Latest news with #NABARD
New Indian Express
4 days ago
- General
- New Indian Express
Collector steps in to address tribal issues in Thiruvananthapuram's Podiyakkala hamlet
THIRUVANANTHAPURAM: To address a slew of issues faced by the tribal community in Thiruvananthapuram, the district administration has started interventions. District Collector Anu Kumari visited the Podiyakkala tribal hamlet in Vithura grama panchayat on Sunday. The collector interacted with the residents to evaluate their living conditions and address their concerns. 'The major issue they raised was the man-animal conflicts,' Anu Kumari told TNIE. People are at risk of attacks by elephants, bisons and wild boars. Though trenches have been dug to prevent such incidents, their irregular maintenance remains a shortcoming. 'I have instructed the officials to take up effective maintenance. We will have support from the NABARD team also, as digging trenches in hard and rocky areas cannot be carried out by forest officials alone,' she said. Anu Kumari also visited the homes of two victims of animal attacks. 'We faced two wild animal attacks in the past two years,' said Peppara ward member Latha Kumari, adding that wild animals destroy their crops, mainly bananas and tapioca. 'The authorities have ensured the distribution of drinking water to 75 families in the hamlet,' Latha said. She stated that the issue of dilapidated roads in the area was also raised in the meeting with the collector, which is expected to be resolved immediately. Another major issue raised was the increased student dropouts post Plus II, for which the collector directed to identify job-oriented training courses that can be provided to the students. 'I was very happy to see that the basic amenities at Podiyakkala, including ration distribution, healthcare administration, etc were functioning properly,' the collector said. She also interacted with the tribal chieftain during the visit. The panchayat member added that monthly health check-ups, travel facilities for tribal students under the 'Vidyavahini' scheme, etc have also been effectively functioning. The collector visited the hamlets with officials from tribal, education, forest, health, water and local self-government departments.
Hans India
4 days ago
- Business
- Hans India
Apex Bank holds walkathon to mark International Year of Cooperatives
Hyderabad: In commemoration of the International Year of Cooperatives 2025, the Telangana State Cooperative Apex Bank Ltd. organized a Walkathon on Sunday to promote awareness about the role of cooperatives in community and economic development. The event began at 7:00 AM from the Bank's Head Office and proceeded towards Nampally, before circling back and concluding at the Head Office. Marneni Ravindar Rao, President of the Bank, flagged off the event and said, 'The Walkathon is a symbolic step in reinforcing the strength of cooperation and collective progress. Cooperative institutions like ours play a vital role in empowering communities and supporting grassroots development.' B Uday Bhaskar, CGM, NABARD, commended the bank's initiative in promoting cooperative values such as solidarity, inclusive growth and recalled the importance of such programs in strengthening the cooperative sector. 'The main objective of this walkathon is to create awareness about the importance of the cooperative sector and the role of banks in the welfare of the people,' said the bank's Managing Director, Y Krishna Rao.
The Hindu
6 days ago
- Automotive
- The Hindu
₹3,858 crore allocated for development of 448 km of four-lane roads under the Chief Minister's Road Development Scheme since 2021
