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Live on FM radio by Gopalkrishna Gandhi

Money makes news. When it is found, promiscuously. And when it is lost, presumptively. And when it is found to lie hidden. Also when it stands brazenly, as in election candidatures. Does hunger, to satisfy which money, income, wages — the power to purchase food — are needed, make news? Does the crisis in our agriculture make news? When Amartya Sen speaks of hunger and malnutrition, when MS Swaminathan does so...

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Many sops for farmers in BSY’s ‘agriculture budget’ by Johnson TA

The B S Yeddyurappa government rolled out a whole new slew of populist schemes in its 2011-12 revenue surplus Budget on Thursday, targeting an increase in the number of ‘direct beneficiaries’, especially in the agriculture sector. New schemes announced in Yeddyurappa’s Budget include a provision of Rs 10,000 each to 10 lakh Small farmers in dry lands, reduction of interest rates on co-operative bank loans from three to one per...

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Banks confident of meeting agriculture lending targets by Parnika Sokhi

Take a host of initiatives to ramp up presence in rural markets. With increased focus on directing funds towards agriculture, banks are confident of meeting their farm sector lending targets this financial year. “We had 60 rural branches last year and will take it to 125 by next month. This will give a major fillip to the agri lending business,” said S Chakrabarthy, deputy managing director, Axis Bank. According to the Trend and...

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Involvement of marginal farmers in implementation of MGNREGA

The Government has included small and marginal farmers under Mahatma Gandhi NREGA by an amendment made in para 1(iv) of the list of permissible activities provided in Schedule-I of the Act. The amendment made is as follows: “Provision of irrigation facility, horticulture plantation and land development facilities to land owned by households belonging to the Schedule Castes and Schedule Tribes or below poverty line families or to beneficiaries of land...

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UN food experts call for increased agricultural investment to offset soaring prices

Faced with soaring food prices for the second time in three years, senior United Nations experts today called for greater investment in agriculture from both the public and private sectors to increase smallholder productivity.   “Policy-related solutions are also required to increase the longer-term resilience of global agriculture to allow greater levels of supply to markets as demand grows,” UN Food and Agriculture Organization (FAO) Senior Economist Jamie Morrison told a meeting...

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