-Down to Earth The number of non-loanee farmers opting for insurance reached 9.7 million in kharif season of 2016 as against 9.8 million in the same period in 2015 On December 7, the Union Ministry of Agriculture press release claimed that that the Pradhan Mantri Fasal Bima Yojana (PMFBY) has made impressive progress in 2016. According to the press release, “There has been a quantum jump of more than six times...
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Ten years after Sachar Report -Zeeshan Shaikh
-The Indian Express There’s been no major change in the condition of India’s Muslims. Here are the numbers On November 30, 2006, the 403-page report of the Sachar Committee, on the social, economic and educational condition of Muslims in India, was tabled in Parliament. The Committee, headed by former Chief Justice of Delhi High Court Rajinder Sachar, was set up soon after the UPA 1 government took over, and it submitted its...
More »RBI Rejects RTI Request for Minutes of Demonetisation Decision -Gaurav Vivek Bhatnagar
-TheWire.in The official line seems to be, ‘Show me your money but I won’t show you my records’. New Delhi: While the Reserve Bank of India has been forthcoming in placing on its website the minutes of meetings of all committees that provide it with advice, an RTI activist has accused it of deliberately withholding information on the recent demonetisation exercise. Seen against the backdrop of a top finance ministry official –...
More »'Ruined': Farmers hit as vegetable prices come crashing down after demonetisation -Chetan Chauhan
-Hindustan Times The government’s decision to scrap high-value currency has sent wholesale vegetable prices crashing to rock-bottom levels, bringing misery to millions of farmers hoping for good returns for their produce after two successive drought years. Onions sold for just Re 1 per kilogram in wholesale markets at Madhya Pradesh’s Neemuch and Mandsaur this week while tomatoes cost less than Rs 2 per kg in Andhra Pradesh and Chandigarh. A kilogram of cauliflower...
More »RBI says ban on Rs 1000, Rs 500 notes proposed hours before PM's speech -Aloke Tikku
-Hindustan Times New Delhi: The Reserve Bank of India (RBI) recommended demonetisation of 500- and 1,000-rupee banknotes hours before Prime Minister Narendra Modi announced the surprise move in a televised address to the nation in the evening of November 8. The government and the RBI have kept the consultation process that led to the decision to demonetise 86% of India’s cash in circulation a closely-guarded secret. Both, however, have insisted that the...
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