-The Tribune Chandigarh: The National Bank for Agriculture and Rural Development (NABARD) has imposed a cut of Rs. 3,400 crore on the allocation made to the state to advance short-term crop loans. The loans are advanced twice in a year for rabi and kharif crops. At least 10.5 lakh farmers are expected to be hit hard. These loans are advanced on half-yearly basis through agriculture cooperative societies. On an average, NABARD used to...
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Debate legitimate but can’t abolish death penalty, says Centre
-Hindustan Times The Narendra Modi government on Thursday called the debate on abolishing capital punishment “legitimate” but made it clear there was no way India could afford to take the leap now due to terrorism in India and the country’s disturbed neighbourhood. Finance minister Arun Jaitley also rejected suggestions that the government had been in a hurry to execute 1993 Mumbai serial bomb blasts convict Yakub Memon and made it clear that...
More »Private companies won’t be in anti-graft law net -Siddharta
-The Times of India NEW DELHI: The government has virtually ruled out amending the Prevention of Corruption Act (PCA) to extend it to the private sector, a move that was recommended by the Special Investigation Team (SIT) on black money to check the circulation of unaccounted wealth in the education and religious institutions. Sources in the government indicated that extending the scope of the anti-corruption law to companies and private individuals could...
More »Social schemes suffer body blow over tardy progress by Shivraj Chouhan sub-panel -Arup Roychoudhury
-Business Standard 14th Finance Commission wants 30 centrally-sponsored schemes to be delinked from support of the govt as states get more through untied funds The pending decision on sharing of resources between the Centre and the states on centrally sponsored schemes (CSS) by the sub-group of chief ministers has led to a number of Union government ministries facing a cash crunch. Even, the Finance ministry refused to release funds to them for...
More »Agriculture can be highly profitable, but the gains are not easy to sustain -Vivian Fernandes
-FirstPost.com Travelling across the country for the past five months to bring farmers’ voices to urban audiences through a programme called ‘Smart Agriculture’ - to be broadcast every Saturday and Sunday from 25 July on CNN-IBN - we have learnt that agriculture is not a low-profit activity. In fact, it returns more than double the amount of cash invested. Sandipan Suman, a 47 year-old agricultural sciences graduate and maize grower in Bihar’s...
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