-Livemint.com Thanks to the debt relief commission, 11,354 Kerala farmers have benefited from a disbursement of over ?11 crore, and there are no farmer suicides in the state Ernakulam/ Bengaluru: Back in 2006, Kerala came face to face with an explosive situation. Ironically in a state dominated by Communist politicians, farming was dominated by export-oriented cash crops such as rubber and pepper, prices of which had plunged in the global market. It...
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Who is Agnes Kharshiing? -Rahul Karmakar
-The Hindu On November 8, Meghalaya’s Agnes Kharshiing and her associate Amita Sangma became the latest among 18 Right to Information activists in the northeastern region to have been either killed or assaulted or harassed. They were — as the police said — assaulted by a group of criminals at Tuber Sohshrieh in the coal- and limestone-rich East Jaintia Hills district. The spot where they were waylaid is not far from...
More »RBI data counters RBI claim: Credit to small firms shrinks -Sandeep Singh
-The Indian Express On October 30, at the meeting of the Financial Stability and Development Council chaired by Jaitley and attended by Urjit Patel among others, the central bank is learnt to have downplayed the issue of liquidity crunch. While the Reserve Bank of India said two weeks ago that there is no sign of a liquidity crunch, its own latest data shows that banks’ credit outstanding to the Micro, Small and...
More »Reconsider decision to suspend rice mill operation: Exporters' body
-The Hindu Business Line New Delhi: All India Rice Exporters Association (AIREA) on Sunday requested the Environmental Pollution (Prevention and Control) Authority to reconsider the plan to extend the ban on rice mill operations in the National Capital Region (NCR) till Monday. “Due to the current restriction coinciding with peak paddy procurement season, all the paddy is lying in mandies and shellers, at high moisture and is only going to affect adversely...
More »Explained: How 100 frauds hit banks -Rahul Tripathi
-The Indian Express CVC report analyses 100 major frauds on public sector banks, committed by borrowers from 13 sectors. Among them, an aviation firm that got loans based on its brand name in spite of a poor credit rating; and jewellers who allegedly inflated value of diamonds and submitted fake details on debtors. New Delhi: The Central Vigilance Commission (CVC) recently came out with a report that analyses the top 100 bank...
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