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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Ordinary voters flagged Modi speech to Election Commission – and came up against a broken system
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Harsh Mander: Past, present and future – what Narendra Modi’s campaign of hate signifies
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Mumbai principal sacked after being targeted by Hindutva website; says she is mulling legal action
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‘What does it take / to let go?’: There’s a new anthology of English haikus written by Indian poets
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Memoir: A journalist remembers the 1960s and how the Naxal movement was portrayed in books and films
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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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‘Hind’s Hall’: Rapper Macklemore releases poignant song in support of Palestine, US campus protests
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Met Gala 2024: From Alia Bhatt to Isha Ambani, what Indians in attendance wore
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Watch: South Korean band performs Rabindra Sangeet accompanied by traditional Korean instruments
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Watch: This man fused hip-hop with Bharatnatyam to dance to Shakira’s ‘Hips Don’t Lie’
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Watch: Comedian hilariously mimics different types of announcements at railway stations
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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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Watch: Politics, ambition and crime in Vasantha Balan’s ‘Thalaimai Seyalagam’
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How the fantasy film ‘Pathala Bhairavi’ heavily influenced Telugu cinema
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Watch: Manoj Bajpayee’s hundredth movie ‘Bhaiyya Ji’ is a revenge drama
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Start the week with a film: Why ‘Manjummel Boys’ was a blockbuster
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How actor Shahana Goswami flies under the radar and above the competition
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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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Table Tennis, Saudi Smash: Manika Batra beats world No 14 Nina Mittelham to enter quarter-finals
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All-round development: The Impact player rule is holding back several multifaceted players in IPL
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IPL 2024: Travis Head and Abhishek Sharma lead Hyderabad to crushing 10-wicket win over Lucknow
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Badminton: India to host World Junior Badminton Championships 2025 in Guwahati
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Athletics: Neeraj Chopra to compete in India for first time since Tokyo Olympics