-Live Mint Difference between average spending in urban and Rural Areas declined by 0.6 percentage points between 2004-05 and 2011-12 The seven years between 2004-05 and 2011-12 have been among the most prosperous phases India has ever seen. What makes this phase unique is that the gains from high growth have been more evenly shared between rural and urban India than before. Real rural consumption expenditure grew at an average annual pace...
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NABARD Launches New Scheme to Advance Direct Loans
-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...
More »Coming home after Phailin-Vasudha Chhotray
-The Indian Express October is the month of Durga Puja and like in the rest of the country, a warm festive spirit hangs in the air in Odisha. There is a sense of life at its fullest. Memories of Friday the 29th this same month in 1999 temporarily retreat to the background amidst the hope of celebration. Is it surprising that an event 14 years ago should at all be a...
More »Is precision agriculture the solution to India's farming crisis? -Anil Rajvanshi
-IANS A small sugarcane farmer in western Maharashtra, Bhau Kadam (name changed) and his family, own about three hectares of land. He has two sons who are both graduates and work in Pune. When I asked him why he did not make his sons farmers, he says that farming is hard work, is non-remunerative and it is difficult to get labour. Besides he also thinks that farming is not glamorous, a farmer's...
More »Internal migrants contribute 10 pc to GDP: UNESCO
-PTI NEW DELHI: Internal migrants, estimated to constitute about 30 per cent of the population, contribute 10 per cent to the country's GDP with employment having become the biggest reason behind migration, a UNESCO report has said. The report considers internal migration as being a key factor behind prosperous cities, boosting economic activity and growth. Citing various sources, it estimated that following Census 2011, the number of migrants may have increased to about...
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