-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...
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Other nations can emulate DBT scheme, says ADB-Ashok Dasgupta
-The Hindu "I think it is a great effort, we are learning a lot from India" Even as India's Direct Benefit Transfer (DBT) is yet to be fully implemented under its second phase, the government's flagship programme on distribution of entitlements to the poor came in for praise by the Asian Development Bank (ADB). At a media conference on Saturday on the sidelines of the ADB's ongoing annual meeting at Greater Noida near...
More »Sunny future -Sujay Mehdudia
-The Hindu As a sun-swept country, India should have been a pioneer in the use of solar power with a photovoltaic panel on every roof. Good policy can help make up for lost time. Solar is the most secure of all energy sources, since it is abundantly available in India. With crippling electricity shortages, the price of electricity traded internally touched Rs. 7 a unit for base loads and Rs. 8.50 during...
More »Over 2,000 fewer farmers every day-P Sainath
-The Hindu The mistaken notion that the 53 per cent of India's population ‘dependent on agriculture' are all ‘farmers' leads many to dismiss the massive farmers' suicides as trivial There are nearly 15 million farmers (‘Main' cultivators) fewer than there were in 1991. Over 7.7 million less since 2001, as the latest Census data show. On average, that's about 2,035 farmers losing ‘Main Cultivator' status every single day for the last 20...
More »Panchayati raj: Failing the urbanization test- Elizabeth Roche, Liz Mathew and Shamsheer Yousaf
-Live Mint Lack of decentralization means municipalities lack power, resources to meet rising aspirations of ‘middle' India Othakadai, Madurai (Tamil Nadu)/Hubli (Karnataka): S. Paramasivam , president of the Othakadai panchayat, has big plans for his area. "Rainwater harvesting, removal of encroachments on roads, waste recycling, covered drainage, bigger primary health care centres and community parks," lists the 58-year-old, who has spent 30 years in the stainless steel business that dominates industry...
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