-The Hindu Business Line Outstanding subsidy bills for the fertiliser sector will exceed ₹40,000 crore by March, according to the Fertiliser Association of India (FAI). Domestic urea manufacturers are the hardest hit with dues amounting to ₹30,000 crore. The industry also sent an ‘SOS' to the Finance Minister appealing to intervene and institute a Special Banking Arrangement to help tide of the liquidity crisis facing fertiliser manufacturers. "While the domestic urea industry is...
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MGNREGA money not spent, Centre warns of fund freeze
-The Tribune Faridkot: The Ministry of Rural Development has communicated to the state that no funds would be released under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme till it fully utilised the first installment With two months left for the financial year to end, none of the 146 blocks in Punjab have fully utilised the MGNREGA funds. Until there is full utilisation of the first installment, which is 60...
More »Jean Drèze joins dharna of MGNREGA workers -Amarnath Tewary
-The Hindu Protest continues on Diwali against non-payment of wages Patna: Development economist Jean Drèze, along with hundreds of protesting MGNREGA workers, observed "Black Diwali" at a village in Muzaffarpur district on Thursday. For over a fortnight, the workers have been organising a dharna demanding payment of dues. Professor Drèze reached Mahant Manihari Panchayat Bhawan under the Kurhani block and sat on the day-long dharna. "Nearly 3,000 workers from six blocks have not been...
More »Cradle. Now, grave -Soumik Dey
-The Week Manorama Online Broken hearts float down the Bhakra Main Line canal. Broken by the endless struggle with the land, with the weather, with the creditor. Broken by broken promises, broken by the honour they lost, broken enough to kill themselves. And, at the sluice gate at Khanauri village they slow down, looking up with unseeing eyes. And, from the bridge across the canal, the beating hearts they broke look...
More »100,000 Maharashtra farmers may not get loan to sow kharif crop -Aparna Pallavi
-Down to Earth Reserve Bank of India refuses to bail out three district cooperative banks Kharif sowing season is close at hand, but around 100,000 farmers of Nagpur, Wardha and Buldhana districts in Maharashtra are unlikely to get agricultural loan or hailstorm relief from the District Central Cooperative Banks (DCCBs) because the Reserve Bank of India (RBI) has rejected banking applications of these banks. Worse, fixed deposits worth Rs 1,716 crore belonging...
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