-Deccan Chronicle Hyderabad: Nearly 91 per cent of farmers in AP are debt-ridden. Unable to repay their debts to private moneylenders, farmers sometimes commit suicide, state Agriculture department statistics. This was informed to the AP Assembly too in the recent Budget Session by minister for agriculture P. Pulla Rao. Most of these farmers are tenants who number nearly 25 lakh. Of them, only 1.4 lakh get loans from banks. Nationalised banks, in...
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Aadhaar and Brazil soothe French heartache -KM Rakesh
-The Telegraph Bangalore: Six years ago, a 16-year-old Revanna M had missed a chance to travel to France for football training because, as an orphan, he didn't have the documents to obtain a passport. Memories of that heartbreak returned to haunt him last summer when he was chosen by an NGO as one of six underprivileged youths to visit Brazil during the football World Cup. Again, a passport seemed elusive for Revanna,...
More »Delhi: Slum shame -Mayura Janwalkar
-The Indian Express Delhi’s slums house people whose work makes the lives of its better-off citizens easier but they themselves offer the worst of living conditions. Lakhs of people are denied the basic need for a toilet, breeding indignity and infections. The city’ urban shelter agency DUSIB’s report on how to make the city slum-free is a challenge for any government, especially one elected on a pro-poor agenda. The Indian Express...
More »43% of India's Bank Accounts lying dormant: World Bank
-Business Standard There was a significant rise in number of Bank Accounts held by Indians last year but a large chunk of these saw no transaction, shows a World Bank report Amid data suggesting nearly every Indian household now has access to a bank account, thanks to a renewed push to financial inclusion under the government’s Pradhan Mantri Jan Dhan Yojana, a set of numbers from the World Bank Global Findex for...
More »Cash for Food--A Misplaced Idea -Dipa Sinha
-Economic and Political Weekly Direct benefi t transfers in the form of cash cannot replace the supply of food through the public distribution system. Though it is claimed otherwise, DBT does not address the problems of identifying the poor ("targeting") and DBT in place of the PDS will expose the vulnerable to additional price fluctuation. Further, if the PDS is dismantled, there will also be no need or incentive for procurement...
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