-Firstpost.com Shah visited the Amul Dairy premises and then held a meeting with senior officials of the GCMMF, the state government and the leaders of the cooperative sector leaders Anand: Union Home and Cooperation Minister Amit Shah on Sunday said the cooperative sector has a potential to turn India into a $5 trillion economy and will also prove crucial in making the agriculture sector self-reliant. He also stressed the need to implement...
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Stop chasing profits at customers' expense, RBI Deputy Governor tells MFIs
-The Hindu The RBI deputy governor reminded the industry that their customers often have lower level of financial awareness and literacy and ‘are often too desperate to turn away any source of credit’. Micro-finance lenders must refrain from chasing profits and introspect on the ‘negative consequences’ of pushing their borrowers into a debt trap, using harsh recovery practices and harassing customers as this could undo the sector’s progress, a top central banker...
More »Dried Wells, Broken Dams, Distressed Villagers Define UP's Multi-Crore 'Bundelkhand Package' -Dheeraj Mishra
-TheWire.in Corruption, poor quality construction materials and the specious implementation of schemes combined with the Centre’s flawed MSP policies have rendered the attempt to transform the region useless. Chitrakoot/ Banda: On a freezing night in early January, as anchors on television and radio jubilated in the new year and extolled the many ‘achievements’ of the incumbent government, Madhav Prasad, a 55-year-old farmer in Bundelkhand, lay anxious on a cot in his hut. The...
More »Centre vs Punjab: Farmers miss out on incentive to not burn stubble -Vivek Mishra
-Down to Earth Thrice GoI has returned Punjab’s proposal of giving Rs 2,500 per acre to small, marginal farmers even as they demand Rs 6,000 per acre As many as 361,850 small and marginal farmers in Punjab did not receive state incentives for stubble management in the last one year due to paucity of funds. The northern state’s request for financial stimulus to pay this incentive was turned down by the...
More »Hit hard by cracker bans, Sivakasi’s fireworks workers are missing a transition plan -Hariprasad Radhakrishnan
-TheNewsMinute.com Caught between denialism and short-sightedness, vulnerable communities in Sivakasi bear the brunt of clampdowns due to air pollution. At the strike of a gavel in Delhi, lights go out in Sivakasi. When states located thousands of kilometres away place curbs, sales turn out to be a damp squib in the fireworks capital. Year after year, about 6.5 lakh people in Sivakasi dependent on the fireworks industry suffer from rude market shocks because...
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