-The Hindu Business Line Shares of Monsanto India Ltd climb as much as to Rs 2,669, their highest since Sept. 26 The Supreme Court on Tuesday allowed Monsanto Technology to claim patent on its genetically-modified cotton seeds, giving a boost to firms developing new seed technologies. The ruling overturned an order of a Division Bench of the Delhi High Court last year which invalidated the patent granted to Monsanto — acquired by German...
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Why small, marginal farmers get just 40% of total agri credit -Rajalakshmi Nirmal
-The Hindu Business Line Loan waivers have made banks wary of them; beneficiaries are farm infra/services firms Every year the Centre announces an increase in the agri credit limit, but not even half of this reaches small farmers. Small farmers typically take small loans — of less than Rs. 2 lakh. RBI data show that in FY17, the share of loans of Rs. 2 lakh or less was just 40 per cent of...
More »The reality of rural electrification in India -Nikita Kwatra
-Livemint.com While there has been progress in providing electricity to rural households, there have been no real efforts to improve the quality of power supply Delivering electricity to nearly every village in India has been one of the most celebrated achievements of the Narendra Modi government. However, a study by Sreekumar Nhalur and others published in the latest Economic and Political Weekly suggests it may be too soon to celebrate. The authors argue...
More »Agri input firms worry as dry spell looms large -TV Jayan
-The Hindu Business Line Many regions saw rain deficits; Maharashtra, Karnataka have already declared a drought New Delhi: Even though many States have declared a drought-like situation in some pockets of their respective territories, agricultural input companies are putting up a brave fight saying the situation is not all that bad and hoping it would have little impact on their bottomlines. While the Met department, in its end-of-season report, said the country as...
More »Firms earned Rs 15,795 crore in 2 years of Fasal Bima Yojana -Deepender Deswal
-Tribune News Service RTI reply indicates 1.5 times jump in profit of insurers in a year Hisar: Insurance companies across the country earned a whopping Rs 15,795 crore as profit in two years from the Pradhan Mantri Fasal Bima Yojana (PMFBY), according to a reply received under the Right to Information Act. While the farmers’ wait for increase in income continues, the profit of insurance firms increased by one-and-a-half times in just one...
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