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CAG's agri report slams MP govt by Shashikant Trivedi

The Comptroller and Auditor General (CAG) of India has cornered the state government, which had recently demanded a special package of Rs 2,500 crore for frost-hit farmers, in its report tabled in state Assembly today. The CAG has found gross irregularities, non-implementation of schemes, weak budgetary and expenditure controls in both original and supplementary budgets, rush of expenditure at the close of the financial year and underutilisation of central assistance. “The targets...

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Dismal MP agri credit growth bankers show least interest by Shashikant Trivedi

After the sanctioning of education loans, the public and private sector commercial bankers have shown almost no interest in sanctioning farm loans this year. The farmers in Madhya Pradesh continue to face financial strain and have stayed away from bankers. But the bankers consider last year’s debt waiver scheme being responsible for the low agri credit flow. While state-owned cooperative bankers moved ahead in sanctioning and disbursing priority sector advances, private...

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Jairam unhappy with forest scheme implementation

The Union Environment Ministry plans to review its compensatory afforestation scheme next month, with Minister Jairam Ramesh saying he is “horrified” by reports on the implementation of the scheme in some States. The Compensatory Afforestation Fund Management and Planning Authority, better known as CAMPA, has over Rs. 11,000 crore, including accrued interest. The money, which had been lying in CAMPA's Bank Accounts since 2002, was finally released for partial distribution to...

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DMK's free lunches turn costly by N Madhavan

Eighty labourers, both men and women, are at work at Thiruvanduthurai village in Tiruvarur district of Tamil Nadu, about 325 km south of Chennai. They are digging a pond - about an acre wide and six feet deep - funded under the Mahatma Gandhi National Rural Employment Guarantee Scheme, or MGNREGS. Outside the work perimeter, two middle aged men look on, worried. P. Murugan and K. Govindaraj are farmers from the...

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NREGA failed in Assam: Study

Assam’s performance on NREGA implementation remained a matter of concern for the year April 2009 – March 2010. NREGA is to guarantee 100 days of guaranteed employment of the rural communities of Assam but research showed a different picture. North East Social Trust (NEST), a voluntary organization working for the community development for last eight years in Assam, carried out a research last year in collaboration with the Indo-Global Social...

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