-PTI The surge comes as a surprise given India’s continuing clampdown on suspected black money stashed abroad. Zurich/ New Delhi: Money parked by Indians in Swiss banks rose over 50% to Swiss Francs (CHF) 1.01 billion (?7,000 crore) in 2017, reversing a three-year downward trend amid India’s clampdown on suspected black money stashed there. In comparison, the total funds held by all foreign clients of Swiss banks rose about 3% to CHF1.46 trillion...
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Farmer angst stokes record pulses procurement in 2017-18 -Sayantan Bera
-Livemint.com According to Nafed, the central agency assigned to procure directly from farmers at government-set MSP, 6.34 million tonnes of pulses and oilseeds were purchased from about 3.5 million farmers till 22 June New Delhi: The central government procured a record Rs29,070 crore worth of pulses and oilseeds from farmers at minimum support prices (MSPs) in the 2017-18 crop season, arresting what could have been a sharper fall in wholesale prices. The procurement...
More »Fresh farm crisis brews in Maharashtra as banks tighten purse strings -Abhiram Ghadyalpatil
-Livemint.com Banks in Maharashtra have issued only 22% of the kharif season lending target of Rs43,342 crore till 27 June, said an official at the state department of cooperation Mumbai: Farm discontent is raising its head in Maharashtra yet again as banks remain tight-fisted on crop loans at the beginning of the sowing season, cancelling out the benefits of last year’s mega loan waiver. Banks in Maharashtra have issued only 22% of the...
More »Bengal wants GI tag for Kohitur mango
-PTI New Delhi: The West Bengal government is pushing for a GI tag for the Kohitur mango, arguably the most prized variety among the king of fruits that was ‘created’ during the reign of nawab Siraj-ud-Daulah strictly for royals only and now sells for up to Rs 1,500 a piece. The precious mango, so delicate that each piece has to be carefully plucked by hand and swathed in cotton, was developed in...
More »Odisha is breaking the patriarchy, one deed at a time -Ashwaq Masoodi
-Livemint.com Odisha is a front-runner in women’s land ownership, much of it owing to government policies from the 1980s. But has ownership led to empowerment? Surrounded by sun-drenched paddy fields interspersed with jackfruit and banana trees, Sanakusupadu is a hamlet in Odisha’s tribal-dominated district of Rayagada. Here, almost every married woman owns land. No matter how small the holding, land documents of the 62 households in this village bear the names of the...
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