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Bharat Nirman: Long on target, short on quality
Economists call it the “U without Q” (utilisation without quality) factor. The expression is now being increasingly used to describe the progress made by Bharat Nirman, considered by many as the jewel in the crown of the United Progressive Alliance (UPA) government.

Nabard launches six projects in state
National Bank for Agriculture and Rural Development (Nabard), which recently increased the corpus of its Tribal Development Fund (TDF) to Rs 600 crore, has launched six projects for the integrated development of tribals in Karnataka.

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PNB offers subsidized home loans on New Year eve
The country’s second largest public lender, Punjab National Bank (PNB) has offered to grant home loans at floating interest rates up to 2.5 percent below the prevailing Public Lending Rate (PLR) till the end of 2009 under its flagship scheme.
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'I have committed several mistakes'

Amid reports of fresh bouts of dissidence in the ruling BJP in Karnataka, chief minister B S Yeddyurappa today said he has “committed several mistakes” after assuming charge and promised people that such mistakes would not recur. - TDP agrees to join JAC; Cong ministers in Delhi - Shibu Soren to take oath as Jharkhand CM - Shibu Soren invited to form govt in Jharkhand - Efforts to form Jharkhand govt gather momentum - BJP MLAs meet on Jharkhand govt formation - JMM claims support of BJP, AJSU to form government “I have committed several mistakes after taking over as chief minister. I have learnt a lesson from them and promise that these would not recur in future,” he told reporters here. Dismissing charges that he had compromised to remain in power, Yeddyurappa said, “I will not continue in office at the cost of interest of the state and the people. I will quit if I fail.” The chief minister, who has convened a meeting of the party’s legislature committee tomorrow in the wake of reports about fresh bout of dissidence in the party, expressed concern about the reported dissidence and said he was confident it would end soon. Responding to the “criticism” over induction of controversial party legislator M P Renukacharya into his cabinet, he said it was his decision and he took “all responsibility for it”, adding he would explain it at tomorrow’s meeting. The induction of Renukacharya, who supported the ‘oust Yeddyurappa campaign’ conducted by the Reddy brothers — tourism minister Janardhana Reddy and revenue minister Karunakara Reddy — last month, had been opposed by some MLAs. Yeddyurappa managed to weather the crisis with the party central leadership working out a compromise formula between the warring factions.


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