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No farmer suicides in watershed areas: Nabard

-The Hindu Hyderabad: The National Bank for Agriculture and Rural Development has said that there were no instances of suicide by farmers in areas where the bank supported watershed programmes. Addressing a press conference highlighting the performance of Andhra Pradesh regional office of the bank on Monday, its chief general manager Hairsh Java said the bank released a grant of Rs.175 crore for 166 watershed projects in AP last year and 154...

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Why India needs IMD to be right about a good monsoon -Sachin P Mampatta and Tadit Kundu

-Livemint.com Work-related seasonal migration is higher when rainfall is low and the construction sector, the largest employer of such labour, is witnessing a slowdown Mumbai: The announcement of plentiful rains this year is likely to spell relief for those forced to migrate because of failing monsoons. A slowdown in the construction industry which employs most migrant labourers would likely have strained their ability to deal with another deficient year after rains...

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To tackle drought woes, Centre to release 55% MGNREGA funds by June -Shalini Nair

-The Indian Express Of the Rs 21,000 crore expected to be released till June, this month the ministry has provided Rs 12,000 crore to the states towards payment of last year’s arrears for labour cost as well as for the month of April. Anticipating a huge spike in the demand for work due to severe drought conditions in most parts of the country, the Ministry of Rural Development (MoRD) has decided...

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Punjab foodgrain scam: Top bankers say could stop lending to state

-PTI The decision was taken by a consortium of banks which held a meeting in New Delhi. Some thirty odd bankers led by State Bank of India, which are staring at heavy losses to the tune of Rs 12,000 crore from the unfolding food scam in Punjab, on Monday discussed all options, including to stop lending to the state government. The decision was taken by a consortium of banks which held a meeting...

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Explained: What tiger numbers really say -Jay Mazoomdaar

-The Indian Express No, the tiger is not out of the woods. If numbers presented ahead of last week’s global tiger meet in New Delhi showed minor gains due to better counting methods, they also revealed massive losses. On April 11, a day before ministers of 13 tiger range countries assembled in New Delhi to pledge support for the big cat, a statement by the WWF-International and Global Tiger Forum claimed...

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