-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...
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Nuke insurance pool set up
-The Telegraph New Delhi: A clutch of Indian public and private sector companies yesterday set up a nuclear insurance pool of Rs 1,500 crore needed for any compensation payments in the event of a nuclear accident, senior atomic energy officials said today. The nuclear insurance pool, with a contribution from a UK-based nuclear insurer, is expected to address concerns among international and domestic suppliers that India's civil nuclear liability law gives nuclear...
More »The Importance of Being 'Rurban': Tracking Changes in a Traditional Setting -Dipankar Gupta
-Economic and Political Weekly A categorical distinction is facing rough weather--that between urban and rural. If we take just agriculture, there is so much of the outside world that comes in not just as external markets but as external inputs. Further, many of our villages barely qualify as rural if we were to take occupation alone. So the earlier line that separated the farmer from the worker in towns is slowly...
More »Nabard Can Help Weather Rural Financial Distress -Charan Singh
-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...
More »Killing fields -AR Vasavi
-The Hindu Gajendra Singh Rajput from Dausa. Hargovind Harane from Vidarbha . Gosai Patra from Bardhaman. Why did these farmers take their own lives? In the light of the burning issue of farmer suicides across the country, A.R. Vasavi looks at the plight of the marginalised cultivator. Basamma and her ailing husband have carried and spread their five sacks of ragi (finger millet) from their half-acre plot to the local tar road...
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