-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...

-Business Standard Even as country stares at a possible drought, Mahatma Gandhi National Rural Employment Guarantee Scheme has hit a new low At a time when rural India is in distress, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which could have provided some relief, is itself facing its worst period ever. The number of people working under the scheme and the amount of work provided is dwindling, and the trend...

-PTI NEW DELHI: The number of workdays being provided under the rural job flagship scheme MGNREGA has registered a decline, Lok Sabha was informed today. Minister of State for Rural Development Sudarshan Bhagat, in a written reply to Lok Sabha, said "there has been a decline in the number of persondays created in 2014-15." "MGNREGA is a demand driven programme and the demand for work itself is influenced by various factors such as...

-The Tribune Modern farming techniques beyond the grasp of small & medium farmers Analyses of agrarian troubles in India are full of tragedy. The tragedy lies in two parts. In the first part is the sad story of a farmer who was distressed enough to commit suicide. In the second part is the outrageous behaviour of many bystanders who, in the name of being well-wishers of farmers, use the funeral fires not...