Technology is helping public sector banks find customers in rural India. This is part of the Centre’s efforts to include villages in the organized financial system; to ensure they are not cheated of their wages. Pilots show promise The current state of rural banking in the country is poor. A recent report, by the National Sample Survey Organization, revealed that 51.4 per cent of the 89.3 million total farmer households in...
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Low Pulse by Savvy Soumya Misra
Spiralling prices of pulses have shown India’s dependence on imports. Pulses are integral to India’s diet but not its food policy. As a result, supply cannot meet demand. What are the consequences and solutions? Surendra Nath has switched to eating grass-pea, though he knows it is not good for health. But so is tobacco, he argues. He cannot do without pulses and pigeon-pea selling at Rs 100 a kg is beyond...
More »Vidarbha wants Rs 30,000 crore from Mukherjee's Budget kitty
NAGPUR: Farmers in Maharashtra's Vidarbha region are hoping for a Rs 30,000 crore (Rs 300 billion) development package in Finance Minister Pranab Mukherjee's budget, only two days away. According to the Vidarbha Jan Andolan Samiti (VJAS), in view of the neglect faced by the region since independence, it was high time the central government looks at Vidarbha seriously and announces a hefty development package. "The Maharashtra government has spent over...
More »NREGA schemes check villagers’ exodus to cities by Ruhi Tewari
In Danta village, 15km from Bhilwara city, 30-odd women start filing in at 8.30 am daily to resume work on building a concrete water reservoir. The women are among the 2,000 people in the village who have got work under the National Rural Employment Guarantee Act (NREGA) since the scheme, promising 100 days of work a year to one adult member of every rural family, was launched two years ago...
More »Insurance for NREGA workers gets delayed by Ruhi Tewari
A difference of opinion between two ministries has put paid to a six-month-old proposal to extend a government health insurance scheme for the poor to those working under the government’s flagship job guarantee programme. The Rashtriya Swasthya Bima Yojana (RSBY) offers cashless hospitalization benefit up to Rs30,000 for a poor family of five. Nearly 11 million families have been issued smart cards since the scheme was introduced through the labour ministry...
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