The Rs.3,884-crore package for the handloom sector, which includes one-time waiver of overdue loans and interests, approved by the Union Cabinet, is expected to benefit about 3-lakh weavers and 15,000 cooperative societies, which would have access to institutional credit once again. However, the package will benefit only those who took loan before March 31, 2010. “There would be many weavers who had no access to institutional credit in the past and...

The Central Employment Guarantee Council (CEGC) — the apex monitoring agency for the implementation of National Rural Employment Guarantee Scheme (NREGS) — on Thursday rejected the suggestion of the Prime Minister’s National Council on Skill Development’s (NCSD) to include providing “skill development” to unskilled wage seekers under the scheme. “While agreeing that skill development was necessary, it was decided that adding the additional feature into the NREGS may not be viable...

With manufacturing sector growth in the Eleventh Plan period estimated at 8 per cent against 11-12 per cent required to create about 2 million additional jobs in the country, the Prime Minister’s National Council on Skill Development (NCSD) is considering recommending to the Rural Development Ministry that the UPA’s flagship rural job guarantee scheme (NREGS) be widened to include providing “skill development” to unskilled wage seekers. The issue is likely to...

The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...

In India (and elsewhere) we have several people’s struggles which are protesting against displacement and trying to protect their sustainable life-styles and livelihoods based on farmlands, pastures and forests, rivers and coastal areas. These struggles involve farmers, forest-produce gatherers (tribals particularly), pastoral people, fisherfolk and others with related livelihoods. These traditional livelihoods have been passed on from generation to generation, but are now increasingly threatened on a scale never seen...