-The Times of India As crops fail, banks don't deliver and the government falters, Mandya's farmers find themselves at the mercy of unscrupulous moneylenders Chenne Gowda has a Rs. 4 lakh albatross around his neck. The 55-year-old sugarcane farmer from Chikka maralli village in Pan davapura taluk, Mandya district, took the loan from private moneylenders but has no idea how he'll repay. His crop, on two acres, is wilting in the field...
More »SEARCH RESULT
A subsidy and some questions
-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
More »Too poor to qualify for loans -Mehboob Jeelani
-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...
More »Solutions can come from the slums -Thillai Rajan A & Sriharini Narayanan
-The Hindu Urban planning that involves the people and alternative service providers gives far better results than top-down efforts from the government, finds an IIT-M study In Tiruchirappalli, Tamil Nadu, the responsibility of managing and maintaining a set of more than 160 community toilets was handed over by the Tiruchirapalli City Corporation to a federation of women self-help groups. A post-programme field survey of 803 households revealed that the community participation had...
More »No Medicine for the Common ‘Jan’ -Archana Mishra
-Tehelka The NDA government’s move to open more Jan Aushadhi stores ignores the multitude of issues currently plaguing them Amidst the jostling crowd at the Guru Teg Bahadur Hospital in Shahdara, Delhi, is 68-year-old Suresh Chandra, holding his medical files on one hand and prescription letter on the other. Chandra, who is a lung disease patient, moves towards the Jan Aushadhi store, situated in the hospital premises. Chandra hopes that the government-run medical...
More »