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Loan interest waiver to be credited by November 5

-The Hindu Scheme will be implemented even for borrowers who did not avail moratorium. Three weeks after informing the Supreme Court that the Centre would bear the additional compound interest on loans of up to ₹2 crore availed by retail borrowers as well as micro, small and medium enterprises (MSMEs), the Government formally communicated the modalities of the scheme to lenders on Friday. Banks and other lenders, including co-operative banks and non-banking finance...

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Explained: What determines onion prices -Parthasarathi Biswas

-The Indian Express In back-to-back moves aimed at controlling onion prices, the Government has relaxed import norms and now reintroduced stock limits. Why have prices been rising, and how far can these moves check the rise? With less than a week to go for the Bihar elections, the Centre on Friday reintroduced the stock limit on onions — a move aimed at controlling rising prices, which crossed Rs 80 per kg in...

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Economic Liberalisation and Fertilizer Policies in India -Prachi Bansal and Vikas Rawal

-Society for Social and Economic Research The economic reforms which were started in 1991 shifted the focus of fertilizer policies away from playing a leading role in building the fertilizer industry and ensuring the availability of fertilizers at affordable prices to farmers. Under the neo-liberal policy framework, reducing the fiscal burden of fertilizer subsidies and the foreign exchange burden of fertilizer-related imports became the overriding concerns of the state.  Interestingly, the post-liberalisation...

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Has Bangladesh’s economic rise taken the wind out of the NRC narrative? -Shoaib Daniyal

-Scroll.in The final NRC data seems to have belied myths about both the quantum of migration from Bangladesh as well as the religious affilitation of the migrants. For more than five decades now, fear of migration from Bangladesh (and earlier Pakistan’s East Bengal province) has influenced the politics of Assam. To justify this, very high estimates of numbers of Bangladeshi migrants have been put out in the public domain in India. In 1997,...

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Centre curbs stock limits to cool onion prices

-The Hindu First imposition of limits after amendment to Essential Commodities Act. With onion prices crossing ₹100 per kg in several cities, the Centre imposed stock limits on wholesalers and retailers until the end of the year to prevent hoarding. This is the first time stock limits have been imposed on any commodity after the Essential Commodities Act was amended last month to reduce such interventions. Under the curbs, wholesale traders will not...

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