At a time when agriculture production has become key to economic expansion, the Union Cabinet on Friday will consider a proposal to fulfill its promise of crop loans at a cheaper rate of 5% to farmers who make timely repayment. In the current year's budget, finance minister Pranab Mukherjee had proposed to give up to 2% interest rate subvention to farmers who do not default on their repayments, making the...
More »SEARCH RESULT
Total Matching Records found : 1287
Debt-hit Vidarbha farmers stare at land loss
SCORES of farmers mired in debt in the arid cotton belt of Vidarbha in Maharashtra are close to losing their property rights, as the state-controlled Land Development Bank has kick-started the process to recover dues from them. A top revenue ministry official said the process to recover loans by selling off land belonging to those farmers who have defaulted is “definitely on” and could start as early as July 23....
More »46 farmers' suicides in Orissa in two years
After being cornered by the Opposition political parties on several occasions for the past two years over the cases of recurring farmers' suicides in Orissa, the state government has finally come out with a report on the matter. According to the report released in the state legislative assembly by Damodar Rout, the minister for agriculture and cooperation, 46 farmers have committed suicide in 2009-10 and in 2010-11 so far due to...
More »Banks to disburse Rs 9165 crore farm credit to Orissa farmers
The Orissa government on Monday unveiled an ambitious plan to provide agricultural credit of Rs 9165 crore in this fiscal compared to Rs 5300 crore in 2009-10. In a conscious move to avoid the embarrassment of having the tag of anti-farmers, the government has also decided to continue with 2% interest subvention on the farm credit, according to minister for agriculture and cooperation, Damodar Rout. In another significant development, the...
More »Media has lost its sense of priorities: Sainath
Pointing out that a disconnect exists between mass media and mass reality in India today, P. Sainath, Rural Affairs Editor of TheHindu, said the media had lost its sense of priorities and was out of touch with the problems of a vast section of the population of the country. He was delivering the Silver Jubilee Lecture on “Mass media: But where are the masses?” at the Indira Gandhi National Open University...
More »
