-Business Standard Ruling party MPs suggest changes to six of the nine amendments proposed by govt to the 2013 Act The government is set to relent on the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015. On Monday, the Bharatiya Janata Party (BJP) members of a parliamentary joint committee on the Bill suggested amendments that effectively bring back the social impact assessment and consent clauses,...
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Funds for short-term crop loans cut, 10.5 lakh farmers to be hit -Sarbjit Dhaliwal
-The Tribune Chandigarh: The National Bank for Agriculture and Rural Development (NABARD) has imposed a cut of Rs. 3,400 crore on the allocation made to the state to advance short-term crop loans. The loans are advanced twice in a year for rabi and kharif crops. At least 10.5 lakh farmers are expected to be hit hard. These loans are advanced on half-yearly basis through agriculture cooperative societies. On an average, NABARD used to...
More »Food subsidies still haunt India at WTO -Uttam Gupta
-The Hindu Business Line But they needn’t, if India sticks to the view that the benchmark price for measuring extent of support is too low and outdated India is concerned over the delay in reaching a ‘permanent solution’ to the problem of dealing with food procurement subsidies. The WTO members are thrashing out a work programme for the 10th Ministerial to be held in Nairobi this December. Under Agreement on Agriculture (AoA), developing...
More »Green plan for highways: 1% project cost to be set aside to plant trees -Anil Sasi & Sharmistha Mukherjee
-The Indian Express Planting fruit-bearing trees specific to the region can aid revenue generation The road ministry has finalised a “green highways” policy to “tree-line” 140,000 kilometres of national highways. Under this policy, one per cent of the civil cost of national highway development projects will have to be set aside for the planting of trees in a planned manner, covering both existing NH sections and new routes that would be added...
More »Decoding Karnataka debt trap: Rise of a new breed of private moneylenders -Sowmya Aji
-The Economic Times MANDYA: A new breed of moneylenders has pushed farmers of moneyed Mandya district in Karnataka into an endless debt trap, leading to mounting suicides, even as the institutionalised credit system has failed them. The system is so well entrenched that the borrowers themselves are taking steps to protect the moneylenders from a government crackdown on the practice. Farmers — big, small and marginal — have taken loans from private...
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