-TheWire.in The Rs 6,000 announced by the prime minister as universal maternity entitlements is already mandated under the National Food Security Act 2013, although the government has chosen not to implement it yet. New Delhi: In his New Year’s Eve address to nation, Prime Minister Narendra Modi made some bizarre claims about the nature of the economy and the use of black money. But a large chunk of his speech was focused...
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Usurers cash in as bank loans to farmers dry up -Bhavika Jain
-The Times of India MUMBAI: Demonetisation seems to have helped private moneylenders in Maharashtra. Of the Rs 13,558 crore of loans required for the rabi season, banks could disburse only about Rs 2,400 crore (18%), due to shortage of cash. Besides, there are restrictions on district cooperative banks (DCCBs). Officials said the crisis gave moneylenders an opportunity to get rid of defunct notes as loans were disbursed in old notes and they...
More »In 8 months, free LPG cylinders to 1.5 crore poor homes
-The Times of India NEW DELHI: The government has given out cooking gas connections free of cost to 1.5 crore poor households under the 'Ujjwala' scheme, achieving the target set for the 2016-17 financial year in eight months on the back of a massive outreach in rural areas. The scheme was launched on May 1 by PM Narendra Modi at a rally in UP's Ballia district. The scheme envisages providing LPG connection...
More »Arhar prices fall below MSP after bumper crop -Sayantan Bera
-Livemint.com Prices may dip further once the harvest from Maharashtra, Gujarat and Madhya Pradesh hits markets in January New Delhi: After moong, prices of arhar, a major rain-fed kharif crop, have plunged below support prices in major growing states such as Karnataka and Andhra Pradesh where the crop has reached markets. The dip in wholesale prices follows a record crop due to a normal south-west monsoon and farmers increasing its acreage, taking a...
More »Arhar pinches, this time for farmers! -Harish Damodaran
-The Indian Express For farmers, the main source of their woes is a bumper crop. If 2015 was the year of arhar (pigeon-pea) – retail prices of the milled dal scaled Rs 180-200 per kg levels in October and contributed hugely to the Bharatiya Janata Party’s defeat in the Bihar Assembly polls – 2016 is set to close with the humble legume virtually disappearing from the public radar. The new crop, which has...
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