-Livemint.com Banks in Maharashtra have issued only 22% of the kharif season lending target of Rs43,342 crore till 27 June, said an official at the state department of cooperation Mumbai: Farm discontent is raising its head in Maharashtra yet again as banks remain tight-fisted on crop loans at the beginning of the sowing season, cancelling out the benefits of last year’s mega loan waiver. Banks in Maharashtra have issued only 22% of the...
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After Maharashtra, AIKS planning farmers' long march in Delhi
-PTI NEW DELHI: After the "successful long march" of farmers in Maharashtra, the All India Kisan Sabha (AIKS) is now planning to hold a similar rally in the national capital to demand a special session of Parliament to discuss agrarian crisis. In a meeting of the central office-bearers of the AIKS in Delhi today, the farmers' organisation said such a move was necessary to make the government aware of the plights of...
More »NABARD figures misleading: Gujarat DCCBs collected highest average banned notes -Quaid Najmi
-National Herald/ IANS The National Bank for Agiculture & Rural Development (NABARD) had said in a statement on Friday, June 22 that demonetised ?500 and ?1,000 notes presented to district cooperative central banks (DCCBs) in Maharashtra were higher than those deposited in Gujarat, followed by Kerala. This statement, in essence, may be misleading. According to RTI information secured by Mumbai activist Manoranjan S Roy, Maharashtra's 30 DCCBs (out of total 370) secured...
More »An unequal platter -Soumitra Ghosh & Sarika Varekar
-The Hindu It is time the government finds a sustainable solution to the malnutrition crisis Development is about expanding the capabilities of the disadvantaged, thereby improving their overall quality of life. Based on this understanding, Maharashtra, one of India’s richest States, is a classic case of a lack of development which is seen in its unacceptably high level of malnutrition among children in the tribal belts. While the State’s per capita income...
More »Heads of 11-PSBs to appear before the Standing Committee on Finance on Tuesday
-PTI New Delhi: Heads of 11-state owned banks will apprise a parliamentary committee about the problems of mounting bad loans and increasing fraud cases on Tuesday, sources said. They will be appearing before the Standing Committee on Finance, headed by veteran Congress leader M Veerappa Moily, which is looking into ‘Banking Sector in India- Issues, Challenges and the Way Forward, including Non- Performing Assets/ Stressed Assets in Banks/Financial Institutions’. Top officials of IDBI...
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