-Down to Earth The debt in rural households is higher, even though their total assets are lesser than urban households A new survey by the National Sample Survey Organisation (NSSO) shows that rural households have higher debts than their urban counterparts. At the same time, an urban household owns more than double the asset than that of a rural household. A rural household, on an average, owned assets of Rs 10...
More »SEARCH RESULT
Total Matching Records found : 137
‘Urban poor own nominal assets’ -Samarth Bansal
-The Hindu On an average, rural and urban households own assets worth Rs.10 lakh and Rs.23 lakh respectively. The average asset holding of the bottom 10 per cent of urban Indian households is around Rs. 291, new data from the National Sample Survey Office (NSSO) show. Most households reported owning some kind of physical or financial assets, the survey, conducted in 2012-13 and made public on Friday, shows. On an average, rural and...
More »RBI asks banks to extend loans to women SHGs at 7% rate
-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...
More »Questions aplenty on Haryana panchayat poll law -Krishnadas Rajagopal
-The Hindu Bench offers limited and unidimensional explanations to petitioners’ queries The Supreme Court judgment upholding the new Haryana panchayat law, which limits the voter’s freedom to choose his own candidate in a participatory democracy, offers limited and unidimensional explanations to questions and issues raised by parties in court. The judgment by a Bench led by Justice J. Chelameswar does not explain why it considers the reasons for disqualification in Section 175 of...
More »MP loan scam: Interest subsidy for 1.77 lakh ‘ghost’ farmers swindled -Amarjeet Singh
-The Times of India BHOPAL: At a time when suicides by farmers in Madhya Pradesh following scanty rain and poor yield have brought back focus on their plight, allegedly more than 1.77 lakh ghost farmers benefitted from interest subsidies on their loans. Putting a question mark on the much hyped 0% interest farm loan scheme of the state government, a series of RTI queries by TOI revealed that between 2007-08 and 2012-13,...
More »
