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FCI ties up with banks for direct payment to farmers

Food Corporation of India (FCI) has tied up with a few banks for direct payment to farmers for the grains to be procured in the kharif marketing season 2010-11. "We are firm on our stand and we will try to put direct payment system to farmers into operation from the coming paddy procurement season," a senior official of FCI told media here. FCI has made arrangements with the State Bank...

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The next frontier is rural net penetration

A seven-state survey on rural internet awareness revealed that close to 84% were ignorant of the medium’s existence. Of the ones who did know about it, 85% used the net only to access emails, 13% to know about the latest farming techniques and 8% to look up fertilisers, among other uses. We can acknowledge that internet penetration so far has been weak; but the past is not a guide to...

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Will smart cards help those living below poverty line? by Binay Singh

`Financial Inclusion' as defined by the committee of financial inclusion is the process of ensuring access to financial services and timely and adequate credit, where needed by vulnerable groups, such as weaker sections and lower income groups at an affordable cost. Reserve Bank of India (RBI) has selected Baikunthpur village in Narayanpur block of Mirzapur district to provide banking services to the villagers under its financial inclusion programme. The programme...

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Govt likely to miss target of 250,000 rural kiosks by ’12 by Surabhi Agarwal

An initiative to set up information technology (IT) kiosks to offer government services in Rural India is likely to miss its expanded target of establishing 250,000 centres because of delays in releasing funds. The scheme to set up 100,000 common service centres (CSCs), through which villagers would be able to access a host of services, was launched in 2006. In June 2009, President Pratibha Patil said in her inaugural address to the...

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India's progress on Millennium Development Goals found tardy

Despite some movement in primary education, assured rural employment and access to potable water, India continues to lag behind in realising the Millennium Development Goals set for 2015 by the United Nations, says a new report. Persistent inequalities, ineffective delivery of public services, weak accountability systems and gaps in implementing pro-poor policies are major bottlenecks to progress, said the country report on India pertaining to the Millennium Development Goals. It...

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