-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....
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An unequal burden -Harish Damodaran
-The Indian Express Farmers are paying about Rs 15,000 crore GST annually, on which they cannot claim input tax credit. Agriculture is a unique business that not only has high production as well as price risk, but also one where everything is bought retail and sold wholesale. This reality, moreover, extends even to Goods and Services Tax (GST): Farmers are the only businessmen today who cannot claim input tax credit (ITC) on...
More »Alternative agriculture: Natural farming's time has come, seize the moment -PVS Suryakumar
-The Indian Express Consumers today are willing to pay for organic produce. What is required is a policy framework to enable farmers to cater to this market. A few months back, I was at an artisanal products exhibition, where there was a stall showcasing organic leather bags. A buyer marvelled: “Wow, we have organic leather too?” The stall-person’s response was, “Sir, this is from animals that were fed only natural grass...
More »Rs 80 per kg and climbing: Onion prices may not come down anytime soon, here's why! -Sindhu Chandrasekaran
-The New Indian Express Maharashtra, MP, Karnataka and AP are major producers of onions in India. These states were severely hit by the monsoon this year, which destroyed their farm produce. The prices of basic commodities like fuel and onions are skyrocketing just as the festive season is around the corner. While fuel prices hit a yearly high on the back of the ongoing tensions in the Middle East and the US-China...
More »Too much of rains have spelt disaster for farmers in India's soyabean bowl -Milind Ghatwai
-The Indian Express The average modal price of soyabean in the Ujjain mandi has risen from Rs 3,576 to Rs 3,970 per quintal since the start of this month. The current rates are above the MSP of Rs 3,710 declared by the Modi government for the 2019-20 kharif season. Sehore (MP): Standing in ankle-deep water engulfing his field, Kamal Singh Dhangar takes a wild shot at the likely yield from the...
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