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Alone, with the mounting loan -Tomojit Basu

-The Hindu Business Line   Farmers across Uttar Pradesh and Punjab lament weather woes and lack of social security Consumers may be bracing themselves for rising prices of vegetables and fruits, but the unseasonal heavy showers and hailstorms through the first half of March have already dealt a significant blow to farmers across much of the northern, central and western belts. Agriculture Ministry estimates earlier this week showed that Rabi crops in about 181...

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Farmers caught in a vicious debt cycle -Sahil Makkar & Sanjeeb Mukherjee

-Business Standard Marriages on hold, children being returned from schools over unpaid fees; the rural economy is bearing the brunt of unseasonal rains, a crisis in the sugar cane sector and a fall in prices of farm pro Hapur/ Meerut: In the mid-afternoon, when most farmers are returning home to rest, Rana Ranjit Singh is sweating buckets on his farm in Uttar Pradesh's Hapur district, searching for vegetables left undamaged after untimely...

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Union Cabinet clears new bill on black money -Siddharth

-The Times of India NEW DELHI: The Cabinet on Tuesday cleared introduction of the black money bill later this week, including a provision to allow the government to launch a one-time compliance scheme for those with black money abroad to come clean before the new law kicks in. The details of the compliance scheme, including the penalty, are expected to be announced as part of the rules. The offer for full disclosure...

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Govt cancels licences of 1,142 NGOs

-PTI NEW DELHI: Cracking down on erring NGOs, government has cancelled licences of 1,142 NGOs belonging to undivided Andhra Pradesh, under which they get foreign funds, for not filing their annual returns for three consecutive years. The foreigners division of the home ministry has served notices to NGOs on October 16, 2014 for not filing their returns for 2009-10, 2010-11 and 2011-12 under the Foreign Contribution (Regulation) Act and given time to...

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Bring NGOs under single, independent regulator: ICAI to govt -Mahua Venkatesh

-Hindustan Times With a number of non-governmental organisations (NGOs) coming under income tax scanner for not filing returns, the Institute of Chartered Accountants of India (ICAI) has told the government to bring them under a single and independent regulatory body. The apex body, in a recent note to the government, has said that the setting up of the central regulatory body would make it easier for it to keep a watch on...

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