-The Tribune Chandigarh: The National Bank for Agriculture and Rural Development (NABARD) has imposed a cut of Rs. 3,400 crore on the allocation made to the state to advance short-term crop loans. The loans are advanced twice in a year for rabi and kharif crops. At least 10.5 lakh farmers are expected to be hit hard. These loans are advanced on half-yearly basis through agriculture cooperative societies. On an average, NABARD used to...
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Many degrees of hopelessness in India's villages -Harsh Mander
-Hindustan Times The picture of rural Indian life today that emerges from what is probably the world's largest study ever of household deprivation is sobering and sombre. It describes a massive hinterland still imprisoned in persisting endemic impoverishment, want, illiteracy and indeed hopelessness. It tells a story that every thinking and caring Indian must heed. Advocates of free markets, opposed to building a welfare state, have long argued that accelerated market-led economic...
More »Dr. Vikas Rawal, Associate Professor at the Centre for Economic Studies and Planning, at Jawaharlal Nehru University, New Delhi, speaks to FAO
-FAO September’s post-2015 development agenda summit of heads of state and government may well attract global headlines this year, but much of the really significant work is being executed behind the scenes. As statisticians lock heads to come up with a workable indicator framework to measure and monitor the ambitious Agenda, Vikas Rawal, Associate Professor at the Centre for Economic Studies and Planning, at Jawaharlal Nehru University, New Delhi, describes the make-up...
More »Private companies won’t be in anti-graft law net -Siddharta
-The Times of India NEW DELHI: The government has virtually ruled out amending the Prevention of Corruption Act (PCA) to extend it to the private sector, a move that was recommended by the Special Investigation Team (SIT) on black Money to check the circulation of unaccounted wealth in the education and religious institutions. Sources in the government indicated that extending the scope of the anti-corruption law to companies and private individuals could...
More »Don’t say ‘diversion’ of forest land, say ‘reforestation’, says Prakash Javadekar -Jay Mazoomdaar
-The Indian Express Environment ministry clears 229 projects in a month, up from 217 in a quarter. Wary of the perception that his ministry is clearing too many projects too fast, Environment Minister Prakash Javadekar has asked ministry officials to replace the word ‘diversion’ of forest land with ‘reforestation’ in all communications. An intra-ministry communication issued on July 16 by Javadekar’s private secretary Vinay Srivastava stated: “Hon’ble minister has desired that henceforth...
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