-Zeebiz Bureau The Union Cabinet on Tuesday cleared revised Food Security Bill which seeks to protect 2.43 crore poorest of poor families under the Antodaya Anna Yojana (AAY) by continuing supply of 35 kg foodgrains per month per family. The amendments in the Bill have been suggested after taking into account the recommendations of the Parliamentary Standing Committee. In the original Bill, introduced in December 2011 in the Lok Sabha, the government had...
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Private banks reluctant about rural lending -Dinesh Unnikrishnan
-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...
More »Over 230 million women will face unmet contraceptive need by 2015-Aarti Dhar
-The Hindu The demand for contraception is projected to grow worldwide from 900 million in 2010 to 962 million in 2015 because of an increased desire for modern family planning methods. Increased investment in family planning will be required to meet the needs of the 233 million women projected to have an unmet need for modern contraceptive methods by 2015, a new survey has suggested. Over 60 per cent of married women in...
More »New papers show PMO analysed and agreed with Raja’s actions before 2G scam-Shalini Singh
-The Hindu Will Manmohan distance himself from PMO officials as he did from Raja? New evidence shows that Prime Minister Manmohan Singh, far from being “at arm’s length” from ex-Telecom Minister A. Raja’s controversial 2G decisions, had directed officials in the PMO to “examine urgently” Mr. Raja’s letters outlining his intended decisions which eventually led to the 2G scam on January 10, 2008. Investigation now reveals that senior PMO officials had supported...
More »'Rural wage hike pushing inflation, posing challenge for RBI'
-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...
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