Minister Shivaraj Tantagagi Instructs To Prevent Menace Of Middlemen ibcworldnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibcworldnews.com Daily Mail and Mail on Sunday newspapers.
The IRDP alone accounted for 40 per cent of the losses incurred by commercial banks in rural lending in India. By the end of the 1980s, great concern began to be expressed about public sector banks' low capital base, low profitability, and the high percentage of non-performing assets, whose earnings were invariably lower than their loan losses and transaction costs. They required continual refinancing and recapitalization by apex institutions. The final nail in the coffin was the official loan waiver of 1989, which destroyed whatever semblance of credit discipline remained
The formation of the National Skill Development Mission has necessitated the need to re-examine the need for skill development in relation to rural livelihood in Manipur. This is felt more in a state like Manipur where the challenge is emanating from the demographic dividend, rural and urban set up.