-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...

-India Today Farmers along the Yamuna have claimed that Sri Sri's Art of Living Foundation forcibly acquired land from them for an event at a low compensation. New Delhi: This comes not from areas like Beed or Vidarbha where distressed farmers commit suicide every year, but the National Capital Region itself. While a mega-show has been planned for Sri Sri Ravi Shankar's Art of Living (AOL) Foundation event in farmland along the...

-Livemint.com These farmers belong to Wardha district, which is among the worst-hit by drought for two years in a row New Delhi: More than 100 farmers from a drought-hit district of Maharashtra asked the state government for permission to commit suicide, but decided not to take the extreme step after officials counselled them against it, the government has told Parliament. One hundred and nine farmers from Wardha district of Maharashtra—among of the...

-The Indian Express Central allocations for agriculture are less important than the state budgets. I took the night train to Delhi to participate in budget-day discussions and my co-passenger, who boarded the train in ravaged Punjab, asked me a simple question: “50 farmers are committing suicide everyday; will the budget end farmer suicides?” My answer was — and still is — “No.” The Union budget is just the government’s bookkeeping exercise...

-The Hindu Business Line It is not just about making matters easier for corporates. Distressed farmers can access relief under pressing circumstances The Insolvency and Bankruptcy Code (IBC) aims at improving the failing credit market situation in the country. A healthy credit market functions well where the debtor and the creditor have faith that their interests are recognised and protected under law. Failure to pay debt is a common occurrence but surprisingly, the...