-PTI The bank deposits of Himachalis stood at about Rs 50,000 crore but the state is under huge debt, according to a state Finance Ministry official. The percentage of people keen on increasing their savings was 75 per cent in the state while it was 33 per cent in the country, the official said. The increase in income of farmers from horticulture, off season vegetables, milk, animal husbandry and poly houses and fat...

-The Hindustan Times In June 1992, Manmohan Singh, then finance minister in the Government of India, delivered the Foundation Day Address of the Society for Promotion of Wastelands Development (SPWD). He spoke on the topic ‘Environment and the New Economic Policies’. In his talk, Singh urged “objective standards industry-wise for safeguarding the environment, asking industry to certify compliance with these standards, institution of an effective system of verification and industry audit...

-The Hindustan Times Recently, at a rally of gram panchayat chiefs, agriculture minister Sharad Pawar told the audience, “Improving the well-being of farmers is difficult unless agriculture sheds some of its population. At least one member from the farmer’s family should seek livelihood opportunities outside agriculture.” He has often made this appeal to farmers in Maharashtra, pointing out how rich industrial countries have a small proportion of their labour force in...

-Down to Earth As corruption hijacks procurement centres in Bundelkhand, farmers prefer suicide to a debt trap. Richard Mahapatra reports from Uttar Pradesh with photographer Sayantoni Palchoudhuri A fatal paradox strikes Bundelkhand in the face—an overflowing wheat stock yet an overwhelming number of farmer suicides. Farmers here dread the government wheat procurement centre and the post-mortem house. In Orai, a small town in the Bundelkhand region of Uttar Pradesh, the two are...

-World Watch Institute An estimated 70.2 million hectares of agricultural land worldwide have been sold or leased to private and public investors since 2000, according to new research conducted by the Worldwatch Institute (www.worldwatch.org) for its Vital Signs Online service. The bulk of these acquisitions, which are called “land grabs” by some observers, took place between 2008 and 2010, peaking in 2009. Although data for 2010 indicate that the amount of...