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In Haryana, get a bride for Rs 1K from Bihar by Sukhbir Siwach

Haryana, reeling under a skewed sex ratio, is faced with yet another startling fact – an NGO has found that girls are being "bought" and brought to Haryana from 20 states across the country. The state's sex ratio stands at 837 in the 0-6 years age group, its lowest in the last five years and second only to Punjab. In one case, the family of a girl from Bihar was paid...

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India widens bank loan investigation

Indian federal investigators have announced an inquiry into 21 companies in connection with a banking loans scandal. Eight bankers have already been arrested this week, including senior executives of top state banks, accused of taking bribes to sign off loans. The Bombay Stock Exchange fell by 1% as a result of the inquiry, analysts said. The investigation is the latest in a series of corruption scandals to hit the country. Those arrested on Wednesday...

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A grains policy in silos

The Food Corporation of India (FCI) should feel relieved that the private sector has stepped in to create additional foodgrain storage capacity, bridging the extant gap. However, it is difficult to fathom why much of the new warehousing capacity is sought to be put in place in grain-surplus states (production centres) — notably Punjab and Haryana, besides some others like Andhra Pradesh, Tamil Nadu and Maharashtra — rather than in...

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Agriculture machinery makers bullish on Indian market by Arun Iyer, Madhvi Sally & S Sujatha

A growing shortage of farm hands and smaller land holdings are forcing many farmers to mechanise their farms, allowing multinational agri implement companies to tap into Indian market. A 2006 study by consulting firm Zinnov said that the agri equipment market in India would grow at a compounded rate of 5% between 2006 and 2010 to touch $8 billion. Today, a large number of Chinese, Japanese, American and Italian firms has...

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FCI to add 16 mn tonnes foodgrain storage capacity in 2 yrs

Food Corporation of India (FCI) today asserted that loss of foodgrain stored at its godowns is minimal and said the government would add 16 million tonnes of capacity within the next two years. "It's not true to say that storage loss is as high as 30 per cent...Storage loss is less than 0.4 per cent for rice and none for wheat," FCI CMD Siraj Hussain said at a conference. "Bulk wheat-producing states...

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