The government is planning to launch a dedicated horticulture rail Transport system by March with an investment of over Rs 18 crore that will link the wholesale markets of the country. The aim is to reduce the wastage of surplus fruits and vegetables informed a senior official . "We have sent a proposal to the agriculture ministry for approval and are expecting to launch the trial run in two months, sometime...
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Food subsidy bill may rise to Rs 81,000 cr
Government’s food subsidy bill is expected to swell to around Rs 81,000 crore in the current financial year, up from the Budget estimate of around Rs 68,000 crore for 2010-11 because of higher cost of procurement of wheat and rice and increased allocations to below poverty line and above poverty line families in the current financial year, official sources said. The 19% estimated increase in food subsidy also includes those part...
More »NABARD to stream micro credit through grass root groups
The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...
More »Retail inaction: Govt's apathy is hurting both farmers & consumers
Since 1947, successive governments have missed innumerable opportunities to put the country on the path of sustained, inclusive growth. Time and again, quixotic ideology has led to meaningless debates, antediluvian policy and inexplicable strangulation of capacity buildup in both physical and social infrastructure. Even today, while the gap between current and projected national demand and supply is well acknowledged, the government continues to drag its feet in creating the policy...
More »Road bounty for villages by Suman K Shrivastava
In a boost to rural road network in the state, the Centre today approved a state government proposal to construct 2,005km of roads with Rs 548.58 crore, and 49 bridges to connect these roads with another Rs 96.09 crore, under the Pradhan Mantri Gram Sadak Yojana (PMGSY). The decision was taken by a high-powered committee set up by the Union rural development ministry to monitor PMGSY. The meeting in New Delhi...
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