Prime Minister Manmohan Singh has assured a delegation of TDP-Left parties combine that he would look into the issue of alleged suicide by farmers in Andhra Pradesh who were severely affected in the unprecedented rains and cyclonic storm in the last few months in the State. The delegation highlighted the plight of farmers who were hit as their produce like paddy, cotton, tobacco, red gram, chillies and oil seeds were damaged/discoloured...
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Kiran announces sops for farmers
The state government on Thursday announced a package of input subsidy of Rs 6,000 per hectare, a compensation of Rs 5,000 for loss of livestock, discoloured yarn and damaged equipment of fishermen apart from rescheduling of all farm loans and interest waiver for farmers who suffered loss due to flooding in the past 15 months. Chief minister N Kiran Kumar Reddy in his reply to the debate on the farmers'...
More »After Ten Month Bhupinder Singh Hooda Submits Agriculture Production Report
Haryana Chief Minister Bhupinder Singh Hooda on Wednesday submitted the Working Group on Agriculture Production report to Indian Prime Minister in New Delhi. It is to mention that Indian Prime Minster on April 8, 2010 constituted the Working Group on Agriculture Production under the chairmanship of the Haryana Chief Minister, Bhupinder Singh Hooda and the Chief Ministers of Punjab, Bihar and West Bengal as members to recommend strategies and action plan...
More »Rs. 254-crore loan waiver for fishermen
The Cabinet has decided to write off loans amounting to around Rs.254 crore taken by fishermen from various cooperative institutions in the State, Fisheries Minister S. Sarma told a press conference here on Tuesday. Of this amount, a sum of Rs.221.15 crore is towards the principal of the loan and Rs.20 crore towards interest on the loan disbursed through cooperative societies. A sum of Rs.12.44 crore disbursed as loans through the...
More »Microfinance: What's wrong with it by M Rajshekhar
The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
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