-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...
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Foreign Universities Bill: government trying ‘backdoor' entry-Aarti Dhar
With the Central government unsure of getting the Foreign Educational Institutions (Regulation of Entry and Operations) Bill, 2010, through the Rajya Sabha, the Human Resource Development Ministry is now trying to allow “backdoor” entry to foreign institutions. The Ministry has asked the University Grants Commission (UGC) to identify possibilities within the existing laws of regulating and allowing the foreign educational institutions. The two possible ways of going about it are allowing these...
More »Centre seeks to limit food security to BPL category-Gargi Parsai
In a major shift in policy, the Centre now plans to confine food entitlement only to below poverty Line (BPL) households and completely exclude the existing category of the above poverty line families. This is one of the significant changes proposed in the National Food Security Bill which is currently being considered by the Parliamentary Standing Committee. Under the plan envisaged by the Centre, the task of identifying the BPL families will...
More »Neglected indigenous food can be important tool to fight hunger–UN official
-The United Nations Indigenous foods which have been neglected by the food industry and urban consumers can be an important tool to alleviate hunger and malnutrition, a United Nations official said today. “The focus of research and crop improvement on a few widely consumed crops has helped meet the food needs of the rapidly growing world population, but it has narrowed dramatically the number of species upon which global food security and...
More »Finance ministry for 10% cut in non-plan expenditure
-The Economic Times The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit. The Centre is aiming to bring down its fiscal deficit to 5.1% of GDP in 2012-13, from 5.76% in the previous fiscal. It also hopes to cut its subsidy Bill to below 2% of GDP this year. The ministry has argued that...
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