The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...

The Environment and Forests Ministry was in news throughout 2010 -- be it for Vedanta Resources, Posco and Lavasa -- or for Jairam Ramesh's aggressive green activism. While the ministry rejected the green signal to Vedanta for its $1.7 billion project to mine bauxite in the Niyamgiri Hills of Orissa noting that the company violated the environment and forests rules, it put the $12 billion project by South Korean steelmaker Posco...

Over the past decade, as crops have failed year after year, 200,000 farmers have killed themselves Naryamaswamy Naik went to the cupboard and took out a tin of pesticide. Then he stood before his wife and children and drank it. "I don't know how much he had borrowed. I asked him, but he wouldn't say," Sugali Nagamma said, her tiny grandson playing at her feet. "I'd tell him: don't worry, we...

The economy shows consistent signs of growth. The challenge in the new year is to make development more equitable and broad-based… 2010 was a year of relief that soon grew into despondency. We were relieved that India had pulled out of the deepest post-War recession relatively unscathed. The soundness of its cautious macro-economic management was underlined once again and the US economy is also looking like getting slowly back on...

Majority believe environment, livelihood are at stake Region falls in seismic zone III, which is not suitable for nuclear plants Villagers contest NPCIL claim that 626.527 out of 938 hectares acquired is barren It will be a mistake to construe the people's struggle against the proposed Jaitapur Nuclear Power Project as an agitation for higher compensation, says a social impact assessment report prepared by the Tata Institute of Social Sciences. A majority strongly believe...