-The Indian Express A water-scarce region, Bundelkhand has been battling drought, Debt and poverty for over a decade. In the past three years, “anna pashu (stray cattle)” has been added to the list, now building up to a serious crisis. The cattle have started endangering the Rabi crop. Hamirpur (Uttar Pradesh): On December 25, to mark former Prime Minister Atal Bihari Vajpayee’s birthday with ‘gau sewa’, Uma Kant, the director of BNV...
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Loan: Rs 41,700 Waived: Rs 7 -Arnab Ganguly
-The Telegraph Chandigarh: Farmer Balwinder Singh from Patiala had taken a loan of Rs 41,700 from a cooperative bank. When he received his loan-waiver certificate from the Punjab government on Sunday, the amount waived was mentioned as Rs 7. On a day chief minister Amarinder Singh launched the loan-waiver scheme in Chandigarh to help distressed farmers, many across the state alleged only a fraction of their Debts had been written off. While Balwinder...
More »Punjab's farm loan waiver: Disquiet in Congress over party leaders being ignored in selection of beneficiaries -Kanchan Vasdev
-The Indian Express The state government has decided to roll out its scheme from Mansa on January 7 under which loans worth Rs 170 crore would be waived off formally. Punjab Chief Minister Amarinder Singh would be handing over the certificate to the farmers. Chandigarh: Punjab government’s farm loan waiver, which is to be rolled out to 40,000 farmers from five districts in Malwa on January 7, has many Congress leaders fuming...
More »Iron, steel cos' GNPA for PSBs in basic metals 24%: Govt
-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017...
More »Why are farmers distressed across India? -Vikas Vasudeva
-The Hindu * What’s the problem? The year 2017 was marked by several farmers’ protests nationwide, with a few turning violent. Last month, in New Delhi, 184 farmer groups came together from Tamil Nadu, Maharashtra, Madhya Pradesh, Uttar Pradesh, Punjab and Telangana to take part in a ‘protest walk.’ The protest once again highlighted the plight of farmers and the extent of agrarian distress. The agriculture sector is characterised by instability in incomes...
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