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Nabard to ensure fast funds to states battling storage crisis

-The Economic Times KOLKATA: Eastern and North Eastern states, which grapple with acute storage deficit, will get a priority in fund allocation for setting up warehouses, National Bank for Agriculture and Rural Development (Nabard ) said. States with food deficits like Jammu and Kashmir will also receive a priority treatment. The government has directed Nabard to treat these states favourably to cut farm losses amid implementation of the world's biggest population feeding...

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Women in the forefront of fighting climate change through the ‘gola’ -Ajitha Menon

-Women's Feature Service The ‘gola' or grain basket, built on elevated ground in Goyadham village in Sunderban's South 24 Parganas district, West Bengal, is central to the food security of several households here. As Sofia Bibi, 45, says, "The grain is protected from the recurrent flooding and storms and we are ensured of a regular supply when there is no agricultural work during the months of September to November and March to...

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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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Misery in Seemandhra piles up as agitation continues

-The Times of India HYDERABAD/ VIJAYAWADA: With another round of talks between the government and protesters failing to end the impasse over bifurcation of Andhra Pradesh, the misery of denizens is increasing every minute across strife-torn Seemandhra. From a foundry worker in Vijayawada to an upper middle class banker in Visakhapatnam, the two-month strike, which has gathered more steam now has spared none, with heartrending stories of people suffering across the roiled...

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NABARD now offers loans to corporate sector-Nagesh Prabhu

-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...

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