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Govt Approves Rs 10,901 Cr Funds for Crop Loan Subsidy

-Outlook Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal. The Cabinet chaired by Prime Minister Manmohan Singh decided "to continue interest subvention to Public Sector Banks, Regional Rural Banks (RRBs), cooperatives Banks and Nabard to enable them to provide short- term crop loans up to Rs 3 lakh to farmers at 7...

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‘FDI in retail sector will help farmers’

-The Hindu They will be able to secure a premium price for their produce, says Chief Minister Chief Minister N. Kiran Kumar Reddy on Wednesday said foreign direct investment (FDI) in the retail sector would help farmers secure a premium price notwithstanding the controversy surrounding the Central policy matter. Addressing a meeting after inaugurating a godown at the Agriculture Market Yard here, Mr. Kiran Kumar Reddy said an investment of Rs. 500 crore...

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“No to de-regulation of sugar, cane sectors” -Atiq Khan

-The Hindu Batting for about 30 lakh sugarcane farmers of Uttar Pradesh, Chief Minister Akhilesh Yadav has expressed his reservation over the Central Government’s proposal to de-regulate the sugar and cane sectors, which would effectively signal an end to the State’s control over reserving the cane area of the sugar mills and fixing the procurement price for the growers. At his meeting with the Chairman of the Prime Minister’s Economic Advisory Council,...

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Bringing cooperatives under RTI stayed-J Venkatesan

-The Hindu The Supreme Court has stayed a Full Bench judgment of the Kerala High Court holding that cooperative societies in the State would come within the ambit of ‘public authority’ under the Right to Information Act. A Bench of Justices K.S. Radhakrishnan and Dipak Misra stayed the judgment for three months after hearing senior counsel V. Giri and counsel Vipin Nair, appearing for Thalappalam Service cooperative Bank challenging the judgment dated...

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Grapes of theft in villages without water to drink-Jaideep Hardikar

-The Telegraph In the desert-like barrenness of brown around him, Suresh Mangsuli is growing grapes. As the rest of his drought-hit village thirsts for drinking water, he splashes his three acres of vines with over 10,000 litres a day. His huge farm pond is brimming, insured against seepage by a black polythene sheet stretched across its floor. Its water is pumped out to irrigate the vineyard through a network of drip pipes. Growing grapes...

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