-Newsclick.in New GDP numbers show the deep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quarter (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year...

-The Hindu Business Line Pune: Noticing that some banks had diverted the first instalment of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme to Farmers’ loan accounts, the Maharashtra government has instructed banks to return the money to Farmers. Speaking to BusinessLine, Maharashtra’s Commissioner of Agriculture, Suhas Diwase, said that banks that had diverted the PM-Kisan instalment to Farmers’ loan accounts have reversed the transactions after the government’s instructions: “There are strict instructions...

-The Hindu Business Line The Union Cabinet has relaxed a condition that requires small and marginal Farmers to seed their Aadhaar numbers with their bank accounts for getting the second instalment of payments under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme. While clearing the scheme on February 1, the government had made it mandatory for Farmers with less than 2 hectares of land to get Aadhaar seeding done for the second...

-The Indian Express The state has reported 13.13 lakh hectare of chana acreage as compared to 19.77 lakh hectare last year. The acreage had come down this year due to moisture stress from the drought. Pune: Gram growers in the drought-hit district of Marathwada are facing reduced yield and low prices. Low demand and offloading stock by government agencies have dimmed the prices of good realisation for Farmers this year. Farmers in...

-The Hindu Business Line Pune: On Sunday after Prime Minister Narendra Modi launched the ambitious Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme, transferring the first instalment of Rs.2,000 each to over one crore beneficiaries, Ashok Lahamage received an SMS from State Bank of India’s Sinnar (Nashik) branch, stating that Rs.2,000 had been deposited into his account. But, to his surprise, he received another text message from the bank a few hours...