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Revalidate signal to labour bureau on Mudra job creation data -Basant Kumar Mohanty

-The Telegraph Only 1.12 crore jobs created in three years under the Mudra scheme, the bureau's data suggested New Delhi: A central government agency has been asked to “revalidate” data which estimated that only 1.12 crore additional jobs were created in three years under the Pradhan Mantri Mudra Yojana, a scheme Prime Minister Narendra Modi cites to defend his record on employment generation, sources have told The Telegraph. Several independent analysts suspect that...

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In Rajasthan, 10 lakh farmers identified for loans in next crop cycle -Mohammed Iqbal

-The Hindu The farm loans will be disbursed in two stages during the next crop cycle of kharif season from April 1 to August 31 and rabi season from September 1 to March 31 Jaipur: The Congress government in Rajasthan has identified a whopping 10 lakh farmers for grant of loans through cooperative banks during the next crop cycle, amid allegations by the Opposition BJP that its "populist measure" of farm-loan waiver...

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Labour Bureau submits report on jobs created by MUDRA loans -Priscilla Jebaraj

-The Hindu The Labour Bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior Labour Bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...

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Farmers and others -Christophe Jaffrelot

-The Indian Express Will the kisan take care of interests of landless peasants as well? In the aftermath of the demonstrations by farmers in the name of agricultural prices and loan waiving, it is important to remember that village India also comprises of landless peasants who have nothing to sell on the market and have never gone to a bank. Their condition has deteriorated, too, as a result not only of the...

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MUDRA loans: Big States get a major share; smaller ones left high and dry -Radheshyam Jadhav

-The Hindu Business Line TN entrepreneurs account for 10% of loans disbursed Pune: The growth of entrepreneurship in the non–corporate small business sector (NCSB) in smaller States has not received any major boost under the Central government’s ambitious MUDRA loan scheme. Data show that States that already have higher Credit–Deposit (C-D) ratios — a yardstick that indicates better access to institutional credit — are the ones reaping the benefit of the scheme. While six...

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