-The Hindu Thiruvananthapuram (Kerala): The government is considering a proposal to exempt stamp duty on agricultural Loans issued by commercial banks. Finance Minister K.M. Mani told a meeting of the State Level Bankers Committee (SLBC) here on Monday that a decision on the issue would be taken soon after assessing the financial implications. Pointing to the substantial share of commercial banks in primary sector credit, the last meeting of the SLBC had...

-The Times of India NEW DELHI: Almost two out of every five large projects in the country are held up due to absence of clearance by the ministry of environment and forests, putting pressure on the government to remove green roadblocks. According to ministry-wise data compiled by the government for projects worth over Rs 1,000 crore, nearly 38% are related to MoEF, which many view as the most powerful inspector, followed by...

-The Hindu Puducherry: Revenue officials from Puducherry rescued 10 persons, including a child, of the Irula community who were employed as bonded labourers in a sugarcane farm in Andhra Pradesh. Senthamilselvan, Bhaskar, Jayamoorthy, Valarmathi, Azhagar, Shekar, Shaktivel, Rani, Kalyani and 5-year-old Vijay, all from Earipakkam near Bahour in Puducherry, were employed in a sugarcane field in Illathur in Andhra Pradesh. Speaking to The Hindu, District Collector S.B. Deepak Kumar said the issue came...

-The Indian Express On the surface, the sugar crisis in Uttar Pradesh may seem to be inching closer to a resolution. But cane farmers may have unwittingly mortgaged their land, signing up for crop Loans from public sector banks, with the money so raised being used by the mills to pay arrears of a different set of farmers. This model, of mills rotating working capital Loans from banks, to deliver pending payouts...

-Outlook Patna: The Bihar government would bear the interest rate above 7 per cent on Loans taken by Self Help Groups (SHGs), Chief Minister Nitish Kumar said today. The SHGs paying loan on time would be given incentive by providing loan at a lower interest rate of 4 per cent, Kumar said addressing a review meeting of "Jeevika" (Bihar state rural livelihood mission) here. Banks are at present providing loan to SHGs at...