Technology is helping public sector banks find customers in rural India. This is part of the Centre’s efforts to include villages in the organized financial system; to ensure they are not cheated of their wages. Pilots show promise   The current state of rural banking in the country is poor. A recent report, by the National Sample Survey Organization, revealed that 51.4 per cent of the 89.3 million total farmer households in...

The National Biodiversity Authority (NBA) will probe an allegation that research on genetically modified brinjal initiated five years ago in India had violated a law that sought to protect the country’s genetic resources, NBA sources said. A non-government group in Bangalore has alleged that Indian crop scientists may have violated the Biological Diversity Act, 2002, through research involving local brinjal varieties and foreign technology without appropriate permission from the NBA....

India has played a crucial role in making essential medicines available and affordable for patients in the developing world through generic drugs. This has been possible by linking India’s patent policies and laws to public interest. Similarly, policies that align public funded R&D in India with public health have the potential to provide incentives to the development of medical technologies (vaccines, diagnostics and medicines) crucial for treating neglected diseases like...

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs.1.15 crore from its Farmers Technology transfer Fund to the National Agro Foundation (NAF), NABARD’s Managing Director K.G. Karmakar announced on Saturday. Speaking at a function in Illedu village, Kancheepuram, to observe the birth centenary of the former statesman, C. Subramanian, he said the funds had been sanctioned to the NAF to help farmers access new technologies. NABARD was interested...

Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....