-PTI MUMBAI: Recommending sweeping changes in the banking structure, an RBI panel on Tuesday suggested setting up of specialized banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 15-minute walking distance anywhere in the country. "By January 1, 2016 each resident, above the age of 18, would have an...
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Low growth may turn jobseekers back to farm sector: Crisil report -Remya Nair and Kirthi V Rao
-Live Mint Non-farm employment will increase by only 38 mn in financial years 2012-19, compared with 52 mn in FY 2005-12 New Delhi: The slowing economy will result in fewer jobs being added to industry and services in the next seven years and more workers moving back to farming, Crisil Research said in a report on Tuesday, indicating job creation will remain a key concern for the next government. Non-farm employment will increase...
More »Delivering services to aam aadmi -Karthik Muralidharan
-The Indian Express Policy design should worry less about public versus private, and more about choice and accountability. The most noteworthy aspect of the Aam Aadmi Party's manifesto is the explicit focus on service delivery. This is what its government will be evaluated on, and attention has shifted from the AAP's political success to how it will deliver on these promises. The ideas below reflect learnings from over a decade of research...
More »An e-dawn for farmers -MA Siraj
-Deccan Herald A novel technology-aided crop protection programme helps farmers in Raichur combat pests and diseases. M A Siraj reveals the secret behind the healthy produce in Raichur. Information Technology (IT) is no longer the exclusive preserve of the city folk. It is making subtle inroads into farming communities of Karnataka. Those who saw the elitist bias in IT would be better off making amends if they thought an e-future only a...
More »Chaudhuri committee on WPI facing difficulties with Producer Price Index-Nayanima Basu & Sanjeeb Mukherjee
-The Business Standard Deadline extended by three months to March 31 for submitting report After a push from the Prime Minister's Office (PMO), a committee headed by Planning Commission member Saumitra Chaudhuri seems to be giving its full attention in moving towards Producers Price Index (PPI) that will give accurate calculation of movement of inflation. To help the panel finish its task, the government has extended its deadline by...
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