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MUDRA Bank launched by PM Modi, increases farmer’s compensation

-Tehelka Prime Minister announced increase in quantum of compensation for crop damage to affected farmers by 50 per cent. Showering a bright hope to small entrepreneur, Prime Minister Narendra Modi launched MUDRA (Micro Units Development and Refinance Agency) bank under the Pradhan Mantri Jan Dhan Yojana which will provide credit up to 10 lakh to small entrepreneur and act as a regulator for ‘Micro-Finance Institutions' (MFIs). The prime minister also announced increase in...

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Gujarat’s millet production falls drastically -Paul John

-The Times of India AHMEDABAD: Gujarat today figures among the few states in the country with high malnutrition rates among it's children and low immunity levels in its general population. Agricultural scientists and nutrition experts in the country have suggested how effective millet management in Public Distribution System (PDS) and mid-day meal schemes was the key to ensure nutrition security for Small farmers and marginal tribal communities. However, in Gujarat millet...

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Farm to Plate: How safe is your food? -Priyamvada Kowshik

-India Today "The butterflies will show you the way to the farm." Farmer Sunil Gupta is not talking of mythical butterflies that will appear to guide me to the organic farm I am trying to locate amidst swathes of farmland, some lush with the standing paddy, some damaged in parts from last week's strong winds, others dotted with vegetable patches or freshly ploughed for the next crop. Can one tell an organic...

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Troublesome landing -Dipankar Dasgupta

-The Telegraph Singur, the potato bowl of Bengal, appears to have landed in trouble again. Not on account of unwilling farmers grieving over their lost assets, but on account of overproduction by the ones who didn't lose their land. Excess supply of the crop has pulled down prices, leading indebted farmers to slither down the precipice. According to media reports, matters have come to a dismal pass, with a section of...

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PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs

-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...

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