-The Financial Express   The Unique Identification Authority of India (UIADI) has launched a micro ATM device that would enable beneficiaries like MG-NREGA workers with Aadhaar to withdraw money near their doors through core banking system. "The beneficiary has to put his finger and Aadhaar number in to the micro ATM wireless device and get the money within 8 to 9 seconds from a business correspondent after verification about the beneficiary having that...

The move to set aside 4.5% share for minorities, including Muslims, within an existing affirmative-action system for other backward classes (OBCs) is legally sound, Rajya Sabha deputy chairperson K Rahman Khan has said. Rahman Khan, whose “reservation” model for Muslims in Karnataka served as a model reference point for the government’s decision, however said declaring the entire community backward based on Sachar's findings alone, as demanded by many Muslims, was not...

-The Business Standard   Achieves total financial inclusion in Andhra Pradesh. State Bank of India (SBI) is planning to use the rural banking correspondent (BC) network for farm loan recoveries in addition to the services prescribed under the financial inclusion plan by the Reserve Bank of India. The SBI’s Hyderabad circle with operational jurisdiction extending to the entire state of Andhra Pradesh is one of the first to achieve total financial inclusion. It has...

-The Deccan Chronicle   As the year 2011 comes to an end, the ministry of rural development is yet to find answers to slippage within the National Rural Employment Guarantee Act (NREGA). However, Union rural development minister Jairam Ramesh gave a new approach by unveiling new policies for the Naxal-affected areas. Taking charge of the ministry later in the middle of the year, Mr Ramesh highlighted that the demand for the job...

In Chhattisgarh, people swear by the PDS, which has witnessed a revival since 2004 when the government revamped it. IN Chhattisgarh, as part of the survey on public distribution system (PDS) versus cash transfers, a team of student volunteers visited 12 villages spread across Mahasamund and Sarguja districts. The State may have been in the news for all the wrong reasons in recent times, but the way its PDS worked...