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Government Banking on savings from flagship social schemes like NREGA, lower commodity prices to keep deficit in check by Deepshikha Sikarwar

The finance ministry is betting on substantial savings in some of the flagship social schemes and lower commodity prices to stay within the year's fiscal deficit target even as the central bank and economists raise the red flag over the Centre's finances. India's fiscal deficit, or the difference between expenditure and receipts that has to be met through borrowings, during the first four months jumped to 55% of the budgeted amount...

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Scanning 2.4 Billion Eyes, India Tries to Connect Poor to Growth by Lydia Polgreen

Ankaji Bhai Gangar, a 49-year-old subsistence farmer, stood in line in this remote village until, for the first time in his life, he squinted into the soft glow of a computer screen. His name, year of birth and address were recorded. A worker guided Mr. Gangar’s rough fingers to the glowing green surface of a scanner to record his fingerprints. He peered into an iris scanner shaped like binoculars that...

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For a strong and effective Lokpal by Prakash Karat

The Anna Hazare fast has seen an outpouring of support across the country. The government Lokpal Bill is unacceptable. A fresh Bill is needed for an effective Lokpal. There has been an outpouring of support all over the country in favour of the fast conducted by Anna Hazare for the Jan Lokpal Bill. The agitation has found support predominantly from the urban middle classes and a substantial section of youth belonging...

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MFIs: Still in the doldrums by Shruti Sarma

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

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In their voice by Ajoy Ashirwad Mahaprashasta

CGNet Swara in Chhattisgarh is a mobile radio platform that has helped bring tribal issues to national attention. MAHADEV SINGH, a Baiga tribal person, hails from a village situated atop a forested hill near Bilaspur, Chhattisgarh. While most of the neighbouring villages are electrified and welfare schemes from the government reach them to an extent, Mahadev's village has lost out in this regard owing to its inaccessibility. Mahadev and his...

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