-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...

-The New Indian Express BHUBANESWAR: Eminent agricultural economist Ashok Gulati on Monday emphasised on higher growth in agriculture sector for faster reduction of poverty. Addressing the second Odisha Knowledge Hub (OKH) lecture series on ‘Getting agriculture back on track in the growth agenda of the Nation and State’ at the Secretariat here, Gulati said the agriculture sector has the potential to grow at five per cent per annum as against the present...

-TheHansIndia.com The ongoing drought is fuelling distress migration from districts in Telangana, a trend that was witnessed in the early 2000s. The severe drought conditions for the second consecutive year have led to crop failure, mounting debts, chronic unemployment and failure of the NREGA scheme, especially in the districts of Mahbubnagar, Medak, and Adilabad, forcing large-scale exodus of farmers and others.   The fruits of a people’s movement and the world’s largest anti-poverty...

Although there is sufficient data and evidence available in the public domain to argue whether there has been halving of poverty between 1990 and 2015, the same cannot be said with conviction about the halving of hunger—one of the targets set under the erstwhile Millennium Development Goals framework (replaced recently by SDGs). This is because the recently released data by the National Family Health Survey-4 (conducted in 2015-16) and the...

-The Indian Express The budget is an opportunity for government to address the simmering discontent and disillusion in rural India. The first advance estimates of GDP growth, at 2011-12 constant prices, put the growth for FY16 at 7.6 per cent over the previous year. This is the highest growth rate in the first four years of the forgotten 12th Five-Year Plan. No wonder this makes the Narendra Modi-led NDA government somewhat...