-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...
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Farmers in the prime of life succumbing to ‘anxiety’ -Shankar Bennur
-The Hindu Inability to repay loans, and uncertain future taking a toll on young farmers Mysuru: Even as the disturbing trend of debt-ridden farmers ending their lives is turning chronic, most among them, at least in Mysuru district, were in their youth and had perhaps entered the vocation with much hope. At a time when youngsters are being encouraged to take up farming, the ongoing agrarian crisis in the State may drive them...
More »Insurance scheme for farming sector on the anvil: Jaitley
-PTI Amritsar: "In the coming time, we have plans to spend Rs 50,000 crore on farming and irrigation sectors in the country." Union Finance Minister Arun Jaitley on Tuesday said the Centre was planning to spend Rs 50,000 crore on the farming and irrigation sector and plans were also afoot to roll out an insurance scheme exclusively for the farming sector to compensate for crop loss. Admitting that the condition of farmers is...
More »Rural poor may get 90% more funds to build houses under new scheme -Saubhadra Chatterji
-Hindustan Times Poor people in rural India may get 90% more funds to build their houses with the government planning to revamp the rural housing scheme, Indira Awas Yojna (IAY). The scheme — likely to be redesigned as the national Grameen Awas Mission — currently offers beneficiaries Rs 70,000 to build a house and Rs 8,000 for a toilet. The Centre is planning to hike this allocation to up to Rs 1.48...
More »Declining Cattle Population -Nilakantha Rath
-Economic and Political Weekly There has been a major change in the composition and mix of the cattle population in India. The proportion of male cattle has declined sharply as farmers do not fi nd it worthwhile to maintain bullocks to plough holdings that are becoming smaller and smaller. The composition of the milch cattle population too is changing. The proportion of the indigenous breed is falling and that of the...
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