-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...

-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...

-Frontline Odisha shows the way in the implementation of the ICDS scheme to ensure that children receive nutrition and care in their earliest years, but the Centre’s moves to slash budgetary allocations could wreak havoc on such programmes. At the Tasarda anganwadi centre in Odisha’s Mayurbhanj district, as the auxiliary nurse and midwife (ANM) pulled out the blood pressure (BP) instrument to check a pregnant woman, the children at the anganwadi began...

-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...

-The Hindu Although the SECC’s objectives are not likely to be met, it is a big step towards providing accurate information on the well-being of the people. The release of data for rural households from the Socio Economic and Caste Census (SECC) is only the latest step in India’s tortured history of trying to count its poor. The idea behind the SECC was technocratic. Commissioned by the United Progressive Alliance in 2011,...