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Banks to disburse Rs 9165 crore farm credit to Orissa farmers

The Orissa government on Monday unveiled an ambitious plan to provide agricultural credit of Rs 9165 crore in this fiscal compared to Rs 5300 crore in 2009-10. In a conscious move to avoid the embarrassment of having the tag of anti-farmers, the government has also decided to continue with 2% interest subvention on the farm credit, according to minister for agriculture and cooperation, Damodar Rout. In another significant development, the...

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India’s underbelly exposed by Radhieka Pandeya

Mokhada, Maharashtra: In the last 15-16 years, Jhaluriben Baria has had eight children, two of whom died within five days of their birth. Her youngest child Heera Gopabhai Baria, a boy, is seven months old. The infant is ensconced in a plastic sack strung across two sticks at the entrance of their house in Panchyasan village in Devgadh Baria block of Dahod district, Gujarat. Playing alongside is his sister, Premilaben Baria....

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Poor Performance by SL Rao

India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...

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Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk

Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

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House that? All houses 'pucca' by 2017 by Subodh Ghildiyal

The Centre wants all `kutcha' houses to be replaced by durable, disaster-resistant structures by 2016-17. It forms the big expression of intent in the first-of-its-kind `rural housing and habitat policy' that UPA may announce soon. The government wants to engage NGOs in rural housing, a sector the voluntary organisations have shunned till now. The government feels the rural populace will benefit from NGOs in the field of "technology dissemination" and...

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