-The Indian Express Families of some Punjab farmers who committed suicide get half the amount govt promised, many others yet to get any. Punjab: In March 2009, the Punjab government had cleared Rs 2 lakh as compensation to the families of every farmer who had committed suicide since 2000. This was also part of the ruling party's 2012 election manifesto. So far, however, the government has compensated only a section of them,...
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Outsiders in Kutch’s mini-Punjab: Sikh farmers battling for their land -Satish Jha
-The Indian Express Kutch (Gujarat): Bhajan Singh, 62, remembers the time curious villagers turned up to see a borewell his father Gopal Singh had dug up. The year was 1969 and it was the first time Sumrasar village, near Bhuj in Kutch district, had had a borewell. Few had ever seen it work, as they depended entirely on rainwater for the barely one crop they harvested a year. Originally from Pakistan, Gopal...
More »Rs 1 lakh crore Bad Loans of corporates written off: RBI-Mayur Shetty
-The Times of India MUMBAI: Data collected by Reserve Bank of India over a period of one year blows the lid off what goes as loan classification in banks. In a presentation at the annual bankers' conference, RBI deputy governor K C Chakrabarty showed how banks have sacrificed over Rs 1 lakh crore by writing off Bad Loans to corporates, which is much higher than Union finance minister P Chidambaram's farm...
More »Clarity on loan waivers
-The Asian Age Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme. More revealing is that medium and large units have...
More »Misery in Seemandhra piles up as agitation continues
-The Times of India HYDERABAD/ VIJAYAWADA: With another round of talks between the government and protesters failing to end the impasse over bifurcation of Andhra Pradesh, the misery of denizens is increasing every minute across strife-torn Seemandhra. From a foundry worker in Vijayawada to an upper middle class banker in Visakhapatnam, the two-month strike, which has gathered more steam now has spared none, with heartrending stories of people suffering across the roiled...
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