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Lethal impact by R Krishnakumar

The issues relating to the victims of endosulfan, sprayed in the plantations of Kasargod district in Kerala, have snowballed once again. “Earthworms emerged from the soil, and, subsequently, died. Then birds came to eat the earthworms and they died as well.”   “Some termites were killed in a cotton farm sprayed with endosulfan. A frog fed on the dead termites, and was immobilised a few minutes later. An owl which flew over...

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Package for Endosulfan victims

Kerala Chief Minister V.S. Achuthanandan on Tuesday announced a comprehensive package for relief and remediation of victims of the Endosulfan pesticide in the State. The package includes higher pensions, special education, housing, drinking water supply, rehabilitation, training and employment. Debt relief to the victims' families would also be considered. Mr. Achuthanandan made the announcement after a conference of officials, people's representatives and non-governmental organisations convened to discuss the plight of...

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Microfinance: India considers rate cap on loans to poor by Amy Kazmin

In India, commercial banks, both public and private, are required to direct a large chunk of their net credit to designated “priority sectors” seen as having a positive impact on India’s economy, and wider society – to ensure funds flow into areas the government deems important, but might otherwise be neglected. These sectors – designated by the Reserve Bank of India – currently include broad areas of agriculture, small scale industries,...

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Slum-dwellers will soon have a hard roof over their heads by S Rajendran

Karnataka is expected to be one of the first beneficiaries of a major subsidised housing programme ‘Rajiv Awas Yojana' for the benefit of the urban poor to be taken up by the Union Government. Bangalore with 577 slums and with a population of nearly 10 lakh living there will stand to be the biggest beneficiary. To begin with, people residing in a total of 3.05 lakh dingy structures or thatched huts in...

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RBI data show decline in credit flow to agriculture

There has been a significant pick up in credit flow to industry, services and personal loan segments during the current financial year. However, credit flow to agriculture has declined further, data released by the Reserve Bank of India as part of Macroeconomic and Monetary Developments Second Quarter Review 2010-11 shows. While credit flow to industry was highest at Rs 1,07,386 crore, credit flow to agriculture contracted by Rs 13,481 crore during...

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