Small farmers granted waiver by 2008 central scheme win a roller-coaster legal battle In A significant ruling, the Gujarat High Court has granted loan waiver and relief of around Rs 22 crore to 312 farmers who got these loans from an urban co-operative bank for direct agricultural and allied activities under a central scheme. The court also held that no new condition can be added by the HC to a scheme...

The policy is to promote specific high-value segments within agriculture, where corporate houses have major profit interests. A COMMON compliment that Pranab Mukherjee's Union Budget for 2011-12 received from the media was its proclaimed “friendliness” to agriculture and rural areas. It was not just the media; members of India Inc. welcomed the Budget as “focussed” on agriculture. However, a close look at the Budget estimates reveals a different picture. Public...

There is a silver lining to the drought that hit India in 2009-10. Although it sapped the country's growth, it led to an almost doubling of physical assets created under the government's flagship rural employment scheme that year. The drought of 2009-10 was the worst that the country had faced in 17 years. As regular jobs in the farm sector dried up, more people sought work under the Mahatma Gandhi National...

The government has enhanced credit to the agriculture sector by Rs 1 lakh crore in the Budget but the pressure to meet the target has been showing on the bottom lines. All government banks are reporting an increase in their bad debts on farms loans ranging between 80% and 2000% in the first nine months of 2010-11. State Bank of Bikaner and Jaipur reported the highest increase in non-performing assets...

If women in rural areas had the same access to land, technology, financial services, education and markets as men, agricultural production could be increased and the number of hungry people reduced by 100-150 million, FAO said today in its 2010-11 edition of The State of Food and Agriculture report. Yields on plots managed by women are lower than those managed by men, the report said. But this is not because women...