Idhar Udhar Exclusive: Why Modi is disaster for India?

Read full article here which is exposing the Modi's speech in parliament

People of India have elected Narendra Modi with the hope and it was clearly reflecting in the big mandate that BJP got in recent lok sabha polls. But, Modi is already proving a disaster for the nation on every front. Inflation is reaching a sky high and Pakistan & China also showing eyes to India everyday. While, many tainted ministers in Modi's cabinet have also dented the image of government.

Idhar Udhar Exclusive: After rail fare, Modi government set to hike gas prices

Read full report here  to know the impact of gas price hike on the common man

Modi government is planning to hike gas prices after the highest ever price hike in rail fare.

Acche din: Power tariff hike awaits Delhi

Read full report here

The goods promised by Narendra Modi are proving to be a nightmare for the common man. Delhi, who is struggling with power cuts of up to six hours, will now see the hike in power tariff.

Mehenge din aa gaye: Up to 400% rise in vegetable prices

Click here to read the commodity-wise price 

Acche din promised by Narendra Modi have become mehenge din for the people of India. It's get difficult for the housewives to run their kitchen as vegetable prices are seeing the increase of up to 400%. The inflation will only be increased due to hike in railway freight charges. As if hike in rail fare and freight was not enough, start preparing yourself for hike in petrol and diesel prices due to Iraq crisis and weak rupee.

Modi drops inflation bomb, big hike in rail fare and freight charges

Modi government has bring sad news for the train passengers as rail fare has been heavily increased. Read full report here to know the hypocrisy of Modi and impact on this on your pocket.

Acche din: Rajnath Singh’s Delhi police busy in finding stolen kathal

After searching the stolen buffaloes of Azam Khan, police got another interesting task. Read full report here

Where is Modi Ji's 56-inch chest? Chinese helicopter entered Indian border

In an another setback to Modi's diplomacy with India's neighbouring countries, China  is continuing its unholy antics. Click here to know how dragon shown eye to India yet again.

Acche din: Onion set to smash record breaking century

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Acche din aa gaye, ab bijli ke baad Modi Ji pyaj bhi kha gaye(Good days arrived as Modi Ji ate onion as well after electricity)

Acche din has begun as India bowled out Bangladesh on just 58 runs: Narendra Modi

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Indian Prime Minister Narendra Modi has lashed out at his critics after India's sensational win over Bangladesh in a low scoring encounter of the Sahara Cup's second ODI. Having faced the criticism for not being able to deliver acche din(good days) as he promised in his election campaign, Modi has a suggestion for those who are not being able to see acche din.

Acche din: Students and principal booked for comparing Modi with Hitler and Laden after BJP's protest

Four students of a government polytechnic at Kuzhoor and three others, including its principal, were on Tuesday booked by police for featuring in their college magazine a snap of Prime Minister Narendra Modi under a list of "controversial faces" along with Adolf Hitler,George W. Bush, Osama bin Laden and a few others.

The campus magazine for 2013-14 was released on June 4 and one of its pages titled 'negative faces' featured a photograph of Modi.

The FIR had been registered against four students, linked with the magazine, its Principal M N Krishnan Kutty, staff Editor Gopi and the owner of a printing press for offences under Indian Penal Code (IPC) including concealing blueprint to commend offence, provoking, punishment for slander and printing matter known to be defamatory.

The college magazine for 2013-14 was released on June 4 and one of its topics titled 'negative faces' included a picture of Modi.  Others figuring in the magazine include, sandalwood smuggler Veerappan, LTTE supremo V Prabhakaran, Adolf Hitler, Al-Qaeda chief Laden and George W. Bush , police said.
They said the case was filed on a complaint by a social worker Subash.

The magazine was brought out by a team of college editors of the organization, whose student union is run by a pro-Left campus group.
The polytechnic authorities indicated that the magazine would be withdrawn because it has fueled a storm.
Local BJP workers organized a protest and burnt copies of the contentious magazine.

Idhar Udhar Exclusive: Acche din of whom? Anti-farmer Modi sarkar to increase interest rate on KCC loan

Farmers will have to pay more interest on the Kisan Credit Card(KCC) loan as Modi-led NDA government has withdrawn the consumption credit from KCC. Banks will charge 11 to 14% interest on the amount of this loan. In this case, farmers will be required to pay 7% interest on 80% loan and 14% interest on the remaining 20% loan. About two thousand crore burden of interest has increased on the farmers.

After Indian government's order, NABARD  chief general manager AD Ratnoo has issued the instructions. It has been told that bank will claim subsidy on the crop credit. But farmers are in the dilemma for the calculation of more interest as no proper information has been given by bankers. The credit of 1,01,090 crore was given to the 10 cr 83 lakh farmers in the country. While, credit of 7560 cr was given to the 71 lakh 73 thousand farmers of Rajasthan.

According to the bank officials, the limit of KVC loan was used to be decided on the basis of six points. Crop loan is decided on the basis of production and land. The 20% of crop loan has been included in consumption(for the maintenance of pump, dairy and other requirements) loan. Like this, KCC loan has been divided in two parts - crop and consumption. RBI has abolished the concession in the interest of KCC's similar consumption.


Review of KCC due to increase in expenditure
RBI has reviewed the KCC due to rise in the expenditure of concession on KCC loan. The findings of review revealed that financial burden has increased due to the concession of 5% on the KCC.

No option for leaving the consumption loan
Farmers who have already taken the KCC from bank have no option to left consumption loan as consumption and crop loan is combined in the old accounts of KCC. Now, banks are imposing different interests on 80% and 20% loan. Whereas, new farmers want to repay the consumption loan. However, banks also have no clear guidelines from the headquarter regarding this.

Concession in interest upto three lakh
KCC loan can be approved upto Rs three lakh . Nine percent interest rate on this loan in actual. The 2% loan is collected from government and remaining 7% from farmers. The government  gives three percent concession to the farmers who deposit the credit back on time once in a year. That means, farmers gets KCC loan on four percent interest.

The mathematics of concession on the KCC of one lakh Earlier Loan: One lakh rupee Interest: 7000 Rs(7% annually) Concession: 3000 Rs(for depositing the installement on time) Actual amount farmer had to pay: 4000 Rs Now Crop loan: 83000 Rs Interest: 5810 Rs(7% annually) Concession: 2490 Rs(for depositing the installment on time) Actual amount farmer had to pay: 3320 Rs Consumption loan: 17000 Rs(on the general interest rate of bank. Such as 13%) Interest:2210 Rs Concession: Nothing Actual amount farmer had to pay: 2210+3320=5530 Rs

                                                                 

 

Nationwide scenario (Source: RBI and NABARD)
State	KCC	Loan
Andhra Pradesh	18792383	20 cr
Maharashtra	9371583	10150 cr
Tamil Nadu	7782876	9840 cr
Madhya Pradesh	7764282	6320 cr
Rajasthan	7113447	7560 cr
Karnataka	8560044	7200 cr
Orrisa	6370481	1000 cr