-TheWire.in The ‘Goat Bank of Karkheda’, started by agriculturist and educationist Naresh Deshmukh in Akola district, has helped many women overcome their debt-ridden life. Mumbai: Pratibha Patil’s family has come a long way. Just two years ago, as landless agricultural labourers in Sangavi Mohadi village in Akola, Patil and her husBand toiled for over nine hours on the land of the rich to earn their collective sum of Rs 350 per day....
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SBI signs master agreement with Adani Capital for co-lending to farmers
-The Hindu Business Line To target farmer customers in the hinterland looking for adoption of farm mechanisation State Bank of India (SBI) has signed a master agreement with Adani Capital for co-lending to farmers for purchase of tractor and farm implements, to increase efficiency in farm operations and productivity of crops. Adani Capital is the non-Banking finance company (NBFC) arm of Adani Group. Please click here to read more. ...
More »India’s informal economy has not shrunk -Santosh Mehrotra and Kingshuk Sarkar
-The Hindu An SBI Research study’s claim that there is greater formalisation of the economy is unfounded According to a recent State Bank of India (SBI) Research report, the informal economy in India has been shrinking since 2018. Formalisation, the report says, has taken place through the gross value-added (GVA) route, consumption through increased digital payments, and the employment route. Let’s examine each of these. The report claims that the share of the...
More »Forced migration: Lack of global political will poses challenge for proper response, says report -Madhumita Paul
-Down to Earth By the end of 2020, 86 per cent people displaced across borders lived in countries with developing economies. Forced displacements need more equitable and predictable responses, for which the global community needs to show more political will, a new report has flagged. Three years after the launch of the Global Compact on Refugees (GCR), the international community has yet to deliver on its promise to better share responsibility for...
More »Crop insurance claims over Rs 3,300 crore pending due to payment failure, delay in state subsidy -Shagun Kapil
-Down to Earth Farmers belonging Jharkhand, Karnataka, Telangana, and Maharashtra have the highest amounts pending under insurance claims Over Rs 3,300 crore is pending in payment to farmers across India in crop insurance claims since 2018-19 under the government’s flagship crop insurance scheme, due to ‘payment failure’ and delay in state subsidy. An amount of Rs 3,372.72 crore out of claims worth Rs 66,460 crore in the last three years under the Pradhan...
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