-Deccan Chronicle Hyderabad: The undue delay in remitting the first installment of loan waiver amount to banks by the Telangana state government has resulted in farmers across the state losing crop insurance benefit for the ongoing kharif season. Reports from Telangana districts confirm that the government did not remit the amount that was promised by it to banks by September 30, the last day for the banks to make adjustments of...
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Banks Finally Give ‘Debt Relief’ to AP Government
-The New Indian Express HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers. The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally...
More »How to improve the welfare state -Ajay Chhibber
-The Business Standard Make schemes mobile and portable, by focusing on people and not products India spends close to four per cent of its GDP on an alphabet soup of welfare schemes and subsidies - it has become a welfare state before becoming a developed state. Despite its significant costs, India's welfare system is neither comprehensive nor very effective - subject to huge leakages and corruption, and not well knit into...
More »Andhra Bank launches 'Kisaan Vaani'
-The Business Standard The facility provides latest technical information on agriculture and allied activities to farmers of Andhra and Telangana Andhra Bank on Monday launched ‘Andhra Bank Kisaan Vaani', a new facility which provides latest technical information on agriculture and allied activities to farmers of Andhra Pradesh and Telangana through ‘Green SIM'-based voice message, in association with Iffco Kisaan Sanchar Limited (IKSL). IKSL has developed a green SIM for transfer of voice messages...
More »Finance to 5 Lakh Joint Farming Groups of "Bhoomi Heen Kisan" through Nabard in the Current Financial Year
-Capital Market 14 Crore Soil Health Cards to be Issued in Three Years; Credit Support of Rs. 8 Lakh Crore to Agriculture During 2014-15 Targeted "Finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD in the current financial year", said Shri Radha Mohan Singh, Agriculture Minister, while inaugurating the National Rabi Conference. Minister said that, a very large number of landless farmers are unable to provide land title...
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