-Down to Earth 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood. As millets are adapted to grow in dry and arid regions, they attract big businesses and companies in times when climate change is making cultivation of other cereals difficult. But...
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Centre has withheld Rs 7,500 crore in MGNREGA funds to West Bengal for a year, claims report -Shagun
-Down to Earth MGNREGA workers in Bengal not paid wages of Rs 2744 crore for a year, report by Libtech India found The central government has withheld release of Rs 7,500 crore in MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) funds to West Bengal for a year now over “non-compliance of central government directives”, a report released on December 26, 2022 claimed. A whopping Rs 2,744 crore of the Rs 7,500...
More »MGNREGA workers in West Bengal have not received wages since December 26, 2021
-Press release by NREGA Sangharsh Morcha dated December 26, 2022 * Centre withheld over Rs. 7,500 cr funds, Rs. 2,744 cr due to NREGA workers * Centre hasn’t sanctioned labour budget for 2022-23 * Loss of around Rs. 3,891-Rs. 6,046 crores of NREGA wages this FY due to stoppage of work * Average days of work for the current year dropped to meagre 23 from 63.46 days (pre-covid) and 49.96 days (post-covid) Victimisation of workers: MGNREGA...
More »RBI reluctant to hand out NBFC LICence to fintechs -Hamsini Karthik
-The Hindu Business Line PhonePe - ZestMoney deal to set precedence for fintechs to explore backdoor entry into the lending business Despite three months of engagement and continued discussions with the banking regulator, fintechs may not have cracked the code yet to operate as non-bank lenders. Highly placed sources say the Reserve Bank of India is reluctant to issue non-bank finance company or NBFC LICences to fintechs. PhonePe, Razorpay, BharatPe, Khatabook, OkCredit and...
More »India’s first private agri mandi set to come up with world-class infrastructure -Radhehyam Jadhav
-The Hindu Business Line With LICence in hand, Sahaydri FPC will set up the market near Nashik in 3 months A 100-acre dedicated market space integrated with world-class infrastructure, services from banking to storage, processing, and packaging under one roof, options for offline and online trading, legalisation of field trade, and ownership of farmers. These are some of the planned features of the private agriculture market initiated by Sahyadri Farmer Producer Company...
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