Delhi and Chandigarh may hardly have any land left for agriculture but when it comes to availing cheap farm loans, they beat top agricultural states of the country. Residents of the two cities took agricultural loans worth over Rs 32,400 crore in 2009-10 – more than UP, West Bengal, Bihar and Jharkhand put together. The four agrarian states collectively got less than Rs 31,000 crore in 2009-10. Delhi alone has, since 2007-08,...
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Bangladesh: Before Accusing Sheikh Hasina Government Need for a Close Look at Yunus’ Grameen Bank by Amitava Mukherjee
It is difficult to predict what denouement the spat between the Sheikh Hasina-led Bangladesh Government and Mohammed Yunus, the Noble Laureate, would ultimately reach but it has undoubtedly brought to the fore many pitfalls of the micro-credit system which has so far been hailed as a panacea for poverty alleviation not just in the Third World countries but in many developed nations too. It may be a bit unfair to...
More »MP government deposits procurement money in farmers' bank accounts by Mahim Pratap Singh
Over Rs.1,000 crore deposited Procurement process being monitored For the first time in India, the Madhya Pradesh government has directly deposited over Rs. 1,000 crore in the bank accounts of farmers against procurement of wheat in the last 25 days. This amount includes a bonus paid at the rate of Rs.100 per quintal. The direct deposit process aims at saving farmers from the clutches of middlemen and will be continued in the coming...
More »Pawar wants nutrition and food security to go hand-in-hand; takes no stand on GM
India still has a long way to go in achieving food and nutritional security, albeit the country has achieved record production with 5.4% growth in agriculture and allied sector. This was corroborated by Sharad Pawar, minister of agriculture and food processing, while addressing the National Conference on Agriculture for Kharif Campaign-2011 in New Delhi recently. "Record production with 235.88 Mt of foodgrains in 2010-2011 should not lead to complacency as we...
More »World Bank approves $150 mn loan for India's NeGP
The World Bank has approved $150 million in loan for India to accelerate implementation of its National e-Governance Plan (NeGP), which is aimed at transforming the service delivery system across the country. While this World Bank loan will not target specific services per se, it will initiate policy and institutional actions that will impact all the services. The loan will support NeGP - approved in May 2006 as a national programme -...
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