-The Economic Times In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda. Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...
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Agri Min pitches for crop loan at 3% in Budget
-PTI In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop Loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop Loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop Loans at seven% interest rate. The 2012-13 Budget...
More »CNT Act provisions: Bank credit denied to tribal people by Santosh Narayan
Chhotanagpur Tenancy (CNT) Act-1908 came into existence to safeguard rights of the tribals, especially on their traditional landholdings. It is not very clear how much the Act has been successful in assuring the rights to the traditional dwellers, though it is an open secret that it has denied them access to bank credits, thus hampering them financially. Latest figures suggest that bank Loans to Scheduled Tribe and Scheduled Caste have moved...
More »Teesta Setalvad of Citizens for Justice and Peace interviewed by Anupama Katakam
Interview with Teesta Setalvad of Citizens for Justice and Peace. TEESTA SETALVAD, through her organisation Citizens for Justice and Peace, has been at the forefront of the fight for justice for the victims of the 2002 communal riots in Gujarat. She has also worked extensively on many other issues affecting minority communities in the State. In this interview to Frontline, she speaks about Chief Minister Narendra Modi's new tactics and the marginalisation...
More »Looming disaster by Neeta Deshpande
Handloom weavers in Andhra Pradesh are in a crisis brought on by policy blindness and the emphasis on powerlooms. WHEN P. Pulliah, a weaver in the traditional cotton handloom centre of Chirala in Prakasam district of Andhra Pradesh, describes the sarees he crafts, thread by delicate thread, his face lights up with joy. He animatedly explains that the sarees have a border on both sides. And they are fully embellished, he...
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