The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

-The Telegraph Bangalore: A mobile app that enables donors to save blood for future use by maintaining accounts was launched today by an ad agency that has joined hands with the Indian Red Cross Society's Karnataka branch. Possibly the world's first such project, an app called Blood Banking on iOS and Android platforms was launched with an eye on the younger generation that is more attuned to smart technologies for anything from...

-The Indian Express Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent. Direct cash transfers have the potential to improve the economic lives of the poor by transferring benefits to households quickly and directly. Achieving these benefits requires thoughtful design of schemes, and careful, rigorous analysis of ongoing...

-The Hindu Business Line A long-range forecast is not authoritative, but sets the mood for farmers, industry New Delhi: After two consecutive years of drought, the monsoon this year promises to be above normal, going by an early forecast. A long-range weather forecast by climate management company Weather Risk Management Services indicates that the monsoon this year may end up 5 to 10 per cent above normal — with well-distributed rainfall over the...

-The Times of India NEW DELHI: The enrolment of 100 crore residents under the Aadhaar scheme will help the government address concerns that making the UID mandatory will eliminate the poor from government subsidies. With more than 90% of India's adult population enrolled, fears of exclusion have receded and alternative identities like voter IDs are not banned. "This will definitely help deserving people who really need subsidies and government help. Aadhaar will...