Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...
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MFIs: Confusion still reigns by Arvind Panagariya
Confusion continues to reign in the debate on microfinance that has unfolded following the promulgation of the Andhra ordinance, soon to be replaced by Andhra Pradesh Micro Finance Institutions (Regulation of Money Lending) Act, 2010. A key confusion has been that microfinance is a major instrument of poverty alleviation. Going by the available scientific evidence and agreement among scholars, to-date, there exists no compelling study linking the expansion of microfinance to...
More »UP to implement agriculture insurance scheme
Showing its concern for farmers, the Mayawati government on Wednesday decided to implement the amended national agriculture insurance scheme (NAIS) and the all weather-based crop insurance scheme from the current sowing season. Both these schemes involve an expenditure of Rs 900 lakh. A decision to this effect was taken at a cabinet meeting presided over by chief minister Mayawati here on Wednesday. The NAIS, according to an official release, will be implemented...
More »MANY KIDS DEAD, MANY ABOUT TO DIE, OF MALNUTRITION IN MP
Is Madhya Pradesh the epicentre of malnutrition deaths? Recently, villages in the State’s Shivpuri district witnessed children of Sahariya tribe falling victims of malnutrition. Their names, according to the Asian Human Rights Commission (AHRC): Parant, Rajveer, Rajkumari and Sanni and they were all aged 3 years or below. The AHRC cautions that many more children like Ashiq, Kuldeep, Pawan and Malti from the same tribe are battling death due to...
More »NABARD delaying talks on panel report: Sudhakaran
Says the bank has also stopped refinancing farm Loans Says no NABARD official has visited his office in a year Criticises Milma for deposits in a private bank Cooperation Minister G. Sudhakaran said here on Monday that the National Bank for Agriculture and Rural Development (NABARD) had not been taking the initiative to hold discussions on implementing the Vaidyanathan committee report on cooperative sector reforms and had stopped refinancing farm Loans in the...
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