-Hindustan Times Prime Minister Narendra Modi on Wednesday launched the Mudra bank which will provide loans of up to Rs 10 lakh to small entrepreneurs including shopkeepers and beauty parlour owners, hoping that it will promote growth and create jobs. Short for Micro Units Development and Refinance Agency Bank, the financial institution will act as a regulator for micro-finance institutions (MFIs). Mudra Bank will have a corpus of Rs 20,000 crore, Modi said...
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These radio stations are voices for change in rural India -Bhanu Priya Vyas
-TheWeekendLeader.com/ Women's Feature Service Radha Shukla, 43, can't really remember the last time she took a holiday. "It's been so long since I have celebrated a festival with my family or even taken leave. But I don't mind it; my work is important," she says emphatically. To Shanta Koshti, 50, the years she spent as a poorly-paid ‘beedi' worker seem like another lifetime. "At present, my entire focus is on motivating people...
More »Rs 2 to Rs 17: Rise in NREGS wages is no hike at all -Subodh Ghildiyal
-The Times of India New Delhi: Discharging its annual duty, the Centre has revised the wages under the job guarantee scheme that range from a minimum of Rs two to a maximum of Rs 17 for a day's labour. In percentage terms, the hike ranges between 2%-10%. Madhya Pradesh and Chhattisgarh stand at the bottom of the ladder with the hike under MGNREGA being a meagre Rs 2, increased from Rs 157...
More »Tribal farmers of MP plough lonely furrow without govt help -Padma Shastri
-Hindustan Times Jhabua/Alirajpur: The poor tribal farmers ploughing the rocky surface of steep hillocks at a height of more than 700 feet in western Madhya Pradesh belie the state government's claims about making Agriculture a profitable profession. Overcoming problems posed by the undulating terrain, rocks located barely six inches below the surface and the lack of irrigation facilities, the tribes people eke out a livelihood by growing maize, millet, urad, tuar and...
More »Protecting the small farmer -Ananth Gudipati
-The Hindu Reviving the Farm Income Insurance Scheme could be the best tool for small and marginal farmers to fight falling prices in an increasingly globalised marketplace. Data from the recently held National Sample Survey Organisation (NSSO) survey show that close to 60 per cent of rural households are dependent on Agriculture for their livelihood. More than half of them are at risk of defaulting on their debts with either banks or...
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