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Strong fourth quarter

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

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Grain banks guard against loan & seed sharks

This is a story of a bunch of gritty women in a small Andhra village who used their traditional resources and knowledge to fight poverty and create a source of livelihoods for others. A group of 34 women, most of them illiterate, at village Pyalayaram, which falls in Deccan region of Zaheerabad mandal in the state of Andhra Pradesh.decided to set up a community grain bank with a little help...

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Govt rice purchases cross 27 mn tonnes so far

Rice procurement has crossed 27 million tonnes in 2009-10, down by about three per cent over the last year's due to low production. Food Corporation of India (FCI), the nodal agency for procurement and distribution of foodgrains, and state agencies had procured 27.93 million tonnes of rice in the corresponding period of the previous marketing year, which runs from October to September. The Centre had procured a record 33.68 million tonnes of...

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MGNREGA status report | New model for success in Andhra by CR Sukumar

Anchekatti Rangaswamy, 19, is shifting large rocks from the acres of barren farm land on the outskirts of Yerraguntla, a village 65 km from Kurnool, the gateway to Andhra Pradesh’s drought-prone Rayalaseema region. The work he does during his summer break from college will make the rocky land, belonging to marginal farmers in the area, slightly more cultivable. And the wages the teenager will earn from the job under the Mahatma...

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India opposition parties strike over high food prices

Communist and opposition parties in India are holding nationwide protests against rising food and fuel prices. The Communist-governed states of West Bengal, Tripura and Kerala are likely to be worst hit by the 12-hour strike called by the parties. Air and train services have been disrupted in West Bengal, and attendance in offices across the states is reported to be patchy. Food prices in India have risen by as much as...

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