The Mahatma Gandhi National Rural Employment Guarantee scheme (MGNREGS) is bringing about a silent revolution in rural areas in this drought-prone district. The Prime Minister, Dr Manmohan Singh, inaugurated the programme in a remote village, Bandlapalli, in Anantapur district on February 2, 2006. Since then, the scheme has been providing employment to rural youth and checking migration from the district. About 700 residents in Malakavaripalli thanda in Tumula village panchayat in...
More »SEARCH RESULT
BKU drops Delhi siege plan after Manmohan's assurance by Gargi Parsai
On the eve of a massive agitation by Tikait Singh-led Bhartiya Kisan Union, Prime Minister Manmohan Singh met representatives of the Union and assured them that “farmers interests will be fully protected at all times.” The Prime Minister told the delegation that he would convene a joint meeting with Finance Minister Pranab Mukherjee and Agriculture Minister Sharad Pawar to have an in-depth discussion on the various issues raised by the BKU...
More »Bad debts on farm Loans pile up by Pradeep Thakur
The government has enhanced credit to the agriculture sector by Rs 1 lakh crore in the Budget but the pressure to meet the target has been showing on the bottom lines. All government banks are reporting an increase in their bad debts on farms Loans ranging between 80% and 2000% in the first nine months of 2010-11. State Bank of Bikaner and Jaipur reported the highest increase in non-performing assets...
More »Bharat Nirman
Union finance minister Pranab Mukherjee has been able to convey the impression that the agricultural sector was a key area of policy focus for his budget, but just about. He has chosen some good policies and programmes to boost agricultural development, but has done so in a half-hearted manner. Whether the agricultural sector actually benefits from his attention remains to be seen given that he has been niggardly in the...
More »Order to remove Yunus by Ananya Sengupta
Nobel laureate Muhammad Yunus has been removed as the managing director of Grameen Bank, the organisation he founded in Bangladesh in 1983 to help the poor. The central bank has cited a rule that requires retirement at 60 to order the ouster of the 70-year-old “banker to the poor” who has been embroiled in a Norwegian funds scandal. Yunus had also fallen out with the political establishment after, fresh from the Nobel...
More »