-Outlook A parliamentary committee has picked holes in the ambitious agriculture debt waiver and debt relief scheme of the UPA government saying it could not achieve its goals due to a variety of reasons including violation of guidelines and poor monitoring. Parliament's Public Accounts Committee (PAC) in its draft report on the scheme said there was a "flagrant display of financial and administrative indiscipline by the Department of Financial Services (of the...

-Down to Earth Faced with crop losses because of erratic rainfall and extreme weather, tribal farmers of Maharashtra and Madhya Pradesh turn to bewar and penda forms of cultivation that keeps them nourished all times of the year, but government agencies are bent on rooting out these farm practices Hariaro Bai Deoria should have been a worried person this year-an untimely spell of rain late last October flattened her paddy crop, and...

-The Week Telangana leader claims he is making astronomical profits from capsicum farming Telangana: Not many politicians who own land are farmers. But Telangana Rashtra Samithi president K. Chandrasekhara Rao is different. While he ensures Telangana remains a burning issue, Rao is also busy growing capsicum, potato, bitter gourd, and bottle gourd. The capsicum crop itself, he claims, will fetch him Rs.10 crore. His claim of huge returns and promise of land...

-PTI MUMBAI: Recommending sweeping changes in the banking structure, an RBI panel on Tuesday suggested setting up of specialized banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 15-minute walking distance anywhere in the country. "By January 1, 2016 each resident, above the age of 18, would have an...

-Outlook Muzaffarnagar (UP): A debt ridden farmer in Atrohana village in the district has allegedly committed suicide by shooting himself at his house, police said. Sanjay Tyagi (48), was depressed over the mounting debts that he had taken from a bank and as the bank officials were pressuring him to pay back the loan, yesterday he took to the extreme step, they said. The body has been sent for postmortem. Meanwhile, block secretary of...