-The Hindu   ‘Neo-liberal policies fine-tuned to global capitalist accumulation to blame' Neo-liberal policies fine-tuned to global capitalist accumulation are increasing poverty, mass deprivation and unemployment besides undermining food security in India, economist Utsa Patnaik said on Friday. Delivering the inaugural ‘T.G. Narayanan Memorial Lecture on Social Deprivation' under the auspices of the Media Development Foundation and the Asian College of Journalism here, Prof. Patnaik said contrary to the claims by the Centre about...

To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...

Not only are the Forest Rights Act and the Panchayats Extension to Scheduled Areas Act routinely violated in Chhattisgarh, the adivasis are also short-changed on legislative representation and reservations in government jobs. As the state cedes land to capital while reducing the adivasis to an ornamental presence, there is increasing assertion of adivasi identity, born out of class predicaments and experiences of displacement as much as notions of indigeneity. Supriya Sharma...

Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...

-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...