The Union government has cleared an external loan to finance part of the programme launched by the Ministry of Rural Development in left wing extremism-affected villages. The clearance is for a loan of $500 million from the Asian Development Bank (ADB) to speed up construction of rural roads. Union Minister of Rural Development Jairam Ramesh has, in a letter, urged Finance Minister Pranab Mukherjee to issue directions for negotiating and early signing...
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Safal shows the way by Latha Jishnu & Jyotika Sood
Mother Dairy’s retail model helps farmers but is under pressure from chains Call it the Safal model. For close to 25 years, a large chunk of households in the National Capital Region have had access to fresh fruits and vegetables at affordable prices—at rates much lower than what the local vegetable and fruits market or the handcart vendor would charge. This was made possible by standing the concept of buying on...
More »Drought caused kharif damage in 85.6 lakh acres by B Chandrashekhar
About 51.54 lakh ryots lost Investments Farmers in the State have suffered crop damage in a whopping 85.6 lakh acres during the 2011 kharif season, 44 per cent of the total 1,94,65,000 acres area cultivated. About 51.54 lakh farmers, including 48.33 lakh small and marginal ones, have lost the Investment almost completely. In a report submitted to the State government recently, the Department of Agriculture has put the requirement of input subsidy, compensation...
More »R&D spending can't stagnate at low levels, says Manmohan by P Sunderarajan
Research should find ‘frugal' solutions to food, energy problems Expressing concern that the expenditure on research and development in India has been “too low and stagnant,” Prime Minister Manmohan Singh on Tuesday called upon industry to increase its contribution and stressed the need for enhanced public-private partnership (PPP) in science and technology. “It is in some way ironic that GE [General Electric] and Motorola have created world-class technology hubs in India, while...
More »Ficci vents AMRI fury
-The Telegraph The dam burst today. The Federation of Indian Chambers of Commerce and Industry (Ficci) has issued a public statement on the AMRI fire and subsequent arrests, demanding the immediate release of those “not responsible for day-to-day operations of any business”. “Those who are not found guilty and are not responsible for day-to-day operations of any business should be released immediately,” said the statement titled “Ficci’s stand on fire at AMRI Hospital”. The...
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