In an attempt to extend the reach of banks in rural and semi-urban areas, the finance ministry has asked public sector banks to integrate their operations with regional rural banks (RRBs). "Charges for various banking services used by customers of RRBs are to be aligned with the sponsoring banks," a finance ministry official said on condition of anonymity. "Further, cheques or drafts issued by RRBs should be treated at par...

The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it. AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa. At one level, this process is simply following the hoary old tradition in global capitalism of firms (often supported...

-Express News Service   Two farmers of Sambalpur and Nuapada districts allegedly committed suicide by consuming pesticide on Sunday night over failed crop and debt burden. This is the fourth such suicide in Sambalpur district and second in Naupada. One Ganesh Bhoi (47) of Sanatanpali village in Ghenupali gram panchayat of Jujumura block of Sambalpur committed suicide on Sunday night following three consecutive crop losses. Though he was rushed to VSS Medical...

Who can forget Munshi Premchand's short story 'Do Bailon Ki Katha' that immortalizes the incredible bond an Indian farmer has with his bullocks? The economics of Indian farming and animal husbandry, however, are ensuring that this bond might live only in such fables. As will the sense of gratitude and pride with which rural India worships its bullocks on the day of Pithori Amavasya, also known as Bail Pola in...

At a time when the Anna-tide has swept the people across the country against the anti-corruption campaign, sadly, the agrarian crisis continues to take a heavy toll on farmers in Vidarbha. Unable to put up with crop failure, crippling debts and not getting remunerative price for their produce, six more distressed cotton-growers have committed suicide in Vidarbha over the last 48 hours. Reports reaching Nagpur on Thursday said six cotton growers...