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Middle class poised to play greater role in 2014 elections: Zoya Hassan

-The Hindustan Times In recent years, there has been a constant stream of international attention given to the Indian middle class. Thanks to the expansion of this class, India's image has dramatically changed since the 1990s. Instead of the narrative about grinding poverty, India is now seen as the heart of new capitalism that is associated with high rates of growth as well as the consumerist elite and middle classes. The...

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NABARD now offers loans to corporate sector-Nagesh Prabhu

-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...

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A lot rests on Aadhaar for govt -Ruhi Tewari

-The Indian Express The Supreme Court order restricting authorities from denying a benefit or service to any citizen of India for not having an Aadhaar card has put the Congress-led government, which had made Aadhaar the basis of its ambitious and overarching Direct Benefits Transfer (DBT) scheme, in a tight spot. The idea behind linking DBT - which aims at eliminating middlemen and plugging leakages in schemes - to Aadhaar was sound,...

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Global hunger down, but millions still chronically hungry

-FAO 842 million people undernourished in 2011-13 - Developing countries make progress but more efforts needed to reach MDG target Rome - Some 842 million people, or roughly one in eight, suffered from chronic hunger in 2011-13, not getting enough food to lead active and healthy lives according to a report released by the UN food agencies. The number is down from 868 million reported for the 2010-12 period, according to the State...

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Address Key Issues to Implement New Food Law: Thomas

-Outlook New Delhi: Food Minister K V Thomas today asked state governments to address three critical issues - identification of beneficiaries, creation of storage capacity and door-step delivery of foodgrains via PDS - for the successful implementation of the food security law. Addressing the state food ministers meet here, he called for greater coordination and cooperation between the centre and state governments to implement the law in 'true spirit'. The day-long meeting is...

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