One rural self employment-training institute to be set up in each districtSeptember 16th, 2009 NEW DELHI - Ministry of Rural Development has embarked upon a major initiative to set up one Rural Self Employment Training Institute (RSETI) in each district of the country. The ministry has so far approved 110 proposals.
By 2011, India to have 146,000 km new roads in villages: MinisterSeptember 15th, 2009 NEW DELHI - India will have over 146,000 km of new roads connecting thousands of villages across the country by 2010-11, Rural Development Minister C.P. Joshi said Tuesday.
Government to infuse capital into rural banksAugust 18th, 2009 NEW DELHI - The government will infuse fresh capital into the regional rural banking system to increase credit flow to the farm sector, Finance Minister Pranab Mukherjee said here Tuesday. "The non-performing assets (NPA) levels of the regional rural banks (RRBs) are within acceptable limits.
Himachal to get Rs.135 crore for rural infrastructureJuly 27th, 2009 SHIMLA - The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs.135 crore to the Himachal Pradesh government for developing rural infrastructure, an official statement said Monday. "Nabard has sanctioned Rs.135 crore to Himachal Pradesh for the year 2009-10.
India's insurance penetration lower than world average: ReportJuly 21st, 2009 NEW DELHI - Despite achieving a healthy 16 percent annual growth rate, India's general insurance business accounts for just 0.6 percent of the gross domestic product (GDP), compared to the world average of 2.14 percent, says a report released here Tuesday. "The penetration of general insurance in India remains low on account of low consumer preference, largely untapped rural markets and constrained distribution channels," said the report jointly prepared by Crisil and the Associated Chambers of Commerce and Industry of India (Assocham).
Government allocates Rs.12,000 crore for rural roadsJuly 6th, 2009 NEW DELHI - The government has increased its outlay for rural roads by 57 percent to Rs.12,000 crore ($2.5 billion) in the budget presented by Finance Minister Pranab Mukherjee Monday in parliament. "Rural roads have been identified as one of the six components of Bharat Nirman with the goal to provide connectivity to all villages with a population of 1,000 (500 in the case of hilly or tribal areas) with an all-weather road by 2009," said a finance ministry statement.
Budget allocates Rs.39,000 crore for rural jobs schemeJuly 6th, 2009 NEW DELHI - The government Monday hiked the allocation for its flagship rural job scheme by 144 percent to Rs.39,000 crores. "I am allocating Rs.39,000 crores for NREGA (National Rural Employment Guarantee Act).
New deal for rural India in the offing (Second Lead)June 4th, 2009 NEW DELHI - With two-thirds of India's billion-plus people living in its 650,000 villages, India's new government Thursday outlined a five-year agenda that promises a new deal for rural India, including improved agricultural practices,better roads, modern communication, access to drinking water, housing and overall improvement of its infrastructure. If Prime Minister Manmohan Singh had promised a "new deal for rural India" when he took charge of the high office for the first time in 2004, President Pratibha Patil, reading out the government's action plan in parliament Thursday, said the targets of all flagship programmes for rural development would be stepped up under his second United Progressive Alliance (UPA) government.
Every panchayat to be linked to broadband networkJune 4th, 2009 NEW DELHI - The government plans to connect every panchayat to a broadband network in the next three years and expects to reach 40 percent rural tele-density in the next five years. The initiative is part of its ambitious target to drastically improve infrastructure in the villages under its Bharat Nirman (Build India) programme.
President Patil promises better deal for rural India (Lead)June 4th, 2009 NEW DELHI - With two-thirds of India's billion-plus people living in villages, President Pratibha Patil Thursday outlined a five-year agenda for the new government that has added emphasis on rural development, with fresh targets in areas such as irrigation, potable water, electrification, roads and telecom. If Prime Minister Manmohan Singh had promised a new deal for rural India when he took charge of the high office for the first time in 2004, Patil Thursday said the targets of all flagship programmes for rural development would be stepped up under his next United Progressive Alliance (UPA) government.
Chik Satin partners with Jagran SolutionsMay 18th, 2009 NEW DELHI - In its endeavour to outreach young girls, Cavin Kare with its superior range of shampoos, Chik Satin partnered with Jagran Solutions, India's leading new age marketing agency that provides solutions for brand activation via consumer connect strategies. A marketing program was designed to reach out to more than 800 schools across Delhi and NCR, UP and Maharashtra to make young girls realize their dreams and the importance of Confidence in achieving the same.
Rural areas fuel telecom growth in IndiaApril 24th, 2009 NEW DELHI - When most sectors are bearing the brunt of global economic slowdown, India's telecom industry is continuing with its high growth saga, thanks to the expanding subscriber base in the rural areas. India last month saw the highest number of subscriber addition, 15.87 million, about three times the population of countries like Finland, Denmark and Singapore.
Companies finding rural markets increasingly attractive: AssochamApril 7th, 2009 NEW DELHI - Demand in India's urban areas may be dwindling, but a leading industry group says the hinterland is becoming increasingly attractive for manufacturers of consumer products and automobiles, as well as organised retail businesses. The Associated Chambers of Commerce and Industry of India (Assocham), in a report titled 'The Rise of Rural India' released Tuesday, said companies in the fast moving consumer goods (FMCG) sector have recorded higher growth in rural market, which has contributed substantially to their bottomlines.
17th convergence India 2009 opensMarch 19th, 2009 NEW DELHI - "In today's world - convergence is the keyword. All facets of communication have converged digitally into the mobile handset," said Siddhartha Behura, Secretary, Department of Telecommunications, Govt of India, Chief Guest at the inauguration of the 17th Convergence India 2009, which commenced today in the nation's capital.
Global recession will not affect rural projects: MinisterJanuary 4th, 2009 NEW DELHI - The global meltdown will not have any impact on rural development projects or budgetary allocations for the department concerned, the government said here Monday. 'We are expecting more budgetary allocation for our department in the coming fiscal.