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NABARD now offers loans to corporate sector-Nagesh Prabhu

-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...

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India's food security act: Myths and reality-Vandana Shiva

-Al Jazeera   The reforms promoted by Prime Minister Singh do not go far enough to help food production and the hungry. The debate on the Food Security Act is based on myths on both sides. The government is propagating the myth that it is the largest anti-poverty and anti-hunger programme ever introduced anywhere in the world. The programme is being heralded as Sonia Gandhi's dream project, and billed as a miracle solution...

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No drinking water, electricity and sanitation in 20% of rural houses: Report

-The Times of India   One in five rural households has none of three basic facilities - drinking water, electricity and sanitation - while only about 18% have access to all three. The India Rural Development Report 2012-13 released by Jairam Ramesh on Thursday also shows that while rural poverty has reduced significantly from over 40% to just 26%, there is large variation in poverty reduction between regions, districts and social classes...

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A sugar rush that could fuel the economy -R Viswanathan

-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...

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33 districts in Bihar declared drought-hit

-PTI PATNA: Taking into account deficient rainfall this year, Bihar government on Wednesday declared 33 out of the 38 districts of state as drought-hit. The decision was taken at a cabinet meeting presided over by chief minister Nitish Kumar. Principal secretary (Cabinet Coordination and Secretariat) Brajesh Mehrotra and the principal secretary ( Disaster Management Department) Vyasji said the decision was taken because of deficient rainfall in these districts at 20 per cent below...

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