-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...
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The slaughter of suicide data -P Sainath
-Frontline Changing the way you count changes the count. THE total number of farmer suicides in the country since 1995 crossed the 3,00,000-mark in 2014. However, the 2014 data are not comparable with 19 earlier years of farm suicide data. This is because of major changes in the methodology of the National Crime Records Bureau (NCRB). With the new parameters, the number of farmer suicides in 2014 falls to 5,650. That is...
More »Properly used, Jan Dhan Yojna could lessen farmers' suicides
-Hindustan Times For a country that is set to be ranked among the world’s top five economies over the next decade, India cannot afford to be counted as a home for impoverished farmers who are ending their lives because they do not have the money to return loans as small as Rs 10,000. According to the National Crime Records Bureau (NCRB) data, 5,650 farmers committed suicide in India last year. Bankruptcy and...
More »‘Housing for all’ Shelter scheme to exclude rental plan -Shalini Nair
-The Indian Express As per the earlier proposal, the Centre was to provide for 75 per cent of the construction cost of rental units. As Prime Minister Narendra Modi unveils the ‘Housing for All’ by 2022 on Thursday, rental housing, proposed with an outlay of Rs 6,000 crore, will now be missing from the NDA government’s flagship shelter mission. According to officials, the mission originally had provisions for creation of urban rental...
More »₹1-lakh cr to be disbursed under MUDRA for micro-entrepreneurs -Shishir Sinha
-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...
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