'Erratic rainfall and rising input costs forcing farmers to migrate' “Unable to clear a loan of Rs 2 lakh, my son committed suicide. I had to sell my ancestral house and cattle to repay the loan,” says Lakshmi Devi, 48, of Pathakotha Cheruvu village in Andhra Pradesh’s Anantapur district. Devi's woes did not end with the repayment of loan. Managing her farm is becoming increasingly difficult, partly because it is expensive,...
More »SEARCH RESULT
How rural kitchen pays by Richard Mahapatra
Local procurement for anganwadis can revive rural economy in a big way The dominating noise of the grinder and the mixer speaks loudly of a new skill that the women of Binka village have mastered. The house, centre of all activity, is the busiest in this sleepy village. The women are making a nutrition mix for 270 anganwadi centres in two blocks of Odisha’s Subarnapur district. Famed for their weaving skills, the...
More »Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector. In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before. "Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending...
More »Dwindling Resources Trigger Global Land Rush by Stephen Leahy
A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...
More »Indian echo in Gates thrust by Meghdeep Bhattacharyya
Microsoft founder Bill Gates has criticised UN agencies like the International Fund for Agricultural Development (IFAD), the Food and Agriculture Organisation (FAO) and the World Food Programme (WFP) for not doing enough to fight hunger and poverty. “Countries, food agencies and donors aren’t working together in a focused and co-ordinated way to provide the help Small Farmers need, when they need it,” Gates told the governing council of the IFAD in...
More »