Getting rural India to register for Aadhaar, the unique identification number scheme, is going to be a rewarding experience for banks. Leveraging on the government’s financial inclusion agenda, the Unique Identification Authority of India (UIDAI) has decided to pay Rs 50 per enrolment to banks and Life Insurance Corporation of India, which are acting as its registrars, for signing up residents till March 2011. Besides, any person who is below...
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LIC cuts lifeline of 38 lakh rural poor
The Union government's efforts to provide quick and quality insurance services to 38 lakh rural landless agricultural labourers in the state under the Aam Aadmi Bima Yojana (AABY) have suffered a serious setback with the Life Insurance Corporation of India (LIC) refusing to renew the scheme. The LIC's decision has not only resulted in hardships not only to the poor households over the past six months but also to the children...
More »Nod for cash scheme for pregnant women, lactating mothers by Aarti Dhar
To be implemented in 52 districts Cash incentives to be based on certain conditions The scheme will be implemented through ICDS NEW DELHI: To improve maternal and child health, the Cabinet Committee on Economic Affairs on Wednesday approved the Indira Gandhi Matritva Sahyog Yojana (IGMSY) — a monetary scheme for pregnant women and lactating mothers — on a pilot basis in 52 districts in this Five-Year Plan. Each pregnant and lactating woman will receive...
More »‘Hawkers have a fundamental right to trade' by J Venkatesan
Observing that hawkers have a fundamental right to carry on their business, the Supreme Court has asked the Delhi Government to enact a law to regulate their trade keeping in mind also the right of commuters to move freely and use the roads without any impediment. A Bench of Justice G. S. Singhvi and Justice A. K. Ganguly disposing of a batch of appeals filed by hawkers said “before June 30,...
More »Government decides on major push for pulses
Raises support price by Rs 380/qtl; marginal rise for wheat. Pulses saw the highest rise of Rs 340- 380 per quintal in minimum support price (MSP), the government announcing these for the current rabi season. The decision is in line with government efforts to increase their sowing, to meet the increasing demand for the crop. The MSPs of masur and chana were increased by Rs 380 per qtl and Rs 340 per...
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