-The Financial Express The fastest-growing major economy of the world cannot ignore its farmers as there is a genuine need to help the farming sector which is suffering from stress on account of indebtedness. The banking industry is also not able to extend credit to those farmers who are in default. A loan waiver can help bankers to renew the loans, and farmers can use the borrowed money for production of...
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Telecom to banking, most services to be costlier with GST -Sidhartha & Pankaj Doval
-The Times of India NEW DELHI: For some days now, several service providers — from insurance and banking to telecom and hotels — have been sending emailers to customers warning of a GST-driven increase in prices starting July 1. Alarmed and unconvinced, the revenue department in the finance ministry has roped in other ministries to impress upon industry to adjust input tax credit against possible increase in tax liability. The tax credit...
More »With No Water and Many Loans, Farmers' Deaths Are Rising in Tamil Nadu -Jaideep Hardikar
-TheWire.in While suicides and shock deaths have seen a sudden spike in Tamil Nadu’s Cauvery delta region, the government does not believe the drought is the cause and is continuing to direct water away from rural areas. From the banks of the Kollidam river, S. Selvaraju’s farm is barely a mile away. The huge river, actually a tributary of the Cauvery that drains its surplus water into the sea, runs along the village...
More »Half of Delhi's 1,000 water bodies vanished due to garbage dumping, encroachments -Joydeep Thakur
-Hindustan Times Delhi relies heavily on the polluted Yamuna, neighbouring Haryana for its water supply. The groundwater table is also fast depleting. Natural and artificial water bodies in the city are being targeted by land sharks as well as local residents who have turned them into garbage dumps. New Delhi: More than half of Delhi’s 1000 water bodies have either dried up, encroached upon or acquired for infrastructure development. That is...
More »Between land and a hard PLAce: 'Big-ticket projects' hurting Maharashtra farmers - Ketaki Ghoge
-Hindustan Times More and more farmers are falling into debt trap because farming is no longer profitable and big-ticket infrastructure projects are taking away their lands. Nasik: Shantaram Waghchowre’s worries are multiplying. Already hit by plunging prices for the crops he grows in his five-acre family farm in Maharashtra’s Pimpalgaon Dukre village of Nasik district, he is now staring at abject penury. The state government is set to acquire 50,000 acres of land...
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