Though the number of farmers’ suicides in Maharashtra registered a fall of 930 in 2009, the state with 2,872 suicides continued to be the worst in the country, 10th year in a row, according to the latest National Crime Records Bureau (NCRB) data. The data released in December 2010 confirms a rising trend, with at least 17,368 farmers killing themselves in India in 2009, up by 1,172 from 2008. At least 1,27,151...
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A Notional Advisory Council? by Jean Drèze
The National Advisory Council's recommendations on the National Food Security Bill are in danger of being brushed aside. It is the fate of most advisory committees that the government accepts whatever advice suits its purposes and ignores the rest. The first version of the National Advisory Council (NAC-1) managed to avoid that fate to some extent, due to favourable circumstances. NAC-1 was able to persuade the government to enact the...
More »Climate talks & national interest by Mukul Sanwal
The debate on the climate negotiations, instead of discussing the nature of any policy shift, should define the national position and determine red lines for future negotiations. A new paradigm has emerged at Cancun. Instead of the multilaterally agreed emissions reduction targets of the Kyoto Protocol, there is now a shared target for all countries, where deep cuts in greenhouse gases are required according to science. Developed countries are to take...
More »Nabard launches Rs 25,019 cr Credit plan for Orissa
In a bid to facilitate agriculture and rural development in the backward state, Nabard today launched a Rs 25,019 crore Credit plan for Orissa during 2011-12. The Credit plan was launched by state Finance Minister Prafulla Ghadai at the state level Credit seminar here. While annual Credit plan for the state during the current fiscal is Rs 16,915 crore, it was increased by 48 per cent for 2011-12. While agricultural...
More »NABARD to stream micro Credit through grass root groups
The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...
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