Chief minister Arjun Munda has urged bankers and financial institutions to join hands with the state administration to launch a water conservation campaign to prevent a third consecutive drought in Jharkhand next year.Addressing officials of National Bank for Agriculture and Rural Development (Nabard) today at a meet on the bank’s credit plan for 2011-12, Munda said recurrent droughts had upset the state’s economy. He admitted the farmers were going through...
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CPI(M): why this “veil of secrecy” over FTA with EU
‘Government does not have mandate to conduct parleys without discussion'Several areas of concerns in texts being negotiated for the India-EU FTAThe Communist Party of India (Marxist) on Saturday expressed concern over the “veil of secrecy” around negotiations for the India-European Union Free Trade Agreement (FTA), and re-emphasised that the Manmohan Singh government did not have the mandate to conduct parleys on it without discussion within the country.Referring to the EU...
More »UP agri sector in for major credit flow during FY12 by Virendra Singh Rawat
Total credit potential estimated at over Rs 65,000 croreThe agriculture and allied sectors in Uttar Pradesh are in for a major boost during the period 2011-12 with the total credit potential in the farm and non-farm segments pegged at Rs 65,440 crore for the next financial year.This would be a jump of more than 20 per cent over state credit target estimated for the current financial year at Rs 54,000...
More »FTA will hurt livelihoods in India, Europe: civil society
Halt ongoing negotiations, says open letterWith Prime Minister Manmohan Singh set to hold talks with his counterpart in Brussels on trade and economic issues, a broad civil society alliance on Thursday called on the European Commission and India to immediately halt the ongoing negotiations for an India-EU Free Trade Agreement.The India-EU summit on Friday is likely to give a political mandate for working towards the conclusion of the FTA in...
More »India will create 58 mn more jobs by 2012: Labour Minister
Labour Minister Harish Rawat says the government is confident of creating 58 million additional jobs by the end of the 11th Five Year Plan in 2012 thanks to the smart recovery in the Farm Sector and its resultant impact on the rural economy. "Agriculture has responded very positively. With economy poised to grow at nine percent in this fiscal year, we will be able to meet the target," Rawat told...
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