everyone, irrespective of whether they are classified as below or above the poverty line. Speaking at a public rally on the outskirts of the city, he said that...