-The Hindu We need to revisit the credit policy with a focus on the outreach of banks and financial inclusion Since Independence, one of the primary objectives of India’s agricultural policy has been to improve farmers’ access to institutional credit and reduce their dependence on informal credit. As informal sources of credit are mostly usurious, the government has improved the flow of adequate credit through the nationalisation of commercial banks, and the...
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Modi's Saubhagya Yojana: Repackaging an Already-Repackaged Scheme -Ravi Nair
-TheWire.in In addition to “launching” a scheme that basically already existed, the prime minister’s claim that his government has a good record on rural electrification contradicts the data. Prime Minister Narendra Modi this week announced a reportedly brand new scheme to electrify all villages in India and to provide electricity to all by the end of 2018. The scheme was called the Pradhan Mantri Sahaj Bijli Har Ghar Yojana or ‘Saubhagya’ intiative....
More »The return of India's super rich -Rishabh Kumar
-Livemint.com The trajectory of wealth concentration in the country, not just the levels of recently estimated inequality, is important A flurry of estimates regarding Indian inequality have captured public interest recently. Whether one believes the wealth inequality numbers presented by Credit Suisse or the distributional income accounts by Lucas Chancel and Thomas Piketty, evidence seems to state that India has high economic disparities. But inequality is to be expected in a developing...
More »Kerala becomes first state to provide electricity to every home: Pinarayi Vijayan -Nidheesh MK
-Livemint.com Pinarayi Vijayan declared in Kozhikode that Kerala has become the first state in the country to provide electricity to every home Bengaluru: Kerala chief minister Pinarayi Vijayan Monday said the state has become the first in the country to provide electricity to every home. The state already had 10% of households in every village electrified, which is the norm to get the title “total electrified” by the central government. But the ruling...
More »Drought-led migration is making girls prey to trafficking in Andhra Pradesh's Kadiri, pushing town towards HIV/AIDS -TS Sudhir
-Firstpost.com Dr Mano Ranjan has been working at the Institute of Infectious Diseases situated on the Anantapur-Kadiri Road in Andhra Pradesh since 2009. This is the premier institute for the entire Rayalaseema region (southern Andhra Pradesh) for those suffering from HIV/AIDS. Dr Ranjan gets 25 new HIV/AIDS patients every day. "It is a ticking time bomb," he says. Thirty percent of the cases are from hamlets in and around Kadiri, unarguably the...
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