-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...
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Supreme Court to hear plea against re-promulgated land ordinance on Monday
-PTI NEW DELHI: The Supreme Court today agreed to hear on Monday the plea of farmers' organisations challenging legality of the fresh promulgation of the land acquisition ordinance by the Narendra Modi-led government. "We will have it on Monday," a bench comprising Chief Justice H L Dattu and Justice Arun Mishra said, when senior advocate Indira Jaisingh, appearing for farmers' organisations sought urgent hearing of the petition. The farmers' organisations, in their plea...
More »These radio stations are voices for change in rural India -Bhanu Priya Vyas
-TheWeekendLeader.com/ Women's Feature Service Radha Shukla, 43, can't really remember the last time she took a holiday. "It's been so long since I have celebrated a festival with my family or even taken leave. But I don't mind it; my work is important," she says emphatically. To Shanta Koshti, 50, the years she spent as a poorly-paid ‘beedi' worker seem like another lifetime. "At present, my entire focus is on motivating people...
More »PM launches Mudra bank to ‘fund the unfunded’ small entrepreneurs
-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...
More »Rs 2 to Rs 17: Rise in NREGS wages is no hike at all -Subodh Ghildiyal
-The Times of India New Delhi: Discharging its annual duty, the Centre has revised the wages under the job guarantee scheme that range from a minimum of Rs two to a maximum of Rs 17 for a day's labour. In percentage terms, the hike ranges between 2%-10%. Madhya Pradesh and Chhattisgarh stand at the bottom of the ladder with the hike under MGNREGA being a meagre Rs 2, increased from Rs 157...
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