-The Indian Express Kishore Tiwari, who heads the government-appointed Vasantrao Naik Shetkari Swavlamban Mission, said the farmer suicides would stop once the waiver takes effect. Pune: Even as the Maharashtra government has announced loan waiver for farmers, as many as 42 farmers have ended their lives in the last two weeks. This, government officials said, highlights the magnitude of rural distress in the state. According to the Aurangabad divisional commissionerate, which...

-Livemint.com Maharashtra’s capping of farm loan waiver will benefit farmers of drought-prone regions more than those in prosperous western, northern areas Mumbai: By capping the farm loan waiver at Rs1.5 lakh per farmer regardless of land holding, the Maharashtra government has ensured that farmers in the critically affected Marathwada and Vidarbha stand to gain more than those in the prosperous western and northern regions. Farm activists and at least one member of the...

-PTI RBI says do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector Banks as the locker hiring agreement absolves them of all liability New Delhi: Do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector Banks as the locker hiring agreement absolves them of all liability. This bitter truth was disclosed in an RTI response...

-The Times of India NEW DELHI: For some days now, several service providers — from insurance and banking to telecom and hotels — have been sending emailers to customers warning of a GST-driven increase in prices starting July 1. Alarmed and unconvinced, the revenue department in the finance ministry has roped in other ministries to impress upon industry to adjust input tax credit against possible increase in tax liability. The tax credit...

-Livemint.com Burden of farm loans has driven many Karnataka farmers into the clutches of moneylenders, who at times charge even by the hour Bengaluru: Naveen Kumar, 40, a small farmer in Hassan district, Karnataka, paid Rs.2,400 as premium (Rs.1,200 per acre) to insure his jowar crop last year. The crop failed after deficient rains. But Kumar was covered—or so he thought. Earlier this year, he received Rs1,600 (Rs800 per acre) as compensation—33% less...