-PTI Mamata had said that co-operative banks would not be allowed to attach properties of farmers for loan recovery in cases of default Refinance institution Nabard today said it would oppose any amendment to West Bengal Cooperative Societies Act of, 2006 as suggested recently by state Chief Minister Mamata Banerjee. "If the West Bengal government goes ahead with amending the Act without informing Nabard, then we will oppose it," National Bank for Agriculture...
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Full steam ahead by TS Subramanian
The agitation against the Kudankulam nuclear power plant can be seen as a case of activism gone berserk. The high-octane drama against the Kudankulam Nuclear Power Project (KKNPP) in Tamil Nadu has wound down. The seven-month-long agitation led by the People's Movement Against Nuclear Energy (PMANE) at Idinthakarai village in Tirunelveli district, demanding the closure of the ready-to-be commissioned project, ended on March 27 when S.P. Udayakumar, PMANE convener, called off...
More »Nabard records 40% growth in farm credit in FY12
-The Business Standard The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and Rural Development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...
More »Rs 1000cr panchayat funds
-The Telegraph The cash-starved panchayati raj ministry, which has been getting less than Rs 300 crore in the Union budget every year since its creation in 2004 to manage the 2.7 lakh panchayati raj institutions, is set to become richer by about Rs 1,000 crore this year. The Union ministry of Rural Development has decided to set aside one per cent of its allocation of Rs 99,000 crore to strengthen the panchayati...
More »HP tops in giving employment to women under MGNREGA
-PTI Himachal Pradesh has been declared as the best state for implementation of and providing employment to women under MGNREGA, the Vidhan Sabha was informed today. Replying to a question, Rural Development Minister Jai Ram Thakur said that while the national average was 49 per cent, 60 per cent women were given employment in the state. He said that during 2011-12, an amount of Rs 405.02 crore had been spent under...
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