The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...

-Live Mint   In an unprecedented move, farmers in East Godavari and adjoining districts of Andhra Pradesh declared a crop holiday last season, refusing to cultivate paddy in this fully irrigated region of the state. Farmers say the reason for this drastic step is that cultivating paddy has become unremunerative and they are left with no other choice. The agrarian crisis and its neglect by successive governments are responsible for the low...

-The Hindu   Loans disbursed to State Governments by the National Bank for Agriculture and Rural Development (NABARD) for creating rural infrastructure has crossed the Rs.1 lakh crore mark. Of that Rs.6,523 crore has been disbursed in Tamil Nadu. This is the fourth among the States that have availed of substantial financial support from NABARD. The other three are Andhra Pradesh (Rs.9,711 cr.), Uttar Pradesh (Rs.7984 cr.), Gujarat (Rs.7,324 cr.), According to a NABARD...

Is the Congress afraid of winning in Gujarat?  Nothing else explains why it lets Narendra Modi tom-tom development when it should have been the Congress banging the drums. The economic achievements of governments before Modi's read like an award citation, but too much secularism has since led the Congress astray. Instead of showcasing its past performance to regain Gujarat, it is obsessed with nailing Modi as a communalist-in-chief. Naturally, it is...

"Will you come in now?" screams 50-year-old Tanhibai Kale of Ganeshpur village in Jhari Jhamni tehsil of Yavatmal, the heart of Vidarbha's suicide country. Lightening streaks across the darkened skies, followed by loud thunder. Her drenched nine-year-old grandson Nandu comes in from the downpour and tries to slink in but not before getting two slaps. "Next, you'll fall ill and we'll have to go looking for money to treat you,"...