-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...
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Crumbs on the plate -Harsh Mander
-The Hindustan Times It now seems increasingly unlikely that Parliament will consider the National Food Security Bill during this budget session. In a land which for centuries suffered devastating famines, where chronic hunger continues to stalk more than 200 million people, and which is home to every third malnourished child on the planet, this would be one more sad betrayal of the country's indigent millions, a reminder of how little they...
More »Climate change meeting begins in Bonn -Indrajit Bose
-Down to Earth New deal must not attempt to rewrite or reinterpret the Convention, say developing countries The second session of the ADP, acronym for Ad hoc Working Group on Durban Platform, began in Bonn on April 29, 2013. At the opening session, countries outlined their positions on what they expect of the global deal on climate change, to be decided in 2015 and which will be implemented from 2020. The ADP, which...
More »Under regulator’s nose-Indrani Dutta
-The Hindu Chief Minister Mamata Banerjee may be sleeping easy as she has "settled all the issues at hand" on the Saradha scam. Saradha Group promoter Sudipto Sen has been booked and a Rs. 500-crore kitty has been created to make refunds to the depositors. However, no one is clear just how the refunds would be made and whether existing laws permit it. Mr. Sen's bubble may have burst. But the travails...
More »A count that just does not add up-A Srivathsan
-The Hindu Imprecise estimates of slums in the 2011 census could affect welfare programmes for least privileged groups The recently published census 2011 report on housing stock, amenities and assets in slums, the first of its kind in the country, reassuringly announced that the number of urban slums has declined and the percentage of households in slums has dropped from 23.5 (2001) to 17.4. On the face of it, this reduction appears...
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