-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...
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DU students helping transgenders earn livelihood and respect -Heena Kausar
-Hindustan Times A group of Delhi University students is arranging professional training for over 20 transgender people to help make them financially independent. The group of students from Ramjas College have roped in experts to train members of the transgender community in jewellery making under a project called ‘Transcreation’. “We contacted some NGOs who work with transgender community and started working with them. We want to empower the community and for that the...
More »High value transactions by politicians under FIU scanner -Appu Esthose Suresh
-The Indian Express The FIU generated 17 suspicious transaction reports (STRs) related to PEPs in the last one year. The Financial Intelligence Unit (FIU) has stepped up its surveillance on high value transactions by politicians, senior bureaucrats and their immediate relatives who fall under the “politically exposed persons” (PEP) category. According to sources, the FIU generated 17 suspicious transaction reports (STRs) related to PEPs in the last one year. All these cases...
More »In 5 star Bengaluru hotel, Dalits show they have arrived -Sudipto Mondal
-Hindustan Times Bangalore: He wore a crisp white shirt with matching trousers, a golden wristwatch and lots of gold jewellery. And yet, Bhimsen (name changed) hesitated before stepping inside the vast doors of the five-star hotel. A bellhop rushed towards him eagerly and ushered him into the banquet hall where the Dalit Samrakshana Samithi (DSS) was holding a seminar on Monday on BR Ambedkar's contribution to modernising India. The event at the...
More »How loan sharks pull poor farmers into a debt trap -Naheed Ataulla & Anand J
-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
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