The microfinance bubble has burst. The AP government ordinance, the AP oppositionfs campaign asking borrowers not to repay and the sheer public hostility towards MFIs . all these have put the brakes on MFI activities for now. We need to rethink the role of MFIs in the rural economy . In order to do so, we must first grasp some of the myths on which the MFI sector has rested...
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India to Release Its1st Assessment on Climate Change
India will on Tuesday release its first assessment report on the impact of climate change on four sectors, including agriculture and water, in the country's four climatic hot spots like the Himalayas and the North East. "The first 4x4 assessment report will be released on November 16. Prepared by Indian Network of Climate Change Assessment, it will assess the impact of climate change on four sectors of the economy - agriculture,...
More »West Bengal farmers switch to new scientific material to protect crops
West Bengal's farmers switched to new scientific material called 'Poly Mulching' (made out of plastic) to protect crops. The North Bengal region has got some highly fertile agricultural land. But weeds, lack of proper sunlight, heavy downpour, soil erosion, seed germination and cold weather conditions often result in harming the crops and ultimately curtailing agricultural production. However, to protect crops from such problems, farmers have now found a suitable way by using...
More »Obama visit: Fate of millions of farmers hangs in balance by Devinder Sharma
He came, he spoke, and he got 54,000 jobs. This was on Day One of his India visit. By the time he flies out of New Delhi on November 9, US President Barack Obama would have charmed his way through to force open Indian agriculture to American corporations . And therein hangs the fate of millions of small and marginal farmers. Top on the agenda is the push to make Prime...
More »Deprivation and disparities by PS Appu
Could India's mock war on poverty ever turn real? India became independent 63 years ago. Since Independence the country has implemented 10 Five Year Plans and a few Annual Plans. Currently the 11th Plan is being executed. Efforts made during the last six decades have resulted in the modernisation of a stagnant economy and India's emergence as a major industrial power. This period also witnessed remarkable progress in agricultural production. But India...
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