New Delhi: Finance Minister Pranab Mukherjee's Budget failed to send out a strong message about the reform process while coming out with a subsidy management plan and announced a new income tax structure. Experts labelled the it as an '80s style' Budget. Mukherjee began by admitting that the global crisis had affected the Indian economy. However, he said that a major turnaround might be expected soon. Budget 2012: How it...
01:07 PM, Mar 16, 2012
Left leader D Raja on Friday said that the government will have to step up investment in agriculture sector and social sector. ...
11:37 AM, Mar 16, 2012
New Delhi: An additional investment of Rs 1,15,660 crore would be required to revitalise the agriculture sector and boost production to meet the foodgrains demand under the proposed Food law, Parliament was informed on Tuesday. "To effectively implement the proposed Food Security Act, it is estimated that there should be an additional production of about 70-75 million tonnes of foodgrains," Minister of State for Agriculture Harish Rawat said in a...
04:29 AM, Mar 14, 2012
New Delhi: Exceeding target, the country is set to harvest a record 250 million tonnes of foodgrains this year, as efforts to push farm growth seem to be paying off, Prime Minister Manmohan Singh said on Wednesday. "Our farmers have done us proud again this year. ...but we still have a long way to go. ...we cannot afford to be complacent since demand of horticulture and animal products is increasing...
01:53 PM, Feb 15, 2012
In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional one per cent interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven per...
04:12 PM, Feb 13, 2012
Jamshedpur: Jharkhand Chief Minister Arjun Munda on Sunday called upon the tribals and weaker sections of the society to be aware to get benefit of the welfare schemes launched by the state government while ensuring that his government would focus to promote agriculture sector. Addressing as chief guest at the Adivasi Maha Sammelan, organized by the BJP (Schedule Tribe cell) East Singhbhum district committee, at Agrico ground, Munda said the...
02:40 AM, Feb 06, 2012
Davos: Wipro Chairman Azim Premji on Friday said India's agriculture needs right leadership and a drive from Prime Minister because the sector is key to the country's economy. "What we require in short term is much more investment in agriculture and agricultural productivity. "If that can be controlled in terms of getting the right leadership there and the right drive from the Prime Minister and his office in the area...
12:21 AM, Jan 28, 2012
New Delhi: Odisha Agriculture Minister Pradeep Maharathy, who has been facing controversy in Pipili rape case, has resigned on Thursday. Maharathy has been in the line of fire for the past one week following allegations that he had harboured those accused of raping and attempting to kill a 19-year-old girl at Pipili in Puri district on November 28. After increasing public and political pressure for its lapses in the alleged...
10:49 AM, Jan 19, 2012
Chandigarh: Congress on Sunday vowed to help Punjab regain its glory as the most developed and prosperous state in the country by rejuvenating its agriculture sector and industries. Releasing its manifesto for the upcoming Assembly polls, Congress promised to establish the rule of law in the state and create employment opportunities for the youth by reviving industries. Claiming that Punjab was facing crisis in all spheres, be it agriculture, industry,...
12:14 AM, Jan 16, 2012
Harinavi: Former West Bengal Chief Minister Buddhadeb Bhattacharjee on Sunday accused the Mamata Banerjee government of impairing development in the state, saying it failed to woo new businesses and ensure minimum support price for paddy. "The government has taken the state backward in both industry and agriculture. It has not taken a single step towards industrialisation compared to what was done by us. No new industry has come up under...
08:30 PM, Jan 08, 2012
Kolkata: West Bengal Chief Minister Mamata Banerjee on Saturday urged public sector banks to increase the flow of credit to agriculture and micro and small enterprises sectors in the state. "I would request the banks to look into the following issues. There is low credit for agriculture. Forty percent of the demand is achieved. This needs to be raised significantly," Banerjee said in a meeting with Union Finance Minister Pranab...
02:53 AM, Dec 11, 2011
New Delhi: Congress leader P C Chacko, speaking in the Lok Sabha on Thursday, said that inflation had fallen drastically in the country. "Inflation has fallen from 22 per cent to 18 per cent to below 8 per cent in India. We are not an isolated country. The world is one village now. There is a mismatch of supply and demands," he said. Participating in the discussion on price rise...
03:03 PM, Dec 08, 2011
Mumbai: ICC chief Sharad Pawar has decided not to seek re-election as the president of Mumbai Cricket Association for a sixth term, Bringing curtains down on his decade-old reign as head of MCA. At a meeting with his group of supporters held at the MCA's Recreation Centre at Bandra-Kurla Complex, the Union Agriculture Minister declared his intention not to seek re-election, according to sources. "He confirmed at the meeting he's...
10:58 PM, Jul 05, 2011
Saurashtra: Gujarat is witnessing a lush green harvest despite poor monsoons last year. A lush green harvest in a drought zone has come as a miracle for the farmers. It's mid summer in Saurashtra in Gujarat. Till recently, this was a serious drought zone and a nightmare for farmers. But that has changed now. Farmer Batukbhai Gajera's farm is lush green. His papaya crop is already three feet tall and...
10:20 AM, Jun 08, 2011
Narsinghpur: Thousands of tones of wheat is lying in the open, waiting to rot in Narsinghpur, while the Madhya Pradesh Warehousing Corporation has rented 33 godowns to private businessmen to store soyabean. The 33 godowns belong to the Narsinghpur agriculture produce procurement centre were handed over to the state warehousing corporation in 2010 for storage of wheat. But, this year, the moment the wheat was taken out, these godowns were...
08:32 AM, May 28, 2011
Islamabad: A bomb went off outside the home of a provincial minister in a suburb of Peshawar in northwest Pakistan on Sunday, injuring at least four persons, including policemen, officials said. The blast occurred outside the residence of Khyber-Pakhtunkhwa Agriculture Minister Arbab Ayub Jan, who belongs to the ruling Awami National Party. It could not immediately be ascertained if the minister was at home at the time of the attack....
01:10 PM, May 08, 2011
Bhopal: A Madhya Pradesh college professor, who was allegedly roughed up by Akhil Bharatiya Vidyarti Parishad (ABVP) activists earlier this week, has died of heart attack, police said on Saturday. Professor SS Thakur, who was allegedly roughed up by ABVP activists March 9 in the office of the dean of Bhagwant Rao Agriculture College in Khandwa, some 200 km from Bhopal, died of a heart attack late Friday night. The...
10:18 PM, Mar 12, 2011
Rome: Women in rural areas could help reduce by up to 17 percent the number of the world's hungry which currently stands at almost one billion, according to a report issued on Monday by the UN Food and Agriculture Organization (FAO). If women had the same access to land, technology, financial services, education and markets as men, agricultural production could be increased and the number of hungry people reduced by...
11:40 AM, Mar 08, 2011
New Delhi: Aiming to control price rise in non-cereal food items, the government on Monday announced a budget outlay of Rs 2,200 crore to boost production of vegetables, pulses, oilseeds, millets and fodder. The government also decided to continue the existing two schemes - one for Green Revolution in eastern states with an allocation of Rs 400 crore and the other to promote pulses' output scheme with an outlay of...
02:55 PM, Feb 28, 2011
New Delhi: In a bonanza to the farming community, the government on Monday announced loans at interest rate of four per cent -- three per cent less than market rate -- for farmers who pay their dues in time and raised the credit target for farm sector by Rs 1 lakh crore. "The existing interest subvention scheme of providing short-term crop loans at seven per cent interest rate will continue...
12:28 PM, Feb 28, 2011
