-Press release by NREGA Sangharsh Morcha dated 1 April, 2018 Hours after NREGA Sangharsh Morcha wrote an open letter (please click here to access) to the Rural Development Minister demanding notification of revised MGNREGA wage rates for 2018-19, the Ministry issued the employment guarantee act wage rates for the new financial year. Wage rates have not increased for some of the poorest states of the country – Bihar, Jharkhand and Uttar...
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Govt eyes increasing millet output to 45 mt by 2030 -TV Jayan
-The Hindu Business Line Centre on a mission mode to promote these nutri-cereals New Delhi: The Centre is drawing up an ambitious plan to increase millet production in the country to 45 million tonnes (mt) by 2030 from the current levels of 17 mt, a senior Agriculture Ministry official said on Thursday. “The government would like to promote millets from this year onwards. This year has been declared as year of millets. Over...
More »Corporates make 73% of public sector bank bad loans -Sunny Verma
-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
More »Maharashtra: Govt sees bitter truth in too much sugarcane -Shubhangi Khapre
-The Indian Express Highly-placed sources in the state government said, “The crop diversification model is region- wise taking into account the soil health and climate conditions that will evolve in a time-bound manner.” Mumbai: The Maharashtra government has decided to push a crop diversification model to create a better mechanism for demand and supply and higher renumeration for small and marginal farmers across state. The decision has come at a time of...
More »Agricultural workers suicides rising, but 2016 data shows overall drop in farmer suicides
-The Hindu More agricultural workers committed suicide in 2016, but the overall number of suicides in the farm sector dipped almost 10% in comparison with the previous year, according to provisional data from the National Crime Records Bureau (NCRB) that the Agriculture Ministry shared with Parliament on Tuesday. Overall, 11,370 people in the farming sector committed suicide in 2016, in comparison to 12,602 the previous year. From 2014, the NCRB has been dividing...
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