-PTI Mumbai: The RBI today asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the National Rural Livelihoods Mission (NRLM)-Aajeevika scheme during 2015-16. “All women SHGs will be eligible for interest subvention on credit up to Rs 3 lakhs at 7 per cent per annum. SHG availing capital subsidy under Swarnjayanti Gram Swarojgar Yojana (SGSY) in their...
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Narendra Modi government sets ambitious asset creation targets for MGNREGS -Ruchika Chitravanshi
-The Economic Times NEW DELHI: The Narendra Modi government is setting out to achieve in the next two years what the Mahatma Gandhi National Rural Employment Generation Scheme could just about accomplish in the last 10. The rural development ministry is confident of adding 1 million farm ponds and wells and another million vermi composting farms under the programme. That's almost as much as the total such assets the scheme — put...
More »One-third of West Bengal kids stunted & underweight, says NFHS-4
A French journalist once wrote: The more things change, the more they stay the same. Perhaps the same can be said about nutritional status of children in West Bengal at present in comparison to the past. At the time when Buddhadeb Bhattacharjee, the then Chief Minister of West Bengal, was entertaining private capital in Singur and Nandigram, the rate of undernutrition was quite high in his state. A little less than...
More »Flagship scheme MGNREGA: Sustainability of a turnaround - Shalini Nair
-The Indian Express A renewed funding squeeze may undermine MGNREGA’s recent revival, fear civil society activists. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme which guarantees 100 days of wage employment per year to rural households, may have staged a revival in the last two quarters after showing a declining trend in person-days generation during the first year of the Narendra Modi government. But the turnaround could well be temporary,...
More »Civil society urges more resources for social sector
Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...
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