-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the massive loan was given at an interest of 0.1%, to be paid back in...
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Why Are Banks Deducting Money From Farmers' Accounts Without Permission? -Nitika Kakkar and Deepak Vaishnav
-TheWire.in Banks are deducting ‘crop insurance premiums’ from farmers’ current accounts without their knowledge. In the Bhivani district of Haryana, a 49-year-old farmer, Bansi Lal, complained that Rs 2,480 was deducted from an account that was linked to his Kissan Credit Card (KCC), without his knowledge. Upon enquiry, the bank informed him that the money was deducted under the Pradhan Mantri Fasal Bima Yojna (PMFBY). But when he told the bank that...
More »How land use affects climate change -Sujatha Byravan
-The Hindu The interaction between people and land is as old as human evolution. When early hunter-gatherers started to settle down in the Neolithic transition and practise agriculture, they began to change their relationship with land in a major way. Starting with the Holocene, approximately 11,500 years ago, many plants were domesticated for agriculture. These and the associated social and technological changes led to dense human settlements that then paved the...
More »Stories of notebandi -Satish Deshpande
-The Hindu Anger and frustration dominate discussions on demonetisation at a jan sunwai in Beawar, Rajasthan About five-six hundred people are crowded in and around a small shamiana-covered triangle, like the apex of the letter A. The two arms of the A are busy streets typical of small-town India, a press of pedestrians and two-wheelers punctuated with foraging cows, goats and impatient Cars and tempos. Including the shopkeepers and hangers-on across the...
More »Delhi Police spent Rs 300 crore on hiring Cars instead of buying. But why? -Varun Bidhuri
-India Today Mail Today has a copy of the RTI documents that show Delhi Police paid Rs295.66 crore to Jay Pee and Co and Rs 37.22 cr in the form of rent to other companies for using buses, mini buses New Delhi: When it comes to renting vehicles, Delhi Police apparently doesn't drive a hard bargain. The department's data show it spent Rs300 crore on hiring 400 Cars in six years...
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