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In spite of RBI’s warning, Centre invested Rs 250 crore in Yes Bank in 2019-20

-Scroll.in The RBI had first flagged serious lapses in the bank’s governance in 2018. The Centre invested Rs 250 crore with private lender Yes Bank in the financial year 2019-’20 even though the Reserve Bank of India had deemed the bank as risky in 2018, shows the financial statement of the Prime Minister’s National Relief Fund. The investment in Yes Bank Fixed Deposit Receipts was made even as Finance Minister Nirmala Sitharaman last...

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Number Theory: Understanding the business of farming in India -Abhishek Jha and Roshan Kishore

-Hindustan Times Supporters of the three farm laws have been arguing that the new regime will help farmers receive better prices by selling products in the open market rather than the APMCs. SAS data does not support such a claim That Indian agriculture has been distress-ridden is an accepted fact in post-reform India. However, this is often discussed more in terms of farmers’ suicides, especially during the last decade, or abysmally low...

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How UP cookie will crumble -Radhika Ramaseshan

-The Tribune The farmers’ protests reflect the western region’s pre-election zeitgeist Uttar pradesh’s regions spanning the west, east, centre and Bundelkhand, exist in silos, each with their own preoccupations and concerns conditioned by economics, geography and demography. However, come an election, political imperatives transcend the distinctive characteristics. UP votes as one state, and has lately, rooted for a single party or coalition. The fractured verdicts that threw UP into disarray in the...

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Oil Ministry mulls reinstating subsidised LPG prices, survey in progress -Twesh Mishra

-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...

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PM Narendra Modi launches 35 crop varieties with traits to address climate change, malnutrition

-PTI/ The New Indian Express These special traits crop varieties also include those that address the anti-nutritional factors found in some crops that adversely affect human and animal health. NEW DELHI: Prime Minister Narendra Modi on Tuesday launched 35 crop varieties with special traits -- developed by the Indian Council of Agricultural Research (ICAR) -- to address the twin challenges of climate change and malnutrition. The new crop varieties were dedicated to the...

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