Non availability of timely credit has been a major drawback for the agricultural sector of India. In a country which relies mostly on agriculture, constant endeavors are needed to see that rural and agricultural credit facilities are enhanced with time. As a part of these efforts, agricultural credit cards got introduced in the agricultural lending system. Similarly Cash credit facility was also being offered by many banks. However, a major shortfall...

Record high food prices are putting added pressure on the United Nations agency that helps feed nearly 100 million of the world’s poorest people, with officials warning of a potential “perfect storm” combination of soaring costs, weather emergencies and political instability. “We are on red alert and we are continually assessing needs and reassessing plans and stand ready to assist,” UN World Food Programme (WFP) Executive Director Josette Sheeran told the...

This has been a longstanding demand of the people in coastal districts Cabinet discusses the harmful effects of endosulfan Kerala was the first State to ban the insecticide The Karnataka government on Thursday banned the use of endosulfan, an insecticide, with immediate effect. This has been a longstanding demand of the people of Dakshina Kannada, Uttara Kannada and Udupi districts, and reports have it that lobby of manufacturers prevented the introduction of such a...

In a significant expansion of its health insurance scheme for the poor, the government has decided to bring workers under its flagship job guarantee programme as well as a host of workers from the unorganised sector, including rickshaw pullers and domestic workers. The labour ministry has decided to include workers who have worked under the National Rural Employment Guarantee programme for a minimum of 15 days under the ambit of the...

This budget season, Finance Minister Pranab Mukherjee is stuck juggling multiple imperatives. Big social-sector schemes are soaking up money; yes, the economy is rebounding, but growth needs careful watching; the fiscal deficit is widening, feeding inflationary fears; and, as usual, every ministry wants more money. It doesn’t surprise much, therefore, that the finance ministry is looking for ways in which government expenditure can be managed better. One giant hole has...