-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...
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Stable tenancy law will curb farm suicides: Secretaries’ panel -Dipak K Dash
-The Times of India NEW DELHI: Identifying "informal tenancy" as one of the main reasons behind farmer suicides since many don't get farm credit and crop insurance, a group of secretaries has suggested the government come out with a model tenancy law. Such a law will protect the tenants as they will get access to loans from banks and financing agencies and it will also end the fear of original owners...
More »Farmland-lease nod on table -Basant Kumar Mohanty
-The Telegraph New Delhi: A high-level panel is set to propose legalising the leasing of farmland in all states, a practice now banned in many states as a perceived legacy of the zamindari system. If it's legalised, people unable or unwilling to till their farmland - or at least the whole of it - can formally lease their land or a part of it for cultivation by others. This will allow millions of...
More »Collateral-free loans offer hope to women -Sidhartha K
-The Times of India NEW DELHI: Until recently, Rajni, who lives in Tilak Nagar in west Delhi, used to work in a boutique. Now, she has decided to have her own setup, for which she has borrowed Rs 50,000 from Punjab National Bank. "I haven't decided whether I will take up a place or do it from home," she said. In Bawana, on the outskirts of Delhi, Kamla has taken a loan from...
More »Sonalde Desai, Prem Vashishtha and Omkar Joshi, lead researchers of the report entitled 'MGNREGA: A Catalyst for Rural Transformation', interviewed by Priyanka Kotamraju
Two recent reports show that this social sector scheme has had a causal impact in improving lives, especially for women and children Fourteen million people escaped falling into poverty under the world’s largest anti-poverty programme, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). In 10 years of its existence, the scheme reduced poverty by 32 per cent. Recent data also shows that more women are drawing cash incomes, more children...
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