-PTI New Delhi: Heads of 11-state owned banks will apprise a parliamentary committee about the problems of mounting bad loans and increasing fraud cases on Tuesday, sources said. They will be appearing before the Standing Committee on Finance, headed by veteran Congress leader M Veerappa Moily, which is looking into ‘Banking Sector in India- Issues, Challenges and the Way Forward, including Non- Performing Assets/ Stressed Assets in Banks/Financial Institutions’. Top officials of IDBI...
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Not all milk and honey -Ashok Gulati & Ritika Juneja
-The Indian Express Only 21 per cent of India’s milk production gets processed through the organised sector and the rest passes through unorganised small players. And that’s where the crisis is most intense. Farmers, who had high expectations from the Narendra Modi government, are a disillusioned lot today. Market prices of several crops have remained well below their minimum support prices (MSPs). Moreover, milk prices have fallen by 20 per cent...
More »A crop revolution -Anupama Katakam
-Frontline.in The women-led climate-resilient farming model created by Swayam Shikshan Prayog in drought-hit Marathwada has yielded encouraging results and is worthy of emulation across the country. “LOOK at our quinoa. It has grown so well,” says a beaming Shailaja Narwade from Masia village near Solapur in interior Maharashtra. Shailaja has planted the traditional South American plant not for consumption but in order to harvest its seeds. “Quinoa seeds are very valuable...
More »Premium delayed, farmer denied -Ashok Gulati & Siraj Hussain
-The Indian Express Pradhan Mantri Fasal Bima Yojana does not inspire confidence of farmers. They have to wait for months, sometimes years to get compensation. This article is the second in the series assessing the performance of the BJP-led NDA government at the Centre in the agri-food space over the last four years. The first one appeared in this newspaper on May 2 (IE, ‘Four years of neglecting farmers’). Here we look...
More »PMFBY reaping the failure sown by states -Ashok Gulati
-Financial Express The PMFBY involves farmers, banks, state and central government, insurance companies and re-insurers. This article is second in the series to assess performance of BJP-led NDA government at the Centre in agri-food space over the last four years. The first one appeared in this paper on April 30 (goo.gl/AGnEaJ).Here, we look at BJP’s promise in its manifesto, namely, “implement a farm insurance scheme to take care of crop loss”....
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