-The Hindu A NABARD survey says middlemen funded by banks have kept growers captive to high-interest loans Jammu: Kashmir's acres of undulating apple orchards may soon be waste lands, a survey by the National Bank for Agriculture and Rural Development (NABARD) accessed by The Hindu shows. The Rs. 4,000-crore industry has been brought to its knees by a network of middle-order market functionaries comprising pre-harvest contractors (PHCs), commission agents (CAs) and wholesalers...
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Man penalised for filing 100 RTI applications -Rahul Devulapalli
-The Times of India HYDERABAD: At a time when the central government is formulating ways to 'strengthen' the not-so-adequately used Right to Information Act 2005 (RTI) in the country, here is a man from AP who has been penalised by the state information commission for using the RTI a little too frequently. Turns out that E Sivaramanjaneyulu, a resident of Navapala village in Anantapur district, dashed off over 100 RTI applications,...
More »Whistle blower Ashok Khemka in Robert Vadra-DLF land deal transferred for 44th time-Prashant Krar
-The Economic Times CHANDIGARH: Haryana government today transferred whistleblower in Robert Vadra-DLF land deal, Ashok Khemka, Haryana IAS officer to department of Archives within six months of his recent posting as managing director of Haryana Seeds Development Corporation. The latest transfer of Khemka, second in last few months and 44th in all, is seen as a bid to avoid further threat to image of the Congress government that has taken beating after...
More »Nitish Kumar proposes 50% reservation for women in cooperative societies -Ashok K Mishra
-The Economic Times PATNA: Reserving 33% seats for women in Parliament and state legislatures may remain a dream for Congress president Sonia Gandhi but chief minister Nitish Kumar has not only done that in panchayat bodies of Bihar but is set to take the concept to other areas. Women's support for JD(U) had swelled in elections following the reservations, as the fair sex exhibited approval for the progressive legislation. Encouraged by 'lady...
More »Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan
-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
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