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Dismal MP agri credit growth bankers show least interest by Shashikant Trivedi

After the sanctioning of education loans, the public and private sector commercial bankers have shown almost no interest in sanctioning farm loans this year. The farmers in Madhya Pradesh continue to face financial strain and have stayed away from bankers. But the bankers consider last year’s debt waiver scheme being responsible for the low agri credit flow. While state-owned cooperative bankers moved ahead in sanctioning and disbursing priority sector advances, private...

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Dark side of giving: The rise of philanthro-capitalism by Naren Karunakaran

A few years ago, Paul Kagame, president of Rwanda, had a chance meeting with Som Pal, former member of the Planning Commission and earlier minister of state for agriculture, and was bowled over by his sage-like views on developmental issues. The president promptly invited Som Pal to his blighted country to suggest policy measures to get out of a developmental quagmire. Som Pal travelled to Rwanda; he was hosted at...

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Tomatoes to fetch higher price in October

Tomatoes are expected to fetch a wholesale price of Rs1,150-1,350 per quintal in October this year, more than what is expected in August and September, according to an econometric analysis by GB Pant University of Agriculture and Technology. Under a project, 'Establishing and Networking of Market Intelligence Centres in India,' underway at the Pantnagar- based varsity to help farmers know the likely prices of agriculture commodities well in advance of sowing,...

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DMK's free lunches turn costly by N Madhavan

Eighty labourers, both men and women, are at work at Thiruvanduthurai village in Tiruvarur district of Tamil Nadu, about 325 km south of Chennai. They are digging a pond - about an acre wide and six feet deep - funded under the Mahatma Gandhi National Rural Employment Guarantee Scheme, or MGNREGS. Outside the work perimeter, two middle aged men look on, worried. P. Murugan and K. Govindaraj are farmers from the...

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India-Africa partnership to fight dryland poverty

The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) today announced the formation of ICRISAT South-South Initiative (IS-SI) to boost India-Africa partnership on agriculture research aimed at tackling poverty in drylands. Dr Nigel Poole, Chairman of ICRISAT Governing Board, in a statement said IS-SI will build upon ICRISAT's strong India-Africa partnership to scale up its role as the driver of prosperity and economic opportunities in the dryland tropics. Addressing participants of...

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