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Revisit interest subsidy scheme for farmers -Ashutosh Kumar Tripathi

-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...

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Suicide leading cause of death among India’s young, says Lancet report -Anuradha Mascarenhas

-The Indian Express According to Census 2011, there are 364.66 million youngsters in the 10-24 age group, making up 30.11 per cent of the country’s total population. Pune: Suicide was the leading cause of death among youngsters aged 10-24 in the country, with 62,960 such deaths reported in 2013, according to the findings of the Lancet Commission on Adolescent Health and Well-being that is being launched in London on Tuesday. Road...

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Will drought hit crop output? -Rajalakshmi Nirmal

-The Hindu Business Line While kharif crops will be affected, rabi crops have assured irrigation Depleted reservoirs and parched lands await the onset of the south-west monsoon. The water level in key reservoirs across the country is fast receding, going by data from the Central Water Commission (CWC). The storage levels in 91 reservoirs have dropped from 95.693 bcm (billion cubic metres) in September to 72 bcm in December and are now...

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Domestic gas users in major cities need income proof for subsidy claim -TCA Sharad Raghavan

-The Hindu Consumers in Tier-I and II cities will have to submit affidavits to their LPG distributors stating that their annual income is below Rs.10 lakh to continue to receive cooking gas subsidy, according to Oil Minister Dharmendra Pradhan.“In the Tier-I and Tier-II cities, when somebody comes to refill gas, they are asked to sign an affidavit regarding their income,” the Minister said. “It is a matter of trust. We have to...

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Drought-hit farmers trading cattle for cash -Ketaki Ghoge

-Hindustan Times Parbhani: It took Pandurang Shinde three trips to the weekly Khandoba cattle bazaar in Parbhani, one of the eight drought-hit districts of Marathwada, to find a buyer for his pair of bullocks. After much heckling, he managed to sell his coveted pair at Rs 50,000, half the price at what the animals had cost him. The weekly cattle bazaar, held on Thursdays, at Parbhani taluka is packed these days, full...

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