The implementation of the ‘100 days work' scheme in West Bengal had become a poll issue during the last parliamentary and assembly elections as had some other Centrally-funded rural development projects. But despite a change in government in the State, little seems to have changed on that front ultimately leading to a somewhat hurried shunting out of a Minister from his Department. The decision taken by Chief Minister Mamata Banerjee to...

The Rs.3,884-crore package for the handloom sector, which includes one-time waiver of overdue loans and interests, approved by the Union Cabinet, is expected to benefit about 3-lakh weavers and 15,000 cooperative societies, which would have access to institutional credit once again. However, the package will benefit only those who took loan before March 31, 2010. “There would be many weavers who had no access to institutional credit in the past and...

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...

Thirty-four-year-old Praseetha Dineshan from Kattipara panchayat in Kozhikode used to work as a postwoman delivering letters from 8 am to 5.30 pm. No longer.  After completing a training course of Coconut Development Board (CDB) for climbing coconut tree using a machine, she has now quit her temporary job and is happy to climb coconut trees to pluck coconuts. "Yesterday I climbed 15 trees and today I did 20. More and more people...

-The Times of India The Centre on Saturday announced a Rs 6000-crore package for the handloom sector, doubling the announced financial relief, in what is seen as an outreach to the weaver community with authorship of Rahul Gandhi ahead of crucial UP elections. The sop increased with the government including individual loan defaulters, who are not part of a cooperative for loan amnesty, and in giving incentive for timely payment of loans...