Lack of adequate credit - the lifeblood for any company is threatening to derail fledgling attempts by hundreds of dalit entrepreneurs to overcome deep socio-economic barriers and break into mainstream business.  Without credit, such entrepreneurs would also struggle to cash-in on the Rs 7,000-crore business opportunity opened up by the central government's new dalit-friendly sourcing plan, unveiled last month.  Credit disbursements to dalit entrepreneurs through 20-odd schemes run by the Ministry of...

-The Indian Express   The government today claimed there has been an "impressive improvement" in the performance of the targeted public distribution system (TPDS), with leakage reduced to about 10-15 per cent on average now from 40 per cent earlier. "The leakage, on an average, is nearly 10-15 per cent," said Minister of State for Consumer Affairs and Public Distribution KV Thomas said in a reply during Question Hour in the Rajya Sabha. The...

-The Hindu Business Line   The Millet Network of India (MINI), a group of associations that is promoting consumption of millets, has expressed concern about non-inclusion of local Procurement provision in the latest version of the National Food Security Bill. In a letter addressed to Prime Minister, Dr Manmohan Singh and Ms Sonia Gandhi, Chairperson of United Progressive Alliance, MINI has demanded that this clause should be included again in the draft bill....

-The Business Standard   Finance Minister Pranab Mukherjee explained the government’s helplessness over inflation in the Rajya Sabha with great eloquence on Thursday. Much of what he said may have solid economic fundamentals, but the United Progressive Alliance (UPA) government cannot claim helplessness forever — not when the signs of the cracks it is creating in India’s rural prosperity are becoming so obvious. If any one thing that has protected the Indian...

-The Pioneer In a bid to further marginalise the Maoists, Bengal Chief Minister Mamata Banerjee has charted out elaborate plans for the tribal people of Jangalmahal. The State Government has plans to provide more “productive opportunities” to the Advasis in order to bring them into the socio-economic mainstream. These include job creation, developing the Alchiki script, setting up educational institutions and healthcare units and inducting local talent into sports and cultural activities. “We...