-Firstpost.com The Financial Resolution and Deposit Insurance (FRDI) Bill proposes to create a framework for overseeing financial institutions such as banks, insurance companies, non-banking financial services (NBFC) companies and stock exchanges in case of insolvency. The 'Resolution Corporation', proposed in the draft bill, would look after the process and prevent the banks from going bankrupt. It would do this by "writing down of the liabilities", a phrase some have interpreted as a...
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Farmer's suicide numbers drop for second consecutive year in six districts: Govt data
-The Indian Express Yavatmal, known to be the suicide capital of Vidarbha, has also shown a drop from last year’s 272 to 225 this year. The district had registered 386 suicides in 2015, an all time record for any district. Nagpur: Even as the ruling and Opposition parties slug it out in the state legislative Assembly, and outside, over farmers’ suicide, government statistics have shown a trend of decreasing numbers for the...
More »Meet India's first and only licensed fisherwoman, KC?Rekha -Ramesh Babu
-Hindustan Times KC Rekha may have become a fisherwoman out of necessity, but she’s come to love her profession, despite the odds and uncertainty, despite her life being as complex as the tangled net in her vessel. Thrissur (Kerala): KC Rekha, a 45-year-old mother of four sits alone on an isolated beach of a Kerala fishing village at the crack of dawn, untangling a mess of nylon fishing nets on which her family’s...
More »This Farmer Grew 100 Tonnes of 20-Foot Tall Sugarcane in One Acre! Here's How! -Manabi Katoch
-TheBetterIndia.com Appaso Kabade, a farmer from Karandwadi village in the Sangli district of Maharashtra, owned 30 acres of ancestral land. As a local sugar mill was giving a reasonable price for sugarcane, he started growing the crop. He was able to grow about 25 to 30 tonnes of sugarcane per acre, but his dream was to reach up to 100 tonnes from the land, but it remained unfulfilled. Suresh took to farming...
More »Rural job scheme not reducing migration significantly, shows survey -Sanjeeb Mukherjee
-Business Standard 80% of surveyed districts did not show any change in migration New Delhi: The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has succeeded in creating livelihood assets but might not have a big impact in curbing migration -- one of its objective. &NBSp; According to a survey conducted by Institute of Economic Growth (IEG), almost 78 per cent of households covered reported an increase in water table after building conservation...
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