-The Times of India NEW DELHI: The Centre will pursue more mergers in the state-run banking space as the aim is to have a handful of strong and bigger banks of international level, finance minister Arun Jaitley has said. "Today banking is not what it used to be 10-20 years ago... Is it necessary to have 30-32 public sector banks, some of them weak? Obviously not. What will you do with...
More »SEARCH RESULT
Total Matching Records found : 1678
The hazards of farm loan waivers -Tanika Chakraborty and Aarti Gupta
-Livemint.com Research provides evidence that a blanket farm loan waiver scheme is detrimental to the development of credit markets The Bharatiya Janata Party (BJP) won the 2017 state elections in Uttar Pradesh with a thumping majority and once again, the state government has a debt-waiver package ready to be implemented. The BJP’s electoral manifesto had committed to write off Loans of small and marginal farmers, which would approximately cost the government Rs37,000...
More »Maharashtra: Can pledge loan scheme help tide over 'tur' crisis? -Abhiram Ghadyalpatil
-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge Loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge Loans are Loans secured by farmers from banks against their farm produce deposited at a warehouse. Timely government intervention...
More »Rs 20,000 in bank accounts to be rural poverty barometer -Subodh Ghildiyal
-The Times of India NEW DELHI: A gram panchayat's success in reducing poverty will be judged by the number of households with over Rs 20,000 in savings bank accounts or percentage of families with Aadhaar-linked bank accounts. Or, by the percentage of its households which have availed over Rs 20,000 as bank credit. Interestingly, higher the number of households with bank Loans for "diversified livelihood", the better the village would be assessed...
More »What the Data Tells Us About 'Sabka Saath, Sabka Vikas' -Anamitra Roychowdhury
-TheWire.in The Modi government has struggled to achieve success on crucial development fronts such as farmer incomes and job creation. Public memory in India is amnesic. Still, it is difficult to forget that Narendra Modi rode to power in 2014 on the plank of promoting development, aptly captured by ‘Sabka Saath Sabka Vikas’. This is not a novel idea in itself as others too have tried to win over voters adopting similar...
More »
