Kharif Crop

Kharif Crop sowing crosses 563 lakh hectare area

Kharif crops have been sown in over 563 lakh hectare till date as against 521 lakh hectare last year. It is nearly 42 lakh hectare more than last year figure. 

Crop sowing data released by the Agriculture Ministry, reveals that the rice has been sown in over 125 lakh hectare which is about five lakh hectare more than the last year. Over 74 lakh hectare area has been covered under the cultivation of pulses which is more than 14 lakh hectare of the sown area under the crop last year.

The coarse cereals have been sown in over 113 lakh hectare, oilseeds in nearly 104 lakh hectare and cotton in over 90 lakh hectare.

Bank Merger

Government can do some more, merger, work on offer

In order to reduce the NPA and increase the mobility of the banks, the federal government is working on the proposal for the merger of some more banks. By which their number may decrease from 21 to 10-12. It plans to build 3-4 banks of global size. According to media reports, Punjab and Sindh Bank and Andhra Bank will continue to be independent entities and some medium sized banks will also be present.

Mumbai Businessman Suicide Because Of GST

Mumbai businessman suicide because of GST

Manish Pachchand Mehta, a 54-year-old textile businessman from Mumbai, who was hit by recession of GST, got himself upset and did suicide by jumping from 17th floor because of despair and anxiety. The incident belongs to the Octa Crest Society in Lokhandwala Complex under Samata Nagar Police Station.

According to Samata Nagar police sources, Mehta's wife told the police, "Manish was mentally disturbed. The textile market is cool in the rain anyway. Manish was very upset due to the impact of the textile industry on GST and demonetization imposed by the Modi government and the losses suffered by the cloth traders.