-BusinessToday.in DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden. Centre will likely announce direct benefit transfer (DBT) worth Rs 4,000 per acre per season plus interest-free crop loan up to Rs 1 lakh per farmer in an instant two-fold relief to the farmers, sources in the know told BusinessToday.In. The initiatives will cost the Centre Rs 2 lakh crore towards DBT...
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Women-centric reforms needed for financial inclusion; gender-neutral schemes don't work amid societal bars -Sohini Sengupta
-Firstpost.com The year is due to end, and the report card for India's flagship financial inclusion programme, the Pradhan Mantri Jan Dhan Yojana for 2018 is out. Before diving into the specifics of the programme, it would be useful to remember that the year has been revelatory with regard to women's issues, from the #MeToo movement to the 217 years that it will apparently take to close the gender pay gap. In...
More »'One family, one job' scheme in Sikkim -Rajeev Ravidas
-The Telegraph The scheme envisages providing jobs to a member of every family who does not have a government job Gangtok: The Sikkim Assembly on Thursday approved creation of over 16,000 temporary jobs in different departments as part of the government’s ‘one family, one job’ scheme announced by chief minister Pawan Chamling earlier this year. The scheme envisages providing jobs to a member of every family who does not have a government job. “We...
More »'Ujjwala connections get three refills annually on an average' -Twesh Mishra
-The Hindu Business Line Oil companies gear up to meet LPG demand after Ujjwala expansion New Delhi: The annual average demand for LPG cylinder refills is now three under the Pradhan Mantri Ujjwala Yojana (PMUY) according to IndianOil Chairman, Sanjiv Singh. “The average number of LPG refills in every household across the country was close to seven plus before the Ujjwala scheme was launched. This has now tapered to seven and the...
More »Why small, marginal farmers get just 40% of total agri credit -Rajalakshmi Nirmal
-The Hindu Business Line Loan waivers have made banks wary of them; Beneficiaries are farm infra/services firms Every year the Centre announces an increase in the agri credit limit, but not even half of this reaches small farmers. Small farmers typically take small loans — of less than Rs. 2 lakh. RBI data show that in FY17, the share of loans of Rs. 2 lakh or less was just 40 per cent of...
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