-Capital Market 14 Crore Soil Health Cards to be Issued in Three Years; Credit Support of Rs. 8 Lakh Crore to Agriculture During 2014-15 Targeted "Finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD in the current financial year", said Shri Radha Mohan Singh, Agriculture Minister, while inaugurating the National Rabi Conference. Minister said that, a very large number of landless farmers are unable to provide land title...
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States pitch for separate FCI to ensure fodder security
-PTI NEW DELHI: In order to improve availability of fodder in the country, several state governments today suggested setting up of a Fodder Corporation of India (FCI), ban on export of oilseed cake and disallowing harvesting of wheat and other fodder crop using combine harvestor. Some states also demanded that the Centre should treat animal husbandry, dairying and fisheries at par with the agriculture sector and ensure benefits such crop loans at...
More »Jan Dhan Yojana: Initially, overdraft amount might be small -Nupur Anand
-The Business Standard Based on the credit history banks may later decide to extend the amount Under the Pradhan Mantri Jan Dhan Yojana, the overdraft facility initially offered by banks will be less than Rs 5,000, the highest under the scheme. Based on credit history, lenders might extend the amount at a later stage. Earlier, the finance ministry had clarified a lower amount might be extended under the overdraft scheme. Under this, on...
More »Don’t bank on it, yet -Paranjoy Guha Thakurta
-Deccan Chronicle On August 15, Prime Minister Narendra Modi announced the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme that will ensure that at least one member of each and every family in India not only has a bank account with a debit card, but is also provided an overdraft facility of Rs 5,000, a life insurance policy of Rs 30,000 and accident insurance cover of Rs 1,00,000. On August...
More »For India to stand up and be counted, it must substantially reduce its carbon footprint -Darryl D’Monte
-The Hindustan Times Former Union environment minister Jairam Ramesh set a cat among the pigeons, in his inimitable style, at a recent national conference on climate and sustainable development at the Tata Institute of Social Sciences (TISS) in Mumbai. He asserted that India would be "the last man standing at Paris", referring to the United Nations climate negotiations which will culminate in France in December 2015. India's current stance was "inflexible...
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