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Mudra loans a big scandal in banking system

-Deccan Chronicle The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest. New Delhi: The Modi government may have to get battle ready soon for cleaning up the Mudra loan mess that has added to the concerns of the banking system. The plan to create “job creators and not job seekers” by disbursing massive credit to micro and small...

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Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line New Delhi: Raising farm income could well be the agenda for 2019 general elections and well aware of this is the Narendra Modi government, which is leaving no stone unturned to lure this vote bank. Navigating this agenda for the government is Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare. Aware of the challenges of the price sensitive market, Singh said, “agriculture markets cannot be...

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Fresh farm crisis brews in Maharashtra as banks tighten purse strings -Abhiram Ghadyalpatil

-Livemint.com Banks in Maharashtra have issued only 22% of the kharif season lending target of Rs43,342 crore till 27 June, said an official at the state department of cooperation Mumbai: Farm discontent is raising its head in Maharashtra yet again as banks remain tight-fisted on crop loans at the beginning of the sowing season, cancelling out the benefits of last year’s mega loan waiver. Banks in Maharashtra have issued only 22% of the...

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Include male child sex abuse victims in relief schemes: Maneka Gandhi

-The Indian Express Quoting data from National Commission for Protection of Child Rights — the apex body for child rights — the minister said although 31 states notified their Victim Compensation Scheme under the POCSO Rules, the Disbursements “has not been uniform or satisfactory”. New Delhi: Asserting that minor boys are the “most neglected victims of sexual abuse”, Union Minister for Woman and Child Development (WCD) Maneka Gandhi, on Wednesday, wrote to...

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Maharashtra Witnesses Rise in Farmer Suicides, 696 cases in 3 months - Shilpa Shaji

-Newsclick.in The government has chosen not to intervene in the market prices of the seasonal crops, forcing farmers to deal with the debt and the crisis on their own. Despite the Maharashtra government’s farm loan waiver scheme to “settle” the agrarian debts of farmers, the number of farmers committing suicide in the state continues to rise. The state has witnessed a total of 696 farmer suicides in the initial three months of...

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