-The Economic Times MUMBAI: The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities, and amended the limits for certain categories. In a circular issued to commercial banks on Wednesday, the RBI has clarified that loans to corporates, including companies formed by individual farmers, partnership firms and co-operatives of farmers directly engaged in agriculture and allied activities, will now be considered...

-The Hindu A.R. Avaneendranathan, a Dairy farmer, aims at popularising native breeds of farm animals “This cow is 83 cm tall, just six cm more than the shortest cow entered in the Guinness Book of World Records. I bought her at Badiyadukka in Kasaragod district. She is a Kasaragod dwarf breed of cattle but has the characteristics of a Malnad Gidda, which is also a dwarf breed. This breed can survive on...

-The Business Standard Skimmed milk powder 'buffer' might raise prices  The government’s proposal that a buffer stock of skimmed milk powder (SMP) be created in order to minimise volatility in milk prices is so unsound a proposition that it should be shelved. The proposal, sent to the inter-ministerial group on inflation by the food ministry, involves keeping a reserve stock of SMP with milk-processing units by offering them a handsome subsidy. The...

-The Guardian Allowing foreign chains such as Tesco to open in India will drive up unemployment and exploit small producers India's ruling coalition has been rocked after its second-largest partner withdrew this week. The latest round of political instability comes about because prime minister Manmohan Singh announced a number of economic measures without consulting his allies. The announcements – that diesel prices were to be raised, and that India's retail and domestic...

-The Times of India The Syrian Christian who could not speak Gujarati found it difficult to find a paying guest accommodation when he first reached the city of his destiny, Anand. But soon, Verghese Kurien would turn the small Gujarat town into the heart of India's white revolution. In the process, Kurien would also stitch together a cooperative movement of millions of women and farmers into owning a brand which generations...