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NABARD now offers loans to corporate sector-Nagesh Prabhu

-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...

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India Rural Development Report 2012/13 launched

-Press Information Bureau The India Rural Development Report 2012/13 was released here by Shri Jairam Ramesh, Minister for Rural Development, Government of India. The Report was prepared by IDFC Foundation in collaboration with network partners, the Centre for Economic and Social Studies (CESS), the Institute for Rural Management Anand (IRMA), and the Indira Gandhi Institute of Development Research (IGIDR), with contributions from several other researchers, experts and civil society organisations. On...

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Millionaire mukhiyas -Alok Gupta

-Down to Earth Money pumped in development schemes in Bihar is giving rise to a new breed of village heads, flush with money and flexing muscles About a year ago killings and a spurt in the purchase of arms and luxury vehicles in extremely backward villages started to bother the Bihar police. It spied and found that mukhiyas, or village heads, had multiplied their assets beyond imagination. It took the police six...

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'Foodgrain warehousing demand to grow up to 6% in next 5 yrs'

-PTI MUMBAI: The demand for foodgrain warehousing is expected to grow by 5-6 per cent annually in the next five years, according to a report by Rabobank. The growth will be driven by a range of factors, including the government focus on food security, current storage space shortage and the recently announced National Food Security Bill, Rabobank analyst Vaishali Chopra said. "The country must see improvements to its existing storage system as well...

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Veneer of fairness -TK Rajalakshmi

-Frontline The government pushes through the Land Acquisition Bill, but critics say it will take away more than what it purports to give. CLOSE on the heels of the passing of the National Food Security Bill, the Congress-led United Progressive Alliance government pushed through its other game-changer initiative, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013, or LARR Bill, ostensibly to address the injustices...

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