-The Times of India The present Lok Sabha could well end up with the dubious distinction of being the least productive in terms of business transacted among those that completed their full five-year terms. According to statistics compiled by the Lok Sabha secretariat, 1,157 hours of sittings had taken place until the 12th session of the 15th Lok Sabha, which was elected in May 2009. Among the Houses that completed five-year terms, the...
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Garibi hatao now passe-Sharath S Srivatsa
-The Hindu ‘Crorepati'-politicians wear their wealth like a badge of honour Bangalore: With the new breed of "crorepati"-politicians wearing their wealth like a badge of honour, the old slogans of "Garibi Hatao" (remove poverty) have become passé. The rise in the prominence of moneybags from real estate, the private education sector, and industry in the city's political landscape has not only deflected social issues but it has also changed the benchmark for a...
More »Rotten agents spoil the Kashmir apple barrel-Ahmed Ali Fayyaz
-The Hindu A NABARD survey says middlemen funded by banks have kept growers captive to high-interest loans Jammu: Kashmir's acres of undulating apple orchards may soon be waste lands, a survey by the National Bank for Agriculture and Rural Development (NABARD) accessed by The Hindu shows. The Rs. 4,000-crore industry has been brought to its knees by a network of middle-order market functionaries comprising pre-harvest contractors (PHCs), commission agents (CAs) and wholesalers...
More »Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan
-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
More »The Whole Truth On A Grain Of Rice-Uttam Sengupta
-Outlook An international row over a ‘world record’ “It’s 120 per cent fake,” Professor Yuan Long Ping (82), hailed as the father of ‘hybrid rice’ in China, had fumed last week in reaction to the claim that five farmers from Bihar had all individually grown more rice per hectare than the ‘world record’ of 19.4 tonnes per hectare in China—the best figure being 22.4 tonnes. He would believe the claim, he...
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