-The Hindu ‘Ensures transparency, checks misuse’ Electoral bonds have been introduced to promote transparency in funding and donation received by political parties, the government told the Supreme Court on Thursday. “They [bonds] can be encashed by an eligible political party only through their accounts with authorised banks. The bonds do not have the name of the donor or the receiving political party and only carry unique hidden alphanumeric serial numbers as an in-built...
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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators
Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...
More »Maharashtra asks banks not to divert PM-Kisan money to farmers' loan accounts -Radheshyam Jadhav
-The Hindu Business Line Pune: Noticing that some banks had diverted the first instalment of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme to farmers’ loan accounts, the Maharashtra government has instructed banks to return the money to farmers. Speaking to BusinessLine, Maharashtra’s Commissioner of Agriculture, Suhas Diwase, said that banks that had diverted the PM-Kisan instalment to farmers’ loan accounts have reversed the transactions after the government’s instructions: “There are strict instructions...
More »Aadhaar seeding exempted for next PM-Kisan instalment too
-The Hindu Business Line The Union Cabinet has relaxed a condition that requires small and marginal farmers to seed their Aadhaar numbers with their Bank Accounts for getting the second instalment of payments under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme. While clearing the scheme on February 1, the government had made it mandatory for farmers with less than 2 hectares of land to get Aadhaar seeding done for the second...
More »PM-Kisan instalment paid, then withdrawn from accounts, complain Maharastra farmers -Radheshyam Jadhav
-The Hindu Business Line Pune: On Sunday after Prime Minister Narendra Modi launched the ambitious Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme, transferring the first instalment of Rs.2,000 each to over one crore beneficiaries, Ashok Lahamage received an SMS from State Bank of India’s Sinnar (Nashik) branch, stating that Rs.2,000 had been deposited into his account. But, to his surprise, he received another text message from the bank a few hours...
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