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RBI asks Banks to extend loans to women SHGs at 7% rate

-PTI   Mumbai: The RBI today asked Banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...

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Community kitchens: An idea whose time has come -Reetika Khera

-Scroll.in Institutions that provide cheap or free meals are not mere populism – they are vital for the food security of people on the margins. My first experience of a “community kitchen” was in Brazil where we were taken to try out a meal at the Popular Restaurant in Lauros de Freitas. The serpentine queue outside it surprising initially, seemed entirely unexceptional once we had been served: for one real (approximately Rs...

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Stable tenancy law will curb farm suicides: Secretaries’ panel -Dipak K Dash

-The Times of India NEW DELHI: Identifying "informal tenancy" as one of the main reasons behind farmer suicides since many don't get farm credit and crop insurance, a group of secretaries has suggested the government come out with a model tenancy law. Such a law will protect the tenants as they will get access to loans from Banks and financing agencies and it will also end the fear of original owners...

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Here is why farmers' rights groups are unhappy with PM Modi's insurance scheme for them -Yogesh Pawar

-DNA Widespread damage and loss of the Kharif crop in 2015 due to drought served to highlight the insecurity of the Indian farmers in the face of various challenges beyond their control: drought, hailstorms, unseasonal rains, cyclones, wild animals, epidemics and seed or technological failures, among others. Farm rights movements across the country have rubbished the Pradhan Mantri Fasal Bima Yojna (PMFBY) calling it “a dressed up version of existing crop insurance...

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A harvest-time gift -Ashok Gulati

-The Indian Express New crop insurance scheme is welcome. Its litmus test: Whether crop-damage assessment can be done within two weeks of the extreme weather event and compensation paid a week after that The Narendra Modi-led government needs to be complimented for taking the first major step to revamp the crop insurance system to address the increasing distress in Indian farming. With back-to-back droughts, and unseasonal rain and hail in certain...

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