-The Times of India The Manmohan Singh government's mission in a pre-election year seems cut out: To check and roll back retail food inflation that rose from 4% in January last year to 13% in December, a trend that could blight its 2014 poll ratings. With food prices accounting for half of overall inflation, this group stayed above 10% most of last year, higher than the overall consumer price index figure of...
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Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banks
-The Economic Times The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters. In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished...
More »Direct Benefit Transfer a failure, beneficiaries excluded: Aruna Roy
-The Hindu Out of 20,000 beneficiaries in Ajmer district, only 220 actually received cash Accusing the government of “forcing” people to enrol for an Aadhaar number, social activist and National Advisory Council member Aruna Roy says the performance of the Direct Benefit Transfer (DBT) scheme in the first two months has been “dismal,” resulting in “exclusion” of poor beneficiaries. Ms. Roy, a vociferous opponent of linking Aadhaar with welfare delivery, expressed her concerns...
More »Budget 2013: Why the Nirbhaya fund is not what the Indian woman needs
-First Post While Finance Minister P Chidambaram played the knight in the shining armour role to the hilt, going all out to woo the Indian woman – with an all-woman bank, the ‘Nirbhaya’ fund and an empathetic lecture on the girl child- after the shock value wears out, we are only left with measures which at best might only scrape the tip of the iceberg that is women’s development and security...
More »From famines to food security -Zia Haq
-The Hindustan Times In 2009, when India faced its worst drought in three decades, the country managed to produce a million more tonne of foodgrains than it did in 2007, a normal year. That's both an achievement and a failure. It's not enough to grow more food - as India has been able to do - but to distribute it well, which the country hasn't accomplished. The UPA's flagship food security bill...
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