-PTI Allegations of fund leakages notwithstanding, the MGNREGA scheme has improved access to financial services for farmers and holds a great scope for further agricultural and economic growth of the country, a World Economic Forum report said today. Focus on soft infrastructure in the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has led to successes in land rights issues, it said. Launched in 2005, MGNREGA is UPA government's flagship social programme. The...
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Rural retail sees fall in demand by Ajay Modi
Hariyali Kisaan Bazaar, India’s biggest rural retail chain by sales, which operates 230 stores across eight states and had seen good growth in the past two years, said it had seen a fall in rural demand in the past two to three months. A drop in prices of potatoes, onions and some other vegetables, leading to low realisation for farmers, and an increase in cost of fertiliser, are reasons for these...
More »Boost investment to tackle price rise: Farmers tell FM
-The Economic Times Farm sector has sought reforms in supply chain infrastructure, rationalisation of subsidies, decentralised handling of foodgrain, and higher resources to farm productivity and ensure food security. Presenting its pre-budget wish list to the Finance Minister Pranab Mukherjee, a delegation of farmers and sector experts said there was a need to boost investment in farm sector to tackle food inflation. Farm sector growth is likely to be 3-3.5% in 11th...
More »Open the shutters
-The Indian Express Even as the UPA’s effort to introduce 51 per cent FDI in multi-brand retail fell on its face, the proposal to allow 100 per cent FDI in single-brand retail is through. Just before the finance minister goes to the US to speak to investors, this decision is something of a face saver. The department of industrial policy and promotion formally announced the decision, with the condition that in...
More »Strong revival by Anindita Adhikari
In Jharkhand, an assertive populace is making sure that the dealers do not hijack the PDS. UNTIL a few years ago, the public distribution system (PDS) in Jharkhand appeared broken and beyond repair. The National Sample Survey data for 2004-05 suggest that more than 80 per cent of the PDS grain was sold in the open market at that time. A field survey in Ranchi and Dumka districts from June...
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