-The Telegraph   RBI governor D. Subbarao has expressed concern over Bengal’s low credit-deposit ratio, which means that funds from the cash-starved state are actually meeting the borrowing needs elsewhere. The erstwhile Left government used to blame banks for the skewed ratio. But bankers have blamed it on the poor credit absorption capacity of rural Bengal because of fragmented land holdings — a fallout of the land reforms. After a meeting with chief minister...

A fresh wave of farmer suicides has been reported in several states, pushing families deeper into poverty. A coalition of farm-sector organisations said it had identified over 700 cases this year, but state government officials said they were still verifying the incidents. “Vidarbha in Maharashtra has emerged as the epicentre of farmer suicides again. There have been 680 suicides in just 6 districts in 2011,” said Kishor Tiwari of Vidarbha Jan...

In possibly the first instance of its kind in the country, the Andhra Pradesh government has decided to compensate 70 victims of police violence following the May 2007 Mecca Masjid blast. The men had been falsely implicated in the case and tortured in custody. The 20 men who were the worst affected would get Rs 3 lakh each, the rest Rs 20,000 each. The announcement of the Rs 70 lakh compensation was...

-The Hindustan Times A 45-year-old cotton grower tried to end his life by consuming pesticide at the election meeting of the chief minister Prithviraj Chavan at Dhamangaon in Amravati district, some 200 kms from here in western part of Vidarbha, on Sunday. According to reports reaching here this evening, the incident occurred when the chief minister was addressing an election meeting for the ensuing municipality elections at Dhamangaon on Sunday afternoon.  The...

Farmers are joining India Inc in mind, body and spirit. In a quiet revolution underway across the countryside, growers are setting up companies, replete with balance sheets, professional CEOs, board of directors, and income tax returns.  By pooling together the land and produce of their shareholders, these companies are signing lucrative deals with large retail chains, food companies and exporters keen to establish reliable supply chains. As many as 200 companies...