The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...

Agitators have threatened self-immolation if demands are not met The State government has opened negotiations with agitating farmers in Katesar village in Chandauli district bordering Varanasi in Uttar Pradesh. The farmers, who have been protesting the acquisition of fertile agricultural land for a cultural and institutional hub on the banks of the Ganga, continued with their dharna on Monday. They have threatened self-immolation if the land acquisition process launched by the Varanasi...

-The Times of India   The district administration's attempt to acquire land for a city centre has run into a major row with farmers refusing to part with their land. On Saturday, an SDM and a police officer, who had gone to the village to sort out the issue, were confined for hours by villagers in Chandauli. They managed to reach the district headquarters in the evening. Though Chandauli district magistrate Vijay...

It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...

Forty years ago Monkombu Sambasivan Swaminathan helped rescue the world from growing famine and a deepening gloom over the future of food supplies. Today, public policy projects itself as pro-farmer but it does it half-heartedly, complains Swaminathan. M S Swaminathan, member of the National Advisory Council and father of the Green Revolution says the government's allocation for agriculture is insignificant. Doesn't the Union Budget reflect a new focus on agriculture?...