'The classic thing we need as a country is the virtuous cycle where you have robust demand which leads to more capital spending which in turn leads to more job creation and more money in the hands of people.'
Cities, the world over, are bursting at the seams. With urbanisation on the rise, urban populations have now outnumbered rural populations in many nations, and the 'exodus' shows no signs of abating.
'Parties which supported me were all threatened. This could hardly have been called a fair election.' 'This is Modi's India.'
The CM recently instructed officials to prepare a roadmap for providing local jobs to about two million people, especially in the rural-based industries, such as khadi, dairy, and food processing units and MSMEs.
'I will try and make my panchayat a model one in Bihar.'
The bench said it has to balance the equity and it was not against any policy of the government or the scheme.
The problem of unemployment is spread across the economy.
Prime Minister Manmohan Singh on Thursday launched the 'historic' National Rural Employment Guarantee Programme aimed at providing right to legal livelihood to the rural poor.
My aim will be to get the Real Estate (Regulation and Development) Bill, recently cleared by the cabinet, tabled and passed in Parliament, says Girija Vyas.
'It's like the BJP is mocking people: Do what you want, we'll still win.'
In his letter to Kumar, the veteran leader has made a series of suggestions including an amendment in Mahatma Gandhi National Rural Employment Gurantee Act, bringing Lord Buddha's begging bowl from Kabul and hoisting tricolor at Vaishali, the land of world's first Republic.
Union Minister for Rural Development Jairam Ramesh on Friday sanctioned Rs 125 crore for Andhra Pradesh as the first installment during 2012-13 under the Integrated Watershed Management Programme.
Accelerating quantity and quality of entrepreneurship towards benchmarks from high-performing countries and Indian states can create over 30 million women-owned enterprises, of which 12 million can generate employment, a joint report by Bain & Company and Google said.
Union Finance Minister P Chidambaram's proposal about setting up an all-women bank -- first suggested in this year's budget -- received much acclaim.The proposed bank will lend mostly to women and women- run businesses, support women self-help groups and women's livelihood, Chidambaram had said.
Shrot Katewa from Jhunjhunu district of Rajasthan started 'Source for Change'- a rural BPO to empower the women of his village through professional training activities leading to employment. This is his story.
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
The I&B ministry did not grant the film titled "Caste on the Menu Card", an exemption certificate.
India will issue a new decree this week for land purchases that has stirred disquiet across the country
The aam aadmi of the country has reasons to feel disappointed, if not cheated, with the Union Budget presented by the ruling coalition that came to power in his name, it says.
She wondered whether reforms meant pointing guns at farmers and that there would be no shopkeepers in the localities.
Tata Trusts have tied up with Google, Intel.
The government must prepare for below-normal monsoon.
The biggest spend (Rs 4,406 crore) was for Schedule VII (II), which involves "promoting education, including special education and employment enhancing vocation skills, especially among children, women, elderly and the differently abled and livelihood enhancement projects". The FY19 spend was 17.2 per cent higher than Rs 1,0128.3 crore spent during the previous year.
A mother-daughter duo is working tirelessly to revive the art and empower rural artisans too.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Despite admitting to price pressures both from food items and input prices, RBI Governor Shaktikanta Das on Wednesday hoped that a normal Southwest monsoon will have a "soothing impact" on inflation pressures and ruled out any wide variations in medium-term inflation forecast from what was given in April. In an unscheduled address earlier in the day amidst the raging pandemic, Das said the overall outlook for the economy is highly uncertain and is clouded with downside risks. He offered a slew of relief and liquidity measures to individuals and small businesses apart from a Rs 50,000 crore special liquidity window to the healthcare sector.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
A day after the pro-reformist Telugu Desam Party government received a drubbing in Andhra Pradesh assembly elections, the Planning Commission on Wednesday cast doubts over levying user charges for providing key inputs to rural farmers.
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
Billionaire Mukesh Ambani on Wednesday pitched for using the USO Fund to subsidise smartphones for select groups to help penetrate the digital revolution and said India should make the rollout of 5G or the fifth-generation technology standard for broadband cellular networks a national priority. As much as 5 per cent of the licence fee paid by telecom operators goes to the Universal Service Obligation (USO) Fund, which was set up in April 2002 for achieving universal service objectives by providing access to telephone services in rural and remote areas and creation of infrastructure for mobile services and broadband in these areas. However, according to the CAG, less than half of the funds so collected are transferred for the said purpose.
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
Drought hit Bihar plans to increase the number of days of work from 100 to 150 under the rural job scheme to check migration of the poorest of poor in search of livelihood by providing employment opportunity locally.
The Jan-Dhan accounts are zero balance accounts, comes with a life cover of Rs 30,000 per person, and an accidental cover of Rs 100,000. An active user of the account can also get overdraft facility of Rs 5,000 from banks.
With more than 21 lakh migrant workers returning to the state as per official data, the Nitish Kumar government faces an enormous challenge in providing jobs for them.
Finance Minister Nirmala Sitharaman on Tuesday said there were visible signs of revival in the economy but the GDP growth may be in the negative zone or near zero in the current fiscal.
WhatsApp on Wednesday said it expects to facilitate the purchase of "affordable sachet-sized" health insurance through its platform by the end of the year as part of its efforts to provide users in India with greater access to financial solutions. The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.
As per the 2001 census, approximately 92 million households or 490 million people are dependent on marginal or small farm holdings.
The resurgence of COVID-19 has dented but not debilitated economic activities in the first half of Q1 of the current fiscal even though caseload of infections is much higher than before, according to an RBI article. The ferocity of the second COVID-19 wave has overwhelmed India and the world, the article said, adding that war efforts have been mounted to stop the surge in its tracks. "The impact of the second wave on the real economy seems to be limited so far in comparison with the first wave. Evidently, the localised nature of lockdowns, better adaptation of people to work from home protocols, online delivery models, e-commerce and digital payments are at work," the article on the state of economy authored by RBI Deputy Governor M D Patra and other officials said.
The package comprises three projects that will aim to improve the state's road network (with an allocation of $250 million or Rs 1,225 crore), its agricultural tank systems ($112 or Rs 548 crore) and increase livelihood opportunities for its rural poor ($82.4 million or Rs 404 crore).
