-Hindustan Times New Delhi: Out of 34 financial advisers representing different ministries and departments who held budget discussions, 50% were women, sources said. Seventeen women officials held discussions with finance secretary RP Watal along with other senior members in his team, according to sources. In 2012-13, there were just eight women financial advisers, and in 2014-15 there were 11. Financial advisers, who typically operate as chief finance officers of their ministries, are responsible for...
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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...
More »Modi government plans schemes for rural youth, women groups -Sanjeeb Mukherjee & Archis Mohan
-Business Standard To be announced in next few weeks and in coming Budget To widen its rural push and to counter the Opposition's allegation that the Bharatiya Janata Party (BJP)-led government is anti-poor, the Centre is mulling multiple interventions which would include expanding the role of women-driven self help groups (SHGs) and promoting self-employment for rural youth. Some official said the new crop insurance scheme, approved by the Cabinet recently is part of...
More »Stable tenancy law will curb farm suicides: Secretaries’ panel -Dipak K Dash
-The Times of India NEW DELHI: Identifying "informal tenancy" as one of the main reasons behind farmer suicides since many don't get farm credit and crop insurance, a group of secretaries has suggested the government come out with a model tenancy law. Such a law will protect the tenants as they will get access to Loans from banks and financing agencies and it will also end the fear of original owners...
More »Is new crop insurance panacea for all ills? -K Venkateshwarlu
-The Hindu Crop insurance has always been a knotty issue with the two previous ones, National Agricultural Insurance Scheme (NIAS) of 1999 and the Modified NAIS of 2010 failing to address the concerns. Hyderabad: Agriculture scientists, NGOs and farmer leaders have picked holes in the recently launched Pradhan Mantri Fasal Bhima Yojana (PMFBY) touted as the much-awaited ‘suraksha kavach’ (shield) and panacea for all crop insurance related ills. Crop insurance has always been...
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