-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...

-Frontline.in The increase in the budgetary allocation for the MGNREGA is only marginal. The scheme helped lower the poverty level by 32 per cent between 2004-05 and 2011-12, but government support for it has been declining steadily. In the beginning, economists belonging to the Right and the Left were of the view that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was merely a populist measure. While the former believed...

-The Hindu The Aadhaar Bill opens the door to mass surveillance. This danger needs to be seen in the light of recent attacks on the right to dissent. No other country, and certainly no democratic country, has ever held its own citizens hostage to such a powerful infrastructure of surveillance. The Aadhaar project was sold to the public based on the claim that enrolment was “voluntary”. This basically meant that there was...

-The Hindu   Karnataka secures third position while Gujarat stands fifth, according to survey   Poll-bound States Kerala and Tamil Nadu secured first and second ranking in public affairs index (PAI) in governance in States, while Bihar, Jharkhand and Odisha are lagging on this front, a latest survey of think-tank Public Affairs Centre (PAC), Bengaluru, has revealed. Karnataka secured third position while Gujarat stood fifth. Karnataka secured top position among all States in the...

-The Hindu Business Line It is not just about making matters easier for corporates. Distressed farmers can access relief under pressing circumstances The Insolvency and Bankruptcy Code (IBC) aims at improving the failing credit market situation in the country. A healthy credit market functions well where the debtor and the creditor have faith that their interests are recognised and protected under law. Failure to pay debt is a common occurrence but surprisingly, the...