Indigenous knowledge and farming practices of the region's tribal people recognised for promoting food security and conserving biodiversity Traditional farming systems in India have received a major boost at a time when Indian agriculture is struggling to come to terms with modern technologies. The Food and Agriculture Organisation (FAO) of the United Nations has accorded the status of Globally Important Agricultural Heritage System (GIAHS) to the traditional agricultural system being practiced...

Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...

It will provide credit risk guarantee to banks on the loans Prime Minister Manmohan Singh on Tuesday announced that the Centre was considering setting up a credit risk guarantee fund with a corpus of Rs. 1,000 crore, to start with, to encourage banks to lend to the poor for housing. Emphasising that developing housing for the poor was critical for sustainable urban development, he said: “To encourage banks to lend in significant...

-The Shillong Times   The Tripura government has targeted to achieve paddy cultivation in more than 17,000 hectares of hill land under improvised Jhuming (shifting cultivation) method in 2011-12. State’s Agriculture Minister Aghore Debbarma said here on Wednesday that, the traditional method of Jhum (Slash and burn) had been banned in the state few years ago and the government had introduced various rehabilitation packages for the hardcore Jhumias. ”Despite sincere effort and initiative for...

Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...