-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »SEARCH RESULT
Total Matching Records found : 284
Consensus eludes meet on urea subsidy -Puja Mehra
-The Hindu At present, the subsidy is paid to urea producers and importers, not farmers. Consensus continues to elude the Centre on the politically sensitive reform of the urea sector, where it has accumulated an unpaid subsidy bill of Rs. 40,000 crore. Prime Minister Narendra Modi presided over a meeting of senior Ministers and officials last Tuesday, which discussed if the subsidy could be provided directly to farmers through the direct benefit transfer...
More »Super rich defaulters push Indian banks towards collapse
-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs. It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...
More »Cabinet likely to give nod to real-time fund transfer for MGNREGA -Jitendra
-Down to Earth This decision is expected to address the delay in transfer of funds from the Centre to states A decision to transfer funds for India’s flagship employment guarantee scheme in real time will be taken soon. This is expected to end the procedural delay in fund transfer for the scheme to states, a factor known to be behind its poor implementation. It will enable states to get their share of...
More »FAO Report: Globalisation Has Hit Fisherwomen Badly
-The New Indian Express KOCHI: Globalisation and its appetite for cheap input have badly affected fisherwomen who are already grossly underpaid when compared to men in the sector or are unpaid, a report of the Food and Agriculture Organisation (FAO) of the United Nations, published on Tuesday has observed. In the sector, with its still prevalent Old Boys’ Club behaviour, globalisation benefited some people from new emerging work and business opportunities, but...
More »
