-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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Goa, Kerala ‘relatively developed’, Gujarat ‘less developed’: Rajan panel- Remya Nair
-Live Mint BJP-ruled states to get more funds, while most Congress-ruled states will lose out if report's funding formula is accepted New Delhi: Odisha, Bihar, Madhya Pradesh and Chhattisgarh are the least developed (or the most backward) in that order, according to a government committee whose recommendations, if accepted, will mean a larger share of central funds for these states. Goa, Kerala and Tamil Nadu are India's most developed states, according...
More »Raghuram Rajan Committee report demolishes Modi's claims of development in Gujarat -Kartikeya Sharma
-India Today The BJP's prime ministerial candidate Narendra Modi is going to fight the next general elections on the development plank, and he puts forth Gujarat as the model of development. At public meetings, he has been appealing to other states and the Centre to follow his model. But the latest index released by the finance ministry may prove to be a pinprick. It shows Gujarat has not done as well...
More »Better, but still lagging behind-Govindan Nair
-The Hindu It is premature to speak of a ‘new Bihar' based on the experience of a compressed time-frame Rekindling Governance and Development: Edited by N. K. Singh, Nicholas Stern; HarperCollins Publishers, A-53, Sector 57, Noida-201301. Rs. 699. The editors of this book have gathered a panel of stellar luminaries to valorise their notion of ‘The New Bihar'. Learned, laudatory essays extol the sea-change wrought by the NDA government since it came to...
More »Schemes for minorities being cornered by non-Muslims: Report -Deeptiman Tiwary
-The Times of India NEW DELHI: Even as minority politics takes centrestage in the wake of recent riots in Uttar Pradesh, a report by the Council for Social Development shows how the UPA government has failed to implement the recommendations of the Sachar Committee, with its response to Muslim deprivation at best being "cautious and minimalist". The report said most of the benefits intended for minorities were being cornered by either...
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