Farmers' suicide

Government enables farmers secure loan upto Rs 3 lakh at 4% interest through KCC scheme

In an intent to free farmers from the clutches of money lenders, the government introduced the Kisan Credit Card (KCC) scheme to enable farmers to secure loans up to Rs 3 lakh at a 4% interest rate on the condition of timely repayment. The government has set an estimate of Rs 20,000 crore which will be utilized to sanction loans to KCC cardholders. Mar 2, 2020

Amazon set to take on rivals Swiggy, Zomato in India's food delivery biz

With the food delivery business gaining maximum traction in India, Amazon is all set to foray into the space and take on rivals Swiggy, Zomato and others by launching exclusive brands in partnership with restaurants. The food delivery business will kickstart in Bengaluru first in March. Feb 27, 2020