-The Hindu Private companies get loansat 6.5% with additional cash refunds; for farmers it is 7% The National Bank for Agriculture and Rural Development (NABARD), which is dedicated to promoting rural development by providing soft loans to State governments for social sector projects, has given hundreds of crores as loans to corporates on concessional terms. In the Union Budget of 2011-12, Rs. 18,000 crore was allocated by the Centre to NABARD’s Rural Infrastructure...
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Land Bill amendment passed
-The New Indian Express Bhubaneswar: The Assembly on Tuesday passed the Odisha Consolidation of Holdings and Prevention of Fragmentation of Land (Amendment) Bill, 2012, with members of both Treasury and Opposition benches making a strong plea to the Government to ensure that agricultural land is not used for non-agricultural purposes. “The amendment of the Odisha Consolidation of Holdings and Prevention of Fragmentation of Land Act, 1972, will pave the way for fragmentation...
More »FDI to bring new technology in Agriculture, says Prime Minister -Amit Chaturvedi
-NDTV A day after the UPA government won Parliament's approval on its proposal to allow foreign direct investment or FDI in multi-brand retail, Prime Minister Manmohan Singh has said FDI will create a revenue model for farmers. "FDI has been passed by Parliament and it was strongly supported by organisation in Punjab. Agriculture and food retail business will be benefited by it, farmers and consumers will be benefited by FDI," the Prime...
More »The Colours Of Fallacy -Prasenjit Bose
-Outlook Talking ‘communal’ about FDI trivialises the secular cause If one adds up the number of MPs in the Lok Sabha belonging to political parties that have a stated position against FDI in retail trade, it will certainly be bigger than the number of MPs in favour of FDI. Actually, the figure goes well past the Lok Sabha majority mark of 272. Yet the resolution opposing FDI received only 218 votes...
More »Keeper of grains-Jyotika Sood
-Down to Earth An ecologist has been guarding seeds of more than 750 rare rice varieties for over a decade Lit by a kerosene lamp, the two-room hut just outside a sleepy hamlet in Odisha’s Rayagada district can easily pass off as any other farmer’s house in this tribal region. Step inside it, and one is taken aback by the hundreds of earthen pots labelled with coded stickers stacked in a corner...
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