-Financial Express Under the Act, sugar mill owners are bound to pay interest if they fail to make the payment to farmers within 14 days of purchase. Complying with an Allahabad High Court order, the Yogi Adityanath government has asked 10 sugar mills in the state to pay 12% simple interest to the farmers for the late payment of their sugarcane dues for three financial years: 2012-13, 2013-14, and 2014-15. These 10 mills...
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Beyond India @75: Growth, Inclusion and Sustainability -S Mahendra Dev
-Indira Gandhi Institute of Development Research, Mumbai There have been many successes and failures in economic and social development of India in the last 75 years. The recent covid-19 pandemic had also an adverse impact on growth, employment, health and education etc. In this paper, issues and policies are discussed beyond India@75 for achieving growth, inclusion and development. As India is integrated with the world, global issues are also important for...
More »A Dalit Women’s Collective Is Fighting For The Land It Toils On, In Gujarat -Aarefa Johari
-Behanbox.com Mumbai: Around 400 metres off the Gujarat state highway near Vautha village, along the snake-like curves of the Sabarmati river, lie nearly a hundred acres of land that government records describe as “non-useful riverside land”. But on the ground, in early April, Baluben Makwana led me through a dirt path to an unexpected scene. On one side was a sprawling expanse of wheat fields, ripe stalks swaying gently in the wind...
More »Will India’s digital push in agriculture help farmers or help exploit them? -Karishma Mehrotra
-Scroll.in Agritech is touted as a remedy for the perennial problems ailing the Indian farmer. But what about the challenges it might create? Ramanjaneyulu GV seethes with disdain remembering the times agricultural technology start-ups pitched to him over the past eight years. On offer was the full rainbow of services: market solutions and weather predictions for higher agricultural yield, better quality produce, more profits. Everything that, in theory, should be welcome. “My opposition...
More »RBI imposes severe restrictions on this bank, imposes Rs 1,000 cap on withdrawals — check details
-PTI/ Financial Express As per the directions, the bank shall not, without the prior approval of the RBI, grant or renew any loans and advances, make any investment, incur any liability, and disburse or agree to disburse any payment. The Reserve Bank of India (RBI) on Friday imposed several restrictions on Laxmi cooperative Bank Ltd, Solapur, including a Rs 1,000 cap on withdrawals for customers, due to deterioration in its financial position. The...
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