There has been a significant pick up in credit flow to industry, services and personal loan segments during the current financial year. However, credit flow to agriculture has declined further, data released by the Reserve Bank of India as part of Macroeconomic and Monetary Developments Second Quarter Review 2010-11 shows. While credit flow to industry was highest at Rs 1,07,386 crore, credit flow to agriculture contracted by Rs 13,481 crore during...

Farmers who grow the well-known Bhalia wheat variety in the southern Ahmedabad district are getting ready to resist plans for a chemical park in their premises — a project they had fended off 13 years ago. A public hearing for the Bhal Industrial Park, slated to house 500 chemical units among a total 712 units, will be held on Friday. Kantri Makwana, a farmer from Pishavada, a village which falls within a...

The prestigious Rs 2,500-crore Machilipatnam port project is unable to cruise what with the district administration failing to hand over 4,000 acres of land  to the developers, Navayuga Engineering Company Ltd (NECL), even six months after the state government gave its nod for the project. The Congress government awarded the project to NECL this April after cancelling the previous agreement with Maytas-led consortium following its involvement in the multi-crore Satyam scandal....

ASSAM is on the brink of a movement, like the one that ended with the 1984 Assam Accord. This time the concern is not illegal immigrants but dams proposed upstream in Arunachal Pradesh. In the past year and a half people in Assam have held a number of protests. The latest one was on September 10 when Union Minister of Environm ent and Forests Jairam Ramesh visited Guwahati to consult academics,...

India's hurried quest for development and its disregard for road safety have resulted in a major public health problem that demands serious thought and action. The high mortality and morbidity associated with road traffic injuries are a major public health challenge worldwide. Every year, road traffic crashes kill an estimated 1.2 million people. The figure for the injured is over 50 million. Significant increases in these estimates are projected over the...