-The Hindu Business Line Bengaluru: Farmers in Karnataka, like their counterparts in other states who have been impacted by the drop in prices and cash shortage triggered by demonetisation, have another problem to contend with — crop loss on account of the failure of rains. It has been a kind of a triple whammy for farmers in the region. Besides being forced to reap a lower kharif output on account of a...
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Lens on co-operative banks as I-T sleuths find laundering role -Pradeep Thakur & Prabhakar Sinha
-The Times of India NEW DELHI: Investigations by the income tax department have found that a large number of cooperative banks have been manipulating and laundering unaccounted money post demonetisation of high denomination currency notes of Rs 1000 and Rs 500 on November 8. As the department's findings suggest a general absence of requisite regulatory oversight over cooperative banks across the country, the government feels the need for a strong regulatory framework. An...
More »'Non-profitable' agriculture shrinking fast in hill villages
-Hindustan Times Dehradun: Digamber Negi, 37-year-old farmer in picturesque Doon Dwara village on the border of Dehradun-Tehri Garhwal districts, is cursing his fate after monkeys barged into his field a week ago and destroyed vegetable crop. Like Negi, several other villagers have similar plight to share. The village has a population of 320 people and they are dependent only on agriculture. Villagers complain that in the past one decade or so, attacks by...
More »Notebandi takes the sauce out of Nashik's tomatoes -Aniket Aga & Chitrangada Choudhury
-RuralIndiaOnline.org Farmers in Maharashtra’s Nashik district – where one in every four tomatoes in India comes from – are destroying standing crops on a scale never seen before, following persistent rock-bottom prices since the November 8 demonetisation On Christmas morning, barely 24 hours after Prime Minister Narendra Modi laid the foundation of the Rs. 3,600 crore Shivaji statue in Mumbai, Yashwant and Hirabai Bendkule were slashing and uprooting the tomato vines on...
More »Raipur farmers give away 1 lakh kilos of vegetables for free in protest against demonetisation
-Scroll.in The Kisan Sangh demanded that the government waive the interest on their farm loans for the current season. Farmers in Chhattisgarh’s Raipur district gave away their vegetables for free on Monday to protest against the impact of demonetisation on their businesses, PTI reported. Nearly 30,000 citizens queued up in the Dharna Sthal area as over 1 lakh kg of vegetables were handed out, PTI reported. Vegetables prices have gone down drastically in...
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