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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...

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Farmers in the prime of life succumbing to ‘anxiety’ -Shankar Bennur

-The Hindu Inability to repay loans, and uncertain future taking a toll on young farmers Mysuru: Even as the disturbing trend of debt-ridden farmers ending their lives is turning chronic, most among them, at least in Mysuru district, were in their youth and had perhaps entered the vocation with much hope. At a time when youngsters are being encouraged to take up farming, the ongoing agrarian crisis in the State may drive them...

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In poor health -Nandita Murukutla

-The Indian Express Reducing preventable disease should be a developmental priority. Government needs to invest in a healthier future. Indians are famous for our savings mentality. The 2014 Towers Watson Global Benefits Attitude Survey found that Indians had the second-highest savings rate, after the Chinese. We save for a variety of reasons, to create a safety net and to yield returns in future. While there is a time to save, there...

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Where is the caste data? -M Vijayanunni

-The Hindu By abdicating its responsibility to conduct the caste census and turning it into a poverty-cum-caste survey, the previous dispensation at the Centre made the exercise casual and perfunctory. This has been proved by the way the survey has turned out. In August 2010, Finance Minister and head of the Group of Ministers, Pranab Mukherjee, made a reassuring statement in Parliament on behalf of the government of India, that there would...

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Atal Pension Yojana: Guaranteed, but low pension -Anand Kalyanaraman

-The Hindu Business Line The Atal Pension Yojana is intended as a safety net for workers in the informal sector The Atal Pension Yojana (APY), like the National Pension System (NPS), seeks to provide monthly pension to subscribers from the age of 60. While the APY is open to all citizens of India between 18-40 years, it is focussed on workers in the unorganised sector. Guaranteed pension The scheme has been tailored to make it...

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