The Minister for Rural Development Shri Pradeep Jain “Aditya” today informed the Lok Sabha that Employment under Mahatma Gandhi NREGA is open to all rural households irrespective of their caste or community. Any adult member of a rural household can register himself/herself with the Gram Panchayat and get a job card issued. Thereafter, a worker needs to apply for work for getting employment subject to a maximum of 100 days...
More »SEARCH RESULT
Microfinance: What's wrong with it by M Rajshekhar
The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
More »'More needed to improve status of agriculture'
Despite various programmes initiated by the United Progressive Alliance (UPA) government to improve the status of agriculture, famers' leaders strongly feel that not enough has been done and large numbers of farmers remain heavily in debt. 'Various flagship programmes by the UPA government, which started after 2004, have not proved helpful for farmers. Their economic policies are putting an adverse impact on agriculture sector but still nobody is bothered about it,'...
More »Give details of bribery in loan waiver scheme, banks told
THE government has directed public sector banks to provide data on corruption charges against bank officials involved in the agricultural loan waiver scheme after complaints that many of them took bribes for processing applications. The finance ministry wants to put such cases on fast track as the performance audit of the scheme has already been initiated by the comptroller and auditor general of India (CAG), the government’s statutory auditor. The...
More »Government's Rs241-crore debt relief package to benefit 75,000 coffee farmers
The government has launched a relief package, which will directly address the problems of the coffee growers, especially the small growers. Commerce and industry minister today flagged off the implementation of the `Coffee Debt Relief Package, 2010' by distributing the first batch of certificates to those small coffee growers whose loans have been waived under this package. This is the first time that the Government of India has come forward with...
More »