While any loss in production following the dry spell will further hit the growth story, it will also push up food inflation. considerably. Once again the rain gods are playing truant. With 31 per cent shortfall in June, and with an expectation of only 70 per cent of the predicted 96 per cent rainfall for the July-August months, crucial for farming operations, kharif sowings have already been hit. In June alone,...
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Despite ownership documents, poor fear eviction without notice-Kounteya Sinha
Around two in five households in Kolkata don't have ownership or tenancy documents, while one in four live in the fear of being evicted without legal notice. In Mumbai, 30% households don't have ownership or tenancy documents and one in five feel insecure against eviction, says the UN's Millennium Development Goals Report, 2012. Released on Monday, the report says the most visible violation of housing rights faced by the urban poor today...
More »e-Payment must for public sector banks from July 1-Dheeraj Tiwari
The finance ministry has asked state-run banks to stop making payments to their customers through cheques from July 1 and to "migrate totally" to electronic payment channels, a move aimed at cutting costs in a sluggish economy. In a circular issued to chairmen of public sector banks and regional rural banks, the ministry said all payments to customers, staff, vendors and suppliers as well as disbursement of loans and payments towards...
More »Government's e-office plans tied in red tape, files go up in flames-Vikas Dhoot & Harsimran Julka
-The Economic Times Heaps of dusty files continue to grow in government buildings and sensitive papers are mysteriously lost, leaked or dramatically reduced to ashes in fires while the six-year-old plan to modernise and digitise governance remains tied up in what it should eliminate - red tape. The latest casualty was the Union home ministry, where a fire was reported on Sunday, days after a blaze engulfed Mumbai's Mantralaya, killing people and...
More »UID: Are your biometric I-cards stacked against you?-M Rajshekhar
-The Economic Times Imagine a rural family of five. Mom. Dad. Two kids. And Grandma. Assume too that they are below the poverty line. The day is coming when this family will have to give its biometrics out to myriad agencies. You know that Nandan Nilekani's Unique Identification Authority of India (UIDAI) or the Registrar General's National Population Register (NPR) has been collecting biometrics for a while now. But a set of other...
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