-The Hindu If drought is making many in Osmanabad struggle for survival, it is also boosting a 24-hour trade that thrives on scarcity Bharat Raut spends around Rs.800 a month on petrol — just to fetch water that belongs to him. So do a lot of others in Takwiki village in Osmanabad district in Marathwada. Almost every household in Takwiki (and other villages) has one member locked into a single task each...
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Lapses in Rs 53 K Cr Farm Debt Waiver Scheme: CAG
-Outlook Expressing serious concern over the implementation of Rs 52,000-crore farm debt waiver scheme, government auditor CAG today said in several cases ineligible farmers were given benefit while deserving ones were left out. Comptroller and Auditor General (CAG) has also found instances of tampering of records and pulled up the Department of Financial Services (DFS) in the Finance Ministry for deficient monitoring of the multi-crore scheme. "Overall, the Performance Audit revealed that in...
More »A lot in the budget for agriculture -MS Swaminathan
-The Hindu Finance Minister P. Chidambaram’s budget for 2013-14 will be remembered not only for its strategies to stimulate economic growth and control fiscal deficit, but also for the importance given to the needs of the underprivileged sections of our society. In the field of agriculture, he has adopted the following three pronged strategy: 1. Defend the gains already made in the original green revolution areas like Punjab and Haryana: For this purpose...
More »Coming soon, Post Bank of India
-PTI The postal department plans to enter the banking business with the Reserve Bank of India deciding to grant new bank licences to entities with credible track-record. Consultant appointed Sources said the Department of Posts, which has a strong foot print in rural areas, has appointed Ernst and Young (E&Y) as the consultant for the proposed ‘Post Bank’ “Ernst and Young is expected to submit a detailed project report by April, after which all...
More »MNREGS killing entrepreneurial spirit of rural AP, says study
-The Times of India HYDERABAD: The UPA government's petprogramme - the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) - may have been started with the objective of securing the livelihood of the residents of rural India by providing assured employment for 100 days in a year, but has ended up choking the entrepreneurial spirit in the hinterlands ofAndhra Pradesh. These are the findings of a study conducted by a faculty of...
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