-Hindustan Times The government and Reserve Bank of India (RBI) are set to bring out tougher norms for cooperative banks, which have come under scanner for alleged discrepancies and irregularities in the wake of the demonetisation drive. According to a recent report by the income tax department, most banks have indulged in money laundering after the Narendra Modi government announced ban on high-value bank notes of Rs 500 and Rs 1,000 from...
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Between 2014 & 2015, farm suicides rise by 2 percent
The Bharatiya Janata Party's (BJP) election manifesto for 2014 Lok Sabha election says that if elected to the Centre, it will then "(p)ut in place welfare measures for farmers above 60 years in age, small and marginal farmers and farm labours", among other things. Despite the formation of a BJP led National Democratic Alliance (NDA) government at the Centre in 2014, the latest available data on farm suicides from the...
More »Suicides by Telangana farmers rise; 1,358 cases recorded in 2015
-Deccan Chronicle Deficit rainfall of minus 21 per cent in the monsoon season till August 2015 caused a major crop failure in the state. Hyderabad: Telangana has recorded a massive increase in suicides by farmers; it now has the second highest rate of farmer suicides in the country. Recent data released by the National Crime Record Bureau reveals that more farmers ended their lives in TS in 2015 than in previous years. Failure...
More »Abhijit Sen, economist and former chairman of the Commission for Agricultural Costs and Prices, interviewed by Lola Nayar
-Outlook Economist Abhijit Sen on how Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Former chairman of the Commission for Agricultural Costs and Prices, economist Abhijit Sen, in an interview with Lola Nayar, explains that Prime Minister Narendra Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Sen expects a tax amnesty scheme...
More »'Drought, debt driving farmers out of their homes'
-Deccan Herald New Delhi: A large number of farmers in drought-affected states are debt-ridden and many are migrating from their villages, according to a survey by an NGO. According to ‘Lessons from Desolation: A Citizen’s Report on Impact of Drought and Learnings for Future,’ prepared by Action Aid, 40-65 % of the farmers in the drought affected states are indebted while 20 % have migrated to nearby towns and cities in search of...
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