In a bid to protect food grains from spoiling due to inadequate storage facilities, Punjab and Sind Bank has come up with an initiative to extend credit for the construction of rural godowns in Punjab. The Punjab government is fully supporting this initiative and they have also got the green signal from the government of India. 'The bank will provide finance for construction of rural godowns of any storage capacity as per...

One of the most intriguing features of India's agrarian economy in recent years is the persistence of agrarian distress in many regions, even while agricultural credit flow has risen sharply. Rising flow of credit to agriculture is normally associated with buoyancy in the farm sector. A closer look at the data on agricultural credit reveals that what is termed agricultural credit may have very little to do with agriculture, the...

JHABUA, India — Inside the drab district hospital, where dogs patter down the corridors, sniffing for food, Ratan Bhuria’s children are curled together in the malnutrition ward, hovering at the edge of starvation. His daughter, Nani, is 4 and weighs 20 pounds. His son, Jogdiya, is 2 and weighs only eight. Landless and illiterate, drowned by debt, Mr. Bhuria and his ailing children have staggered into the hospital ward after falling...

Plagued by power shortage but determined to find a way out, 10 villages in Karnataka have switched to solar power. Kerosene lamps and ‘chullahs’ are now things of the past. Anitha Pailoor documents this journey from darkness to light.d to light It’s half past eight in a tiny village called Neeralakatti, 15 km from Dharwad where Mangala is sitting at home, busy grading farm-picked brinjals as she has to send...

In an attempt to further subsidise short-term crop loan to farmers, the Union Cabinet on Friday approved release of Rs 4,868 crore to public sector banks. The decision will ensure that farmers, in general, receive short-term crop loan at 7% per annum (5% for prompt payers) with an upper limit of Rs 3 lakh on the principal amount during 2010-11. "The Union Cabinet today gave its approval for the release...