-PTI Asking party workers to reach out to SCs, STs and women, Finance Minister Arun Jaitley on Saturday said the government would soon launch a ‘Stand-up India’ scheme to provide Loans of up to Rs. 1 crore to help members of these communities become big entrepreneurs. “In the next few days under ‘Stand Up India’ scheme, every bank branch will provide Loans of up to Rs 1 crore to one SC/ST and...
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New crop insurance scheme will cover 50% of farmers: Jaitley -Deepa Nair
-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the crop insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...
More »Women take solar lights to the fields -Tanushree Gangopadhyay
-CivilSocietyOnline.com Ahmedabad: For nearly two years, the mosque in a village in Kashmir would be enveloped in darkness when the sun dipped. It had no electricity. A woman equipped with the requisite training from the Self Employed Women’s Association (SEWA) offered to light up the mosque with solar lights. But the men would not allow it. Lighting up the mosque is not a woman’s job, they said. After much persuasion, the maulvi...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
More »India must fight US-WTO designs to block growth of solar energy -Raghu
-People’s Democracy In the last week of February, a panel set up by the WTO’s Dispute Settlement Body ruled against India on a complaint by the US in early 2013 that India’s Domestic Content Requirement (DCR) for some solar power projects violated WTO prohibitions on measures that result in “less favourable treatment” of international trade partners. The panel was ruling on an appeal by India in response to the original injunction...
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