-PTI NEW DELHI: In a bid to provide relief to farmers hit by cash crunch, the government today gave them an additional two months to repay their crop loans due in November-December period and said that prompt repayment would be eligible for the extra 3 per cent interest subsidy. Under the interest subvention scheme, farmers get the short-term crop loan of up to Rs 3 lakh for one year at an interest...
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40% contractual staff jobless in Noida
-The Times of India NOIDA: More than 40% of contractual workers have been laid off from Noida's garment industry in the past 40 days after demonetisation was announced. Gautam Budh Nagar district labour department and workers' associations confirmed that while many garment export and manufacturing units have started pulling down shutters, many people who work on a contractual basis have been rendered jobless. Noida has 1,800 garment manufacturing and export units. Of...
More »The man who slaked India's thirst -Joydeep Gupta
-TheThirdPole.net Anupam Mishra, who spent three decades fighting for rejuvenation of India’s traditional water harvesting systems, died on December 19 If many of India’s ponds, wells, stepwells, springs, check dams and other traditional water harvesting systems are still in working order today, if at least a few of India’s rivers have been revived, much of the credit must go to Anupam Mishra. Through reportage, analysis and advocacy sustained over three decades, this...
More »Cash goalpost is changed, again -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The RBI has said deposits of demonetised notes with a value of over Rs 5,000 would be allowed just once in a bank account between now and December 30. The announcement not only lengthened the list of abrupt changes enforced since the note recall was announced on November 8 but also fuelled suspicion that the government is trying to dissuade people from depositing demonetised notes. The value of such...
More »Dialectics Of Authoritarianism: Transition From The People To The Leader -Prabhat Patnaik
-TheCitizen.in NEW DELHI: We are seeing in India at present a remarkable inversion of reason. The more the common people suffer from the impact of Prime Minister Narendra Modi’s demonetization, the more he is lauded for the “courage” shown by him in undertaking it. An economic measure should be, and normally is, judged on the basis of how it benefits the people, and any measure that brings distress to the people is derided...
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