-The Business Standard One of Sewa's triumphs is formation of the Mahila SEWA Sahakari Bank In April 10 this year, SEWA, the Self-Employed Women’s Association, which prefers to describe itself as a cooperative or trade union rather than a microfinance institution (MFI) (though it straddles both spheres), with a membership of 1.3 million women, completed 40 years of its existence. This gives us an ideal opportunity to review its historic contribution to...
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Punjab budgets for farm suicides-Sukhdeep Kaur
Punjab’s agricultural sector grew at 1.6 per cent during the 11th Plan against the national average of 3.41 per cent. The growth is tardy owing to near saturation in productivity. The rural debts in Punjab are estimated to be Rs 35,000 crore. The number of indebted rural households in Punjab is 66 per cent, third highest in the country after Andhra Pradesh and Tamil Nadu. The Government of India’s debt...
More »Is the rural theme losing its charm?-Krishna Merchant
-Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by...
More »Interest-free loans for farmers in State
-The Pioneer Chief Minister Shivraj Singh Chouhan here on Saturday announced that farmers in the State will get interest-free loans. After ending his 24-hour fast observed to protest the hike in fertiliser prices over the last one year, Chief Minister Shivraj Singh Chouhan told mediapersons, “This zero per cent rate of interest would be applicable for loans given to farmers since April 1 this year.” When the Congress was in power, farmers used...
More »In name of Dalits, a land racket in Nitish’s Bihar-Santosh Singh
Araria, Bihar: If the government had bought bicycles to give them to schoolgirls, you would have had a bicycle scam in Bihar, Chief Minister Nitish Kumar famously said, explaining why he gave bicycle vouchers to families. But when it came to giving land to landless Mahadalit families — the poorest and most marginalised of Dalits — the government forgot this wisdom. Result: Allegedly acting in concert, government officials and brokers ganged...
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