Banks have designated red zones where the vast majority of Muslim clusters fall. This fact is confirmed by the rash of banking-related complaints received by the National Commission for Minorities. A little over a year ago, Ali Arshad, a resident of Okhla in Delhi, went to a well-known private sector bank to open a bank account. He thought his case would be fast-tracked because he had a banking background, he worked...
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Blueprint for farm growth by Mohan Dharia
Acting with determination and firm action, it should be possible for India to step up its agricultural growth rate to 10 per cent. The 11th Five Year Plan seeks to achieve 4 per cent growth rate in agriculture by the end of the Plan period. The Planning Commission is working towards an overall 9 per cent to 10 per cent growth rate. But the target of 4 per cent growth rate is...
More »Ryot repays double of loan sum, yet gets notice! by Ramu Bhagwat
Vidarbha Jan Andolan Samiti, which is spearheading a campaign against the defunct Land Development Bank's forcible recovery drive from farmers in distressed western Vidarbha, has disputed the government claim that only big and habitually defaulting farmers are being targeted. Buttressing their charge that LDB was charging usurious rates, VJAS has highlighted the case of Purshottam Ingle of village Tigoan in Wardha, who borrowed Rs 2,90,000 in 2001 from LDB by...
More »Debt-hit Vidarbha farmers stare at land loss
SCORES of farmers mired in debt in the arid cotton belt of Vidarbha in Maharashtra are close to losing their property rights, as the state-controlled Land Development Bank has kick-started the process to recover dues from them. A top revenue ministry official said the process to recover loans by selling off land belonging to those farmers who have defaulted is “definitely on” and could start as early as July 23....
More »46 farmers' suicides in Orissa in two years
After being cornered by the Opposition political parties on several occasions for the past two years over the cases of recurring farmers' suicides in Orissa, the state government has finally come out with a report on the matter. According to the report released in the state legislative assembly by Damodar Rout, the minister for agriculture and cooperation, 46 farmers have committed suicide in 2009-10 and in 2010-11 so far due to...
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