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The circle of economy, the cycle of drought -Sharad Vyas

-The Hindu Drought has devastated once-prosperous Latur. In this two-part series Sharad Vyas (text) and Vivek Bendre (photographs) report from the parched district. Latur: The water train chugging into Latur last week captured national attention. But it took the spotlight away from the daily struggle of lakhs of people facing the immediate consequences of extended drought and acute water scarcity in Latur district. The vagaries of nature have already taken their toll:...

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Tribal women in forefront of the war against drought and water scarcity -Ajitha Menon

-Theweekendleader.com/ Women's Feature Service Purulia (West Bengal): It was ironical that Purulia district often found itself on the West Bengal government's 'drought-hit' list when the average rainfall here is 1100mm-1500mm. The failure to conserve water as well as poor agricultural practices meant that despite back-breaking labour in the fields, farmers could only achieve six months' food sufficiency. Today, however, all that is changing thanks to a water management revolution led by ordinary village...

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Grain vanishes from Punjab godowns; may burn Rs 12,000-crore hole in bank books -Sangita Mehta & MC Govardhana Rangan

-The Economic Times MUMBAI: The splotch of red ink on bank balance sheets is set to become bigger as a new scandal in the form of disappearing food stocks in Punjab godowns threatens to burn a Rs 12,000-crore hole in their books and embarrass the Parkash Singh Badal administration. The Reserve Bank of India (RBI) has ordered all banks with exposure to the Punjab government's food borrowing programme to provide for potential...

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Limited outreach of subsidised crop loan scheme among small & marginal farmers

The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

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Who stole my broadband? -Thomas K Thomas & Pratim Ranjan Bose

-The Hindu Business Line BusinessLine goes to villages, including those visited in 2014, to understand the progress of the ambitious National Optical Fibre Network. Unused infrastructure and low awareness tell a story of missed links In one corner of the Ramnagar village panchayat office, in Panisagar block of Tripura, is a defunct four-year-old computer. The machine, connected with a 10 mbps broadband line was supposed to bring digital services to this remote...

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