-The Hindu Business Line Farmers have been borrowing from banks to repay lenders and reversing the cycle Ahmedabad: In the Saurashtra region of Gujarat, a saying goes: “A farmer is always indebted. He is born in debt and dies with a debt. What matters is how he manages this debt in his life.” There is a skew in Gujarat’s water resource distribution. Saurashtra covers 31 per cent of the State’s landmass but gets...

-The Hindu Business Line Strong demand, remunerative prices are the encouraging factors Kolkata: The uncertainty around production and prices of the common variety of paddy, Swarna, and the prospect of earning better income are driving farmers in Burdwan district of West Bengal to go in for the cultivation of gobindobhog, a premium variety of aromatic rice. Gobindobhog, which got the GI (Geographical Indication) tag in August, is primarily cultivated in East Burdwan district...

-PTI Some media reports said there is a possibility that the central govt may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. New Delhi: The finance ministry on Thursday said there is no proposal to withdraw the bank cheque book facility, which is an integral part of the payments landscape. The clarification comes in the backdrop of reports in a certain section of media that...

-The Hindu Business Line Members such as Canada, EU, US want stiffer safeguards for public stock holding India’s demand for a permanent solution on public stockholding subsidies at the World Trade Organization (WTO) is being challenged by several members, including Canada, the EU and the US, which are insisting on stiffer safeguards, restricted product coverage and a linkage with pruning of overall domestic support. “As the deadline for coming up with a permanent...

-The Hindu Business Line Price double in key wholesale markets; Consumer Affairs Ministry suggests floor price for exports New Delhi/Mumbai: To check spiralling prices of onions and ease supplies, the Centre has decided to import 2,000 tonnes of onions through the State-owned MMTC while two other agencies, Nafed and SFAC, will source 12,000 tonnes locally, Food and Consumer Affairs Minister Ram Vilas Paswan has said. A floor price of $700 per tonne on...