The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 has come into effect from Ist January 2014. What are the key issues which would get addressed with the Act in place? What implications would it have on industrialization and agriculture in India? (150 Words, 10 Marks)
Posted inUPSC - Mains Solved Paper GS 3

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 has come into effect from Ist January 2014. What are the key issues which would get addressed with the Act in place? What implications would it have on industrialization and agriculture in India? (150 Words, 10 Marks)

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, which came into effect on January 1, 2014, marks a significant shift in India's approach to land acquisition.
“In the villages itself no form of credit organization will be suitable except the cooperative society.” – All India Rural Credit Survey. Discuss this statement in the background of agricultural finance in India. What constraints and challenges do financial institutions supplying agricultural finance face? How can technology be used to better reach and serve rural clients? (150 Words, 10 Marks)
Posted inUPSC - Mains Solved Paper GS 3

“In the villages itself no form of credit organization will be suitable except the cooperative society.” – All India Rural Credit Survey. Discuss this statement in the background of agricultural finance in India. What constraints and challenges do financial institutions supplying agricultural finance face? How can technology be used to better reach and serve rural clients? (150 Words, 10 Marks)

The assertion made by the All India Rural Credit Survey that "In the villages itself no form of credit organization will be suitable except the cooperative society" underscores the pivotal role of cooperative societies in addressing the credit needs of rural India.