-The Pioneer Ranchi: Tuesday would be a proud moment for Jharkhand when officials of the State would share the mechanism, which is said to have helped in implementing the world’s largest pro-poor scheme — Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) — successfully. The State has been selected alongwith two others to showcase its success in arresting the menace of delayed payment, often blamed for suffocating the rural job scheme. The moment came...
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From Plate to Plough: How to expand inclusion -Ashok Gulati & Prerna Terway
-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
More »RBI asks banks to extend loans to women SHGs at 7% rate
-PTI Mumbai: The RBI today asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...
More »92% of India’s adult population have Aadhaar -Mahendra Singh & Rajeev Deshpande
-The Times of India NEW DELHI: Around 92% of India's adult population above 18 years has acquired valid Aadhaar numbers as on Wednesday, the significant landmark enhancing the case for linking the unique identity scheme to disbursal of benefits under welfare programmes run by the Centre and states. The Unique Identification Authority of India's (UIDAI) achievement means that a very large majority of India's adult population is in a position to...
More »A harvest-time gift -Ashok Gulati
-The Indian Express New crop insurance scheme is welcome. Its litmus test: Whether crop-damage assessment can be done within two weeks of the extreme weather event and compensation paid a week after that The Narendra Modi-led government needs to be complimented for taking the first major step to revamp the crop insurance system to address the increasing distress in Indian farming. With back-to-back droughts, and unseasonal rain and hail in certain...
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