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Meghalaya stresses on 'active bias' in favour of poor

Shillong, Mar 1 (UNI) Meghalaya government has stressed on the need of an 'active bias' in favour of the poor to take the benefit of the developmental schemes to the deserving people.

"There has been a lack of accountability on part of the government machinery and the benefits of the developmental schemes are not reaching the deserving people. To encounter this, we need to have an active bias in favour of the poor people of the state," Meghalaya Chief Secretary S K Tiwari said here today, while inaugurating a five-day workshop on 'E-Governance: Trends and Practices'.

The workshop, organised by the National Informatics Center (NIC) and sponsored by the Ministry of Development of North Eastern Region (DONER), aims to update officials from different departments on the use of Information Technology for better implementation of the developmental schemes.

"The policymakers and the officials need to have accountability to the odd 70 per cent people who do not have access to the services provided by us and who do not have the means to claim these services. Information Technology should be used to bring about that accountability to the government mechanism," he said.

UNI SG BA SS1231

Allahabad bank revises FCNR interest rates

Kolkata, May 1 (UNI) Allahabad bank has revised the interest rates on Foreign Currency Non-Resident (FCNR) deposits and Non-Resident (External) Rupee (NRE) deposits from today. Accordingly the revised rates for US Dollar 5.33 per cent has now become from 5.29 per cent earlier for one year to less than two years, 5.34 per cent (earlier 5.29 per cent) for two years to less than three years, 5.35 per cent (earlier 5.27 per cent) for three.....

State Bank of Indore net profit Rs 139.11 cr

Indore, May 1 (UNI) The State Bank of Indore (SBI) reported a net profit of Rs 139.11 crore for 2005-06 compared to the previous fiscal's Rs 133.18 crore. The bank has been focussing on income growth from core operations. During the year, total interest income increased by 19 per cent from Rs 1,109.83 crore to Rs 1,322.69 crore and interest on advances registered 36 per cent growth -- an increase of Rs 224.52 crore, a release.....

ICT bags consultancy contracts in Mozambique, Ghana

New Delhi, May 1 (UNI) The capital-headquartered consultancy major, Intercontinental Consultants and Technocrats Ltd (ICT), has bagged prestigious international engineering consultancy contracts worth over 3.25 million US dollars in Tajikistan, Ghana and Mozambique. In Tajikistan, the consultancy services have been awarded for strengthening road maintenance financing system through the Asian Development Bank. The contract, worth 496,000 dollars, is to be executed over 12 months. In Ghana, ICT was awarded an international contract of Ghana Civil Aviation.....
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