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The banking woes of an “excluded” community by Vidya Subrahmaniam

Banks have designated red zones where the vast majority of Muslim clusters fall. This fact is confirmed by the rash of banking-related complaints received by the National Commission for Minorities. A little over a year ago, Ali Arshad, a resident of Okhla in Delhi, went to a well-known private sector bank to open a bank account. He thought his case would be fast-tracked because he had a banking background, he worked...

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Unique ID pilot project in a week

Nandan Nilekani-headed Unique Identification Authority of India’s (UIDAI) plan to pay rural job scheme wages by putting to use the unique ID number will have its pilot run in five blocks of Jharkhand within a week. At a meeting today chaired by chief secretary A.K. Singh and attended by UIDAI director-general Ram Sevak Sharma, around a dozen blocks were discussed. It was then decided to choose five of these blocks in...

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India state-run banks 'turn away Muslims' by Sanjoy Majumder

State-owned banks in India have been accused of discriminating against the country's Muslim minority. India's minorities watchdog has received a record number of complaints from Muslims who say they have been prevented from opening bank accounts. India's Muslim community is among the poorest in the country. Some bankers say it is not so much their religious background, but their economic status that makes it hard for Muslims to get banking facilities. The National Commission...

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Controlling Inflation by Dipankar Dasgupta

The Union budget estimates the nominal rate of growth for the Indian economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...

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How fruit trees in Indian village save girls' lives by Amarnath Tewary

In India, where traditionally boys have been preferred over girls, a village in backward Bihar state has been setting an example by planting trees to celebrate the birth of a girl child. In Dharhara village, Bhagalpur district, families plant a minimum of 10 trees whenever a girl child is born. And this practice is paying off. Nikah Kumari, 19, is all set to get married in early June. The would-be...

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