-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...

-India Together All the increased budgets for education in the country may not amount to much, if the States don't move the money fast enough to the intended uses, which is not happening now. Himanshu Upadhyaya reports.  The Comptroller and Auditor General's recent performance review of elementary education in Tripura has once again brought to our attention prolonged delays in release of funds meant for schools. The performance review, of accounts spanning...

-The Hindu The country has shown that it is possible to have superior social outcomes at lower per capita incomes and rates of economic growth Bangladesh is very much in the news these days in our country, but for the wrong reasons. In the unfortunate Bangladesh-bashing that seems to have become somewhat of a pastime, we seem to have failed to notice the striking developmental success that it has had in the...

-The Economic Times The Centre plans to make Bank Creditaccess easier for rural population, especially in states were poverty is high. In Uttar Pradesh, Madhya Pradesh, Rajasthan, Bihar, Jharkhand, Chhattisgarh, Maharashtra and Gujarat, the gap between credit available to self help groups and the demand for credit is stark. At present, 80 per cent of all bank support to SHGs is in Andhra Pradesh, Tamil Nadu, Karnataka and Kerala. In Uttar Pradesh, Madhya...

-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...