-The Economic Times The Centre plans to make bank creditaccess easier for rural population, especially in states were poverty is high. In Uttar Pradesh, Madhya Pradesh, Rajasthan, Bihar, Jharkhand, Chhattisgarh, Maharashtra and Gujarat, the gap between credit available to self help groups and the demand for credit is stark. At present, 80 per cent of all bank support to SHGs is in Andhra Pradesh, Tamil Nadu, Karnataka and Kerala. In Uttar Pradesh, Madhya...
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Helping a village shed its BPL tag
-The Hindu A campaign launched by a community service institution to make selected villages in Bharatpur district of Rajasthan shed the below poverty line (BPL) tag has immensely benefited the poor families in the region and facilitated creation of new employment opportunities, small entrepreneurships and income-generating ventures. The youth and women are especially getting involved in new enterprises in large numbers. Kheria Purohit village in Deeg tehsil of Bharatpur district, where 15...
More »Waiting for rain-PK Joshi
-The Indian Express As drought pushes up food prices, India must invest in new irrigation methods The speculation on the delay of the monsoons and below-normal rainfall this year is not new to India. But the drought in the maize belt of the United States — that is, in the Midwest — was unexpected. The impact of the drought will be felt on wheat and soya bean production. This will eventually lead...
More »No One Killed Agriculture
-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
More »e-Payment must for public sector banks from July 1-Dheeraj Tiwari
The finance ministry has asked state-run banks to stop making payments to their customers through cheques from July 1 and to "migrate totally" to electronic payment channels, a move aimed at cutting costs in a sluggish economy. In a circular issued to chairmen of public sector banks and regional rural banks, the ministry said all payments to customers, staff, vendors and suppliers as well as Disbursement of loans and payments towards...
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