-Ideas for India The share of bank credit extended to MSMEs increased dramatically during the pandemic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this growth. He outlines the current policy of providing credit against collateral, and the constraints MSMEs face while borrowing– which leads to decreased investment and firm productivity. He argues that the learnings from the credit guarantee scheme...
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With Demand for MGNREGA Work Increasing in Sept 2022, Activists Warn About Rural Distress -Ronak Chhabra
-Newsclick.in As per the data, the September demand – which was 16.7 million under the household segment and 20.2 million when it comes to individuals – remained higher than the pre-COVID levels, even as the figures for the same month are lower than last year. New Delhi: The marginal increase in demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in September points towards a “much greater level...
More »'Every Woman' releases Zero Draft of global treaty on preventing violence against women & girls
-Press release by Every Woman Treaty dated September 30, 2022 Every Woman, a coalition of more than 1,700 women's rights advocates in 128 countries, including India, has developed the findings-based draft instrument (Zero Draft EWT), informed by extensive consultation with experts from all regions of the world, including survivors, frontline activists, medical specialists, practitioners, scholars, human rights attorneys, and policy-makers. This Draft of global binding norm focuses on violence prevention and...
More »Govt’s Bizarre Plans of Dealing With Looming Food Grain Crisis -Subodh Varma
-Newsclick.in Privatisation of grain procurement and cap on procurement subsidies are among the ideas being floated. Amid a slew of worrying news on the food grain front, the Narendra Modi-led government not only appears to be strangely cool, but it is also throwing up bizarre proposals to change the whole procurement-distribution system. This could be the famous ‘using a crisis as an opportunity’ mode of thinking that has led to catastrophic effects...
More »Demolitions Not Only Continue to Wreck Livelihoods, Now Used as 'Punitive Measure’: Report
-TheWire.in Governments demolished 36,486 houses in 2021 – meaning at least 100 homes were destroyed every day. In other words, at least 567 were evicted every day or 24 people lost their homes every hour. New Delhi: The latest report of the Housing and Land Rights Network (HLRN) on forced evictions in India has pointed to the new disturbing trend of “demolitions as a punitive measure” by various state governments and noted...
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