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Modi unveils scheme to make Dalits entrepreneurs -Yuthika Bhargava

-The Hindu Stand-up India will help create 2.5 lakh entrepreneurs. Prime Minister Narendra Modi on Tuesday unveiled the ‘Stand-up India’ scheme to promote entrepreneurship among women, scheduled castes and tribes by enabling them secure easier loans and said this could be an engine of job creation for the youth. “Dalits and poor people, if given an opportunity, can bring in various reforms in the country. That’s my vision for Stand-up India…This scheme is...

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Punjab opens its heart - and purse - to farmers -Sanjeeb Mukherjee & Archis Mohan

-Business Standard Instead of addressing systemic problems in agriculture, farm politics in the state is about how much money the government can offer the farmer as a dole The Shiromani Akali Dal (SAD), led by Parkash Singh Badal and son Sukhbir, was in a dilemma a year before the 2012 Assembly elections in Punjab. The Akalis had ruled Punjab since 2007 but no party had ever returned to power for a second...

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Farmers to step up fight for Income Guarantee Act

-TheHansIndia.com Social activist Medha Patkar comes down heavily on AP Chief Minister N Chandrababu Naidu for ‘grabbing fertile lands’ from farmers for high-rise buildings She also criticises Telangana State government for its ‘anti-farmer policies’ Hyderabad: The third Kisan Swaraj Sammelan has called upon farmers to put up a unified fight in support of their demand for providing them with a comprehensive Farmers' Income Guarantee Act. They were of the unanimous opinion that such...

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Crop insurance: new dawn for farmers? -Rajalakshmi Nirmal

-The Hindu Business Line The new scheme offers lower premium, more risk cover and hassle-free settlement Crop insurance schemes have not been a hit with Indian farmers in the past. High premia, limited coverage, complicated ways of assessing losses and delayed payment of compensation have kept farmers away from them. Given the high risk of crop damage in India, with significant loss in food grain production in 18 of the last 54 years...

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Limited outreach of subsidised crop loan scheme among small & marginal farmers

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...

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