-The Economic Times NEW DELHI: The United Progressive Alliance government has drawn up a Rs 75,000-crore action plan that seeks to provide self-employment opportunities to seven crore households in rural India over the next 10 years. The programme, which intends to impart training to rural households for semi-skilled and skilled jobs, may help UPA garner some extra votes in the general elections due next year. "The model has already been tested in...

-The Business Standard Expenses such as employment guarantees and loan waivers are, in effect, subsidies that are classified differently in government accounts Over the last few years, the government announced many policy initiatives that purportedly help the weaker sections of our society. Schemes initiated under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) or the distribution of free and affordable food items under the National Food Security Act (NFSA) are examples...

-The Hindu To the long list of 28 public sector banks in India, one more was added with the inauguration of the Bharatiya Mahila Bank (BMB) on Tuesday by Prime Minister Manmohan Singh. The bank is unique in more ways than one. It will focus predominantly on women, apart from being staffed largely by them. To the BMB will go the distinction of being the first-ever public sector bank to...

-The Business Standard The structural changes in India's rural workforce Seldom in the past has the country's labour market gone through structural changes faster than it has in recent years. Apart from a sharp decline in the proportion of workers employed in agriculture, the perceptible withdrawal of women from the workforce is the most striking feature of India's labour market. Going by the numbers the census and the National Sample Survey Office...

-Outlook Patna: The Bihar government would bear the interest rate above 7 per cent on loans taken by Self Help Groups (SHGs), Chief Minister Nitish Kumar said today. The SHGs paying loan on time would be given incentive by providing loan at a lower interest rate of 4 per cent, Kumar said addressing a review meeting of "Jeevika" (Bihar state rural livelihood mission) here. Banks are at present providing loan to SHGs at...