-Newsclick.inGovt is repeatedly turning to LIC for its disinvestment agenda. The insurer's NPAs have doubled since the Modi regime took over, and now there is the possibility of it bailing out Debt-ridden IL&FS. Since 2014, the Life Insurance Corporation of India (LIC) has spent, at least, Rs 48,000 crore so that the Narendra Modi government can meet its disinvestment targets.Meanwhile, the non-performing assets (NPAs) of the country?s largest insurer have...
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Crop burning: New machines don't solve, but add to menace -Jitendra
-Down to Earth Debt-ridden farmers have to either rent or buy the machines, which pose several threats to their next crop Hamir Singh, 53, who holds a 14-acre farm in Kalajhar village in Sangrur district of Punjab, had decided to toe the line, but didn’t work for him. He followed the ban on crop residue burning and tried using new technology like the rotavator, which has rotating blades that chop the straw...
More »Neither subsidy nor penalty can stop Debt-ridden farmers of Punjab from torching straw -Arjun Sharma
-Firstpost.com Ludhiana: North India’s smog problem — a cause of much tension between states — seems to have left politicians, farmers and even experts stumped. In Punjab, the government’s measures to tackle stubble-burning have reaped little dividend, as the farmers, many of them Debt-ridden, say that at the end of the harvesting season, they are still left with no option but to set paddy straw on fire in order to clear their...
More »Govt. gives in to some demands, but farmers adamant -Nistula Hebbar & Priscila Jebaraj
-The Hindu Protesters seek implementation of the Swaminathan Commission report; Centre says formula for MSP is economically unviable As the thousands of protesting farmers affiliated to the Bhartiya Kisan Union (Tikait group) were prevented from entering Delhi in support of their demands, Minister of State for Agriculture Gajendra Singh Shekhawat on Tuesday said the Centre would consider reducing GST on farm equipment to 5%. The farmers have demanded that farm equipment be...
More »No escaping the Debt trap!
-The New Indian Express A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling to repay their loans on time. HYDERABAD: Every successive government has implemented scheme after scheme “to save” the Debt-ridden farmer, yet none of them seem to have made any impact. A new worrisome report released by the government-owned NABARD claims that 79 per cent of Telangana farmers are struggling...
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