-TheWire.in The government’s decision to demonetise Rs 500 and Rs 1000 notes, announced by Prime Minister Narendra Modi last week, has led the nation into a situation of chaos. Endless queues have formed before banks and ATMs and the cash economy has been affected adversely. Over 150 eminent citizens have issued a statement today, against demonetisation, questioning its efficacy in eliminating black money. The statement – signed by Prabhat Patnaik, Nayantara Sahgal, Prashant...
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SBI writes off loans of 63 wilful defaulters -Dipu Rai
-DNA India's largest public sector bank has dropped more than Rs 7,000 crore, more than 80 per cent of the amount owed to it by its top 100 defaulters, into the Advance Under Collection Account (AUCA) bin for toxic loans With efforts to recover its dues hitting a virtual dead-end, the State Bank of India (SBI) seems to be have started a clean-up of its balance sheets by writing off loans...
More »Crop change for better yield? -Manu Moudgil
-India Water Portal Crop patterns in India are changing without consideration for local agro-climatic conditions. This puts a burden on environment, incurring huge long-term losses. The past few months saw Karnataka and Tamil Nadu bickering over the sharing of the Cauvery water. It was the failure of the south-west monsoon that had put crops in Karnataka at risk, forcing the government to stop water supplies to Tamil Nadu. The arrival of...
More »IIT-D shows how Punjab can re-use farm waste -Manash Pratim Gohain
-The Times of India New Delhi: Are you a farmer? How about earning a handsome amount from the stubble left behind in your field instead of burning it and adding to the pollution level? How about also getting bio-fertiliser and sustainable energy in the same deal? An IIT-Delhi team has provided technical support to Asia's first biogas-based power plant which is now operating on paddy straw for large-scale biogas production in Fazilka, Punjab....
More »In hunt for big sharks, livelihood of the poor becomes small change
-The Hindu With little cash in hand, small traders and shopkeepers are unable to keep their businesses running Surendar’s move from Bihar to Perambalur in the heart of Tamil Nadu in search of a livelihood has turned sour over the past few days. A school dropout, Surendar, who made a living selling pani-poori from a cart in this town, has seen his business plummet since the November 8 demonetisation announcement. “Everyone brings...
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