The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...

Nearing the four crore mark in providing jobs under MGNREGA , re-launching the Provision of Urban Amenities in Rural Areas scheme and reinforcing social audit in programmes on complaints of irregularities were the foremost tasks of the rural development ministry in 2010. While 3.9 crore households were provided employment, the share of women beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Act went up to 51 per cent, with...

A lack of toilets and poor hygiene practices in India cost Asia's third largest economy almost $54 billion every year, the World Bank said on Monday. Premature deaths, treatment for the sick, wasted time and productivity, as well as lost tourism revenues, are the main reasons for the high economic losses, the bank said in a report. "For decades, we have been aware of the significant impacts of inadequate sanitation in India,"...

Labour Minister Harish Rawat says the government is confident of creating 58 million additional jobs by the end of the 11th Five Year Plan in 2012 thanks to the smart recovery in the farm sector and its resultant impact on the rural economy. "Agriculture has responded very positively. With economy poised to grow at nine percent in this fiscal year, we will be able to meet the target," Rawat told...

More public private partnerships are needed to create opportunities for the rural population India might have created its mark in the services sector — especially in information technology — on the global map, but the development of the rural sector still has a lot of ground to cover. Discussing how to innovate rural entrepreneurship towards employment at the India Economic Summit, various speakers called for increased public private partnerships to create...