-The Indian Express The Union cabinet lacks a champion for agriculture Policymakers in the corridors of power in Delhi are feeling upbeat. There is recovery and resurgence in India’s stockmarkets. The Make in India campaign is getting more publicity and being noticed by foreign investors. FDI inflows are improving, and India’s ranking in the Ease of Doing Business index seems to be improving, as per some selective ratings. But agriculture, where almost half...
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Textiles Ministry alleges large-scale import of cheap jute bags -Devesh K Pandey
-The Hindu Cheap imported bags are sold as Indian to government agencies for a higher procurement price. The Union Textiles Ministry has unearthed a major racket in large-scale import of cheap jute bags from Nepal and Bangladesh by Indian manufacturers, many of whom were supplying these to government agencies after putting their own seals. The Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987, mandates that jute bags supplied to government agencies...
More »Cash crops cost Telangana, Andhra Pradesh farmers dear -Shruti Sarma
-Business Standard Thirty-two farmers have committed suicide in the past three weeks in the Anantapur district of Andhra Pradesh. Since its birth as a new state, Telangana has recorded 1,269 suicides. Hyderabad: The Hyderabad-based Centre for Sustainable Agriculture (CSA), estimates farmer suicides in Andhra Pradesh in the past 20 years (1995-2014) at 38,000. Experts and policymakers are convinced the two states are facing prolonged farm distress. Suicide by farmers unable to handle crop...
More »Karnataka waives interest on crop Loans, announces relief package
-PTI The govt would also increase monthly widow pension from Rs 500 to Rs 2,000 in the families of farmers who had committed suicide Haveri (Karnataka): Providing succour to distressed farmers, the Karnataka government today announced waiver of interest and penal interest on crop Loans from cooperative banks for the current fiscal and hike in compensation from Rs 2 lakh to Rs 5 lakh to families of farmers who had committed suicide. The...
More »Banks killed road sector: official -TCA Sharad Raghavan
-The Hindu Bubble createdby them resulted in high NPAs Banks caused a bubble, failed to do due diligence and lent more than what was warranted to developers, and this has led to the high Non-Performing Assets (NPA) arising out of the road sector, Road Secretary Vijay Chhibber told The Hindu in an exclusive interview on Wednesday. “The banks have killed the road sector,” he said. “There was a bubble because the banks would...
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