-Down to Earth But boost in agriculture budget not enough, say experts Sensing the prevailing agriculture crisis, Union finance minister Arun Jaitley announced in the Union Budget that budgetary allocation for the agriculture and farmers’ welfare ministry will be increased 45 per cent compared to last year. The government has set aside an allocation of Rs 35,984 crore which is Rs 11,000 crore more than that of last year. (See table)....
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Polavaram is reaping the Jan Dhan benefit -Gunturi Naga Sridhar
-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...
More »BJP MP says fashionable for farmers to commit suicide, sparks row
-PTI Mumbai: In controversial remarks, BJP MP Gopal Shetty has attributed farmers’ suicides to a “fashion” and “trend” to end lives. The remarks come at a time when Maharashtra is reeling under an agrarian crisis with 124 farmers committing suicide in the state since January. “Not all farmers’ suicides happen due to unemployment and starvation. A fashion is going on. A trend is on,” Shetty, who represents north Mumbai, said after an...
More »SC asks RBI for details of firms that have defaulted on loans of over Rs 500 crore -Shreeja Sen
-Livemint.com The Supreme Court has asked RBI to submit the information within six weeks New Delhi: The Supreme Court (SC) on Tuesday asked the Reserve Bank of India (RBI) to furnish details of companies that have defaulted on loans amounting to more than Rs.500 crore in sealed covers within six weeks. The court made the central bank a party to a 2005 case related to bad loans advanced to a few companies...
More »Marathwada: 27 farmer suicides in a week, takes year’s toll over 1,000 -Manoj Dattatrye
-The Indian Express Officials pegged the total number of suicides in Marathwada at 1,024 on Tuesday evening, up by 27 since December 1, when the toll for the year stood at 997 suicides. Pune: IN BARELY a week, as many as 27 farmers have committed suicide in Maharashtra’s drought-hit Marathwada region, taking the suicide toll in the area beyond 1000 this year. Officials pegged the total number of suicides in Marathwada at 1,024...
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