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Indian banks gave more home loans than agricultural credit

In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...

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We did not manage to double the income of Indian farmers -Himanshu

-Livemint.com Multiple surveys indicate that we not only missed that goal but our rural economy is in deep distress On 28 February 2016, at a farmer rally in Bareilly, Uttar Pradesh, Prime Minister Narendra Modi announced the government’s intention of doubling the income of farmers by 2022, a year marking 75 years of India’s independence. That it was not just political rhetoric but a real project was evident from the follow-up. An...

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Jharkhand eyes rural empowerment -Animesh Bisoee

-The Telegraph In the last three years since the UPA alliance led by Hemant Soren came to power in December 2019, there has been a sixfold increase in the number of women self-help groups receiving community investment funds Jamshedpur: Sustained drive by the Jharkhand State Livelihood Promotion Society (JSLPS) has led to the fruition of empowerment of the rural economy, a dream of Jharkhand chief minister Hemant Soren. In the last three years...

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Price cut on TB drug to expand access

-The Hindu Business Line Agreement between Viatris, MedAccess and TBA to slash cost by 34 per cent on pretomanid A new agreement among drugmaker Viatris, MedAccess, and TB Alliance looks to reduce the price of pretomanid, a drug used to treat multidrug-resistant tuberculosis, by 34 per cent. The agreement will help expand access to this critical new treatment in more than 140 countries, including those with the highest TB burden, said a joint...

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5-fold rise in Jharkhand rural beneficiaries -Animesh Bisoee

-The Telegraph A total of 16,71,724 rural families were provided livelihood by connecting them with Sakhi Mandals during the Covid pandemic between 2020 and 2021 Jamshedpur: There has been a five-fold increase in the number of rural families connected to livelihood projects of the Jharkhand government in the last three years of the Hemant Soren-led JMM-Congress-RJD alliance government.  According to data shared by the state public relation department on Tuesday evening, between 2012...

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