The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

-The Hindu Business Line IOB, BoB and Canara Bank lead, finds study by Commonwealth Human Rights Initiatives   New Delhi: As the Finance Ministry and the central bank try to clean up the balance sheets of troubled public sector lenders, a new study has found that banks that saw a sharp rise in bad loans in 2014-15 were not very forthcoming with information requests by the public. While noting that there was “no positive...

-BBC KM Yadav has helped hundreds of Indian villagers access crucial government information that has helped them claim their benefits and rights. Vikas Pandey meets him at his "office" in Chaubepur village in the northern state of Uttar Pradesh. Mr Yadav is patiently listening to a group of villagers as he serves them hot tea from his stall. This tea stall is indistinguishable from the many others dotted across India's towns and villages...

-The Hindu If we run out of groundwater, millions of people will be left without any means to sustain themselves The protest by farmers in Chikballapur recently, over the scarcity of drinking water, received extensive news coverage as it halted Bengaluru in its tracks after key highways were blocked. Interestingly, very little of that coverage was devoted to the groundwater crisis that underpins the problem in such regions. Groundwater plays an important role...

-Outlook In the last two decades, more than 300,000 farmers have ended their lives. What can be done? Indian agriculture is important as it feeds an estimated 1.3 billion population of the country and is also burdened with the responsibility of providing livelihoods to 60 per cent of the people — 780 million people. No foreign country can produce this mammoth quantity of food and supply to India nor any sector...