-NDTV (With inputs from agencies) As ATMs ran dry in several parts of the country, finance minister Arun Jaitley said the shortage is temporary and is being tackled quickly. New Delhi: In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage...
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Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story -Sunny Verma
-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public SECtor banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...
More »Can goats SECure livelihood for small and marginal farmers?
-Down to Earth The Centre's discussions on boosting the goat SECtor to double farmers’ incomes may be futile if fodder and grazing lands, both diminishing, are not ensured Since goats were domesticated 10,000 years ago, they have been poor people’s most reliable livelihood insurance. In India, goats are the most reliable source of earning a living in ecologically degraded areas. The reason: a goat has everything a poor or a person...
More »Between 2015 & 2016, suicide by farmers fell but suicide by agricultural labourers grew
The total number of farm suicides in the country has reduced from 12,602 to 11,370 between 2015 and 2016 viz. a fall by 9.8 percent. This has been revealed recently in a reply by the Minister of State in the Ministry of Agriculture and Farmers Welfare Shri Parshottam Rupala in the Lok Sabha. So, one may wonder why there is such a hue and cry about rural distress and agrarian crisis...
More »IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera
-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third conSECutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...
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