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Independent financial body to beset up to fund self-help groups: Sonia by K Balchand

The Union government will set up an independent financial institution to give funds for effective functioning of the self-help groups (SHGs) and better empowerment of the rural poor. UPA chairperson Sonia Gandhi announced this while launching the National Rural Livelihood Mission (NRLM), which will be funded through financial institutions. As of now, banks will be mobilised to extend loans to the tune of Rs. 6,800 crore this year at subsidised rates...

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Sonia to launch flagship projects today

-The Times of India   A day before UPA chairperson Sonia Gandhi's visit to the tribal belt of the state, chief minister Ashok Gehlot and Union minister C P Joshi reviewed the preparations at Banswara and Dungarpur. Sonia would be on a day's visit to Banswara to launch the Centre's flagship rural self-employment programme and lay the foundation stone of the long-awaited ambitious Dungarpur-Banswara-Ratlam rail line project in Dungarpur district. UPA...

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Sonia to launch rural livelihood mission

-The Deccan Herald   The Congress-led UPA Government is all set to re-launch its flagship rural self-employment scheme as a national mission to reach out to all the rural Below Poverty Line (BPL) families and link them to sustainable livelihood opportunities. Congress president and UPA chairperson Sonia Gandhi will launch the National Rural Livelihoods Mission (NRLM) at Banswara in Rajasthan on Saturday. Rural Development Minister Vilas Rao Deshmukh said that the NRLM –...

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NGOs under pressure to reveal their funding source, show the impact of their work by Naren Karunakaran

As NGOs gain traction in public and policy spaces, they face increasing pressure from the political class and citizens to reveal their sources of funding, show impact of their work, and demonstrate who they represent DHAN Foundation in Madurai has had a remarkable run in the southern heartland for over a decade, focusing on livelihoods, water and food security . Its work, particularly in tank-based watershed development, is an exemplar....

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Cash Transfers as the Silver Bullet for Poverty Reduction: A Sceptical Note by Jayati Ghosh

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

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