-The Telegraph Singur, the potato bowl of Bengal, appears to have landed in trouble again. Not on account of unwilling farmers grieving over their lost assets, but on account of overproduction by the ones who didn't lose their land. Excess supply of the crop has pulled down prices, leading indebted farmers to slither down the precipice. According to media reports, matters have come to a dismal pass, with a section of...
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PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs
-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...
More »PMO tells Tribal Ministry: Sitting on projects is ‘lack of commitment’ -Jay Mazoomdaar
-The Indian Express A standoff between the ministries of tribal affairs and environment and forests over the issue of clearances has stalled three key projects, prompting Nripendra Misra, principal secretary to the Prime Minister, to intervene and question the delay. The projects, which are being tracked by the project monitoring group (PMG) of the cabinet committee on investment, are in three different parts of the country: the 2×500 MW project of...
More »Govt. moves to clear the air -Jayant Sriram
-The Hindu Index to provide data on level of pollutants in 10 cities across India Amid growing concerns over deteriorating air quality in India's major cities, the government on Monday launched the National Air Quality Index (AQI) that will put out real time data about the level of pollutants in the air and inform people about the possible impacts on health. Launched by Prime Minister Narendra Modi during the two-day conference of Environment...
More »India’s silent spring -Ashwini K Swain & Glada Lahn
-The Hindu Business Line Overuse of groundwater, fertiliser and energy threatens the future of agriculture. A coherent policy response is called for India's agricultural sector is far more important to the country than its falling share in the GDP suggests. About two-thirds of India's population depends on agriculture for livelihood. Bucking global trends, the agricultural population in India rose by 50 per cent between 1980 and 2011. And in spite of sustained...
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