At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...

-The Business Standard   It is not often that the government accepts the report of a committee promptly without detailed scrutiny. But an exception has been made – and with good reasons – in respect of the report of the task force on reforming the public distribution system (PDS). The committee, headed by Unique Identification Authority of India Chairman Nandan Nilekani, has made several valuable recommendations that can cure some of the...

Bihar's recent economic growth has created a peculiar problem for real estate and infrastructure firms in other parts of the country.  Migrant labour from the state constitutes around 50% of the unskilled workers employed in these sectors nationally, but increased government expenditure and private investment has caused rural migration from Bihar to fall by a third in recent years, resulting in labour shortages and 35-50% higher wage bills for real estate...

-PTI Making some headway towards resolution of the Kudankulam issue, anti-plant protesters on Tuesday decided to nominate two of their members in the expert committee to be set up by the Tamil Nadu government. The protesters, however, made it clear that they would not hold talks with the 15-member committee set up by the Centre till the work at the Kudankulam Nuclear Power Plant (KNPP) was stopped. S.P. Udhayakumar, the movement’s leader, told...

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...