Livelihoods News

Chandigarh, July 25; Haryana State Cooperative Apex Bank Limited (HARCO Bank) with deposits of nearly Rs 4,000 crore is putting depositors’ money at risk by allowing login passwords of its core banking system (CBS) to its contractual employees across the state in gross violation of the Reserve Bank of India (RBI) guidelines.

The Tribune has learnt that National Bank for Agriculture and Rural Development (NABARD) at a recent meeting had termed the practice as a terrible risk that be stopped immediately.

HYDERABAD: The Mission Bhagiratha programme in the state has received a shot in its arm with the National Bank for Agriculture and Rural Development approving a 794.40 crore loan. State government on Monday approved acceptance of the loan for the 993 crore Mission Bhagiratha works in Palair and Wyra Assembly constituencies of Khammam district.

While Nabard will provide 794.40 crore, the balance 196.60 crore will be provided by the state through budgetary support as its share of the project.

New Delhi, Jul 23 (PTI) The Centre is planning to involve local women Self-Help Groups (SHGs) in villages for the upkeep of roads constructed under the Pradhan Mantri Gram Sadak Yojana (PMGSY), a senior official said.

So far, more than 5.13 lakh km of road length has been constructed in rural areas under the PMGSY.

NEW DELHI: The Comptroller and Auditor General has found severe deficiencies in the performance of the reproductive and child health scheme under the National Rural Health Mission.

A CAG report, tabled in Parliament on Friday, has said that the financial management under the Mission was not satisfactory, with more than Rs 9,500 crore lying unspent with State Health Societies in 2015-16.

A recent report by the World Bank listed India as being the fourth fastest growing economy in the world and pegged a growth rate of 7.5 percent for FY18. In fact, within seven months of this year, 15 projects funded by the World Bank are already active in India.

The Economic Times today reported the World Bank is investing over Rs 5 lakh crore in Indian railways. The institution, which aims to pull up developing countries, will provide advisory services and programme management consultancy to the sector for two years.

The Pangi valley in Chamba is known for its rustic beauty and rich culture. There is, however, another side to it — a life full of hardships due to the geographical constraints.

Pangwala, as the inhabitants of Pangi are known, is an underprivileged community. The condition of women in this community is even more miserable. Most of them illiterate, confined to their homes, loaded with social burdens, unfavourable economic conditions and burden of patriarchal are just a few challenges the face on a daily basis.

Heavy rains in southern Odisha have triggered flash floods in Nagavali river which crisscrosses through Vizianagaram and Srikakulam districts of north coastal Andhra Pradesh.

The flooding has inundated several villages and has damaged crops in the districts while train services between Andhra Pradesh and Odisha are also hit.

Agriculture Minister Radha Mohan Singh exuded confidence that India will become self- sufficient in pulses and oilseeds production in the coming years with the government taking steps to boost yields through use of better quality seeds and technologies.

The country imports over 5 million tonnes of pulses and about 14.5 million tonnes of vegetable oils (comprising edible and non-edible oils) every year to meet domestic demand.

NEW DELHI: Agriculture Minister Radha Mohan Singhon Friday said farmers are not getting right price in view of bumper crop, but the government is making speedy efforts to reform agri-markets and ensure better realisation for growers.

Since agriculture is a state subject, a three-year road map to double farmers income by 2022 has been prepared and sent to state governments for implementation, he said.

Chandigarh, July 13: Agricultural reforms will be discussed during the Cabinet meeting, scheduled for July 25, with focus on the creation of a Price Stabilisation Fund.

The fund is aimed at promoting crop diversification.

About two years ago, Suresh Kumar, Chief Principal Secretary to Punjab Chief Minister, had first mooted the creation of this fund. He was then posted as the Additional Chief Secretary, Development.

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