-Down to Earth The debt in rural households is higher, even though their total assets are lesser than urban households A new survey by the National Sample Survey Organisation (NSSO) shows that rural households have higher debts than their urban counterparts. At the same time, an urban household owns more than double the asset than that of a rural household. A rural household, on an average, owned assets of Rs 10...
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An election less democratic -Kirti Singh
-The Indian Express Haryana panchayat poll outcome does not reflect the state’s social composition The panchayat elections in Haryana have yielded results drastically different from previous elections. This is because a large number of persons were barred from contesting these elections due to educational and other disqualifications introduced through amendments by the Haryana assembly in September last year. In the widely criticised Rajbala and others vs State of Haryana judgment, the Supreme...
More »‘Urban poor own nominal assets’ -Samarth Bansal
-The Hindu On an average, rural and urban households own assets worth Rs.10 lakh and Rs.23 lakh respectively. The average asset holding of the bottom 10 per cent of urban Indian households is around Rs. 291, new data from the National Sample Survey Office (NSSO) show. Most households reported owning some kind of physical or financial assets, the survey, conducted in 2012-13 and made public on Friday, shows. On an average, rural and...
More »RBI asks banks to extend loans to women SHGs at 7% rate
-PTI Mumbai: The RBI today asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...
More »Questions aplenty on Haryana panchayat poll law -Krishnadas Rajagopal
-The Hindu Bench offers limited and unidimensional explanations to petitioners’ queries The Supreme Court judgment upholding the new Haryana panchayat law, which limits the voter’s freedom to choose his own candidate in a participatory democracy, offers limited and unidimensional explanations to questions and issues raised by parties in court. The judgment by a Bench led by Justice J. Chelameswar does not explain why it considers the reasons for disqualification in Section 175 of...
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