-The Indian Express Finance Minister Pranab Mukherjee today announced Rs 1,00,000 crore increase in the agriculture credit target to Rs 5,75,000 for the next fiscal and raised the outlay for farm sector by about Rs 3,000 crore. "Agriculture continues to be a priority to the government. The total plan outlay for agriculture and cooperation has been increased by 18 per cent from Rs 17,123 crore in 2011-12 to Rs 20,208 crore in...
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Gotcha! Three sins of loan recovery
-The Telegraph Bengal’s co-operation department spent the better part of Tuesday on an unusual mission: how to enforce Mamata Banerjee’s very chief ministerial order to nail those who tried to recover money lent by a co-operative bank. “I have asked to lodge an FIR,” Mamata had declared yesterday while ordering the withdrawal of attachment notices on two farmers and announcing that the law will be changed to make government approval mandatory before...
More »Fund boost: MPs can now dip into MGNREGA kitty by Prasad Nichenametla
-The Hindustan Times MPs, who already get R5 crore each to develop their constituencies, suddenly have more funds to dip into. The government has made available to them money under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), its flagship livelihood programme. The statistics and programme implementation ministry, which monitors the Member of Parliament Local Area Development Scheme (MPLADS), has decided to converge the fund with MGNREGA after representations from MPs,...
More »Tribals, dalits take to streets against illegal mining
-The Times of India Thousands of dalits and tribals took to streets in Sonbhadra on Sunday to protest against the illegal mining taking place in the district. The immediate cause of the protest was the recent mining accident which left over 10 labourers dead. The protesters organised a march and gheraoed the local police station. They also handed over a memorandum to the district administration. Addressed to the governor, the memorandum demanded...
More »Farmers demand separate budget for eco fertilisers by Trithesh Nandan
“Huge subsidy on chemical fertilisers unmindful, useless” Small and marginal farmers have raised the demand for special allocation for organic farming and ecological fertilisation in the forthcoming budget, which finance minister Pranab Mukherjee will present on March 16. According to them, chemical fertilisers, the subsidy for which is likely to touch Rs 1 lakh crore in 2011-12, are not benefitting the soil and are burdening them with high-cost cultivation instead. “The government...
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