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NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh

-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...

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Parties satisfied with EVM with paper trail -J Balaji

-The Hindu The representatives of the recognised national and State-level political parties on Friday expressed satisfaction over the functioning of the Electronic Voting Machines (EVMs) with Voter Verifiable Paper Audit Trail (VVPAT), developed by the Election Commission (EC) and made some suggestions for further improvement. The Commission said "the suggestions will be considered by the Expert Committee and the EC." Informed sources said the improved VVPAT could possibly be used for field...

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Banks under fire for Saradha mess -Srikumar Bondyopadhyay

-The Times of India KOLKATA: It's not only Cobrapost that seems to be stinging public sector banks. State-owned banks have come under fire and are accused of being hand-in-glove with willful defaulters like Ponzi kingpin Sudipta Sen. In a 25-page statement that the CBI deems a confession, Sen has detailed how he acquired Global Automobiles, a company with a bank debt of Rs 186 crore. Formed in 2005, the company's owner Shantanu...

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Building euphoria-Himanshu Upadhyaya

-Frontline   But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...

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Reality check on land -Yoginder K Alagh

-The Indian Express Law on land acquisition will reduce distortions in the use of a scarce resource Land records are in a mess in most states. While satellite imagery can yield an authentic image of the plots, it cannot determine ownership. The land acquisition issue is nearing the end of its first phase. With the government accepting key BJP demands, a consensus has been evolved and the Land Acquisition, Rehabilitation and Resettlement Bill...

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