-The Hindu Madurai (Tamil Nadu): Following a wane in farming activities - the only means of livelihood for a large number of villagers - owing to failure of rain and other intangible reasons, women in rural areas have sought refuge in self-help groups (SHGs) for income generation. There is a proliferation of women SHGs in villages across Madurai district. They get help from non-governmental organisations (NGO) and National Bank of Agriculture and...
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Who foots the huge dole for business? -Latha Jishnu
-Down to Earth Bad loans of public sector Banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...
More »Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »Parmesh Shah, the World Bank’s lead rural development specialist for South Asia speaks to Parakram Rautela
-The Times of India blog Between 2011 and 2017, the World Bank will spend $4 billion on rural development in India. Parmesh Shah, the bank's lead rural development specialist for South Asia, talks to Parakram Rautela about how that money is going to be spent and how they're working towards their ultimate aim - a world free of poverty Q. It's one thing to say that you want to eradicate world poverty...
More »No benefits for beneficiaries-Anumeha Yadav
-The Hindu Nearly three years after the government began experimenting with Aadhaar-based payments in Jharkhand, it has not been able to start disbursing payments to beneficiaries at their doorstep Jharkhand was one of five pilot States chosen for an Aadhaar-enabled payment system (AEPS). Beginning with Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) payments in select blocks in four districts in 2012, AEPS added pension and scholarship schemes and the Janani Suraksha...
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