-Down to Earth Several initiatives are demonstrating how the informal e-waste recycling sector can be formalised Savita Devi (name changed), a municipal solid waste worker in Ahmedabad city, used to earn Rs 1,500 per month. When she joined an initiative of GIZ India in 2012, where she was trained to collect e-waste, her income rose to Rs 2,500 per month. “We are now able to hire private tutors to educate our children,”...
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Two cheers for jobs scheme
-The Hindu Business Line It has worked as a rural safety net. But the Centre has other budgetary priorities A decade after the Mahatma Gandhi National Rural Employment Guarantee Scheme came into force, the NDA government has come around to accepting its usefulness — and that, in a difficult agriculture year. Last February, the Prime Minister disparaged the programme for merely digging pits. But only a few days ago, the finance minister...
More »End of crop loan subsidy likely to heighten defaults, banks say -Namrata Acharya
-Business Standard But RBI data suggest that by replacing interest subsidy with crop insurance, government can use about Rs 12,500 cr to facilitate crop insurance scheme If a recent recommendation of the Reserve Bank of India (RBI) on crop loan subsidy is approved by the government, agricultural loans are set to become as costly as home loans or car loans. RBI has suggested interest subvention on crop loans should be phased out,...
More »Not a good prognosis -Amit Sengupta
-The Hindu The health sector typifies the hands-off policy of the government in areas that impact welfare and livelihoods. An air of anticipation and optimism greeted the formation and installation of the new government in 2014. A widely held view was that it would be much more decisive than the previous dispensation in providing some direction to public policy. Twenty months have passed and the initial sense of optimism has been replaced...
More »Bigger rural outlay to power growth: FM
-The Hindu Business Line 10 years on, MGNREGA to get more funds New Delhi: Barely three weeks ahead of Budget 2016-17, Finance Minister Arun Jaitley indicated that the government could increase budgetary allocations for rural and social schemes like the Mahatma Gandhi National Rural Employment Guarantee Act. The allocation may be even higher than the ₹35,000 crore allocated in 2015-16. “One engine to grow further, despite the global slowdown that has also impacted our exports, can...
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