-The Business Standard   Among the many initiatives and innovations being considered to improve returns to farming, the creation of producers’ companies deserves closer policy attention than has been the case so far. A farmers’ company, registered as a corporate entity with the registrar of companies, under the Companies Act, can help farm producers come together and derive economies of scope and scale. A group of farmers in Andhra Pradesh has reportedly...

-IANS   West Bengal Chief Minister Mamata Banerjee, unveilinging scholarships and sops for the state's minorities, on Saturday accused the previousLeft government of sowing confusion by announcing a "hurried and erroneous" quota in government jobs for Muslims. Addressing a programme organised by the West Bengal Minorities Development and Finance Corporation, Banerjee declared that Loans totalling Rs.82 crore will be given this year to the minorities, besides scholarships and stipends worth Rs.122 crore. "This...

Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...

To promote self-employment among people living below poverty line (BPL), particularly women, the rural development ministry proposes to set up a dedicated national bank for women self-help groups (SHGs) and also lower the interest rate on the credit they receive from any nationalized bank. Rural development minister Jairam Ramesh on Monday said he will soon take up both these proposals with the finance ministry. “We have proposed a detailed paper for a...

New rural development minister Jairam Ramesh, who declared his intent to focus on Naxal-hit areas on the day he took charge, is set to visit these. Ramesh, who his ministry officials describe as a man in a hurry, is setting off to Raipur, Jagdalpur and a few more places in Chhattisgarh. The visit is likely this week, sources said. At the signing of a loan agreement today with the World Bank...