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Nabard records 40% growth in farm credit in FY12

-The Business Standard   The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and rural development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...

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Anna’s top man in Mumbai floated NGO to help builder-Yogesh Sadhwani

E-mail circulated by an RTI activist alleges irregularities in the Chira Bazaar cluster development project On Sunday, when Anna Hazare sounded the war cry against the government with a day-long fast in Delhi, the India Against Corruption cadres in Mumbai were battling a crisis that can severely dent the reputation of one of Anna’s top aides. On the radar is Mayank Gandhi, the face of the India Against Corruption movement in Mumbai;...

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Climate Change Threatens the Poor in Cities by Manipadma Jena

India, like other Asian countries, has focused its climate change adaptation strategies on rural and urban areas while neglecting the urban fringes, say experts. Peri-urban areas are characterised by haphazard, accelerated expansion and are farthest from basic urban services and infrastructure, according to United Nations-Habitat’s ‘The State of Asian Cities 2010-11’. By 2020, of the projected 4.2 billion urban population of the world, 2.2 billion will be living in Asia, many...

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No Guarantee of Food Security in Children’s Incredible India by Razia Ismail

India’s decision-makers seem to find it difficult to see that there are children in the country. Being unable to see them, they are unable to perceive that they are hungry. In an age when we are able to use euphemisms like ‘under-nutrition’, this is perhaps not surprising. But it is disgraceful none the less.   This country has a large population of children. Fortyone per cent of its total numbers. The national...

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UPA makes its case for cash transfers by Remya Nair & Surabhi Agarwal

India moved a step closer to implementing cash transfers of direct subsidies and social welfare payments after a high-level panel presented the blueprint for effecting it through an Aadhaar-based payment gateway. Accepting the report, which details how all payments and cash transfers can be made electronically, finance minister Pranab Mukherjee indicated that it will be the key to plug leakages and ensure more targeted spending under the government’s social welfare programmes. The...

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