-PTI The job scheme has established the country as a model of inclusive development worldwide The government's ambitious rural job scheme MNREGA has not only unleashed a revolution in rural India but has also established the country as a model of inclusive development worldwide, says a new World Bank report. Hailing MNREGA, 'The World Development Report 2014 (WDR 2014), Risk and Opportunity -Managing Risk for Development' says the scheme illustrates how good governance and social mobilisation...
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Global cereal production set to increase by eight per cent this year –UN food agency
-The United Nations The global supply of cereal this year will surpass the 2012 level by nearly eight per cent, the United Nations food agency reported today, as it also announced a drop in global food prices for the fifth consecutive month. In its Crop Prospects and Food Situation report, the Food and Agriculture Organization (FAO) said the increase is mainly the result of an 11 per cent anticipated expansion in coarse...
More »Punjab smells profit in basmati -Gurpreet Singh Nibber
-The Hindustan Times Chandigarh: Punjab expects profitable basmati crop this kharif season. The price of Indian basmati already has touched $136 (`8,500) a quintal in the international market, lifting the rate in the state as well. In just 15 days into the Harvest season, premium basmati is being lifted for `3,500 a quintal. Last year, the price was about `2,200. Basmati exporters have, so far, bought about 1-lakh tonnes of the product in...
More »Marketing, not hoarding
-The Business Standard Onion crisis is a reminder of the need for retail reform Onion prices in towns have begun, finally, to come down. That follows a fresh Harvest of onions in Karnataka and Maharashtra. But the price rise could happen again - unless its causes are realistically ascertained, and the right lessons drawn. The crisis was generally believed to have been triggered by low production, high exports and rampant hoarding. However,...
More »NABARD now offers loans to corporate sector-Nagesh Prabhu
-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
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