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Demonetisation: NHAI to pay Rs 922 crore for toll loss -Dipak K Dash

-The Times of India NEW DELHI: The National Highways Authority of India (NHAI) will shell out Rs 922 crore to private highway operators for the toll revenue loss they incurred due to suspension of user charge collection from the afternoon of November 9 to the midnight of December 2. Toll collection was suspended across all national highways in the country following demonetisation of Rs 500 and Rs 1,000 currency notes on November...

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Official data exposes Centre's inflated claims on success of agriculture insurance scheme -Jitendra

-Down to Earth The number of non-loanee farmers opting for insurance reached 9.7 million in kharif season of 2016 as against 9.8 million in the same period in 2015    On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in 2016. According to the press release, “There has been a quantum jump of more than six times...

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Do not want politics to shift to courts: Supreme Court

-PTI New Delhi: "We do not want politics to shift to the courts," the Supreme Court observed on Thursday while hearing arguments on whether a political party can file and pursue a public interest litigation (PIL). "The apprehension is that this will shift politics to the courts. We do not want this. We do not want politics to shift to the courts," a bench of Justices Madan B Lokur and N V...

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Farmers get 60 days more to repay crop loans due in November-December

-PTI NEW DELHI: In a bid to provide relief to farmers hit by cash crunch, the government today gave them an additional two months to repay their crop loans due in November-December period and said that prompt repayment would be eligible for the extra 3 per cent interest subsidy. Under the interest subvention scheme, farmers get the short-term crop loan of up to Rs 3 lakh for one year at an interest...

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Farm labour barter beats cash crunch -Manoj Kar

-The Telegraph Paradip: For Jugal Kishore Lenka, a marginal farmer from Goda village in Erasama block of Jagatsinghpur district, badalia, the once popular system of exchange of labour, has come as a big relief. Cash strapped by demonetisation, he was worried about labour payments for harvesting his paddy. Now, he has entered into a badalia arrangement with fellow farmer Sudam Sahu, who is also looking for labour for paddy harvesting. They can now exchange...

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