-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...
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Lifting of Iran sanctions boon for basmati -Dilip Kumar Jha
-Business Standard Export to Iran might hit a record high Lifting of global economic sanctions on Iran could, it is hoped in the trade, enable a new record for basmati rice export to that country from here in 2015-16. Iran is also expected to cut import duty on Indian basmati from 40 per cent now to 20 per cent from the new season, starting October. Our basmati export was a record 1.44 million...
More »Why poverty is development’s best friend -G Sampath
-The Hindu The ‘development’ discourse serves the same purpose as the colonial apparatus but without the bad press. After 67 years of failing to eliminate deprivation in India, is it time to look for new ideas? The Socio-Economic and Caste Census (SECC) 2011, which hit the headlines earlier this month, tells us that half the households in rural India are landless, dependant on casual manual labour, and live in deprivation. By suggesting...
More »Ragi acreage set to expand on policy push -Vishwanath Kulkarni
-The Hindu Business Line Health-conscious consumers, value-added products seen boosting consumption Bengaluru: Apart from the rising awareness of nutritive benefits, the policy push being given by Karnataka – the largest ragi producing State – is set to see the acreage under finger millet (ragi) grow considerably in the years to come. Higher MSP The Karnataka government has procured over one lakh tonnes of ragi at ₹2,000 a quintal last year (includes a bonus of...
More »Northeast heads 'unmarried' list -Andrew W lyngdoh
-The Telegraph Shillong: Rural areas in the Northeast have recorded a high percentage of unmarried people while the percentage of women-headed households is a little above the national average. According to the provisional data of the Socio-Economic and Caste Census, 2011, the percentage of people in rural Northeast who have "never married" is 47.42 per cent against the national average of 41.64 per cent. Among the northeastern states, including Sikkim, Nagaland has the...
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