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Cash drought shadow: Distress sale of paddy -Hemant Kumar Rout

-The New Indian Express BHUBANESWAR: Gopal Krushna Panda was happy to hear the announcement on demonetisation of higher currency notes with a hope that the black money will be wiped out. But his happiness was short-lived as the currency crisis gripped the nation. A native of Gopalpur village in Balasore district, Panda requires at least Rs 40,000 to harvest paddy from his 10 acres of agricultural field. While the paddy has already...

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Brace for more cash blues as the next salary date nears -G Naga Sridhar

-The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country. According to government data, the Centre’s total salary and allowances bill...

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The rice that changed the world -K Deepalakshmi

-The Hindu IR8, the high-yielding rice variety helped India fight famine, turns 50 this month In 1967, when a 29-year-old N. Subba Rao sowed a semidwarf variety of rice in over 2,000 hectares in Atchanta, West Godavari district in Andhra Pradesh, he wouldn't have thought he would be part of a revolution in rice cultivation. What Dr. Rao sowed in his farm was IR-8, a rice variety developed by the International Rice Research...

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Cash crunch rains misery on farmers after below-par monsoon -Nidheesh MK, Dharani Thangavelu and Sharan Poovanna

-Livemint.com The impact of cash crunch on farmers is likely to have a cascading effect on the broader economy in southern India Bengaluru/ Chennai: P.V. Rajappan, a rice farmer in Kerala’s drought-hit Palakkad district, had been planning to drill a borewell to irrigate his next crop. He thought he would be able to do it this year. Rajappan delivered his entire harvest—10,210kg of paddy—to the state-run Civil Supplies Corporation, popularly known as...

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Maharashtra tops list of internet subscribers in India

-PTI Tamil Nadu has the highest number of urban subscribers at 21.16 million New Delhi: Maharashtra has the highest number of internet subscribers in the country at 29.47 million, followed by states like Tamil Nadu, Andhra Pradesh and Karnataka. According to government data, India had a total of 342.65 million internet subscribers at the end of March, 2016. Tamil Nadu had 28.01 million subscribers, while its neighbours Andhra Pradesh and Karnataka had 24.87...

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