-The Economic Times Farm credit flow has registered a quantum jump during 2010-11, accordign to figures put out by the government, although apprehensions have been expressed that there is urgent to enlist new loanees rather than give credit to time and again to the same borrowers. Credit institutions disbursed Rs. 4,26,531 crore during the year against the target of Rs.3,75,000 crore, an official statement said here. Agency-wise, Commercial Banks with...
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In India's grain bowl, farms face threat from MNREGS
-Reuters Sitting at the edge of fields in the heart of India's grain bowl, Gurdayal Singh Malik shakes his head in resignation about the lack of workers needed for his 60-acre farm, blaming the government's flagship welfare program, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), for the shortage. Ever since the start of the program, which guarantees 100 days of work a year for rural households, the flow of...
More »Cash cure for leaky PDS by Anirban Bhaumik
The Government proposal to make cash transfer in place of food grain to poor families has drawn mixed reactions. Raghuvir Nagar on the western outskirts of Delhi has of late turned into a turf for a war between two schools of thought. The war has not been limited to campaigns and debates and purportedly escalated to the level of allegations, even intimidation, so much so that the Government of the national...
More »US universities in Africa 'land grab' by John Vidal and Claire Provost
Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study. Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental...
More »Bill on ‘right to privacy' in monsoon session: Moily by J Venkatesan
“Right to privacy,” like other fundamental rights in the Constitution and statutory rights under various laws, will soon become a reality. Union Law Minister Veerappa Moily indicated that a bill in this regard would be introduced in the monsoon session. The Right to Privacy Bill (a copy is with The Hindu) is to provide for such a right to citizens of India and to regulate collection, maintenance, use and dissemination of...
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