-The Hindu Giving up corporate jobs and fat salaries, an increasing number of young men and women are committing their lives to providing education to India’s poorest “I had career goals, now I set myself happiness goals. Giving and getting happiness in return,” says Pracheta Sharma, and somehow that does not sound one bit corny. Sharma, along with two other friends Mainak Roy and Rahul Bhanot, is working on a project...
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RBI asks banks to extend loans to women SHGs at 7% rate
-PTI Mumbai: The RBI today asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...
More »Modi government plans schemes for rural youth, women groups -Sanjeeb Mukherjee & Archis Mohan
-Business Standard To be announced in next few weeks and in coming Budget To widen its rural push and to counter the Opposition's allegation that the Bharatiya Janata Party (BJP)-led government is anti-poor, the Centre is mulling multiple interventions which would include expanding the role of women-driven Self Help Groups (SHGs) and promoting self-employment for rural youth. Some official said the new crop insurance scheme, approved by the Cabinet recently is part of...
More »Community kitchens: An idea whose time has come -Reetika Khera
-Scroll.in Institutions that provide cheap or free meals are not mere populism – they are vital for the food security of people on the margins. My first experience of a “community kitchen” was in Brazil where we were taken to try out a meal at the Popular Restaurant in Lauros de Freitas. The serpentine queue outside it surprising initially, seemed entirely unexceptional once we had been served: for one real (approximately Rs...
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
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