-The Times of India NEW DELHI: The government aims to transform India into a digitally empowered society through its Digital India programme but it may have a task at hand with a recent survey showing that only 18 per cent of those in the age group of 14-29 years in villages and 49 per cent in cities were able to operate a computer in 2014. Indicating the Herculean task awaiting the government,...
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Limited outreach of subsidised crop loan scheme among small & marginal farmers
The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
More »Open an app, store blood -KM Rakesh
-The Telegraph Bangalore: A mobile app that enables donors to save blood for future use by maintaining accounts was launched today by an ad agency that has joined hands with the Indian Red Cross Society's Karnataka branch. Possibly the world's first such project, an app called Blood Banking on iOS and Android platforms was launched with an eye on the younger generation that is more attuned to smart technologies for anything from...
More »UP tops growth in enterprises, jobs -TCA Sharad Raghavan
-The Hindu The State has seen a 67.4 per cent growth in the number of establishments. Among the larger States, Uttar Pradesh has seen the highest growth in enterprises and employment generation over the past decade, outstripping the economically strong states such as Gujarat, Maharashtra and Punjab, according to Data from the Sixth Economic Census released by the Ministry of Statistics and Programme Implementation. Uttar Pradesh has seen a 67.4 per cent growth...
More »In FY15, banks with high NPAs rejected more RTI requests -Surabhi
-The Hindu Business Line IOB, BoB and Canara Bank lead, finds study by Commonwealth Human Rights Initiatives New Delhi: As the Finance Ministry and the central bank try to clean up the balance sheets of troubled public sector lenders, a new study has found that banks that saw a sharp rise in bad loans in 2014-15 were not very forthcoming with information requests by the public. While noting that there was “no positive...
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