-Hindustan Times Empty ATMs and complaints reported from Patna to Haridwar. ATMs in Bihar, Madhya Pradesh, Uttarakhand and Gujarat ran empty on Wednesday, but banks said cash flow had improved a day after people in many parts of India struggled to get money in their hands. Public lenders State Bank of India (SBI), Punjab National Bank, Canara Bank and privately owned Axis Bank said in separate statements that only few of their ATMs...
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The politics of loan waivers: Deep despair of Punjab's excluded farmers -Prabhjit Singh
-Hindustan Times Lip service: Amarinder Singh sought votes on the promise of a waiver, but now faces heat as more than half the state’s farmers have been left out of the scheme. Bathinda: The weather-beaten face of Rajpal Singh shows signs of anxiety as he stands in one corner of his eight-acre farmland in Punjab’s Bathinda, surveying the standing wheat crop that is almost ready for harvest. Singh might get a reasonable price...
More »Central Vigilance Commission wants to keep an eye on private banks -Vikas Dhoot
-The Hindu Asks PMO to frame law for it The Central Vigilance Commission (CVC) has urged the Prime Minister’s Office to bring private sector banks under its watch, citing the fact that they have been involved in many recent instances of malfeasance. Vigilance officers in all State-owned public sector banks are required to report irregularities and possible wrongdoing to the CVC, India’s apex body for checking corruption in the government. Private sector banks...
More »Budget is depressive, will lead to more farmer suicides: Experts -Anju Agnihotri Chaba
-The Indian Express Sukhdev Singh Kokari Kalan, general secretary of BKU (Ugrahan), said that Captain Amarinder Singh had not fulfilled his promise and the policies he is bringing in the budget is ‘suicidal’ for the farmers. Jalandhar: The farming community, which is under acute depression due to long goining agrarian crisis, were left disappointed as the Congress government in Punjab announced its second budget Saturday. Experts and farmers of Punjab have...
More »Landless cultivators to be farmers too! Change of definition to extend assorted benefits to 14 cr currently excluded -Prabhudatta Mishra
-The Financial Express Over 14 crore households who cultivate on land owned by others under a formal lease agreement or even under a temporary arrangement overseen by the gram panchayats or other official functionaries may soon start getting assorted sops doled out to “farmers” by the government just as their land-owing counterparts do. According to official sources, the definition of farmer will be changed via a gazzette notification to include cultivators...
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