-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...

-The Hindu Business Line Not the RBI, going by the revised priority sector lending norms, which will further reduce credit to the marginalised Prime Minister Narendra Modi has often expressed his sense of anguish at the plight of farmers. In a recent statement in the Lok Sabha, he noted that the agriculture community’s problems were “old, deep-rooted and widespread”, and stated that farmers cannot be left to fend for themselves. Implicit in that...

-Economic and Political Weekly A categorical distinction is facing rough weather--that between urban and rural. If we take just agriculture, there is so much of the outside world that comes in not just as external markets but as external inputs. Further, many of our villages barely qualify as rural if we were to take occupation alone. So the earlier line that separated the farmer from the worker in towns is slowly...

-The Financial Express The NITI Aayog must firm up a concrete plan involving the states to deal with monsoon deficiency to avoid all-round confusion. This is an old and oft-repeated story in the media, but worth mentioning here for the readers who have missed it. It goes like this. During the period of erstwhile Planning Commission, one of the officials in-charge of projecting agricultural growth found out an innovative way to do...

-IPS News BETUL, India- Mamta Bai, 36, distinctly remembers the first time the police came to her village: it was December 2014 and her neighbour, Purva Bai, had just been beaten unconscious by her alcoholic husband, prompting Mamta to make a distress call to the nearest station. Once in the neighborhood, policemen pulled the abusive husband out of his home and asked the village women if they wanted him to be arrested. “Yes,”...