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Boost to rural roads in 1,000 villages

The Andhra Pradesh government plans to provide rural connectivity in 14 districts across the state. The project has been linked to the Centre's Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The government issued a GO on March 3, extending the project to 14 districts, which would get internal roads and drains in the next two years. The project would provide these facilities in Krishna, Guntur, Prakasam, Vizianagaram, Visakhapatnam, Mahabubnagar, Rangareddy,...

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Only caste barbs in public an offence: SC by Samanwaya Rautray

The Supreme Court has said that disparaging remarks made about a person’s caste in his absence and in close confines of a home or room will not amount to an offence under the SC/ST act. Under the Scheduled Castes and Tribes (Prevention of Atrocities) Act, 1989, only an accused who intentionally insults or intimidates with intent to humiliate a member of a Scheduled Caste or a Scheduled Tribe in any place...

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New draft of MFI Bill to give more teeth to RBI by Dinesh Unnikrishnan

The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...

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Farmers from Karnataka, Tamil Nadu and Andhra narrate bitter Bt cotton tales

The debate on genetically modified crops is gaining momentum again. However, this time, it seems the engineered food is losing ground to traditional crops. Eleven farmers from Andhra Pradesh, Karnataka and Tamil Nadu made a series of submissions explaining the havoc wrought by Bt cotton on their farms. Their main contention was that Bt cotton had not given them economic benefits. As a matter of fact, they had become poorer, their soils had...

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Dismal MP agri credit growth bankers show least interest by Shashikant Trivedi

After the sanctioning of education loans, the public and private sector commercial bankers have shown almost no interest in sanctioning farm loans this year. The farmers in Madhya Pradesh continue to face financial strain and have stayed away from bankers. But the bankers consider last year’s debt waiver scheme being responsible for the low agri credit flow. While state-owned cooperative bankers moved ahead in sanctioning and disbursing priority sector advances, private...

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