-The Indian Express The Mudra Yojana was launched in April 2015 to provide funding to the non-corporate small business sector through various financial institutions like banks, NBFCs and Micro Finance Institutions (MFIs). The government’s constant refrain has been that its flagship Mudra scheme is an engine for entrepreneurship and employment. A survey by the Labour Ministry, yet to be made public, offers a reality check: just one out of five beneficiaries...
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A fruitful time for migrant labourers -Sarita Brara
-The Hindu Business Line The apple season in Himachal Pradesh spells good earnings for workers from India and Nepal It is apple season in Himachal Pradesh — the time of the year when thousands of migrant labourers from Nepal, Bihar, Jharkhand, UP and Uttarakhand travel long distances to reach the apple belt of the State, hoping to earn hefty wages. From plucking, loading, grading, labelling and packaging apples, these workers fan out, from...
More »Savings, investment will improve economy: Rangarajan
-The Hindu The former RBI Governor says even if India became a $5 trillion economy by 2025, it would retain the same classification as its population would have touched 1.4 billion If the government wanted the economy to grow fast then it should act on savings and investment rates, said C. Rangarajan, former governor of Reserve Bank of India. He was speaking at the inauguration of a two-day international conference on contemporary practices...
More »PM fulfils promise, 8 crore poor families get LPG before deadline
-The Times of India NEW DELHI: Prime Minister Narendra Modi will on Saturday fulfil, seven months ahead of schedule, his government's promise to help women in eight crore poor households breathe easy by replacing their smoky 'chulhas' (earthen ovens) with LPG connection and stove free of cost. The PM will hand over the connection number eight crore under his government's transformational social sector scheme - Pradhan Mantri Ujjwala Yojana, commonly referred to...
More »130 wetlands to be restored on priority
-The Times of India NEW DELHI: Underlining the importance of wetlands not only as a source of water but also as ecosystems that prevent land degradation and desertification, the Centre has identified 130 wetlands for priority restoration in the next five years and asked states to submit their respective integrated management plan by October 15. The highest number of such identified wetlands are in Uttar Pradesh (16) followed by Madhya Pradesh (13),...
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