-The Business Standard The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and rural development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...
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Area under cotton in Punjab to drop by 60,000 hectares
-PTI The area under cotton in Punjab is likely to drop by 60,000 hectares this kharif season with farmers likely to switch over to guar crop, a state government official said on Saturday. The area under cotton is expected to be five lakh hectares this year as compared to 5.6 lakh hectares last year as some of the area under cultivation is likely to be used for guar crop, which has...
More »UP & Punjab farmers protest as private dairies cut purchase price-Madhvi Sally
Dairy farmers and contractors in western Uttar Pradesh and Punjab are on a warpath after private milk companies reduced procurement prices to take advantage of a bumper milk production. Farmers allege that companies are profiteering because they have not simultaneously reduced consumer prices. But companies say they have huge stocks of unsold milk and milk powder and a cut in procurement prices is to bring pressure on government to allow exports. Cooperatives...
More »A scam in pulses import? CAG estimates Rs 1,200 crore loss on import of subsidised pulses by Tejinder Narang
In December 2011, CAG tabled a well-analysed audit report in Parliament claiming a loss of 1,200 crore, or $250 million, on the import of subsidised pulses through 2006-11 under the supervision of department of consumer affairs (DCA) of the food ministry. The government's intention to introduce such a scheme cannot be faulted: during 2005-08, seven million tonnes of wheat was imported at high prices, chana (chickpeas) values spiked from 21...
More »Women demanding mobile phones but not toilets: Jairam Ramesh
-IANS Rural Development Minister Jairam Ramesh on Friday expressed concern that the government's Total Sanitation Campaign (TSC) is being seen as a "token sanitation campaign" and rued that women were demanding mobile phones but not toilets. "Women demand mobile phones, they are not demanding toilets... Sanitation is the much more difficult issue," Ramesh said at the launch of Asia-Pacific Regional MDGs (Millenium Development Goals) Report 2011-12. Ramesh said women's self-help groups (SHGs) should...
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