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A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee

-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...

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Farm to Plate: How safe is your food? -Priyamvada Kowshik

-India Today "The butterflies will show you the way to the farm." Farmer Sunil Gupta is not talking of mythical butterflies that will appear to guide me to the organic farm I am trying to locate amidst swathes of farmland, some lush with the standing paddy, some damaged in parts from last week's strong winds, others dotted with vegetable patches or freshly ploughed for the next crop. Can one tell an organic...

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MUDRA Bank launched by PM Modi, increases farmer’s compensation

-Tehelka Prime Minister announced increase in quantum of compensation for crop damage to affected farmers by 50 per cent. Showering a bright hope to small entrepreneur, Prime Minister Narendra Modi launched MUDRA (Micro Units Development and Refinance Agency) bank under the Pradhan Mantri Jan Dhan Yojana which will provide credit up to 10 lakh to small entrepreneur and act as a regulator for ‘Micro-Finance Institutions' (MFIs). The prime minister also announced increase in...

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PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs

-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...

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Protecting the small farmer -Ananth Gudipati

-The Hindu Reviving the Farm Income Insurance Scheme could be the best tool for small and marginal farmers to fight falling prices in an increasingly globalised marketplace. Data from the recently held National Sample Survey Organisation (NSSO) survey show that close to 60 per cent of rural households are dependent on agriculture for their livelihood. More than half of them are at risk of defaulting on their debts with either Banks or...

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