-TheWire.in A sudden spike in farm fires has prompted Delhi chief minister Arvind Kejriwal to write to his Haryana and Punjab counterparts. New Delhi: With the arrival of the paddy harvesting season, there has been a sharp increase in the number of farm fires reported in Punjab. There were 107 fires between September 24 and 26 this year compared to just 11 in the same period last year, according to a report...
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Stubble burning season starts in Punjab and Haryana -Shagun Kapil
-Down to Earth Nasa’s satellite image showed at least 100 such incidents in Punjab in the last 72 hours Nasa satellite images recorded scores of farm fires across Punjab and Haryana in the last seven days, indicating that the stubble burning season has started in the two states. Several red dots, indicating stubble burning activity, were seen in the images, especially over the districts of Amritsar, Ludhiana and Patiala in Punjab, and Karnal,...
More »Customers mull legal action to revoke RBI order on PMC Bank, access funds
-The Hindu Business Line Mumbai: Thousands of distraught customers of Punjab and Maharashtra Cooperative Bank gathered at the bank’s branches in Mumbai for a second day on Wednesday to protest against the Reserve Bank of India’s direction to impose restrictions on withdrawal amounts. Some of them said they would initiate legal action. “I had saved up for my daughter’s marriage in December, but my money is now stuck,” said Harshit Rane, a customer....
More »Govt pushes zero budget farming; farmers, experts say no road map in place -Anju Agnihotri Chaba
-The Indian Express The government claims that if input cost is decreased, farmers will not need to take loans and with zero inputs, they will only earn from their crops without spending anything. Jalandhar: THE Punjab government has asked agriculture offices across all 22 districts to register 150 farmers each for ‘zero budget natural farming’ to mark the 150th birth anniversary of Mahatma Gandhi, after getting a letter from the Centre...
More »RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs 1,000 per account
-PTI MUMBAI: The Reserve Bank of India has ordered Punjab and Maharashtra Co-operative (PMC) Bank not to do any business for six months and capped depositor withdrawals at Rs 1,000, throwing the lives of thousands of traders, self-employed and daily wage earners into disarray. The regulator has also appointed an administrator for the bank. Defaults appear to have surged in the past six months amid tight economic conditions and some lumpy loans...
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