There was in fact a successful auction of spectrum — only it was not conducted by the government but by its corporate sector cronies who made a fortune on the deal. On one pronouncement of his, you have to agree with Prime Minister Manmohan Singh. His is not a ‘lame-duck government.' Cooked goose seems the more appropriate soubriquet. However, not a single new scam worth over Rs. 1 lakh crore has...
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Kisan Credit Card: Allowing easy credit access to farmers by Ankit Sharma
Non availability of timely credit has been a major drawback for the agricultural sector of India. In a country which relies mostly on agriculture, constant endeavors are needed to see that rural and agricultural credit facilities are enhanced with time. As a part of these efforts, agricultural credit cards got introduced in the agricultural lending system. Similarly cash credit facility was also being offered by many banks. However, a major shortfall...
More »Poor paddy procurement adds to Bihar farmers' woes
Surinder Mahato is a worried man. A small farmer on the outskirts of Bihar's capital Patna, he laboured throughout last year's drought to ensure that his farm's output of rice was not affected. But he now stares in distress at the stacks of paddy lying in his hut. 'I am waiting to sell my crop, but due to the government negligence, I am forced to sell at throwaway prices to local...
More »NAC pushing for its version of Food Security Bill by Smita Gupta
Union Food Ministry to convene consultation of its officials with NAC and EAC representatives Pressure from the Sonia Gandhi-led National Advisory Council (NAC) on the new Union Food Minister, K.V. Thomas, to accept its recommendations rather than the watered down version of the Rangarajan panel, which was set up to examine the NAC's recommendations, appears to be working. Government sources told The Hindu that the Union Food Ministry is hoping to shortly...
More »A doubtful harvest
Even as everyone is celebrating the bounce in the economy with a return to 8.5 per cent growth, the jury is out on the accuracy of the agricultural output numbers. The impressive 5.4 per cent agricultural growth rate number is suspect if one looks at recent trends in farm productivity and output. The agriculture ministry anticipates foodgrain output to grow by 6.4 per cent to 232 million tonnes in 2010-11....
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