-The Hindu Thiruvananthapuram (Kerala): The government is considering a proposal to exempt stamp duty on agricultural loans issued by commercial banks. Finance Minister K.M. Mani told a meeting of the State Level Bankers Committee (SLBC) here on Monday that a decision on the issue would be taken soon after assessing the financial implications. Pointing to the substantial share of commercial banks in primary sector credit, the last meeting of the SLBC had...

-Outlook Kolkata: West Bengal Chief Minister Mamata Banerjee today said two years form now no Gram Panchayat would be there in the state without banking service and welcomed all nationalised banks to come forward and open branches in the villages to boost rural economy. Launching 50 branches and 20 ATMs of the United Bank of India (UBI) at a function at the state Secretariat, Banerjee said out of 32,090 Gram Panchayats in...

-The Economic Times KOLKATA: Eastern and North Eastern states, which grapple with acute storage deficit, will get a priority in fund allocation for setting up warehouses, National Bank for Agriculture and Rural Development (NABARD ) said. States with food deficits like Jammu and Kashmir will also receive a priority treatment. The government has directed NABARD to treat these states favourably to cut farm losses amid implementation of the world's biggest population feeding...

-Outlook Shimla: National Agriculture Bank And Rural Development has launched a Warehousing Scheme (NWS) to advance loans to Public and Private sector for creation of storage infrastructure with a corpus of Rs 5,000 crore during 2013-14. "A dedicated scheme for providing assistance for creation of storage infrastructure with a corpus of Rs 5,000 crore has been introduced, pursuant to announcement made by Union Finance minister in current year's budget and the scheme...

-The Hindu Villages get infrastructure to conserve water and recharge wells Madurai: The district's dry pockets in the Usilampatti and Sedapatti blocks are alive with development activity aimed at mitigating the hardship faced by drought-hit farmers. Watershed and percolation ponds are being created in these regions. On the lines of initiatives taken by the National Bank for Agriculture and Rural Development (NABARD) and non-governmental organisations, the State government is establishing watershed projects to...