-Bloomberg The corpse of Indian farmer Bengali Singh burned to ash atop a blazing funeral pyre on the banks of the river Ganges in 2006. Five years later, the dead man was recorded as being paid by India's $33 billion rural jobs program to dig an irrigation canal in Jharkhand state. Officials in his village and the surrounding region used at least 500 identities, including those of Singh, a disabled child of...
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Rural youth nurse driving ambition to make it big in cities: Government survey -Dilasha Seth
-The Economic Times The government wants to train the rural youth to take up manufacturing jobs, but an official survey has shown that nearly a fifth of youth in the countryside enrolled for vocational training opted to learn driving or become car mechanics in the hope of earning a decent salary in cities. Computer training was the second-most desired skill among the rural youth, shows a report based on the National Sample...
More »Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan
-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...
More »Khadi dept to provide jobs to rural women -Himanshu Nitnaware
-The Times of India AURANGABAD: The khadi and paithani department of the Mahatma Gandhi Mission (MGM) trust is planning to spread its wings in rural areas of the state by employing women to operate handlooms in Akola district and its neighbouring four villages. The objective behind this initiative is to promote and popularize khadi among youth. Through this mission, the department has come up with the idea of producing khadi jeans to...
More »Rural folks driving own economy with self-sustaining models -Rupali Mukherjee
-The Times of India MUMBAI: Indian villages are powering their own economy, but contrary to conventional belief , it's not government largesses which are the drivers, but their own self-sustaining models. Growth at the bottom of the pyramid is at unprecedented level, and the transformation is stark. The factors driving this transformation are dramatic improvements in rural roads, electrification, cell phones and water supply which are raising wages and increasing job opportunities...
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