-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
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Too poor to qualify for loans -Mehboob Jeelani
-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...
More »Insurance scheme for farming sector on the anvil: Jaitley
-PTI Amritsar: "In the coming time, we have plans to spend Rs 50,000 crore on farming and irrigation sectors in the country." Union Finance Minister Arun Jaitley on Tuesday said the Centre was planning to spend Rs 50,000 crore on the farming and irrigation sector and plans were also afoot to roll out an insurance scheme exclusively for the farming sector to compensate for crop loss. Admitting that the condition of farmers is...
More »Declining Cattle Population -Nilakantha Rath
-Economic and Political Weekly There has been a major change in the composition and mix of the cattle population in India. The proportion of male cattle has declined sharply as farmers do not fi nd it worthwhile to maintain bullocks to plough holdings that are becoming smaller and smaller. The composition of the milch cattle population too is changing. The proportion of the indigenous breed is falling and that of the...
More »Solutions can come from the slums -Thillai Rajan A & Sriharini Narayanan
-The Hindu Urban planning that involves the people and alternative service providers gives far better results than top-down efforts from the government, finds an IIT-M study In Tiruchirappalli, Tamil Nadu, the responsibility of managing and maintaining a set of more than 160 community toilets was handed over by the Tiruchirapalli City Corporation to a federation of women self-help groups. A post-programme field survey of 803 households revealed that the community participation had...
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