-PTI   Urging state governments not to 'fail the poor', Prime Minister Manmohan Singh on Wednesday said the country had still to realise the 'full potential' of the National Rural Employment Guarantee Act (NREGA) whose implementation had been 'uneven across states'. "We still have miles to go before we achieve the full potential of this unique legislation in annals of recent history. The performance of the programme, as I have mentioned, has been...

-DNA   The Centre's debt relief scheme for the farmers has given anything but relief to the poor farmers. Despite the Rs 65,318.33-crore Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS) launched by the UPA with much fanfare in 2008, nearly 43.42 million (48.6 per cent) of the 89.35 million farmer households are still in debt. This is the finding of National Sample Survey Organisation (NSSO) report on 'Indebtedness of Farmers Household'. The scheme benefited...

Studies by the India-Brazil-South Africa (IBSA) Academic Forum on food security issues in the three countries suggest that providing food access works best when backed by cash transfers. A paper on food security brought out by the UNDP’s Brasilia-based International Policy Centre for Inclusive Growth (IPC-IG), under the Forum, shows that despite the great strides in food production made by India people in this country are just not eating enough. Citing indices...

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

In an attempt to extend the reach of banks in rural and semi-urban areas, the finance ministry has asked public sector banks to integrate their operations with regional rural banks (RRBs). "Charges for various banking services used by customers of RRBs are to be aligned with the sponsoring banks," a finance ministry official said on condition of anonymity. "Further, cheques or drafts issued by RRBs should be treated at par...