-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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Govt issues clarification on wage-material ratio under NREGA projects -Urmi A Goswami
-The Economic Times NEW DELHI: Keeping his promise to focus on creating durable assets under the UPA's flagship rural employment guarantee programme, rural development minister Jairam Ramesh has made changes to the programme's guidelines. In a letter sent to all chief ministers, Ramesh announced a clarification to the operational guidelines of the Mahatma Gandhi National Rural Employment Guarantee Act, which would allow for use of funds to create durable assets. The clarification relates...
More »Planet racing towards 2°C temperature rise: UN report -Subodh Varma
-The Times of India The report issued on September 27 by the UN's intergovernmental panel on climate change (IPCC) may sound similar to the one issued five years ago - after all, it says that humanity is causing climate change, though with more certainty. But on two key aspects this report has categorically said what was never said before. The first is that the carbon accumulation in the atmosphere and resulting global...
More »Balco land acquisition plan foiled-Suvojit Bagchi
-The Hindu Gram sabha at Taraimarh adjourned due to lack of quorum as villagers stay away Taraimarh (Chhattisgarh): On a wet and windy Saturday evening nearly 350 km north of the State capital, Raipur, a non-descript village registered a historic victory against Bharat Alumunium Company Ltd (Balco), an affiliate of India focused global miner, Vedanta. While the Dongria Kondhs turned up in large numbers at the gram sabha to emphatically reject Vedanta's...
More »Can the ride take them further? -Rahi Gaikwad
-The Hindu The power of the bicycles to confer economic and social freedom even in the age of the automobile remains undiminished. Bihar is using it to cut the dropout rate for girls. Bicycles and safe roads are a winning combination. While she was on her way to school one morning, Smriti's bicycle brushed against a speeding truck, and she fell to the ground. After a few stitches on her injured elbow,...
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