State Bank of India, the country’s largest bank, plans to scale up its rural book in keeping with its objective to increase financial inclusion. The bank plans to increase its rural lending book by 25% and its deposit base by about 28%,’’ said Jayanta K Sinha chief general manager, rural business, SBI. The bank is also in the process of teaming up with corporates, who would be Business Correspondents(BC). “In keeping...

According to the National Crime Records Bureau, since 2003, one Indian farmer has committed suicide every 30 minutes. In 2008, 16,196 farmers took their own lives, bringing the total number of farmer suicides in India between 1997 and 2008 to 199,132. (Significantly, P. Sainath is of the opinion that like all government data, these figures too are unreliable. For when women farmhands kill themselves, their deaths are not enlisted as...

More than six decades after Independence, the Tamil Nadu government has woken up to the demands of tribals living in Vettukkadu village, surrounded by the Mullaiperiyar river and thick jungles of the Western Ghats, by opening a part-time ration shop in their area. This is the first government project in the village, which is largely inaccessible due to its location between thick forests and the Mullaiperiyar river. No government scheme, including...

In the last few years in different parts of India the issue of land acquisition has become politically explosive.  This isn’t surprising as land, one of the few assets possessed by large numbers of people, particularly in rural India, is rising disproportionately in potential value as commercial and industrial development picks up, as there is never a dearth of real estate magnates, land speculators, local mafia, their political patrons and...

At August 30 meet, it was felt there should be a system of two prices, differential entitlements Since then, NAC Working Group on Food Security has had detailed discussions The Sonia Gandhi-led National Advisory Council (NAC) may be close to finalising the contentious Food Security Bill when it meets here on September 24. Planning Commission Deputy Chairman Montek Singh Ahluwalia and officials from Ministries concerned, including Women and Child Development Secretary, will be...