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Rural poor left out in financial inclusion

-The Indian Express   Financial inclusion in India seems to be far from inclusive. Out of a total of 5,165 new branches opened in 2011, only 21.86 per cent are rural branches, says a study. A growth rate of more than 700 per cent in urban Customer Service Points (CSPs) over the last year points towards the latest trend of urbanisation among Business Correspondents (BCs). Although there is not much difference between growth...

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A very special case by Partha Chatterjee

I must begin with two disclaimers. The Singur land development and rehabilitation bill, 2011 was moved in the West Bengal legislative assembly last Tuesday by the industries minister with whom I happen to share a name. However, I believe he does not share any of the opinions or sentiments expressed below. Second, I was a persistent critic of the Left Front government when it was in power and what I...

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NREGS and the fast disappearing artisan by Nirmala Sitharaman

A thinking government, regional or central, would ensure sustainable wages for skilled artisans and help them market the handcrafted products, instead of letting them join the NREGS queue. The design and execution of the much-touted National Rural Employment Guarantee Scheme (NREGS) are likely to leave a lasting impact on some areas of our economy. Surely, the prototype version did not foresee that it would act as a catalyst for changes that...

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Brace yourself, high food prices are here to stay, says report

-PTI   Global food prices are expected to be higher in the 2011-20 period compared with the previous decade and this could have a “devastating” impact on the poor in developing countries, an OECD-FAO report has said. “Higher food prices and volatility in commodity markets are here to stay,” Organisation for Economic Co-operation and Development (OECD) and Food and Agriculture Organisation (FAO) said in a joint report released today. The report ‘OECD-FAO Agriculture...

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Correction course in MP stirs debate by Maitreyee Handique

Madhya Pradesh is betting cash incentives will curb population growth and improve the ‘life cycle’ of the girl child, but experts question the efficacy of such policies in addressing deep-rooted social prejudices Visitors trudging down the dusty village road are greeted by a giant billboard featuring a smiling Shivraj Singh Chouhan, the chief minister of Madhya Pradesh, hugging two young girls. The tagline in Hindi reads: Gaon ki beti, kisse chhoti...

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