-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...

-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...

-PTI According to rural development ministry, there are no preconditions for getting employment under the scheme. New Delhi: The Centre is taking steps to ensure timely payment of wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), out of which 85 per cent of wages have already been paid this fiscal, an official statement said. According to the statement released by the rural development ministry yesterday, there are no preconditions, including...

-CivilSocietyOnline.com Vikas Gando Thayo Chhe" which means ‘development has gone mad’ is a super hit song these days in Gujarat. In the just concluded garba festival, this song was hugely popular throughout Gujarat. The song became popular even before Prime Minister Narendra Modi celebrated his birthday on 7 September by declaring completion of an incomplete Sardar Sarovar Project (SSP), heaping totally unnecessary, unjustified and unjust displacement on 40,000 families in the...

-Down to Earth New laws to regulate sand mining have not had much impact Illegal sand mining is a perennial problem in India. But it assumes gargantuan proportions right before the onset of monsoon because swollen rivers make extraction extremely difficult during the rainy season. To make most of the lean period, mine owners and hoarders try to dig out as much sand as possible, through legal and illegal means, in...