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Budget 2015: The need for an overhaul in Indian agriculture sector -Ajeet Kumar

-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...

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Food Corporation to implement major recommendations of high-level panel -Madhvi Sally

-The Economic Times NEW DELHI: In a major boost to reforms in food procurement and distribution, the Food Corporation of India (FCI) has assured the government it will be able to implement major recommendations of the high-level panel that has recommended a complete revamp of the body that plays a key role in the country's food security. The panel has made path-breaking recommendations such as direct cash transfer for fertilizers and grains...

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Rs.98,679 cr. for priority sector lending in AP

-The Hindu Hyderabad: The credit plan estimate for 2015-16 for priority sector lending in Andhra Pradesh has been put at Rs.98,679 crore by the National Bank for Agriculture and Rural Development, 27 per cent higher than State's credit plan for 2014-15. The plan estimate was unveiled here on Thursday at a State Credit Seminar, which was attended by Chief Minister N. Chandrababu Naidu, Agriculture Minister P. Pulla Rao and Chief Secretary I.Y.R....

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Rural reach -Amita Sharma

-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...

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If it’s not Bihar, it’ll be UP

-The Financial Express   With the High Level Committee (HLC) on restructuring FCI pointing to a 47% leakage in the 55 million tonnes of grain distributed through ration shops, the only viable solution is to shut down the PDS as the HLC has recommended be done over a period of time. Not surprisingly, many have argued that, in states that have restructured their ration shop operations-such as Chhattisgarh-there has been a dramatic...

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