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Nabard allocates 5,320 cr for development activities

-The Times of India THIRUVANANTHAPURAM: The National Bankfor Agriculture and Rural Development (NABARD) has unveiled an ambitious Rs 5,320 crore plan for various development activities in the state this year. The bank has allocated Rs 2,075 crore for short-term agriculture activities which can go up to Rs 2,600 crore depending on the successful operations of the co-operative banks in the state. "For long -term investment in rural sector, NABARD has committed to provide...

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Rural purchasing power waning on inflation, rising input costs-Heena Khan

But non-farm income keeps economy afloat   New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...

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Wasteland map shows 5000sqkm gain-Basant Kumar Mohanty

Here’s a “growth story” that Standard and Poor’s missed: a piece of official statistics shows good old India has grown — literally. Over 5,000sqkm of wasteland has been converted into “net” usable terrain between 2005 and 2008, according to the Wasteland Atlas of India that was released today. Even Bengal, pilloried for profligacy and other wasteful pastimes, has done its modest bit to transform wasteland. But the big battles against barren land...

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India sparks solar energy market: Report

-IANS India's ambitious national solar programme has catalysed rapid growth in the solar market driving solar energy prices low and demonstrating how government policy can stimulate clean energy markets, according to a new report. In only two years, competitive bidding under India's National Solar Mission drove prices for grid-connected solar energy to nearly the price of electricity from fossil fuels, said the report released here Wednesday by the Natural Resources Defence...

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Vidarbha, plagued by farm suicides, battles child deaths too-Meena Menon

The Vidarbha region of Maharashtra which has gained notoriety for its farm suicides, is also reporting a high incidence of child deaths. Data compiled under the Right to Information (RTI) Act shows that in Yavatmal district alone 565 children below five died due to various causes between January and September 2011. In addition, the district reported 489 still births for the same period. Yavatmal is second only to Amravati district which...

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