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Rs 15/litre diesel price hike burns a big hole in farmers' pockets -Anju Agnihotri Chaba

-The Indian Express But it may give a boost for S-SMS/Happy Seeder technology adoption to prevent paddy straw burning Jalandhar: Thakur Dyal Singh has never in the past raised the rates for operation of his combine harvester in farmers’ fields by more than Rs 100 per acre. Till around 2012-13, he was charging Rs 800-1,000 for harvesting, threshing and cleaning their paddy or wheat crop from one acre using his machine. In...

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Banks are billing for your SMS alerts against RBI advisory -Atmadip Ray

-The Economic Times KOLKATA: Charges for SMS alerts on banking transactions may not squeeze account holders much but can be a reasonable earning for many banks, especially in accounts with meagre monthly transactions though income from SMS alert service goes against the advisory from the sector regulator. While Reserve Bank of India told banks to send SMS alerts for every transaction as means to fight frauds, the regulator also directed banks to...

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May I Overcharge You? -Arindam Mukherjee and Lola Nayar

-Outlook Banks are fleecing customers to shore up their profits and offset the dead weight of bad loans to corporates When the GST era dawned this month, online jokesters quipped that it was the most inscrutable thing ­after Duckworth Lewis. But paradoxically, it may have brought a disquieting clarity to another zone of universal experience. Amid the flurry of news reports detailing what would entail a higher tax of 18 per cent,...

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Polavaram is reaping the Jan Dhan benefit -Gunturi Naga Sridhar

-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...

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In Punjab, migrant paddy workers reap unlikely harvest -Aman Sethi

-The Business Standard   How a law to conserve groundwater led to a better paid and better organised migrant workforce Ludhiana: For some years now, Punjab's fields have lain fallow through the searing dry heat of May; but come June's steamy humidity, small bands of lithe, slender men from Bihar fan out across the waterlogged paddy fields, transplanting rice saplings with fluid efficiency. Bihar's paddy planters have frequented Punjab since the 1960s when rice...

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