-The Times of india Nearly a third of rural households and a quarter of urban ones are indebted according to a survey report released this week. This is understandable with the spread of credit facilities. But the scale of indebtedness revealed is astonishing: between 2002 and 2012, the average amount owed by each family has jumped seven times in cities and more than four times in rural areas. About 22% of urban...
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No country for women entrepreneurs -Lubna Kably
-The Times of India A year ago, Vijayalakshmi decided to risk her decade-old corporate lifestyle to launch Design-Dreams, a web design venture, using her own funds. The BITS Pilani post-graduate may have successfully made the leap to an entrepreneur, but expects the climb ahead to be steep. "When you walk into a networking seminar, you can count the number of women on your fingers. One feels secluded and interactions are difficult,"...
More »Government taking 'speedy' measures to help farmers
-PTI NEW DELHI: Emphasising that ample credit to the tune of Rs 7 lakh crore flows in the agricultural sector every year, the government today said it is taking "speedy" measures to help farmers who are grappling with debt burden. "We will not let down our farmers," Minister of State for Finance Jayant Sinha told Lok Sabha during Question Hour. He said many steps have been taken to reduce debt burden as...
More »Mostly cloudy -Shyam Saran
-The Indian Express Yet another depressing charade played out at Lima, Peru, where the 20th conference of the parties (COP) to the United Framework Convention on Climate Change (UNFCCC) concluded on December 14, with a 43-page negotiating text, with several alternative formulations for virtually every provision. It is unlikely that, within the deadline set by the Paris COP in December 2015, an agreed text will be negotiated, especially since Lima has...
More »Denial and diversion of Plan Fund: The Great Adivasi-Dalit Rip-off -Nidheesh J Villatt
-Tehelka Adivasis and Dalits have been deprived of a staggering 5 lakh crore over three decades by successive governments. On 31 August 2010, a memorable scene played out in Parliament: Finance Minister Arun Jaitley cornered the then United Progressive Alliance (UPA) government for allegedly diverting funds meant for the welfare of Scheduled Castes/Scheduled Tribes (SCs/STs) towards Commonwealth Games projects. The master parliamentarian was questioning the then Finance minister P Chidambaram on the alleged...
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