-The Times of India MUMBAI: Demonetisation seems to have helped private moneylenders in Maharashtra. Of the Rs 13,558 crore of loans required for the rabi season, banks could disburse only about Rs 2,400 crore (18%), due to shortage of cash. Besides, there are restrictions on district cooperative banks (DCCBs). Officials said the crisis gave moneylenders an opportunity to get rid of defunct notes as loans were disbursed in old notes and they...
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Smart Water Management -Mihir Shah
-Business Today If you want to really get smart with water, the first thing you should realise is that in most parts of India, water is abundantly available. But you also need to recall what a man named Mohandas Karamchand Gandhi had once said: "There is enough in this world for everyone's need, but not for anyone's greed". Today, what Gandhiji advised is being termed a "paradigm shift" in water management. The...
More »Distress among Paddy Farmers in a Village of Azamgarh (Uttar Pradesh): Pre & Post Demonetisation -Santosh Verma
-Vikalp The paddy cropping and harvesting season has been concluded and the Rabi crops (mainly wheat) is seeded into the vast agricultural plains of Eastern Uttar Pradesh. The region is known to be highly dependent upon agriculture for livelihood and food security, but it is also known as one of the economically backward-regions of the country. The persistent negligence by the government to develop a mechanised crop procurement system (through Food...
More »'Ruined': Farmers hit as vegetable prices come crashing down after demonetisation -Chetan Chauhan
-Hindustan Times The government’s decision to scrap high-value currency has sent wholesale vegetable prices crashing to rock-bottom levels, bringing misery to millions of farmers hoping for good returns for their produce after two successive drought years. Onions sold for just Re 1 per kilogram in wholesale markets at Madhya Pradesh’s Neemuch and Mandsaur this week while tomatoes cost less than Rs 2 per kg in Andhra Pradesh and Chandigarh. A kilogram of cauliflower...
More »Demonetisation managers incapable, breaking my head over it: Ally Chandrababu Naidu -Sreenivas Janyala
-The Indian Express Naidu had earlier praised Prime Minister Narendra Modi for demonetising Rs 500 and Rs 1,000 notes, even taking credit for the decision. Hyderabad: ANDHRA PRADESH Chief Minister Chandrababu Naidu, who was among the first to welcome the Centre’s demonetisation decision, did a turnaround on Tuesday, saying it was “not what we wished for” and pointed out that there was no solution in sight even after “more than 40 days”. Naidu...
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