Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...

To promote self-employment among people living below poverty line (BPL), particularly women, the rural development ministry proposes to set up a dedicated national bank for women self-help groups (SHGs) and also lower the interest rate on the credit they receive from any nationalized bank. Rural development minister Jairam Ramesh on Monday said he will soon take up both these proposals with the finance ministry. “We have proposed a detailed paper for a...

Finally, there's some good news for the United Progressive Alliance government. Consumption numbers for the past six years show that real incomes have grown much faster under the Congress-led coalition than during the National Democratic Alliance era. What's more, poverty is trending down and rural wages are growing smartly. The 2009-10 survey by the National Statistical Survey Organisation (NSSO) shows real spending by each person in rural India rose 6.3%...

In Uttar Pradesh's most impoverished region, Bundelkhand, government officials feed off not just the living but also the dead. Headlines Today has exposed how corrupt officials exploit the grieving families of farmers, who have committed suicide.   In a visit to Bundelkhand in 2008, AICC general secretary Rahul Gandhi repeated a phrase borrowed from his father Rajiv Gandhi: "Out of 100 paise, only 15 paise reaches the poor".   While travelling through this dustbowl...

-MSN   Jalgaon, Jul 13 (PTI) A debt-ridden farmer allegedly committed suicide by jumping into a well in north Maharashtra, police said today. The body of Vishwanath Kashinath Baviskar, a resident of Sukali village, was recovered today, they said. Baviskar had taken loans from four private money lenders. He was unable to repay the amount due to frequent losses in farming, they said. Unable to bear harassment of the money lenders, the farmer decided...