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Nabard allocates 5,320 cr for development activities

-The Times of India THIRUVANANTHAPURAM: The National Bankfor Agriculture and Rural Development (NABARD) has unveiled an ambitious Rs 5,320 crore plan for various development activities in the state this year. The bank has allocated Rs 2,075 crore for short-term agriculture activities which can go up to Rs 2,600 crore depending on the successful operations of the co-operative banks in the state. "For long -term investment in rural sector, NABARD has committed to provide...

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Wasteland map shows 5000sqkm gain-Basant Kumar Mohanty

Here’s a “growth story” that Standard and Poor’s missed: a piece of official statistics shows good old India has grown — literally. Over 5,000sqkm of wasteland has been converted into “net” usable terrain between 2005 and 2008, according to the Wasteland Atlas of India that was released today. Even Bengal, pilloried for profligacy and other wasteful pastimes, has done its modest bit to transform wasteland. But the big battles against barren land...

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Indian teenager annuls her child 'marriage'

-BBC A young woman has had her child "marriage" legally annulled in northern Rajasthan state, in what is thought to be the first case of its kind in India. Laxmi Sargara, 18, wed Rakesh when she was just one and he was three. She grew up with her own family, only finding out she was married when her in-laws came to claim her this month. Child marriages are illegal in India but are still...

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Thomas insists on giving grain as NREGS wage-Sandip Das

Notwithstanding apprehensions expressed by rural development minister Jairam Ramesh on the proposal of giving grain as part payment of wages under the National Rural Employment Guarantee Act, food minister KV Thomas  on Sunday continued to support the idea. Thomas said, “There is enough surplus grain to be given to poor families.” In a recent letter to the Jairam Ramesh, Thomas had made the proposal, which he said would also help ease...

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Asia's increasing rich-poor divide undermining growth, stability - ADB report

-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...

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