The commission has now directed RBI to furnish the information by 10 December to the applicant and publish it on its website by the month-end The Central Information Commission (CIC), which enforces the Right to Information Act, has directed the central bank to make public the names of the top 100 industrialists who have defaulted on Loans taken from public sector banks. The Reserve Bank of India (RBI) had declined to disclose...
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The mystery of the boom in farm credit by Anil Padmanabhan
The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...
More »A story of farmers on holiday
-Live Mint In an unprecedented move, farmers in East Godavari and adjoining districts of Andhra Pradesh declared a crop holiday last season, refusing to cultivate paddy in this fully irrigated region of the state. Farmers say the reason for this drastic step is that cultivating paddy has become unremunerative and they are left with no other choice. The agrarian crisis and its neglect by successive governments are responsible for the low...
More »Tribal farmers resorting to suicide by S Harpal Singh
Failure of crops due to continuing dry season spells doom in agency The damning trend of farmer suicides seems to have arrived even in the agency areas of Adilabad district following the failure of cotton crop this season. As many as six of the 13 cotton farmers to have committed suicide since August 29 belong to the Banjara and Gond tribes. This is the first time when so many suicides among tribal...
More »Kalam for boosting local economy to allay nuclear fears by K Venkataramanan
Suggests Rs. 200-crore plan to win villagers over to Kudankulam Even as a committee constituted by the Centre to address fears about the safety of the Kudankulam nuclear power project was set to meet an experts panel of the Tamil Nadu government on Tuesday, the former President, A.P.J. Abdul Kalam, has recommended a massive Rs. 200-crore special development plan for villages around the project site. The 15-member central panel, consisting of experts...
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