Financial Inclusion
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How microfinance companies use women’s labour for profit with little regard for financial inclusion
Far from entrepreneurship and self-sufficiency, the messy reality is that most women borrow money to clear debts or pay for school fees and medical expenses.
Smitha Radhakrishnan
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Interview with NABARD chief: Women are the best borrowers and the best repayers
India needs to increase the proportion of women in the workforce to give it an economic impetus, says GR Chintala.
Govindraj Ethiraj, IndiaSpend.com
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As pandemic pushes India’s microfinance sector to the brink, women are the first to fall
Loan disbursement by the sector fell by 97% in the April-June quarter compared to previous year.
Mahima Jain
Trending
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Expelled BJP Minority Morcha leader Usman Ghani arrested in Rajasthan
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Canada: Amid anti-immigration rhetoric, curbing international students is a knee-jerk reaction
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Instant ‘gate-cane’ weddings in parched Marathwada supply desperate labour to sugar industry
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By mixing Carnatic and Hindustani, Mysore’s kings helped create a unique body of music
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Why Calcutta HC struck down 25,000 teachers’ appointments and how it could impact the election
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Women’s self-help groups in rural India have pushed past obstacles and boosted household incomes
The National Rural Livelihood Mission benefited Dalits and Adivasis as much or more than other social groups, a recent evaluation found.
Shreya Khaitan, IndiaSpend.com
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Over 40.35 crore poor have access to banks as Jan Dhan scheme completes six years: Finance Ministry
The government also said 34.81 crore or 86.3% account were operative in August.
Scroll Staff
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Over 80% Indians now have bank accounts. How many are actually using them?
Narendra Modi government’s Jan Dhan Yojana was supposed to increase financial inclusion by making banking more accessible to the poor. It has come up short.
Neha Abraham, FactChecker.in
Video
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Watch: K-Pop singer Aoora sings in Assamese as he collaborates with Nilotpal Bora in a new folk song
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Watch Anu Malik and Sonu Nigam’s impromptu performance of ‘Main Hoon Na’ at Farah Khan’s home
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Watch: Doordarshan newsreader faints on live TV in Kolkata owing to severe heat
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Watch: Spice Girls sing ‘Stop’ as bandmates reunite to celebrate Victoria Beckham’s 50th birthday
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Watch: Over 350 ballerinas come together to break the world record for standing on tip toes
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Nandan Nilekani to chair RBI panel to improve digital payments
The five-member panel has been tasked with improving financial inclusion through digitisation.
Scroll Staff
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Government claims Jan Dhan Yojana was a big success. Here’s a reality check
Independent research suggests that the financial inclusion scheme may not have had as big an impact.
Mayank Jain
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With first Sharia-compliant co-op bank in Kerala, has Islamic banking moved ahead in India?
The ‘Halal Fayidah’ bank aims to attract devout Muslims who are out of the conventional banking system as giving and charging interest is against Islamic law.
TA Ameerudheen
The Reel
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Aditi Rao Hydari on playing diverse characters: ‘I want the audience to take me home with them’
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The story of India’s unique ‘Milk Revolution’ is going to the Cannes Film Festival
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The story behind the ‘Kuch Kuch Hota Hai’ title track: ‘Just write very simple poetry’
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‘Juna Furniture’ review: A simplistic crusade against the neglect of senior citizens
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‘Late Night with the Devil’ review: A deft satire on the price of success
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Full text: Raghuram Rajan on how Indians can be freed from the clutches of moneylenders
Three approaches to greater financial inclusion for people on the margins.
Raghuram G Rajan
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This public sector bank was so successful it gave Rs 658 billion in profits to the Centre
But RBI governor Raghuram Rajan thinks this should mean better pay and pension.
Rohan Venkataramakrishnan
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The weak link in Modi's ambitious plan to give every Indian a bank account
If the Pradhanmantri Jan Dhan Yojana is to work, the government will have to find a way to make the business correspondent model truly sustainable.
Rohan Venkataramakrishnan
The Field
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Athletics, Asian U20 C’ships: Harshit Kumar wins hammer throw gold as India’s medal tally increases
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Archery, World Cup Shanghai: Indian compound archers sweep all three team event gold medals
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IPL 2024: Jonny Bairtsow shines as Punjab Kings beat Kolkata Knight Riders in record-breaking match
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IPL 2024: ‘Save the bowlers’ – Reactions as Punjab chase down record total against Kolkata
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Paris Olympics 2024: Nethra Kumanan secures India’s second quota in sailing