-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...
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9 killed in Sterlite protests, Tamil Nadu CM says police had to take action under 'unavoidable circumstances'
-Hindustan Times/ IANS/ PTI Protesters marching to close Vedanta’s Sterlite Copper plant tried to attack the district collector’s office in Tamil Nadu’s Tuticorin, say officials. New Delhi: Nine people died in a coastal city in southern Tamil Nadu on Tuesday when police fired at hundreds of protesters marching against a copper smelting plant tried to attack the district collector’s office, said officials. Protesters who blame the Vedanta group’s Sterlite plant for health problems...
More »Petrol and diesel prices to be slashed, oil companies to share burden -P Suchetana Ray
-Hindustan Times In the last few days, fuel prices have touched record highs, with petrol costing Rs 76.87 per litre in Delhi and diesel Rs 68.08 a litre. In the last nine days, the price of petrol has risen by Rs 2.24 and diesel by Rs 2.15. New Delhi: Fuel prices are likely to be slashed by Rs 2 to Rs 4 in the next few days and a decision will...
More »Easier credit norms for small and marginal farmers -Zia Haq
-Hindustan Times Government’s decision is aimed to cut dependence of small and marginal farmers on usurious informal private lenders. The government has streamlined lending norms in schemes such as the Kisan Credit Card to boost institutional credit flow to small and marginal farmers who make up over 90% of people engaged in agriculture and, as a class, are highly vulnerable to risks. The aim is to cut their dependence on usurious...
More »Jharkhand government not happy with direct transfer of food subsidy -Sanjoy Dey
-Hindustan Times State food minister Saryu Roy said the state’s recommendation for cancelling the pilot project for direct transfer of food subsidy will be forwarded to the Centre this week. Ranchi: The BJP ruled Jharkhand government has decided to ask the Centre to withdraw its pilot project for direct transfer of food subsidy into account of beneficiaries in place of ration as it was causing immense trouble to the poor and was...
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