-PTI Mumbai: The RBI today asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...
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The environmental costs of subsidies -Kunal Singh
-Livemint.com It’s time to look at the deleterious environmental impact of subsidies so as to attain correct pricing of resources A few days before Delhi’s odd-even rule—a road rationing scheme in which odd- and even-numbered cars were allowed to ply on roads on alternate days—was to be implemented, Delhi deputy chief minister Manish Sisodia appeared on a television channel to answer questions on the rule. During the show, Sisodia admitted that the...
More »Why India has a ‘low’ crime rate -Deeptiman Tiwary
-The Indian Express While Sweden, Denmark and the Netherlands display high numbers of criminal activity, India stands with Yemen and Lebanon in the lower zone. Last month, when women and child development minister Maneka Gandhi was pushing through amendments to Juvenile Justice Act in Parliament that would lower the age of culpability as an adult from 18 to 16, she cited a rising number of crimes by juveniles. In the year...
More »Agenda 2016: Three things the Modi government can do for agriculture today -Harish Damodaran
-The Indian Express Drip irrigation, making urea in Iran, and pushing pulses in Punjab should be top policy priorities. The biggest risk to the Indian economy today isn’t the US Federal Reserve hiking Interest rates further or a deepening Chinese slowdown, but rising domestic farm distress that has political implications too. The government can do many things to bring agriculture back on track. We focus on three. Please click here to...
More »Agriculture has high hopes from this Budget
-Business Standard Govt should revamp agricultural marketing to increase farmers' earnings and amend land-leasing laws Finance Minister Arun Jaitley has met farm sector representatives for pre-Budget consultations at a time Indian agriculture is passing through a bad patch - especially because of two years of consecutive drought. Predictably, therefore, most participants pitched for more credit on soft terms, higher minimum support prices (MSP) for crops and the expansion of irrigation facilities to...
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