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Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy

-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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Budget outlays too small to effectively run welfare schemes, say social activists

-Scroll.in Activists also challenge the government's proposal to make Aadhaar mandatory for social schemes. Soon after the Budget was presented in the Parliament on February 29, Prime Minister Narendra Modi described its provisions as pro-poor, pro-farmer and pro-village. But two weeks on, seven grassroots campaigns working on the right to food, public health, education, sanitation, and the rural employment guarantee programme said that the Budget will fail to sustain existing welfare schemes. In...

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Addressing the root causes of farm distress -Usha Tuteja

-The Financial Express It is expected that the measures announced in the Budget will boost agricultural output and rural incomes It appears that Budget FY17 has not generated enough excitement in media, academics and the masses, including farmers. Currently, farm distress is a serious concern in the country. The livelihood security of the rural population is in peril. Farmers are in dire need of substantial help to come out of the crisis-like...

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Budget 2016: In the right direction -S Mahendra Dev

-The Indian Express Budget 2016 has a greater focus on the rural and social sectors. But the challenge will lie in improving delivery systems. Indian agriculture as well as the rural sector have been in distress in the last two years due to deficit rainfall and the decline in global commodity prices. The rural non-agriculture sector, too, has been under stress due to the lack of demand for manufacturing and services. It...

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Gender bias rampant in farm sector -K Venkateshwarlu

-The Hindu Women continue to face discrimination in terms of owning assets like land and payment of wages, accessing credit, technology, market and irrigation facilities Hyderabad: Such is the gender bias that even when her spouse commits suicide forced by agrarian crisis, the woman farmer is left to fend for herself. Even as they keep breaking the proverbial glass ceiling to move up the corporate ladder and make a mark virtually in every...

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