Technology… the knack of so arranging the world that we don’t have to experience it — Max Frisch, Swiss novelist and playwright Why do MNCs excite extreme emotions in India ? If you take any one of them from banks to pharma and chemicals to defence and aerospace, they are all clubbed together with the “usual suspects” who do more harm than good despite all the good intentions they might have had....
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U.N. Warns of Pakistan Food Shortage by Zahid Hussain
The United Nations warned Wednesday that a food shortage could threaten the lives of thousands of people trapped in floodwater in northwestern Pakistan as six U.S. army helicopters joined the relief effort. A U.S. embassy spokesman said four CH-47 Chinook and two UH-60 Blackhawk utility helicopters arrived in Pakistan Wednesday as part of the U.S. government's continued assistance to Pakistan for humanitarian-relief operations. Bad weather and fresh rain hampered helicopter flights, which...
More »After waiver, loans at 5% for farmers next on agenda by Mahendra Kumar Singh
At a time when agriculture production has become key to economic expansion, the Union Cabinet on Friday will consider a proposal to fulfill its promise of crop loans at a cheaper rate of 5% to farmers who make timely repayment. In the current year's budget, finance minister Pranab Mukherjee had proposed to give up to 2% interest rate subvention to farmers who do not default on their repayments, making the...
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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