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NE farmers fail to avail loan: Pawar

Union Minister for Agriculture Sharad Pawar today expressed unhappiness over non-availing of agricultural  loan by the farmers of the North-Eastern States in the way it was expected, which he feels has hampered investment and finally the overall agricultural production of the region. "Though the Centre has doubled the agricultural credit amount recently and Centre has been able to disburse Rs 3, 50,000 crore this year, the North Eastern States have not...

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Focus on power-poverty

The International Energy Agency (IEA) has highlighted that over 20% of the global population or 1.4 billion people lack access to electricity, which hinders economic and social development. Here in India, the grim reality is that almost half the population in rural areas has little or no supply of power. For long years, open-ended subsidies in power have mostly been diverted and usurped by the undeserving non-poor. Fortunately, social, managerial and...

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Keynes-Hayek dilemma by KP Prabhakaran Nair

With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...

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Climate change could benefit UK farmers by Fiona Harvey and George Parker

Climate change and global food shortages could bring unexpected benefits for British farmers in the next two decades, ultimately relieving taxpayers of the burden of subsidising them, Caroline Spelman, environment secretary, has claimed. Ms Spelman said the UK was unlikely to suffer the severe water shortages that scientists predict will afflict other parts of the world, and that British farmers should be able to exploit greater demand for their produce. “Countries that...

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Declare West Bengal drought a national calamity: CPI-M

The Communist Party of India-Marxist (CPI-M) Sunday demanded the central government declare the drought in West Bengal a national calamity and provide subsidies for writing off crop loans taken in the kharif season. With 11 of the 18 districts in the state already declared drought-affected, the water level has been receding in most of the south Bengal districts, making the peasants doubtful about how much proportion of the harvest can be...

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