-The Statesman The central government needs to clear pending funds, worth Rs 2,600 crore, and as per the MGNREGA Act, pay compensation of 0.05 per cent on daily wages. With the alleged lack of jobs and wages for MGNREGA workers in three districts of West Bengal, the Paschim Banga Khet Mazdoor Samity (PBKMS), based on the report of a fact-finding committee, has warned that these workers are facing an acute food security...

-The Tribune While many of the big defaulters have escaped abroad, why is it invariably a farmer (or a small borrower) who is left to face ill-treatment and injustice in the loan recovery process? While the big defaulters are treated with kid gloves, farmers are always treated with a different yardstick, as if they are children of a lesser god. WHILE the Punjab State Cooperative Agricultural Development Bank (PADB) has issued arrest...

-The Hindu Business Line A host of initiatives in the Budget should make the sector vibrant Budget 2022 seeks to double farmers’ income by building a robust system that enables easier access to finance, the marketplace and new-age technology. The government has allocated a sizeable amount for rural infrastructure development. This will help farmers get better access to the marketplace National Federation of State Co-operative Banks (NAFSCOB) data of 2019-20 shows that around...

-The Hindu Business Line Red flags about some inconsistencies and the resulting legal inefficacy of normative provisions of the Act Former Union Agriculture Minister and NCP supremo Sharad Pawar met Prime Minister Narendra Modi here on Saturday to raise his apprehensions about the formation of Cooperation Ministry and the amendments in Banking Regulation Act. Pawar urged Modi to ensure that the co-operative principles laid down in the Constitution should not be sacrificed at...

-The Hindu Chief Minister B.S. Yediyurappa will make the announcement soon, says Co-operation Minister S.T. Somashekar Bengaluru: Co-operation Minister S.T. Somashekar on July 14 said the government would soon announce a waiver of ₹79.47 crore in farm loans borrowed by 10,187 farmers in Karnataka who succumbed to COVID-19. Loans borrowed from apex, district credit Cooperative Banks and primary agricultural cooperative societies (PACS) would be waived. Chief Minister B.S. Yediyurappa would formally announce the...