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...
More »SEARCH RESULT
Total Matching Records found : 2412
House panel to study farmer suicides proposed
-The Hindu The government on Monday proposed the setting up of a parliamentary panel to go into the issue of farmer suicides in the wake of contradictory figures emerging from the States and the Union Home Ministry's National Crime Records Bureau. The suggestion came after the government was cornered in the Rajya Sabha, during the reply to the debate on the agrarian crisis, leading to two quick adjournments and a walkout by...
More »Centre releases Rs 200 crore to Kerala under PMGSY
-PTI Centre released an additional Rs 200 crore to Kerala under Pradhan Mantri Gram Sadak Yojana (PMGSY), a central scheme for building rural roads. "I am happy to inform you that my Ministry has released an amount of Rs 200 crore to your state towards part payment of first installment of Phase VII under PMGSY pending audit report and final utilisation certificate for the year 2010-2011, maintenance certificate etc," Ramesh said in...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Rs.2,350-crore package for handloom weavers
—PTI The Cabinet on Sunday approved a Rs. 2,350-crore package for crisis-ridden handloom weavers, mostly concentrated in poll-bound Uttar Pradesh. The package is part of a Rs. 6,234-crore scheme for handloom weavers announced last month by Commerce and Industry Minister Anand Sharma at Varanasi following an advice from AICC general secretary Rahul Gandhi, who is extensively touring U.P. in the run-up to Assembly elections. The package comprised Rs. 3,880 crore for the loan...
More »
