-IANS   PATNA: The central government is planning to turn India's eastern states into an organic farming-hub, Union agriculture minister Radha Mohan Singh said here on Monday. "Our priority is to develop Bihar, Odisha, West Bengal and eastern Uttar Pradesh into an organic farming hub for development of the region and to provide opportunity to millions of farmers to earn more," Singh told media persons. Singh, who hails from Bihar, said organic farming...

-The Business Standard   Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...

-The Hindustan Times   The national rural employment guarantee in a new format will have more funds for asset creation, penalty for late disbursal of funds by the Centre and removing the five-km restriction for seeking work. Working on inputs from state governments, the Centre would be revamping the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) with an aim to create productive assets. Government officials said that some of the likely changes...

-The Hindustan Times     For India, the monsoon is more than just a cool respite: It's the economy's life-blood. It's a long expedition nature undertakes each year. Drafts of early-summer breeze in from the southern Pacific stream northwards, preparing to travel more than 8,000 km to reach Asia in time and picking up moisture on the way. If the Pacific winds are one essential ingredient of a perfect monsoon, the Indian...

-Live Mint   Prakash Javadekar's environment ministry proposes reduction in parameters defining forests as inviolate New Delhi: On a day it took the environment approval process online, the new government proposed diluting the norms for allowing industrial units in forest areas, moving to clear a logjam in project mandates that industry groups allege has contributed to declining economic growth. Not only will it make the process of environment clearances easier, the norms, once changed,...