-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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Woes of the farmer -Jaydev Jana
-The Statesman Agriculture is the source of livelihood for nearly 700 million people in India, representing a huge workforce. More than half the GDP of the rural economy is based on agriculture. It is not just a profession but a traditional occupation, a way of life. Agriculture is characterised by small and fragmented land holdings. Small (up to one hectare of land) and marginal (more than one ha and up to 2...
More »Aruna Roy and Nikhil Dey, Right to Information activists interviewed by Bincy Mathew
-The Hindu Aruna Roy and Nikhil Dey speak about the MKSS experience and their campaign for citizen-centric accountability. The Mazdoor Kisan Shakti Sangathan was founded in Bhim on May 1, 1990 with the aim of organising people at the grassroots. By addressing issues of minimum wage and land and reading out official records, thereby exposing the enormous corruption in the system, it mobilised peasants and workers in rural Rajasthan. A dharna held...
More »Mr. Modi’s war on welfare -G Sampath
-The Hindu The Modi government is determined to dismantle the two-pronged welfare paradigm. It is now an established fact that one area where the Narendra Modi administration has acted with a sense of purpose, urgency and resolve is in slashing social expenditure. Be it education, health, agriculture, livelihood security, food security, panchayati raj institutions, drinking water or the Scheduled Castes/Scheduled Tribes sub-plan, central government funds earmarked for social protection have been cut. The...
More »Alternative to govt doles
-The Telegraph Standard model: The state provides a poor woman employment for 58 days a year, under the 100-day job guarantee scheme, at (Bengal's) daily wage rate of Rs 169. Cost: about Rs 20,000 over two years. Alternative: The state provides her an asset - maybe a small grocery - teaches her to run it and monitors her progress while giving a daily stipend for her consumption needs and ensuring basic healthcare...
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