The Tamil Nadu government said on Sunday that ₹3,858 crore had been allocated for the development of 448 km of four-lane roads and ₹2,207 crore for 1,681 km of two-lane roads under the Chief Minister's Road Development Scheme since it was launched in 2021. 'Currently, work is in progress on 383 km of four-lane roads at a cost of ₹2,807 crore and 357 km of two-lane roads at a cost of ₹709 crore,' it said. Under the Comprehensive Road Infrastructure Development Programme, a sum of ₹17,154 crore was allocated for 9,620 km of road projects and ₹1,161 crore was allocated for 996 bridge/culvert projects, said an official release listing the achievements of the Highways Department. Under the Urban Area Development Scheme, work to an extent of 164 km has been carried out at a cost of ₹731 crore. Pavement surface improved The pavement surface of 6,805 km of roads has been improved at a cost of ₹2,074 crore and 1,652 road safety projects have been completed at a cost of ₹662 crore. A total of 10 bypass roads have been completed at a cost of ₹307.8 crore. They include Manachanallur (Phase 1), Illuppur, Parthibanur, Rasipuram (Phase 1 Division-2), Bhavani (Phase II), Mudukulathur, Tiruttani, Coonoor, and Namakkal (Phase I). Under the Tamil Nadu Road Infrastructure Development Corporation, the Vandalur-Walajabad Road has been upgraded from four-lane to six-lane at a cost of ₹180.09 crore, and ₹1,372 crore was allocated for the conversion of 1,049 causeways into high-level bridges, the release said. As for projects with NABARD loan assistance and State funding, 278 bridges have been constructed at a cost of ₹1,137.62 crore. Overbridges Eight road overbridges have been constructed at a cost of ₹813.25 crore. The ongoing major projects include Coimbatore Western Bypass, Mannargudi (Phase-I), Ambasamudram, Tiruchengode (Phase I & II), Bhavani (Phase I), Namakkal (Phase-II and III), Pollachi Western Bypass, Aruppukkottai Western Bypass, Kamuthi-Sivaganga (Phase-I), Uthiramerur, Thuraiyur (Phase-II), Tambaram Eastern Bypass (two sections), and Thiruporur/ Kelambakkam. Under the Integrated Road Infrastructure Development Scheme, 2,264 km of road projects are being implemented at a cost of ₹8,076 crore, and 69 bridge/culvert projects are being executed at a cost of ₹694 crore, 134 causeways are being converted into high-level bridges at a cost of ₹763.80 crore, 32 high-level bridges are being constructed under the NABARD loan assistance scheme at a cost of ₹375.32 crore, and 19 high-level bridges are being constructed under the State-funding scheme at a cost of ₹596.64 crore, the release said.
India Today
6 days ago
- Business
- India Today
Bankers Institute of Rural Development opens vacancies for various posts
The Bankers Institute of Rural Development (BIRD), promoted by NABARD, has opened five contractual Cooperative Development Officer (CDO) positions at its Lucknow centre under the Centre for Professional Excellence in Cooperatives (CPEC). Appointments are for two years, with possible extension up to another year based on are three CDO Level 1 and two CDO Level 2 positions. Based in Lucknow, the roles involve cooperative training, certification, data management, research coordination, and stakeholder RECRUITMENT 2025: ELIGIBILITY CRITERIA AND AGE LIMITCDO Level 1: A bachelor's degree in Economics, Commerce, Management, Agriculture, or Computer Applications and at least two years' experience in cooperatives. Max age: 50 years (as of Jan 1 2025). CDO Level 2: Postgraduate degree in Economics, Rural Development, Banking, or Management; MPhil/PhD preferred. Requires at least four years' experience in rural or agricultural finance and cooperatives. Max age: 62 candidates will receive substantial monthly stipends: 65,000 for Level 1 and 85,000 for Level 2 officers. Contracts run for two years, renewable RECRUITMENT 2025: HOW TO APPLYInterested individuals should download the application form from BIRD's website and email it with self-attested documents to by July 12, 2025.A non-refundable fee of 590 per post is required; applying for both levels costs 1, recruitment process includes a written ability test, PowerPoint presentation, and personal candidates must provide original documents, and resign from other employment or submit a No Objection Certificate. No benefits such as pension, medical or gratuity will be BIRD AND NABARDEstablished in 1983, BIRD is NABARD's training and research centre focused on rural credit and cooperative provides training, consultation, and research to banks, financial institutions, government bodies, and NGOs across India.
