It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...

A revolution in small farm management is essential to revitalise the country’s agriculture sector, according to noted agriculture scientist M.S. Swaminathan. Corporate farming would be detrimental to India. Farming was the largest private sector enterprise in the country, and any bid to take away land from the farmer would be counter-productive. But a symbiotic relationship between farmers and industry, resulting in a win-win situation for both, would be good, he...

The District Rural Development Agency has hiked the wage from January 1 ERODE: Hike in National Rural Employment Guarantee Scheme (NREGS) wage has got Erode farmers worried about labour shortage. Following State Government’s instruction, the District Rural Development Agency, which oversees NREGS implementation, hiked the wage January 1 onwards by Rs. 20 to Rs. 100 a day. Under NREGS below poverty line families get work for 100 days a year, which is...

Replying to a question in the Rajya Sabha on farmers falling into a debt trap, the government came out with data that are startling. Rice farmers have suffered losses in all regions save Andhra Pradesh over three cropping years ending in 2006-07, with wheat farmers faring a little better. Even today, news reports suggest that farmers do not really gain much even as consumer prices go through the roof. This...