Despite various programmes initiated by the United Progressive Alliance (UPA) government to improve the status of agriculture, famers' leaders strongly feel that not enough has been done and large numbers of farmers remain heavily in debt. 'Various flagship programmes by the UPA government, which started after 2004, have not proved helpful for farmers. Their economic policies are putting an adverse impact on agriculture sector but still nobody is bothered about it,'...
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Manmohan Singh reviews financial inclusion efforts
The Prime Minister, Dr Manmohan Singh, on Friday reviewed the progress towards financial inclusion by banks in India. Dr Singh was briefed on the efforts being made by banks to reach banking services through information and communication technology based models and banking intermediaries to 73,000 rural habitations having population of over 2000 as per the 2001 census by March 2012. The Prime Minister also reviewed the safety and security measures...
More »Punjab farmers to acquire 50,000 hectares of land in Ethiopia
Punjab-based farmers, who are known for feeding the country, now want to try their hands offshore, with a group of progressive farmers all set to acquire 50,000 hectares of farm land on lease in Ethiopia for growing high-value cash crops, including pulses and maize. "We will be inking a deal with the Ethiopia government next month for getting at least 50,000 hectares of area for growing crops like pulses and...
More »Farmers in drought hit districts to get diesel subsidy
Farmers in drought hit districts in this unusually heavy rains monsoon season will get a diesel subsidy of Rs 500 per hectare, agriculture minister Sharad Pawar announced here on Friday at the start of the National Conference on Rabi Campaign, even as the Centre awaits bumper crop production for most key Kharif crops including paddy, pulses, coarse cereals and sugarcane. Oilseeds are the only crop where acreage is lower than...
More »Give details of bribery in loan waiver scheme, banks told
THE government has directed public sector banks to provide data on corruption charges against bank officials involved in the agricultural loan waiver scheme after complaints that many of them took bribes for processing applications. The finance ministry wants to put such cases on fast track as the performance audit of the scheme has already been initiated by the comptroller and auditor general of India (CAG), the government’s statutory auditor. The...
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