A working group on agriculture constituted by Prime Minister Manmohan Singh has suggested that the government provide farm loans to farmers at four per cent interest rate, raise the minimum support price (MSP) for farm produce to 50 per cent higher than the actual cost of cultivation and expand diesel subsidy scheme across the country.The Working Group on Agriculture Production headed by Haryana Chief Minister Bhupinder Singh Hooda submitted its...

Non-governmental organisation BAIF Development Research Foundation is encouraging tribal farmers to take up tree-based farming on degraded wasteland around their plots under a unique model of sustainable growth since the beginning of this year. A movie, Wadi', depicting this agri-horti-forestry effort was launched in the city on Wednesday. To begin with, the model was implemented in the Nashik, Ahmednagar and Thane districts of Maharashtra and in Gujarat, Karnataka and Rajasthan....

The Bill to regulate Microfinance Institutions tabled in the Andhra Pradesh assembly on Friday has upset the Microfinance institutions (MFI) network, who say their concerns have not been addressed and that may force them to shut operations in the state. "Repayment has fallen drastically and so we are not in a position to continue operations in Andhra Pradesh unless the situation is remedied," said Vijay Mahajan, President, micro finance Institutions Network. The...

The Unique Identification Authority of India is already seeing a massive explosion for bank accounts among people enrolling for Aadhaar or the unique IDs issued by the authority, its chairman Nandan Nilekani said. Some 80% of people enrolling for the IDs want bank accounts, he said at a lecture here organised by the Indian Institute of Banking & Finance on Thursday. “If we are able to provide every such person with...

In a show of unanimity, the government and the Opposition parties have decided to set aside the question hour and take up a short discussion on farmers' problems on the opening day of the short session of the Legislature beginning here on Friday.The Assembly session will last till December 16, that is sittings for just six days. At a meeting of the Business Advisory Committee (BAC) held here on Thursday,...