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Aadhaar is adequate to open a bank account: RBI

-The Hindu Mumbai: The Reserve Bank of India's committee on comprehensive financial services for small businesses and low-income households headed by Nachiket Mor on Friday said that the Aadhaar process was adequate to enable every Indian to get a bank account by January 1, 2016. "Target is dependent on our perception of what is happening to Aadhaar. The bank account target is really an electronic target, as we have articulated it....

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Micronutrient mixtures developed for boosting crop yield, soil quality-MJ Prabu

-The Hindu Adoption of high production technology and cultivation of high yielding varieties have put tremendous pressure on soil nutrient reserve in the country leading to a great imbalance in nutrient status in the soil. A large chunk of soil in the country has been rendered deficient in micronutrients, which is one of the major reasons that crops have stopped responding to fertilizers, according to Dr. M Anandaraj, Director of Indian Institute...

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UPA keen on passing anti-graft laws along with Vote-on-Account -Smita Gupta

-The Hindu The UPA government hopes to pass a slew of anti-graft laws, Congress sources said, next month along with the mandatory Vote-on-Account when the 15th Lok Sabha meets for the last time for a fortnight, ahead of general elections slated for April/ May. The Congress's confidence, party sources said, hinges on the fact that the Bharatiya Janata Party - shaken by the success of the Aam Aadmi Party that has...

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Non-farm jobs to shrink by 25 pc in 7 years: CRISIL

-The Hindu Chennai: In an indication of poor economic growth taking its toll on the job market, an estimated 12 million people may be forced to look for low-quality, low productivity rural or agriculture jobs over seven years, a reversal of old trend of migration from farm to non-farm employment opportunities, pointed out a report of CRISIL Research. Job generation in the non-farm sector will slow down sharply in the coming...

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Have bank accounts for all by Jan 2016: RBI panel

-PTI MUMBAI: Recommending sweeping changes in the banking structure, an RBI panel on Tuesday suggested setting up of specialized banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 15-minute walking distance anywhere in the country. "By January 1, 2016 each resident, above the age of 18, would have an...

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