-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
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Govt to keep Aadhaar records for 7 yrs, prompts fears of surveillance -Aloke Tikku
-Hindustan Times New Delhi: The government will keep a record of all the services and benefits availed using the Aadhaar number for seven years, say new rules, prompting fears that the database could be used for surveillance. The Unique Identification Authority of India (UIDAI), which issues the 12-digit biometric identity to all Indian residents, will be required to preserve its record of verification of an Aadhaar number for the duration. “This is an...
More »Indian MSMEs yet to reap the benefit of Govt. schemes, says a recent report
A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in. (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...
More »The goat ATMs of Badaun empower women -Usha Rai
-The Hindu Business Line In Uttar Pradesh, women find their calling in rearing small livestock The ten women’s Self Help Groups (SHGs) or samoohs of Naithu village of Badaun, Uttar Pradesh are doing such good business in goat rearing that they call them their ATM cards. The 120 women of these samoohs were not affluent enough to buy buffaloes and cows despite the loans available, so they settled for rearing goats, paying Rs....
More »Agriculture economics: The next big farm solution - cutting production costs -Harish Damodaran
-The Indian Express In a scenario of depressed crop prices, a unique PPP model in milk shows the way out. Coimbatore: For roughly a decade from 2004-05 to 2013-14, Indian farmers experienced rising incomes from higher crop prices year after year — something they pretty much took for granted. That party ended with the crash in global commodity prices, hitting agricultural exports hard and translating into lower farm-gate realisations for most crops. But...
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