-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
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Centre slaps fee to curb plastic use
-The Telegraph New Delhi: Shopkeepers and street vendors across India who wish to continue providing commodities in plastic bags would need to pay Rs 4,000 per month to local authorities under new rules intended to discourage free carry bags. The Union environment ministry today announced revised rules to manage India's massive burden of plastic waste. The rules will introduce this waste management fee on vendors, while imposing a collect-back system for brand-owners...
More »The budget’s dangerous philosophy -Harsh Mander
-Livemint.com The government relies on for-profit big business to deliver public goods despite their inability to deliver Can we listen to the budget as an annual public statement by the government of its economic and social philosophy and intent? The centre abandoned five-year plans that earlier laid down a road map of where government policies are headed. The budget, then, is an important reality check of whether the government is literally...
More »CBSE and ICSE ace state boards -Basant Kumar Mohanty
-The Telegraph New Delhi: Schoolchildren from national boards have outperformed those from the state boards in the first-ever standardised countrywide test of Class X pupils, carried out as part of a sample survey by the National Council of Educational Research and Training (NCERT). Students from the Council for the Indian School Certificate Examinations, which conducts the ICSE exam, and the Central Board of Secondary Education have come out tops while Madhya Pradesh,...
More »Getting our goats -Bibek Debroy
-The Indian Express We need to make goat farming organised, tie it to agriculture and animal husbandry. This is an apocryphal story, but it is bizarre enough to be true. Once every four or five years, we have a livestock census. The latest one is the 19th, for 2012. This anecdote is about the 2007 version. In a village in West Bengal, there were 31 geese — 17 male, 14 female. An...
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