-Livemint.com Reeling under intense dry spell, state recorded 49% rain?deficit, says regional?disaster monitoring centre Bengaluru: The Karnataka government on Wednesday declared 156 out of the 176 talukas of the state drought hit in the wake of a failed northeast monsoon. This has added to the growing call for the speedy implementation of the farm loan waiver to mitigate the deepening agrarian distress. The declaration comes months after several districts of the state...
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'62% of SEZs are operational and have created 20 lakh jobs' -Radheshyam Jadhav
-The Hindu Business Line TN, Kerala, M.P. ranked on top, according to data The Ministry of Commerce and Industry data show that 230 out of the 373 Special Economic Zones (SEZs) in India are operational and have provided employment to as many as 20 lakh people. In Chhattisgarh, Odisha, Punjab and Chandigarh all approved SEZs are operational while among four States which have more than 50 approved SEZs, Tamil Nadu tops the chart...
More »Clear bank dues when loans are waived: NABARD to states -Sidhartha
-The Times of India NEW DELHI: Amid a flurry of farm loan waivers, financial institution Nabard has written to states advising them to ensure that dues of banks that actually write-off the loan are immediately cleared to ensure that the credit cycle is not broken. The move follows the experience of several lenders in Andhra Pradesh and Tamil Nadu, where the dues have remained pending although they had written off the loans...
More »Economists should try farming before opposing loan waiver: Chidambaram
-The Hindu Bengaluru: Former Finance Minister P. Chidambaram on Friday said farm loan waiver is “imperative” given the agrarian crisis in the country and the economists critical of the scheme should do farming on two acres of land for 10 years before commenting on it. “Economists who are criticising farm loan waiver must experience what farming is in this country. Take two acres of land and do farming for 10 years and...
More »Maharashtra announces Rs.150-cr relief to onion growers
-The Hindu Business Line Govt announces Rs. 2/kg subsidy to farmers who were selling their produce at low prices Mumbai: In a relief to the distressed onion growers in Maharashtra, the Fadnavis government on Thursday decided to provide ?2 per kg subsidy on the bulbs sold from November 1 till December 15 in the State. About three lakh farmers stand to gain up to Rs.40,000 from this decision by the State government. The money,...
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