-Scroll.in Principal Economic Advisor Sanjeev Sanyal said the government wants to reduce the number of PSU lenders to 10 to 15 from the current 21. The Union Cabinet on Wednesday gave its in-principle approval for the merger and consolidation of public SECtor banks, reported ET Now. The Cabinet gave the go-ahead to set up a mechanism to carry out such mergers. The move is aimed at improving the efficiency of public...
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Over 90 Lakh Farmers Benefited From Crop Insurance Scheme, PM Modi Told
-PTI PM Narendra Modi was informed that claims of over Rs. 7,700 crore have already been paid to farmers under the Pradhan Mantri Fasal Bima Yojana, according to a PMO statement. New Delhi: Over 90 lakh farmers have benefited from the crop insurance scheme during the Kharif season last year and the Rabi season in 2016-17, a meeting chaired by Prime Minister Narendra Modi was told in New Delhi today. The prime...
More »What is the cost of doubling farmers' income by 2022? -Richard Mahapatra
-Down to Earth The farmers have to make an investment of Rs 463 billion in the next five years A “New India” is the latest national agenda. Prime Minister Narendra Modi, in his fourth Independence Day speech, made an appeal with his trademark gesture of both hands pointing towards the gathering: “A new India that would fulfil the dreams of the young and women, and see the income of farmers double.” Doubling...
More »No sweets in West Bengal as 2 lakh shops remain shut protesting 5% GST
-IANS All the sweet shops across the state went on a 24-hour strike Kolkata: In what could be a bitter experience for the sweet-loving residents of West Bengal, over two lakh sweet shops, celebrated for their rosogollas and mishti doi, across the state went on a 24-hour strike on Monday to protest imposition of five per cent Goods and Services Tax (GST). Monday's protest is expected to cause an estimated loss of Rs...
More »IARI soil-testing technology tweaked, private firm has monopoly -Jay Mazoomdaar
-The Indian Express As both IARI and IISS continued refining their respective products, procurement under the soil health card scheme gathered steam when the government sanctioned setting up over 6,000 mini labs in 2016-2017. New Delhi: Despite objections raised by senior officers, a low-cost digital soil-testing technology developed by the Indian Agricultural Research Institute (IARI), under the Indian Council of Agricultural Research (ICAR), has been tweaked by a sister ICAR institute...
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