-The Indian Express Amidst continuing protests by Punjab and Haryana farmers against the Centre’s new farm laws, about 3-4 lakh tonnes of paddy arrives every day in Punjab mandis from Bihar and Uttar Pradesh. As the paddy marketing season comes to an end, it is estimated that more than three million tonnes of paddy has already reached Punjab mandis in the kharif marketing season this year. This is because in the...
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Bengal, Kerala agree to Centre's GST borrowing formula
-The Telegraph Three states — Punjab, Jharkhand and Chhattisgarh — have not accepted the proposals yet Bengal and Kerala have dropped their opposition to the Centre’s borrowing option to bridge the gap in the Goods and Services Tax revenue receipts. The two states have opted for the limited borrowing option under which the Centre will borrow funds and pass them on to the states but the debt will be recognised in the balance...
More »What is a bank moratorium, and when does it come into play? -K Bharat Kumar
-The Hindu * When does the Reserve Bank of India intervene, and what are some of the key steps it takes? The story so far: On November 17, the Centre, acting on the recommendation of the Reserve Bank of India (RBI), imposed a moratorium on Lakshmi Vilas Bank (LVB) for a period of 30 days. The 94-year-old bank, based in Karur, Tamil Nadu, has been struggling with losses for three years. As...
More »It’s Time for a 10-Year-Plan that Says How Much Rice and Wheat Will Be Procured From Each State -Siraj Hussain and Jugal Mohapatra
-TheWire.in Though there is no road map to reduce the production of wheat and rice, it is now possible to reduce India's dependence on Punjab and Haryana for food security by procuring from non-traditional states. Since the enactment of three agriculture legislations by the Centre in September, sections of the media have rightly or wrongly projected Punjab, and to a much lesser extent Haryana, as a villain. This has led many to believe...
More »Arunachal records best sex ratio, Manipur the worst -Vijaita Singh
-The Hindu Nagaland, Mizoram, Kerala and Karnataka rank high in the list Arunachal Pradesh recorded the best sex ratio in the country while Manipur recorded the worst sex ratio, according to the 2018 report on “vital statistics of India based on the Civil Registration System”. Sex ratio at birth is number of females born per thousand males. Arunachal Pradesh recorded 1,084 females born per thousand males, followed by Nagaland (965) Mizoram (964), Kerala (963)...
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