-The Telegraph Demand for work under the MGNREGA was at its highest in the 2018-19 fiscal The job crisis has deepened and become more commonplace during the last five years, according to officials familiar with employment data. Consider this: Demand for work under the national job scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), was at its highest in the 2018-19 fiscal. Started in 2006 to provide a fallback employment source to...
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The self-employment conundrum -Arindam Gupta
-The Telegraph Funding small Entrepreneurs will require more bank loans, preferably collateral-free, which will generate more NPAs The government has been compelling banks to adopt a softer lending policy to promote self-employment. The Pradhan Mantri Mudra Yojana, launched in 2015, provides collateral-free loans to small Entrepreneurs outside the farming sector in three categories: Rs 50,000 loan in the ‘Shishu’, Rs 5,00,000 in the ‘Kishore’ and Rs 10,00,000 in the ‘Tarun’ segments respectively....
More »Food for thought for the new govt -Siraj Hussain
-The Hindu Business Line Given the ballooning costs of storing grain, there is an urgent need to cut down excessive procurement of rice and wheat In 2018-19, wheat procurement at 35.8 million tonnes (mt) was the second highest ever. It is estimated that by the end of kharif marketing season in September, rice procurement may also touch an all-time high of 45 mt. With such high procurement, one of the first difficult...
More »The humble gourd is falling out of favour -Deepanwita Gita Niyogi
-Down to Earth Gourd has sculpted the culture and traditions of rural India for ages A mellifluous tune breaks the silence as I trudge through a forested hill in the Baiga heartland of Dindori district in Madhya Pradesh. At places the music fuses with the gurgling sound of Burner, a tributary of the Narmada river, and becomes even more enchanting. Entranced, I start following the melody and reach a hut where...
More »Arvind Kejriwal flags off 200 sewer cleaning machines
-PTI The machines have been provided to skilled manual scavengers making them ‘sani-Entrepreneurs’, officials said. Delhi chief minister Arvind Kejriwal flagged off a fleet of 200 sewer cleaning machines in New Delhi on Thursday. The machines have been provided to skilled manual scavengers making them ‘sani-Entrepreneurs’, officials said. “It is a historic day for Delhi to start this initiative and ensuring safety and dignity of human life. These machines will put an end to...
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