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NGOs hold pre-Budget meeting with Pranab by Aarti Dhar

At present, the government spending on education is about 3.4 percent of GDP ‘It is imperative that the government increase outlays in Sarva Shiksha Abhiyan' A delegation of the People's Budget Initiative met Finance Minister Pranab Mukherjee here on Saturday to demand enhanced resources for the social sector which was crucial for the development of human resource and the nation. Formed in 2006, People's Budget Initiative is a coalition comprising representatives from people's...

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Project that brought many farmers out of debts by MJ Prabu

In 2-3 years after implementation, money generation was seen Melaneelithanallur village in Tirunelveli district is bone dry most of the year. Lack of water for crops over the years turned the soil into dry wastelands, considered unfit for use. “Until a few years ago, almost all the farmers in the region wallowed in debt and poverty. Many households lacked even proper metal utensils for cooking as the inhabitants used to pawn...

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Malegam report to hurt microfinance by Krishnamurthy Subramanian

An empirical analysis of the microfinance industry shows that the recommendations of the Malegam committee would have significantly more detrimental consequences than have been anticipated in the report. The microfinance exchange (www.mixmarket.org) is the most comprehensive data source for MFIs across the world. Table 1 displays the information on several parameters of Indian MFI performance for 2009. Column 2 displays the average values of performance parameters across 88 Indian MFIs....

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Indigenous potion for sting protection by Satyanarayan Pattnaik

Tribals have their unique ways of treating various diseases in their conventional methods without using modern medicines. And when it comes to get rid of mosquitoes, tribals in Koraput district's Lamataput block are using a home-made potion since ages. They do not purchase any mosquito coil or liquidator from the market to keep mosquitoes at bay, but use a potion prepared from seeds of a fruit, kusum, saves them from...

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Pitch forking the farmer into the marketplace by Shailendra Sinha

The face of agriculture in India is changing fast. It needs to become not only sustainable but also profitable for farmers especially the young to stay on the land and cultivate it. The farmers must understand how markets respond to agricultural produce. He should not stop by spending all his life's energy and resources on creating the agricultural produce, but should know how to get good returns for his efforts. This is...

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