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How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair

-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...

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SP has highest income among 32 regional pARTies, shows study

-The Times of India NEW DELHI: The total income of 32 regional political pARTies in 2016-17 was Rs 321 crore with the Samajwadi PARTy (SP) getting the highest at Rs 82.7 crore, says a report by the Association of Democratic Reforms (ADR). These regional pARTies declared a total expenditure of Rs 435.48 crore during the year, ADR added in the report. Of these 32 pARTies, 17 showed Rs 114.45 crore collectively as...

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Demonetisation effect: Demand for cash rises 7%, says RBI -Advait Rao Palepu

-Business Standard Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially. Mumbai: People’s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016. Currency with the public (CwP), or people’s demand for cash or currency, is 7...

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Rice innovator-farmer unable to pay medical bills -Bhavika Jain

-The Times of India MUMBAI: In a glaring case of apathy, ailing self-trained farm innovator Dadaji Khobragade (80), who revolutionized paddy farming by developing the high yielding variety of rice called HMT, is struggling to meet his medical expenses. His family has been forced to make a public appeal for donations for just Rs 2 lakh to pay for his hospitalisation. Khobragade, who hails from Nanded village in Nagbid tehsil of eastern...

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Centre allows import of pulses despite farmers sitting on huge stocks -Rajesh Bhayani

-Business Standard 1.5 million quintals of tur to be imported under MoU between India and Mozambique, even as farmers hold 4 times more Mumbai: In what appears to be another instance of farmers’ interests being hurt for no fault of their own. And this time, too, it's pulses. The year 2016-17 was a crisis year for pulses, with prices skyrocketing past the Rs 100-150 per kg mark amid crop failure. In the following years,...

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