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...

It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...

The issue regarding the seemingly poor response to the national rural employment guarantee scheme ( NREGS) of the central government dominated the proceedings of the gram sabha of the Chandor village panchayat held on Sunday. It was pointed out that several cardholders under the UPA government's flagship project had later failed to undertake the work allotted to them, thus crippling the progress of the scheme in the village. The program officer...

The annual report (2009-2010) of the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGS), which was tabled in the state Assembly on Friday, stated that individuals benefited from arecanut plantations in Meghalaya after availing the scheme. “Most of the village employment councils have taken up arecanut plantation projects. However, there are rare cases of arecanut plantations on community land and are mostly carried out on individual lands,” said the social audit,...

His ministry had earlier put a stop on the project citing ecological damage Delhi Govt. insisted that only the dam can solve Capital's water woes Union Environment and Forests Minister Jairam Ramesh on Sunday said he will undertake an inspection of the Nahan Valley in Himachal Pradesh, the site of the proposed Renuka Dam, which has been turned down by his office on the grounds that it involves the axing of 1.77...