Thiruvananthapuram, March 27 (IANS) Senior Congress leader and CWC member Ramesh Chennithala on Friday alleged a “massive Rs 700-crore fraud” in Kerala’s Cooperative Department, claiming the irregularities are unfolding even as the state heads into a crucial election phase.Kerala is set to go to the polls on April 9 to elect 140 members to the Legislative Assembly.Addressing the media, Chennithala said the alleged scam — potentially the largest in the state’s cooperative sector — centres o…
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Imphal, March 18 (IANS) Manipur Chief Minister Yumnam Khemchand Singh on Wednesday underscored that peace, stability, and development are interdependent, stating that “without development, there can be no lasting peace”. Launching the ‘State Focus Paper 2026-27’ at a seminar themed “Credit-Led Development in Manipur,” the Chief Minister highlighted that stability cannot be sustained without inclusive growth. “Inclusive growth is the foundational principle on which we will build our wor…
Raipur, March 9 (IANS) The Chhattisgarh Assembly, on Monday, approved demands for grants totalling more than Rs 14,655.74 crore for the financial year 2026-27. This includes key allocations for Public Health Engineering, Urban Administration and Development, Public Works (Roads, Bridges, and Buildings), and Sports and Youth Welfare. Responding to discussions in the House, Deputy Chief Minister Arun Sao emphasised that the budget vividly reflects the state government’s policies, intentions, progr…
Guwahati, Feb 26 (IANS) The Assam Cabinet, at a meeting chaired by Chief Minister Himanta Biswa Sarma at Lok Sewa Bhawan on Thursday, took a series of key decisions spanning infrastructure, welfare, industry, agriculture, health and governance.The Cabinet approved the re-appointment of 57 Junior Engineers (Civil) under Regulation 3(f) of the Public Works Department (PWD). Their services had ceased in November 2025 after they failed to qualify in the Assam Public Service Commission (APSC) recruit…
Chandigarh, Feb 20 (IANS) Saying 117 blocks in Punjab face a severe groundwater crisis, state Finance Minister Harpal Cheema on Friday unveiled NABARD (National Bank for Agriculture and Rural Development)’s State Focus Paper for 2026-27 at the State Credit Seminar organised by the NABARD in Mohali, near here. He outlined a credit roadmap for the state’s growth across agriculture, MSMEs, infrastructure, renewable energy, and social sectors. Addressing the gathering, Minister Cheema said, “N…
Lucknow, Feb 17 (IANS) The Multipurpose Primary Agricultural Cooperative Societies (M-PACS), launched to strengthen the co-operative banking network and enhance outreach to grassroots workers, are yielding wide-ranging results in Uttar Pradesh. According to an official statement, more than 2 lakh new accounts have been opened in district cooperative banks, with deposits totalling around Rs 550 crore, thereby facilitating the integration of the rural economy with the formal banking system.A…
New Delhi, Jan 31 (IANS) The total business of 28 Regional Rural Banks (RRBs) has crossed Rs 12 lakh crore in the first half this fiscal (FY26), according to the government.Currently, 28 RRBs are operating through 22,158 branches across 26 states and three Union Territories, covering about 730 districts.“Total business of all 28 RRBs has crossed Rs. 12 lakh crore, surpassing business level of few individual PSBs in the 1st half of Financial Year 2025-26,” according to Finance Ministry.These …
New Delhi, Jan 29 (IANS) There has been a significant improvement in the asset quality of scheduled commercial banks with a sharp decline in the percentage of bad loans and higher recoveries, according to the Economic Survey 2025-26, tabled in the Parliament by Finance Minister Nirmala Sitharaman on Thursday.It points out that the gross non-performing asset (GNPA) ratio and net NPA ratio have reached multi-decadal lows while the capital-to-risk-weighted-asset ratio (CRAR) of banks remained stron…
New Delhi, Jan 23 (IANS) The Centre on Friday said it has approved the long-pending wage revision for Public Sector General Insurance companies (PSGICs) and National Bank for Agriculture and Rural Development (NABARD). The government also approved pension revision for retirees of Reserve Bank of India (RBI) and NABARD. A total of about 46,322 employees, 23,570 pensioners and 23,260 family pensioners across these organisations will benefit from these revisions.“The wage revision for the employe…
New Delhi, Jan 18 (IANS) The National Cooperative Database (NCD) has recorded over 8.5 lakh cooperatives, of which approximately 6.6 lakh are operational — covering nearly 98 per cent of rural India and serving around 32 crore members across 30 sectors, official data showed on Sunday.These institutions connect milk producers, artisans, fishers, traders, and workers to markets, while connections with women-led SHGs have integrated nearly 10 crore women into the cooperative framework.“From nati…