-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...
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CAG report shows why food security will be a disaster-Vivek Kaul
-Firstpost.com On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India. This report has gone largely unreported in the media, given that it does not contain any big number running into lakhs of crores like previous reports of the CAG did. But it clearly explains why the government of India is in no...
More »Breed insects to improve human food security: UN report-John Vidal
-The Guardian Farms processing insects for animal feed might soon become global reality as demand grows for sustainable feed sources The best way to feed the 9 billion people expected to be alive by 2050 could be to rear billions of common houseflies on a diet of human faeces and abattoir blood and grind them up to use as animal feed, a UN report published on Monday suggests. Doing so would...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »Kolam farmers fall back on their ancient wisdom-S Harpal Singh
-The Hindu ADILABAD: Many in the field are viewing it as a retro step but, the aboriginal Kolam farmers of Birsaipet-Kolamguda in Utnoor mandal in Adilabad opted to fall back on their ancient wisdom with regard to irrigating crops. Instead of going in for the individualistic bore well as a source of irrigation, the 35 Kolam families in this village decided to dig five open wells to collectively irrigate the 250...
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