-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...
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In poor health -Nandita Murukutla
-The Indian Express Reducing preventable disease should be a developmental priority. Government needs to invest in a healthier future. Indians are famous for our savings mentality. The 2014 Towers Watson Global Benefits Attitude Survey found that Indians had the second-highest savings rate, after the Chinese. We save for a variety of reasons, to create a safety net and to yield returns in future. While there is a time to save, there...
More »Social Safety nets require more public funding
The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
More »Ragi acreage set to expand on policy push -Vishwanath Kulkarni
-The Hindu Business Line Health-conscious consumers, value-added products seen boosting consumption Bengaluru: Apart from the rising awareness of nutritive benefits, the policy push being given by Karnataka – the largest ragi producing State – is set to see the acreage under finger millet (ragi) grow considerably in the years to come. Higher MSP The Karnataka government has procured over one lakh tonnes of ragi at ₹2,000 a quintal last year (includes a bonus of...
More »Chuck the BPL card -Mihir Shah
-The Indian Express SECC opens the door to step away from the poverty line as a criterion for government benefits. The Government of India has just released data from the Socio-Economic and Caste Census (SECC) 2011. It is perhaps the most ambitious exercise of this kind ever conducted in human history. The SECC 2011 has three parts: census of rural India, conducted by the Union ministry of rural development (MoRD), census...
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