-The Hindu A reasonable aim of 1,500 MT of coal production by 2022 and a calibrated renewable energy push should enable reaching ambitious targets. Prime Minister Narendra Modi’s style is to set ambitious targets with impossible-looking deadlines. Perhaps he is inspired by a Gujarati poet who said, “Nishaan chuk maaf, nahi neechu nishaan” (missing the target can be forgiven, setting a low target cannot). This challenges his colleagues and staff to accomplish...
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30% ATMs of PSUs non-functional due to snags, no cash: RBI survey
-PTI New Delhi: An RBI survey has found that 30% ATMs of public sector banks and 10% belonging to private banks were non-functional due to technical snags and no cash, among other reasons. In a written reply to the Lok Sabha, minister of state for finance Santosh Kumar Gangwar said RBI has informed that it recently conducted a “representative sample survey” of about 4,000 ATMs situated in metro, semi-urban, urban and rural...
More »Reaping distress -Jayati Ghosh
-Frontline The inability to resolve pressing problems with respect to the production, distribution and availability of food is one of the important failures of the entire economic reform process. IN the fateful month of July 1991, when the devaluation of the Indian rupee presaged the introduction of a whole series of liberalising economic reforms, agriculture was very far from the minds of most policymakers and commentators. The immediate focus was on...
More »The bitter tales of Shamli’s sugarcane farmers: ‘Netas talk palayan (exodus), our issue bhugtan (payment)’ -Harish Damodaran
-The Indian Express Even though Shamli tops in sugarcane production, there is nearly Rs 300 crore dues for district farmers. Shamli/ Kairana: Mohkam Singh supplied 22 buffalo carts of cane, each laden with 18 quintals, to the sugar mill at Shamli belonging to Sir Shadi Lal Enterprises Ltd in the 2015-16 crushing season. These 400 quintals should have fetched about Rs 1.12 lakh at the Uttar Pradesh government’s state advised price (SAP)...
More »Maharashtra: Doubts loom over bank loans, may hit over three lakh farmers -Partha Sarathi Biswas
-The Indian Express The Maharashtra Gramin Bank has written to the district collectors of eight districts expressing inability to disburse crop loans for the upcoming kharif season. Mumbai: The prediction of a good monsoon may not be enough to bring cheers to farmers of Marathwada, as questions are being raised over disbursement of crop loans in the region. The Maharashtra Gramin Bank has written to the district collectors of eight districts...
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