-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...
More »SEARCH RESULT
Farm loan target fixed at Rs 5.75 lakh crore: P Chidambaram
-PTI KARAIKUDI (TN): Disbursal of agricultural loans has been on the rise under the UPA regime and the target for this fiscal has been fixed at Rs 5.75 lakh crore, an increase of Rs 1,00,000 crore over the previous year, Union Finance Minister P Chidambaram said today. 'We have set a target of disbursing Rs 5,75,000 crore (loans) during this year (2012-13),' he said inaugurating the new building of Rural Training Centre...
More »A richer approach to poverty reduction -Shailaja Fennel
-The Hindu Business Line India can learn from Brazil’s Bolsa Familia and China’s Gansu Programme to make refinements to its MGNREGA scheme. The development experiences of Brazil, China and India provide a valuable opportunity to understand the relationship between growth and distribution over periods of high rates of growth. The growth story playing out in all the three emerging economies have resulted in large regional as well as spatial inequalities, between rural and...
More »Rajasthan to act against those employing children below 18 -Mohammed Iqbal
-The Hindu In a far-reaching decision, the Rajasthan government has announced that a person below 18 years will be considered as a child labourer if he or she is employed. Accepting the long-pending demand of child rights groups, the government announced a comprehensive standard operating procedure (SOP) for identification, rescue, protection and rehabilitation of children employed in various occupations. The decision has come as a major triumph for advocacy groups seeking the abolition...
More »Rural land may be classified to protect farm interest-Amiti Sen
-The Economic Times The rural development ministry has drawn up an ambitious plan to demarcate rural land depending on its use to ensure that fertile agricultural land is not used for industrial purpose. An inter-ministerial group that will include experts from the national remote sensing agency and the town and country planning organisation will work out a feasibility plan. "While passing by huge tracts of fields full of crops it is not unusual...
More »