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RBI asks banks to extend loans to women SHGs at 7% rate

-PTI   Mumbai: The RBI today asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...

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Touched by sight of barefoot schoolkids, Jalore collector takes up cause -Ashish Mehta

-The Times of India JAIPUR: Moved by the sight of some students coming to school barefoot in the chilly December weather, Jalore collector Jitendra Kumar Soni, a young IAS officer, started an innovative scheme aimed at providing free shoes to downtrodden and deprived children. Christened as 'Charan Paduka Yojna', the scheme aims at distributing shoes to nearly 25,000 school kids before the Republic Day this year. Soni, who hails from Dhanasar village near...

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Budget 2016: boost likely for job schemes -Arup Roychoudhury

-Business Standard Also for other proGramme impacting the non-urban economy, in the wake of two years of partial drought The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) seems likely to get its highest budgetary allocation since its launch a decade before. This allocation for 2016-17 could cross the previous highs of Rs 40,100 crore in the 2010-11 Budget and Rs 40,000 crore in 2011-12, by then finance minister Pranab Mukherjee. Actual spending...

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Land pooling looks fertile, but Dholera farmers not reaping benefits -Namita Kohli

-Hindustan Times A little over a 100 kms south from the city of Ahmedabad, in the lush green cotton fields, speckled with creamy white cotton buds, locals will regale you with stories of farmers who sold their land and got rich. There is one about a few farmers in a nearby village, who sold their land to a corporate and bought the “chaar bangle waali car” (referring to the Audi logo)....

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Tech tonic for the heart of India -Shubhranshu Choudhary

-The Hindu Gondi is the lingua franca of the Maoist movement today, but All India Radio does not broadcast even a single new bulletin in the language. One winter morning, in Barwani district of Madhya Pradesh, I was watching a group of Adivasi kids peering into their mobile phones. The early morning sun was mellow, and they were so engrossed that they did not notice me drawing near. “We are doing Bultoo...

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