-NDTV (With inputs from agencies) As ATMs ran dry in several parts of the country, finance minister Arun Jaitley said the shortage is temporary and is being tackled quickly. New Delhi: In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage...
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Cash shortage likely to get worse in Delhi-NCR, Mumbai as ATMs run dry
-BusinessToday.in As the problem of sudden cash crunch hits several states of the country, India's two major regions, the Delhi-NCR and Mumbai, can severely get affected in the coming days if the situation persists. According to sources in one of the largest private banks in the country, in the past one week the Delhi-NCR region received around 20 per cent of the cash supply it used to get on a daily...
More »Government attempts damage control as ATMs run dry -Sandeep Phukan
-The Hindu Jaitley blames ‘spurt in demand’; Congress recalls Note Ban Amidst reports of a cash crunch from different parts of the country, Union Finance Minister Arun Jaitley said the government was “tackling the issue quickly” to overcome a “temporary shortage” caused by a sudden spurt in demand. But with hash tags #cashcrunch and #ATM trending on Twitter all day, Opposition leaders launched a scathing attack on the government. Minister’s assurance Responding to the currency...
More »Between 2015 & 2016, suicide by farmers fell but suicide by agricultural labourers grew
The total number of farm suicides in the country has reduced from 12,602 to 11,370 between 2015 and 2016 viz. a fall by 9.8 percent. This has been revealed recently in a reply by the Minister of State in the Ministry of Agriculture and Farmers Welfare Shri Parshottam Rupala in the Lok Sabha. So, one may wonder why there is such a hue and cry about rural distress and agrarian crisis...
More »Loan waiver: Maharashtra govt to directly intimate eligible farmers -Shubhangi Khapre
-The Indian Express The move comes after complaints against banks that they were not intimating eligible farmers whose names along with the amount has been cleared by the state government. Mumbai: The state government has decided to directly intimate eligible farmers across 40,913 villages about the loan waiver scheme. The move comes after complaints against banks that they were not intimating eligible farmers whose names along with the amount has been cleared...
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