-Frontline.thehindu.com The RBI’s proposal to loosen regulations for private lenders in the microfinance space will have disastrous consequences for the poor, especially women in rural areas. Microfinance, a category of financial services aimed at serving people from low-income households who lack access to conventional banking credit and services, was originally designed by international finance capital institutions such as the World Bank as an alternative to providing direct concessional credit to the poor—which...

-The Hindu As of August 10 this year, 34% transactions are still unpaid, says LibTech study Delay on the part of the Union Government in transfer of wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005, has further compounded the woes of thousands of workers during these difficult pandemic times. The Centre is taking 26 days on an average to complete the wage transfer to the NREGA workers...

Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...

-Moneycontrol.com The sector entered the positive terrain after declining for four quarters in 2020-21. Trade, hotel, transport, communication and services related to broadcasting reported a growth in the first quarter of FY22 as per the data released by National Statistical Office (NSO).  Trade, hotel, transport, communication & services related to broadcasting clocked a growth of 34.3 percent in the April-June quarter. Please click here to read more.  Kindly click here to access the press note...

-The Hindu Poshan Swaraj Abhiyan initiative covers 750 tribal-dominated Rajasthan villages. Jaipur: Children and adolescents in 750 villages of the tribal-dominated Banswara district in Rajasthan have started receiving nutritious food as part of the Poshan Swaraj Abhiyan to strengthen their health status ahead of an impending third wave of the COVID-19 pandemic. The campaign seeks to protect the most vulnerable among undernourished children. Banswara-based Vaagdhara, which works on tribal livelihood issues, has taken...