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NABARD Launches New Scheme to Advance Direct Loans

-Outlook Shimla: National Agriculture Bank And Rural Development has launched a Warehousing Scheme (NWS) to advance loans to Public and Private sector for creation of storage infrastructure with a corpus of Rs 5,000 crore during 2013-14. "A dedicated scheme for providing assistance for creation of storage infrastructure with a corpus of Rs 5,000 crore has been introduced, pursuant to announcement made by Union Finance minister in current year's budget and the scheme...

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Madurai’s dry pockets are turning green-L Srikrishna

-The Hindu Villages get infrastructure to conserve water and recharge wells Madurai: The district's dry pockets in the Usilampatti and Sedapatti blocks are alive with development activity aimed at mitigating the hardship faced by drought-hit farmers. Watershed and percolation ponds are being created in these regions. On the lines of initiatives taken by the National Bank for Agriculture and Rural Development (NABARD) and non-governmental organisations, the State government is establishing watershed projects to...

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50 years on, Bhakra Dam oustees wait for rehabilitation

-The Times of India SHIMLA: Nand Lal Sharma was a Class VIII student when 71 bighas of land owned by his family in Bilaspur district of Himachal Pradesh was acquired for the construction of Bhakra dam. Today, Nand Lal, now in his 70s, is heading a movement to ensure the proper settlement of Bhakra dam oustees since the majority of people who gave their land for the "new temple of resurgent...

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Digging up the dirt-Madhav Gadgil

-The Hindu Mining companies have received favourable impact assessments even as they do great damage to the environment because regulators are willing to look the other way Last week, world leaders concerned about economic development got together at the International Monetary Fund, and gave a series of most instructive interviews. Our Finance Minister, P. Chidambaram, said that his problem was the slowing down of India's economic growth and reduction in government revenues....

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The silver lining

-The Business Standard Contrary to earlier claims, farm growth may be robust The projection by the Commission for Agricultural Costs and Prices (CACP) of robust agricultural growth of above five per cent and a consequential handsome rise in rural incomes comes as a silver lining to India's otherwise gloomy economic scene. The CACP's reckoning, based on a rigorous mathematical model, virtually discounts the agriculture ministry's kharif crop output estimates (called first advance...

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