Indian Express
6 days ago
- Business
- Indian Express
Eleven years: a data-based critique
This is a sequel to last week's column (Eleven Years: A Critique, Indian Express, June 15, 2025). I am fond of data that is accurate and verifiable but, alas, most readers are not. Even educated persons shy away when presented with numbers. I believe that numbers capture the picture (of an economy) more truthfully than words. If the ultimate test of good governance is the well-being of the people, the question is, 'Does a person have enough income for necessities such as food, dwelling, education, healthcare, transport, family gatherings and recreation?' (I have left out other expenditure which, due to changing times, may be considered essential). The best official data available are in the Household Consumption Expenditure Survey (HCES). In my view, the metric of consumption, rather than income, measures the standard and quality of life of the average family. The last HCES was conducted in 2023-24, covered the whole country, and information was collected from 2,61,953 households (1,54,357 rural and 1,07,596 urban). Incidentally, Mr Narendra Modi's government completed ten years in 2023-24. HCES data is comprehensive. The heart of the survey is the data on average Monthly Per Capita Consumption Expenditure (MPCE). What is a person's consumption expenditure in a month sums up the standard and quality of his/her life, whether rich or poor or middle class. Fortunately, the data is available by fractile classes of the population, i.e. by segmenting the population into each 10 per cent. Here is the data: 2011-12 2023-24 Fractile classes in Rupees in Rupees of MPCE Rural Urban Rural Urban 0 – 5 % 521 701 1,677 2,376 5 – 10 % 666 909 2,126 3,093 20 – 30% 905 1,363 2,833 4,353 40 – 50 % 1,136 1,888 3,498 5,622 70 – 80 % 1,645 3,063 4,885 8,353 90 – 95 % 2,556 5,350 6,929 12,817 95 – 100 % 4,481 10,282 10,137 20,310 Average All India 1,430 2,630 4,122 6,996 It will be seen that— 🔴 Expenditure is a proxy for income and borrowing. The persons in the bottom 10 per cent have an expenditure of Rs 50-100 per day. Ask yourself, with Rs 50-100 a day, what kind of food can a person consume? What kind of dwelling can a person have? What kind of medical care or medicines can the person afford? 🔴 Ten percent of the population is not an insignificant number: it is 14 crore people. If they were a separate country, it will be ranked 10th in the world in terms of population. Yet, the NITI Aayog and the government claim that the 'poor' are only 5 per cent or less of the total population. The claim is cruel and dishonest. 🔴 The most relevant comparator is the ratio of the per capita expenditure of the top 5 per cent and the bottom 5 per cent. Twelve years ago it was approximately 12 times; in 2023-24 it is still approximately 7.5 times. Government has claimed that agricultural growth is robust, but is the farmer's life robust? Data from NABARD (2021-22) showed that nearly 55 per cent of agricultural households are burdened with debt. The average outstanding loan per household is Rs 91,231. According to a Lok Sabha reply on February 3, 2025, 13.08 crore farmers owed Rs 27,67,346 crore to commercial banks; 3.34 crore farmers owed Rs 2,65,419 crore to co-operative banks and 2.31 crore farmers owed Rs 3,19,881 crore to regional rural banks. The PM Kisan scheme is riddled with holes. The peak enrollment was 10.47crore in April-July 2022. It declined to 8.1 crore in 2023 (15th installment) and government claimed it had risen to 9.8 crore in February 2025 (19th installment). The gyrations are inexplicable. Unjustifiably, tenant farmers are not eligible. The crop insurance scheme was refined and re-introduced by the UPA government. Private insurers were allowed and the government directed the insurance companies to run the scheme on a 'no profit, no loss' basis. On the other hand, the Pradhan Mantri Fasal Bima Yojana (PMFBY), implemented by the NDA, has become an extortionate scheme: the claims paid as a proportion of gross premiums collected has declined from 87 per cent in 2019-20 to 56 per cent in 2023-24. The critical social security scheme — MGNREGS — has received a stagnant allocation in the last three years. Over 1.5 crore active job cards have been deleted. The average number of days of work is 51 as against the promised 100 days. Instead of being a demand-driven scheme, it has become a fund-starved scheme. The 5 kg free grain per person to 80 crore persons leaves out 10 crore eligible citizens. Despite free rations and the mid-day meal scheme, stunting among children is 35.5 per cent and wasting among children is 19.3 per cent. In the Global Hunger Index, India ranks 105 out of 127 countries. The share of manufacturing in GVA has fallen from 17.4 per cent in 2011-12 to 13.9 per cent in 2024-25. The vaunted Production-Linked Incentive scheme is a spectacular failure: 14 sectors were allocated Rs 1,96,409 crore but only Rs 14,020 crore has been disbursed. Being the fastest growing large economy does not mean that the Indian economy is in good health or will eradicate poverty or make India a developed country. Every ten years, India needs another dose of structural reforms, decentralization of powers to States, massive de-regulation, more competition and the government 'getting out of the way'.
