With 80 per cent of the world’s people lacking adequate social protection and global inequalities growing, top United Nations officials are calling for a new era of social justice that offers basic services, decently paid jobs, and safeguards for the poor, vulnerable and marginalized. “Social justice is more than an ethical imperative; it is a foundation for national stability and global prosperity,” Secretary-General Ban Ki-moon said in a message ahead of...
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Factories refuse pay revised prices to sugarcane farmers by Nikhil Deshmukh
Despite the decision taken at a meeting of representatives of farmers, co-op sugar factories and the government, some factories in Ahmednagar district are not paying the revised advances to sugarcane farmers. At the meeting held in Pune on December 19, it was a decision was taken to revise the advances to Rs 1,800 per tonne in Pune region and Rs 1,750 in Marathwada, Khandesh and Vidarbha. However, the payment of...
More »CAG finds flaw in PDS beneficiary list
The Comptroller and Auditor General (CAG) of India has found that the Food and Civil Supplies Department of the State neither conducted any survey for identification of beneficiaries nor followed the survey conducted by the Panchayat and Rural Development Department in 1998-99, to select the beneficiaries of the Below Poverty Line (BPL) for the Public Distribution System (PDS). The status as of September 2007, as per the BPL census of 2002,...
More »ADB plans to set up $250 mn guarantee fund for microfinance by Aveek Datta and Anup Roy
India’s microfinance institutions (MFIs), under pressure because of stricter rules in their largest market Andhra Pradesh and the consequent slump in repayments there, may get a boost from the Asian Development Bank (ADB). ADB is constituting a $250 million (around Rs1,135 crore) facility to offer guarantees against loans to MFIs extended by banks in the Asia-Pacific region where it operates, including India. The move is aimed at encouraging banks to lend...
More »Rs 600 crore allocated for Crop-affected Farmers
As a part of Statewide visit in crop affected areas, the Chief Minister Shri Shivraj Singh Chouhan today reached Daiyarpur village in Vidisha district and comforted crop affected farmers. He informed that the State Government has increased relief amount from Rs 500 crore to Rs 600crore in order to extend maximum financial help to crop affected farmers. No different yardstick will be applied in distribution works. Every affected farmers will...
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