U.S. President Barack Obama's interaction with the inhabitants of Kanpura village in Ajmer district of Rajasthan through video-conferencing on Sunday gave him a glimpse of the information technology revolution in rural India that extends the benefits of modern technology and services to the grassroots to improve the quality of people's lives. Union Minister of State for Communications and IT Sachin Pilot led the rural group during the 10-minute interface at the...

For generations, a majority of Vidarbha’s debt-ridden farmers have only grown cotton, making themselves vulnerable to unreliable market conditions. Now, these and other districts facing an agrarian crisis, as well as the rest of the state’s agriculture community may have some reason to smile. Rs 643 crore will be pumped into the state for the farmers, with the government going ahead with its ambitious Maharashtra Competitive Agriculture Project (MACP). On Tuesday, the...

Even before the Reserve Bank of India (RBI) finalizes the guidelines for handing out new bank licences, its draft proposal has evoked unease in the National Bank for Agriculture and Rural Development (Nabard), which oversees the country’s 82 regional rural banks (RRBs). Nabard has taken exception to the banking regulator’s proposal to allow industrial houses to take over RRBs and convert them into full-fledged banks, saying such a move could dilute...

According to the National Bank of Agriculture and Rural Development (NABARD) data on loans given out by nationalised and cooperative banks, there are more farmers doing agriculture in Delhi than Madhya Pradesh, Uttar Pradesh, Karnataka and West Bengal. The farmers in Delhi were allotted loan of Rs 22,077 crore in 2009 alone at mere 5% rate of interest, which is the second highest after agriculture-rich Punjab. Delhi’s loan disbursal amount is bizarre,...

Vice-President M Hamid Ansari today said it is "anomalous" that over 250 million Indians were chronically undernourished although the nation has achieved self-sufficiency in foodgrain production. "This is anomalous looking at record food grain production in recent years," Ansari said quoting Food and Agriculture Organisation reports while delivering the convocation address at the Orissa University of Agriculture and Technology (OUAT) here. Stating that the country has achieved self sufficiency in food grain...