CATCH 22 : Youth self-employment fund faces two-pronged problem



" The government´s ongoing project, under which jobless youths are receiving unsecured credit, has faced a major roadblock after several banks and financial institutions said they cannot afford to continue giving away collateral-free loans, arguing that it could generate holes in their balance sheets." Click here to read more


Should a private public partnership be initiated to inject equity in these small enterprises or should the Government lift the lend rate cap ?

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