The National Sample Survey Organization's Multiple Indicator Survey - part of the 78th round - has revealed that only 39.1 percent of all Indian households have access to drinking water within the dwelling. When it come to cooking, 46.7% of rural households use firewood. These are some of the findings of the survey whose purpose was to collect data about the indicators of Sustainable Development Goals. Data was collected for households...
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Need to make agri credit system equitable -Bishwa Bhaskar Choudhary
-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial banks and points towards the poor credit delivery capability of cooperative banks and regional rural banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been...
More »Oxfam's India Discrimination Report: Women in India earn less and get fewer jobs
-Press release by Oxfam India dated 15 September 2022 New Delhi: Oxfam India’s latest ‘India Discrimination Report 2022’ finds women in India despite their same educational qualification and work experience as men will be discriminated in the labour market due to societal and employers’ prejudices. The academically recognised statistical model applied in the India Discrimination Report is now able to quantify the discrimination women face in the labour market. The lower...
More »RBI proposal to loosen lending norms for private players a catastrophe in the making -Rana Mitra
-Frontline.thehindu.com The RBI’s proposal to loosen regulations for private lenders in the microfinance space will have disastrous consequences for the poor, especially women in rural areas. Microfinance, a category of financial services aimed at serving people from low-income households who lack access to conventional banking credit and services, was originally designed by international finance capital institutions such as the World Bank as an alternative to providing direct concessional credit to the poor—which...
More »During pandemic, only 20 per cent of farmers under PM-Kisan had access to formal credit -Ashlin Mathew
-National Herald Of 10.5 crore farmers covered under PM-Kisan, only 2.18 crore farmers received Kisan Credit Card. This means most small, marginal and landless farmers continued to struggle throughout the pandemic During the period of severe economic crisis due to Covid-19 pandemic, only 20 per cent of farmers under PM- Kisan have had access to formal credit. Of the 10.5 crore farmers covered under PM-Kisan, only 2.18 crore farmers have been issued...
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