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Is the rural theme losing its charm?-Krishna Merchant

-Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by...

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Census rewriting SC, ST narrative-Anil Padmanabhan & Remya Nair

-Live Mint Latest houselisting data demonstrates a visible growth in the material well-being of the two groups Indians, all of them, across class and caste, traded up over the past decade, a period of rapid and record economic growth—that’s the counter-intuitive message in the latest update to Census 2011. According to the so-called houselisting data released by the census, scheduled castes (SCs) and scheduled tribes (STs) have, like the rest of the country,...

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Villagers demand resumption of power projects in Uttarakhand by CK Chandramohan

A group of villagers, affected by the stalling of the Him Urja Vidyut Pariyojna at Nandprayag and Vishnugad Vidyut Pariyojna at Pipalkoti, staged a symbolicchakka jam on the Rishikesh-Badrinath highway at Pipalkoti on Sunday, threatening self-immolation if the government didn't order the resumption of construction work there. Unhappy with the government for first promising power and revenue generation opportunities to the affected villagers while taking away their lands, and later scrapping...

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Govt to amend law so RBI can sell 1% stake in Nabard-Remya Nair

Central bank sold its majority stake in Oct 2010; change will ensure entire equity  is held by the govt The government will amend a law governing the National Bank for Agriculture and Rural Development (Nabard) to allow the Reserve Bank of India (RBI) to sell its 1% stake in the development lender. The central bank sold its majority stake in the lender to the government in October 2010. The government owns 99%...

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Microfinance institutions escape charge of abetting suicide of clients-M Suchitra

In 2010, Andhra Pradesh witnessed a series of suicides. These were not cases of farmers' suicides—a regular occurrence in the state which continues to be in the grip of an agrarian crisis. The victims in these cases happened to be the poorest of the poor; most of them illiterate dalits and adivasis. The first information reports (FIRs) of the police reveal that most of the suicides were due to coercive...

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