-The Hindu   Madurai has been chosen as one among eight districts in the country by National Bank for Agriculture and Rural Development (NABARD) for implementing a micro pension project for the rural poor. As part of the launch preparations, a stakeholders' workshop was held here on Monday. Representatives of State Bank of India (SBI), Indian Bank, Canara Bank, Indian Overseas Bank (IOB), Tamilnad Merchantile Bank (TMB), Union Bank of India (UBI), Pandyan...

If you want to kill any idea in the world, get a committee working on it,' quipped Charles F Kettering , the famous American engineer and inventor of the electric starter. Well, the government has done just that! It has appointed an eight-member committee to examine ways to tackle black money. Perhaps that is too cynical! After all, the flurry of activity (the committee is only one of a series...

Indian farmers have much to celebrate this year with a bumper wheat harvest. As predicted by the ministry of agriculture, wheat farmers have begun to harvest what is shaping up to be a record crop, projected at 84.27 million tonnes. We are growing more wheat than ever before. The earlier record of 80.8 million tonnes of wheat production was achieved in 2009-10. Estimates show that foodgrain production including wheat, rice, pulses...

The dun wheat field spreading out at Ravi P. Singh's feet offered a possible clue to human destiny. Baked by a desert sun and deliberately starved of water, the plants were parched and nearly dead. Dr. Singh, a wheat breeder, grabbed seed heads that should have been plump with the staff of life. His practiced fingers found empty husks. “You're not going to feed the people with that,” he said. But then, over...

The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...