-The Times of India MUMBAI: Crores of Pradhan Mantri Jan Dhan Yojana (PMJDY) account-holders risk either having their accounts frozen or having charges imposed if they exceed four debit transactions in a month. Vague wording of the Reserve Bank of India's guidelines on basic savings bank deposit accounts (BSBDA), which include PMJDY accounts, has led to banks conjuring up ways to cap free transactions. The norms applicable to PMJDY accounts are those...
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Why didn't Madhya Pradesh farmers gain from farm growth? -Abhiram Ghadyalpatil
-Livemint.com Madhya Pradesh farmers are unhappy that outsiders are misled by claims made by chief minister Shivraj Singh Chouhan Indore, Harda, Mandsaur (MP): Ghanshyam Singh Pipawat, 45, a farmer from the Ujjain district of Madhya Pradesh, has a question for Prime Minister Narendra Modi. “When Modi declared notebandi, he said this would be the last time people will have to stand in line. Then why am I standing in a 2-km-long line to...
More »World Environment Day: Despite increasing green cover, India is losing its forests -Malavika Vyawahare
-Hindustan Times Between 1880 and 2013 India lost about 40% of its forest cover. Today, 24% of its area is under forests or 7 lakh sq km, according to government data. The area under forest and tree cover has grown by 5,081 sq km between 2013 and 2015. “Do not erect a memorial when I die, but plant a tree if you loved and respected me,” Union environment minister Anil Madhav Dave...
More »Farm loan waivers by states might hit Rs 2,57,000 crore by 2019 elections: BofA-ML Report
-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...
More »India fails to protect property rights of indigenous and rural women, says report
-Down to Earth None of the 30 low and middle-income countries analysed met the standards of the UN Convention on the Elimination of All Forms of Discrimination against Women In what could be a wake-up call to global conservation efforts, a new report by the Rights and Resources Initiative (RRI) says that legal protections for indigenous and rural women to own and manage property are missing in India and 29 other...
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