Government to build 2.95 crore houses for rural poor

New Delhi, March 23 (IANS) The government on Wednesday announced that it will help build 2.95 crore houses in India’s rural areas and for this a financial assistance of up to Rs.1.30 lakh will be provided to each homeless family.   Communications and IT Minister Ravi Shankar Prasad called it “a very important decision” taken […]

India defends right to issue drug “compulsory licences”

India defends right to issue drug “compulsory licences”

MUMBAI, March 23  (Reuters) – India has defended its right to grant licences allowing local firms to override patents and make cheaper copies of drugs discovered by big Western drugmakers, and said reports to the contrary were “factually incorrect”.   The Commerce Ministry statement comes weeks after Reuters and media in India quoted the U.S. […]

Modi under fire as rising costs put squeeze on ‘middle India’

Modi under fire as rising costs put squeeze on ‘middle India’

MUMBAI/NEW DELHI | By Suvashree Choudhury and Manoj Kumar REUTERS | march 23 Sharp rises in education and healthcare costs in the last two years have hit India’s burgeoning middle class hard, denting Prime Minister Narendra Modi’s popularity among the relatively well-off ahead of a series of state elections.   Price increases for services deemed […]

Poor reintegration leaves India’s rescued child workers at risk – researchers

Poor reintegration leaves India’s rescued child workers at risk – researchers

By Rina Chandran   MUMBAI, March 22 (Thomson Reuters Foundation) – India’s strategy for rescuing and reintegrating child victims of labour trafficking is marred by poor coordination, a lack of accountability and inadequate resources that can leave children at risk of further harm, Harvard researchers say.   There must be a comprehensive, sustained effort to […]

India likely to extend wheat import tax beyond March – sources

India likely to extend wheat import tax beyond March – sources

By Mayank Bhardwaj   NEW DELHI, March 21 (Reuters) – India is likely to extend a wheat import tax beyond March to shield its domestic farmers from cheap imports particularly as wheat from the new-season harvest will become available by the end of this month, government sources said on Monday.   After consulting the food, […]

Banks to remain shut for four-days from Thursday

New Delhi, March 21 (PTI): Customers won’t be able to conduct bank transactions at various bank branches for four days in a row this week as all the banks will remain shut from Thursday. However, the lenders have assured that they will load the ATMs fully for meeting people’s cash needs.   Thursday will be […]

Lies are spread against BJP on reservations: PM

Lies are spread against BJP on reservations: PM

New Delhi, March 21 (IANS) Prime Minister Narendra Modi on Monday tried to bring an end to the debate on reservations for the underprivileged, saying lies are spread over the issue whenever the Bharatiya Janata Party (BJP) comes to power.   “Those who did not do anything for 60 years often spread lies. I remember […]

Exiled Tibetans to elect leader to sustain struggle against China

Dharamsala, March 20 (REUTERS): Exiled Tibetans across India and overseas started voting on Sunday to elect a political leader for the next five years, in a bid to help sustain their struggle to secure complete autonomy for Chinese-ruled Tibet.   Thousands of monks and nuns in maroon robes, students, and men and women queued to […]

Jewellers’ strike caused Rs.70,000 crore loss: Association

Jewellers’ strike caused Rs.70,000 crore loss: Association

Mumbai, March 20 (IANS) The 18-day strike by jewellers that ended on Saturday night is estimated to have caused losses of Rs.60,000-70,000 crore, an industry organisation said.   The Gems and Jewellery Export Promotion Council (GJEPC) said in a statement said here that the strike has caused “losses of Rs. 60,000-70,000 crore” to the industry. […]