-Live Mint Reimbursing schools that reserve 25% seats for underprivileged children may end up costing the govt about Rs.16,000 cr The central government is faced with the prospect of a large bill to pay for the implementation of one of the key elements of the right to education (RTE) legislation-reimbursing private schools that reserved 25% of their seats for underprivileged children-even as the 31 March deadline for most of the law's other...

-The Hindu A NABARD survey says middlemen funded by banks have kept growers captive to high-interest loans Jammu: Kashmir's acres of undulating apple orchards may soon be waste lands, a survey by the National Bank for Agriculture and Rural Development (NABARD) accessed by The Hindu shows. The Rs. 4,000-crore industry has been brought to its knees by a network of middle-order market functionaries comprising pre-harvest contractors (PHCs), commission agents (CAs) and wholesalers...

-The Indian Express Chandigarh: Slamming the Punjab government for sponsoring "xenophobia", the Punjab and Haryana High Court on Wednesday set aside its "discriminatory" rules, wherein it had allowed additional weightage to rural students for government jobs. A Full Bench comprising Justices Hemant Gupta, Ajay Tewari and R N Raina held the rules framed by Punjab as "illegal, unconstitutional" and beyond its "legislative competence". "State sponsored xenophobia is constitutional anathema and the principle...

-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

-The Indian Express The State Election Commission moving the Calcutta High Court against the Mamata Banerjee government's unilateral declaration of panchayat election dates is a stunning development. Whatever the outcome of the court battle, the state already stands to accept that the dates it had proposed - April 26, 30 - are not going to be the schedule for the rural polls under any circumstances. Besides, it is largely believed that the...