-The Economic Times Farm credit flow has registered a quantum jump during 2010-11, accordign to figures put out by the government, although apprehensions have been expressed that there is urgent to enlist new loanees rather than give credit to time and again to the same borrowers. Credit institutions disbursed Rs. 4,26,531 crore during the year against the target of Rs.3,75,000 crore, an official statement said here. Agency-wise, Commercial Banks with...
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Spurt in farmer suicides in Bundelkhand by Swati Mathur
Everything is in short supply here, especially hope. There was a flicker of it, though, when on April 30 Prime Minister Manmohan Singhcame here with Rahul Gandhi. Maybe the people were expecting a miracle, an end to the misery created by season after season of bad crops and the resultant rising debt. Their hope proved to be short-lived. Since then, nine farmers have killed themselves in Banda district alone, the...
More »Land Acquisition: Government as a Facilitator is the Best Option by Diptendra Raychaudhuri
When it was almost certain that the governments of the country were to take their hands off from total acquisition of land for a private project, the Sonia Gandhi-led National Advisory Council has started thinking otherwise. The thought went out for hundred per cent acquisition by the government. Had this come at the germinal stage of discussion about changes in the colonial Act, it could have resulted in Mamata Banerjee’s face...
More »Madurai chosen for rural pension scheme
-The Hindu Madurai has been chosen as one among eight districts in the country by National Bank for Agriculture and Rural Development (NABARD) for implementing a micro pension project for the rural poor. As part of the launch preparations, a stakeholders' workshop was held here on Monday. Representatives of State Bank of India (SBI), Indian Bank, Canara Bank, Indian Overseas Bank (IOB), Tamilnad Merchantile Bank (TMB), Union Bank of India (UBI), Pandyan...
More »The problem of plenty by Rohtash Mal
Indian farmers have much to celebrate this year with a bumper wheat harvest. As predicted by the ministry of agriculture, wheat farmers have begun to harvest what is shaping up to be a record crop, projected at 84.27 million tonnes. We are growing more wheat than ever before. The earlier record of 80.8 million tonnes of wheat production was achieved in 2009-10. Estimates show that foodgrain production including wheat, rice, pulses...
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