-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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A lesson on land acquisition -CP Chandrasekhar
-The Hindu The parliamentary stand off over the Indian government's effort to ease procedures to acquire land for "public purposes" continues, with the government deciding to re-promulgate the ordinance amending the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Besides concern about the impact that this would have on the farming community and those dependent on it, another cause for the controversy is the...
More »Jairam Ramesh, Congress leader and former Rural Development Minister in the UPA, interviewed by TK Rajalakshmi
-Frontline Interview with Congress leader Jairam Ramesh by TK Rajalakshmi THE Congress has been firm in its opposition to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015. The Ministry for Rural Development under Jairam Ramesh in the previous UPA government drafted the 2013 Land Acquisition Bill, which the NDA government now seeks to amend. Excerpts from an interview with Jairam Ramesh: * Is your party...
More »Impact of public transport on Delhi -Vishal Kant
-The Hindu One of the major reasons for the fall in road accidents in the last decade coincides with the metro gradually becoming the principal artery of public transport Despite increased traffic, Delhi saw its lowest number of fatal accidents in a decade in 2014. Delhi Police data reveal that 1,595 deaths were reported (1,559 accidents) in 2014, compared to 1,754 in 2013; 1,866 in 2012; 2,110 in 2011; 2,153 in 2010;...
More »India’s unfinished agricultural and rural revolution -Uma Lele
-The Financial Express The BJP's resounding Lok Sabha victory after years of policy paralysis raised a widely-shared hope that the government, led by PM Narendra Modi, will put India back on track by resuming inclusive growth. And that agriculture and rural development would be at the centre of the agenda. Half the employment still comes from agriculture, though it contributes just 14% to the GDP. India contains the largest number of...
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