-Outlook Government today decided to release Rs 10,901 crore to banks as interest subvention for giving crop loans up to Rs 3 lakh to farmers in the current fiscal. The Cabinet chaired by Prime Minister Manmohan Singh decided "to continue interest subvention to Public Sector Banks, Regional Rural Banks (RRBs), Cooperatives Banks and Nabard to enable them to provide short- term crop loans up to Rs 3 lakh to farmers at 7...
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Developing a land acquisition policy for India-Dilip Mookherjee and Maitreesh Ghatak
-Live Mint The current policy on compensating landowners could adversely affect character of India’s future growth The Parliament is currently considering a land acquisition, rehabilitation and resettlement Bill (LARR Bill), as are various state legislatures. These are likely to affect the pace and character of future growth in India in a significant way. Setting up new industries, service establishments and real estate development will inevitably require land to be acquired from rural areas....
More »Helping a village shed its BPL tag
-The Hindu A campaign launched by a community service institution to make selected villages in Bharatpur district of Rajasthan shed the below poverty line (BPL) tag has immensely benefited the poor families in the region and facilitated creation of new employment opportunities, small entrepreneurships and income-generating ventures. The youth and women are especially getting involved in new enterprises in large numbers. Kheria Purohit village in Deeg tehsil of Bharatpur district, where 15...
More »Chhattisgarh eliminates farmer suicides by fudging death data -Supriya Sharma
-The Times of India RAIPUR: The sky is overcast, the fields lush with paddy. A good harvest beckons and to complete the picture of a rural idyll, Chhattisgarh has posted 'zero' farmer suicides for 2011. For a state that has consistently reported the highest rate of farmer suicides in India, with 1,773 cases in 2008; 1,802 in 2009; and 1,126 in 2010, eliminating farmer suicides would be a thundering achievement. But...
More »Farm loan target fixed at Rs 5.75 lakh crore: P Chidambaram
-PTI KARAIKUDI (TN): Disbursal of Agricultural loans has been on the rise under the UPA regime and the target for this fiscal has been fixed at Rs 5.75 lakh crore, an increase of Rs 1,00,000 crore over the previous year, Union Finance Minister P Chidambaram said today. 'We have set a target of disbursing Rs 5,75,000 crore (loans) during this year (2012-13),' he said inaugurating the new building of Rural Training Centre...
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