The Bill to regulate Microfinance Institutions tabled in the Andhra Pradesh assembly on Friday has upset the Microfinance institutions (MFI) network, who say their concerns have not been addressed and that may force them to shut operations in the state. "Repayment has fallen drastically and so we are not in a position to continue operations in Andhra Pradesh unless the situation is remedied," said Vijay Mahajan, President, Micro Finance Institutions Network. The...
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UP agri sector in for major credit flow during FY12 by Virendra Singh Rawat
Total credit potential estimated at over Rs 65,000 croreThe agriculture and allied sectors in Uttar Pradesh are in for a major boost during the period 2011-12 with the total credit potential in the farm and non-farm segments pegged at Rs 65,440 crore for the next financial year.This would be a jump of more than 20 per cent over state credit target estimated for the current financial year at Rs 54,000...
More »Pawar: enhance farm production to implement Food Security Act by Sarabjit Pandher
No proposal to revise Minimum Support Price Despite demands from Punjab, Haryana, Uttar Pradesh, Chhattisgarh and Madhya Pradesh, there is no proposal with the Centre to revise the Minimum Support Price (MSP) or announce any bonus for wheat, paddy and sugarcane crops. However, it is working towards a system of ensuring remunerative prices under which farmers do not require any concessions in future, according to Union Food and Agriculture Minister Sharad...
More »Lethal impact by R Krishnakumar
The issues relating to the victims of endosulfan, sprayed in the plantations of Kasargod district in Kerala, have snowballed once again. “Earthworms emerged from the soil, and, subsequently, died. Then birds came to eat the earthworms and they died as well.” “Some termites were killed in a cotton farm sprayed with endosulfan. A frog fed on the dead termites, and was immobilised a few minutes later. An owl which flew over...
More »Battle lines drawn for Cancun climate conference by Richard Ingham
Familiar battle lines emerged on Sunday on the eve of a conference to restore the credibility of the UN's talks on climate change after last year's near-disaster in Copenhagen. Campaigners said the interests of the environment and poor countries would not be sacrificed to help boost the faltering process, while the European Union (EU) called on China, the United States and India to agree to "fair" curbs on their carbon emissions. Nearly...
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