Just as microcredit on its own does not represent full financial inclusion, it is our view that neither do business correspondent accounts In a country of 1.2 billion individuals, if we exclude children, we should at least have 900 million bank account holders before we can say the job of basic inclusion in banking is complete. No matter how we count, however, the actual number of bank account holders do not...

Ban forward trading of wheat and rice and undertake de-hoarding measures urgently Make higher budgetary allocations for Primary Health Centres which need to be strengthened Worst hit by the prices of essentials, women groups on Tuesday presented their wish-list for the budget to the Union Finance Minister Pranab Mukherjee.“The spiralling rise in prices of essential commodities and inflation have had a particularly adverse impact on women, and on families from the more...

The draft Food Security Bill, which has returned to the negotiating table of the Empowered Group of Ministers (EGoM) after a gap, is, among other things, expected to witness discussions on the number of people to be covered by the scheme across the country, whether the other vulnerable sections of the society are to brought within its ambit, whether it should be confined to the distribution of either rice or...

Smallholders and rural producers have a vital role to play in overcoming global hunger and poverty, and new and varied partnerships are needed, with particular emphasis on the interests of women, Secretary-General Ban Ki-moon said today. “With more than 1 billion people now suffering from hunger, the highest number in human history, there is simply no time to lose,” he told the International Fund for Agricultural Development (IFAD), a specialized...

The ministry of personnel has shown a surprising lack of alacrity in prosecuting errant babus In August last year, Prime Minister Manmohan Singh was keynote speaker at the annual meeting of India’s premier anti-corruption agency, the CBI. There, addressing officers of the agency and state vigilance bureaus, he made a telling remark, “Our anti-corruption agencies must make the cost of corruption unacceptably high for those indulging in this evil practice.” The prime...