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Farm Loans up in 2010-11; low enlistment of new borrowers a concern

-The Economic Times   Farm credit flow has registered a quantum jump during 2010-11, accordign to figures put out by the government, although apprehensions have been expressed that there is urgent to enlist new Loanees rather than give credit to time and again to the same borrowers. Credit institutions disbursed Rs. 4,26,531 crore during the year against the target of Rs.3,75,000 crore, an official statement said here. Agency-wise, Commercial Banks with...

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Schemes to fund Bengal by Jayanta Roy Chowdhury

The Centre is exploring the option of helping out Bengal by stepping up assistance for specific schemes, a route that allows room for manoeuvre within rules. The Centre’s line of thought emerged on a day Bengal finance minister Amit Mitra was in Delhi to discuss ways to bail out the cash-starved state government. Mitra, who had an hour- long meeting with his Union counterpart Pranab Mukherjee, remained tight-lipped on what they discussed....

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Spurt in farmer suicides in Bundelkhand by Swati Mathur

Everything is in short supply here, especially hope. There was a flicker of it, though, when on April 30 Prime Minister Manmohan Singhcame here with Rahul Gandhi. Maybe the people were expecting a miracle, an end to the misery created by season after season of bad crops and the resultant rising debt. Their hope proved to be short-lived. Since then, nine farmers have killed themselves in Banda district alone, the...

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Land Acquisition: Government as a Facilitator is the Best Option by Diptendra Raychaudhuri

When it was almost certain that the governments of the country were to take their hands off from total acquisition of land for a private project, the Sonia Gandhi-led National Advisory Council has started thinking otherwise. The thought went out for hundred per cent acquisition by the government. Had this come at the germinal stage of discussion about changes in the colonial Act, it could have resulted in Mamata Banerjee’s face...

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More sunlight

-The Indian Express   Prime Minister Manmohan Singh’s direction to his ministers to update details of their business interests, assets and liabilities has yielded an interesting profile of his cabinet. The financial status of the powerful — how much wealth they have and how they invest it — always draws curiosity. Dr Singh sticks to fixed deposits, keeping his investment beyond controversy. A.K. Antony’s Loan funds a second-hand car. And Kamal...

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