-NDTV There is the reality of a farmer's suicide and then there are versions of this reality. Whether you choose to accept the farmer's context of poverty, debt and extreme risk, or deny it, often depends on the class and profession you belong to. Fields pockmarked with brown mounds create a surreal setting. At least nine suicides by farmers have been linked to the crisis in West Bengal's potato belt. Farmers have...
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PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs
-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...
More »Progressing, stitch by stitch -Usha Rai
-The Hindu Rural women sew their way to empowerment, thanks to the Silai Schools. Saroj Namdev, 36, of Satlapur village, Raisen district of Madhya Pradesh, is a housewife and mother of three. She struggled to provide her children food and education on her husband's small income. Then he lost his job and the family was reduced to penury. This pushed her out of her cocooned existence to become an entrepreneur. Saroj,...
More »PM targets 'lies' in broadcast to farmers -Radhika Ramaseshan
-The Telegraph New Delhi: Prime Minister Narendra Modi today used his monthly radio broadcast to reach out to farmers and defend the controversial land acquisition bill, asking them not to be misled by the Opposition's "lies". He denied that his government's intended amendments to the UPA-steered 2013 land law favoured corporate houses and would deprive farmers even of the right to move court against a takeover of their land. Modi's speech launched the...
More »Driven to distress -R Krishnakumar
-Frontline Kerala is facing a situation where health care costs are leading more and more people, not just low-income families, to financial distress. KERALA is once again drawing attention to itself, this time for a persistent trend of a large number of households being pushed into financial ruin because of the expenses incurred for medical care. Several studies have now found evidence for the many facets of this worrying development in a...
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