The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...

If home minister P Chidambaram’s recent letter to West Bengal chief minister Buddhadeb Bhattacharjee is any indication, it has taken the Union home ministry seven years to realise that arming civilians to fight Naxalites is a bad idea. How much longer will it take for them to realise that the current paramilitary-based approach in Chhattisgarh is similarly bound to fail? From 2003 onwards, the home ministry has followed a policy of...

Farmers in West Bengal whose land will be acquired will now get three cottahs of developed land for commercial purpose for every acre of land. This will be in addition to a compensation based on market rate. Even before the Central government came up with a fresh land acquisition Act and rehabilitation policy, the West Bengal government on Thursday announced its new rehabilitation package for the state’s farmers. Commerce and Industries...

The Supreme Court has condemned the stripping and parading of a tribal woman by four upper-caste men 17 years ago, citing it as an example of how tribals are systemically ill-treated and “marginalised” in India. The accused had dismissed the evidence of the victim’s torn clothes claiming that she and other Bhils were poor and usually wore tattered clothes. “This itself shows the mentality of the accused who regard tribal people as...

Eminent scientist M S Swaminathan has said the new National Food Security Act should include a provision for distribution of millets through the public distribution system. This measure will be implemented keeping in mind the possible reductions in yield of rice and wheat due to climate change. Speaking at a climate change symposium during the 98th Indian Science Congress 2011 held at SRM University on Wednesday, Swaminathan elaborated on the...