-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...
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Nabard supports 46 projects to create rural jobs-Gireesh Babu
-The Business Standard Of the 46 projects, some have been scaled up after completion of pilot projects Chennai: The National Bank for Agriculture and Rural Development (Nabard) has supported 46 innovative projects, through its Nabard-SDC Rural Innovation Fund (RIF), as on February 2014. The fund was set up jointly with the Swiss Agency for Development and Co-operation (SDC). These projects were sponsored so as to create more jobs in the rural areas...
More »Tamarind turns dearer this season-S Harpal Singh
-The Hindu Adilabad (Andhra Pradesh): The taste of tamarind is likely to turn more tartaric this season given its higher market price at Rs. 70 to Rs. 80 a kg despite the bumper crop. "The crop is good but the cumulative yield is not commensurate as many of the huge old trees have been felled mercilessly in rural area," Killare Namdev, a tamarind trader from Yavatmal in Maharashtra, gives out the reason...
More »Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
More »The bane of unprofessional warehouses-Dilip Kumar Jha
-The Business Standard There is an urgent need to develop a strong warehousing system equipped with modern and scientific storage facilities Mumbai: Around 30% of India's foodgrains harvest gets wasted because it is unprofessionally managed in the warehouse, a joint study conducted by The Associated Chambersof Commerce and Industry of India (Assocham) and Yes Bank, said.Owing to extreme dearthof about 35 million tonnes (MT) warehousing capacity together with massive foodgrain storage shortfall...
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