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Tapping the N-E's organic farming potential -TV Jayan

-The Hindu Business line India’s North-East, comprising eight States, is largely unspoilt by modern agricultural practices, which involve heavy use of agro-chemicals and chemical fertilisers. For this precise reason, the region is a natural choice for promoting organic farming in the country. Sikkim, the first organic State in India, has already shown the way for the other States in the region. According to the estimates available with the Agricultural and Processed...

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Host Of Private Companies, Organisations Shut Out Of Aadhaar, But Identity Law Stands -Tish Sanghera & Chaitanya Mallapur

-India Spend Mumbai: Private entities cannot demand Aadhaar data to authenticate identity. Individuals must be allowed to file complaints against the use of their data. Information can be accessed for matters of national security only when a judicial officer such as a sitting High Court judge has sanctioned it.   These were the highlights in a series of landmark rulings by India’s Supreme Court as it ruled against the use of an...

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Govt penalizes insurers for delay in settling crop insurance claims -Sayantan Bera

-Livemint.com While farmers will receive a 12% penal interest payment for delays in settling claims, state governments will be penalised if they delay in depositing their share of subsidies New Delhi: Faced with a sharp decline in the number of farmers signing up for its flagship crop insurance scheme, the centre on Tuesday imposed a 12% penalty on insurance Companies for delayed settlement of claims. Under the new guidelines that will take effect...

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What ails the Indian banking sector? -Pronab Sen

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...

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Oil marketing Companies again hike petrol, diesel prices

-The Hindu The prices of petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. Mumbai: State owned oil marketing Companies (OMCs) have again increased the price of sensitive petroleum products like petrol and diesel in the country on Sunday. The prices of petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. While petrol costs ? 89.29...

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