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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Real estate, IT, gig jobs, MNREGA: Making sense of India’s roller-coaster unemployment crisis -Radhika Pandey
-ThePrint.in Employment in India rose from 394.6 million in August to 404.2 million in September, and while the numbers are still below pre-Covid levels, the increase is encouraging. India’s unemployment rate dropped sharply to 6.4 per cent in September from 8.3 per cent in August. This was the lowest unemployment rate in the past four years. The fall in unemployment was seen across both rural and urban regions. Alongside the decline in the...
More »In search of hope and care: Medical tourism or forced migration?
-Down to Earth The arduous journeys of those who migrate for medical treatment in India Marta kya na karta (One can do anything when pushed to the wall),” says 40-year-old Rita Kumari from Supaul district of north Bihar. At a time when the COVID-19 pandemic was tightening its grip across the country Rita and her daughter, Sandhya, had to undertake multiple trips to hospitals in Nepal and Uttar Pradesh, before reaching the All...
More »Lack of income causing anxiety in rural Kerala
-The Hindu Workers in rural Kerala are badly hit. Kochi: Shanthi M., a 53-year-old from a family dependent on dairy farming in the Rayamangalam panchayat along the eastern suburbs of Ernakulam district, has dumped down the drain nearly 17 litres of milk daily ever since two members of her family tested positive for COVID-19. There are no takers for milk from an infected household. Nor is the family at liberty to cut...
More »rural tourism opens up new livelihood options for coastal communities -T Appala Naidu
-The Hindu Women make a decent living selling groundnut to beach visitors MANGINAPUDI: Several women living in the stretch of villages along the 9-km beach road have found a new opportunity to earn income — tapping the benefits being offered by the flourishing rural tourism with the development of the famous Manginapudi beach in Krishna district. Under a temporary thatched store, they sell groundnut mostly grown in the sandy soil along the beach...
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