Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
More »SEARCH RESULT
Niti Aayog vindicates UPA's claims on poverty alleviation -Pranav Mukul
-The Indian Express The Niti Aayog's report, submitted before the United Nations, acknowledges that anti-poverty programmes like the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) helped weaker sections of the society. Vindicating the UPA government’s stand on pulling people out of poverty, India’s Voluntary National Review Report on the implementation of Sustainable Development Goals to the United Nations has said that sustained growth of 8.3 per cent from 2004-05 to 2011-12,...
More »Why a price increase alone won't help farmers -Elumalai Kannan
-The Hindu Fundamental problems of crop and regional bias of MSP policy, govt. procurement and access to institutional credit need to be addressed. Agricultural distress is often viewed as a short-term phenomenon in which farmers look for support from various quarters on account of being unable to get a gainful return due to price crash, poor marketing facilities, rising credit burden, increasing cost of inputs and frequent occurrence of natural calamities. A...
More »A mango plantation in Jharkhand shows how MGNREGA can really empower rural families -Inayat Sabhikhi
-Scroll.in Instead of wages for a short period of time, the family running the project in Lanka village will create an asset for life. Mahavir Parhaiya’s household in the remote village of Lanka in Latehar district of Jharkhand is bustling with activity. They are busy working on setting up a mango plantation on what was once a barren plot near their house, under the Mahatma Gandhi National Rural Employment Guarantee Act...
More »Tribals want govt to scrap 1979 order denying sterilisation access -Dipankar Ghose
-The Indian Express Baigas in court against order issued by govt of undivided MP Achanakmar: “THAK GAYI (I am tired),” says Ranichand Baiga, 26. She was married at 15, and in a tribe where non-surgical contraceptives are still unheard of, has since had eight children. Two, she says, died of illness. On her arm, outside her one-room home in the core zone of the Achanakmar Tiger Reserve, is her youngest son, Surya,...
More »